Atria Wealth Solutions Inc. Has $6.52 Million Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Atria Wealth Solutions Inc. has significantly reduced its stake in Advanced Micro Devices by 60.6%, leaving it with 46,887 shares worth approximately $6.52 million.
• Insider trading activity includes the sale of 225,000 shares by CEO Lisa T. Su for over $36 million, indicating a 6.28% decrease in her holdings.
• Several hedge funds have increased their positions in Advanced Micro Devices, contributing to a total of 71.34% of the stock owned by institutional investors.

Atria Wealth Solutions Inc. reduced its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 60.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,887 shares of the semiconductor manufacturer's stock after selling 72,052 shares during the period. Atria Wealth Solutions Inc.'s holdings in Advanced Micro Devices were worth $6,524,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA raised its holdings in Advanced Micro Devices by 277.8% in 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 in the last quarter. American Capital Advisory LLC raised its holdings in Advanced Micro Devices by 90.3% in 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 in the last quarter. Dogwood Wealth Management LLC raised its holdings in Advanced Micro Devices by 2,311.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer's stock valued at $30,000 after acquiring an additional 208 shares in the last quarter. West Branch Capital LLC raised its holdings in Advanced Micro Devices by 3,057.1% in the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock valued at $31,000 after acquiring an additional 214 shares in the last quarter. Finally, Bear Mountain Capital Inc. raised its holdings in Advanced Micro Devices by 75.0% in the 1st quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer's stock valued at $34,000 after acquiring an additional 150 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,868 shares of the company's stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the sale, the senior vice president owned 9,033 shares in the company, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Lisa T. Su sold 225,000 shares of the company's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the completion of the sale, the chief executive officer owned 3,359,748 shares in the company, valued at $550,897,879.56. This trade represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 257,318 shares of company stock worth $42,412,815. Corporate insiders own 0.06% of the company's stock.

Advanced Micro Devices Trading Up 0.7%

NASDAQ AMD opened at $216.42 on Tuesday. The business's 50-day moving average price is $171.12 and its two-hundred day moving average price is $138.42. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $240.10. The firm has a market capitalization of $351.22 billion, a PE ratio of 124.38, a price-to-earnings-growth ratio of 2.52 and a beta of 1.90. 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 (NASDAQ:AMD - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter last year, the firm posted $0.69 EPS. The company's quarterly revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on AMD shares. Rosenblatt Securities boosted their price target on Advanced Micro Devices from $200.00 to $250.00 and gave the stock a "buy" rating in a report on Tuesday, October 7th. Seaport Res Ptn cut Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 4th. Erste Group Bank cut Advanced Micro Devices from a "buy" rating to a "hold" rating in a report on Thursday, September 11th. TD Cowen upped their target price on Advanced Micro Devices from $165.00 to $195.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Finally, Barclays upped their target price on Advanced Micro Devices from $200.00 to $300.00 and gave the stock an "overweight" rating in a report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $221.64.

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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