Advanced Micro Devices, Inc. $AMD Stock Position Decreased by Woodline Partners LP

Key Points

• Woodline Partners LP has significantly reduced its position in Advanced Micro Devices, Inc. by 69%, now holding 143,680 shares valued at approximately $14.76 million.
• CEO Lisa T. Su sold 225,000 shares at an average price of $163.97, leading to a 6.28% decrease in her ownership stake in the company.
• Analysts have raised their price targets for AMD stock, with Bank of America setting a new target of $200 and Stifel Nicolaus raising theirs to $190, both maintaining a "buy" rating.

Woodline Partners LP cut its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 69.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 143,680 shares of the semiconductor manufacturer's stock after selling 320,149 shares during the period. Woodline Partners LP's holdings in Advanced Micro Devices were worth $14,762,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMD. Farmers & Merchants Trust Co of Chambersburg PA increased its holdings in shares of Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 200 shares during the last quarter. American Capital Advisory LLC increased its holdings in shares of Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 130 shares during the last quarter. Kozak & Associates Inc. increased its holdings in shares of Advanced Micro Devices by 67.6% during the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock valued at $29,000 after acquiring an additional 123 shares during the last quarter. Mpwm Advisory Solutions LLC acquired a new position in shares of Advanced Micro Devices during the 4th quarter valued at about $30,000. Finally, Investors Research Corp increased its holdings in shares of Advanced Micro Devices by 117.9% during the 1st quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock valued at $31,000 after acquiring an additional 165 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the sale, the chief executive officer owned 3,359,748 shares of the company's stock, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the sale, the executive vice president directly owned 1,713,710 shares in the company, valued at $265,676,461.30. The trade was a 1.04% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 252,998 shares of company stock valued at $41,415,580. 0.06% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AMD. Stifel Nicolaus increased their price objective on Advanced Micro Devices from $161.00 to $190.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Bank of America increased their price objective on Advanced Micro Devices from $175.00 to $200.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Erste Group Bank raised Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Wednesday, July 23rd. Rosenblatt Securities reaffirmed a "buy" rating and issued a $200.00 target price on shares of Advanced Micro Devices in a report on Friday, June 13th. Finally, Evercore ISI lifted their price target on Advanced Micro Devices from $144.00 to $188.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $180.88.

Advanced Micro Devices Trading Up 2.4%

Shares of Advanced Micro Devices stock opened at $159.54 on Thursday. The company's fifty day simple moving average is $162.37 and its 200-day simple moving average is $126.42. The company has a market cap of $258.91 billion, a price-to-earnings ratio of 91.69, a PEG ratio of 1.84 and a beta of 1.92. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same period in the previous year, the business posted $0.69 EPS. Advanced Micro Devices's revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices announced that its Board of Directors has authorized a stock buyback program on Wednesday, May 14th that permits the company to buyback $6.00 billion in outstanding shares. This buyback authorization permits the semiconductor manufacturer to buy up to 3.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

About Advanced Micro Devices

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.

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