Banque Transatlantique SA Sells 24,844 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Banque Transatlantique SA has reduced its stake in Advanced Micro Devices (AMD) by 10.8%, selling 24,844 shares during the first quarter, leaving it with 204,615 shares valued at approximately $19.43 million.
• Insider transactions include CEO Lisa T. Su selling 225,000 shares valued at about $36.89 million, while other executives also divested shares, with insiders collectively selling 252,998 shares worth approximately $41.42 million over the last three months.
• Analysts have mixed sentiments on AMD, with several reducing price targets; however, the stock also has a significant number of "Buy" ratings leading to an average target price of $181.33.

Banque Transatlantique SA reduced its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 10.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 204,615 shares of the semiconductor manufacturer's stock after selling 24,844 shares during the quarter. Banque Transatlantique SA's holdings in Advanced Micro Devices were worth $19,427,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Seaview Investment Managers LLC raised its holdings in Advanced Micro Devices by 4.3% during the first quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer's stock worth $232,000 after purchasing an additional 93 shares during the last quarter. Activest Wealth Management grew its position in shares of Advanced Micro Devices by 9.4% in the first quarter. Activest Wealth Management now owns 1,136 shares of the semiconductor manufacturer's stock valued at $117,000 after purchasing an additional 98 shares during the period. Peterson Wealth Services grew its position in shares of Advanced Micro Devices by 2.9% in the first quarter. Peterson Wealth Services now owns 3,650 shares of the semiconductor manufacturer's stock valued at $375,000 after purchasing an additional 103 shares during the period. Lifeworks Advisors LLC grew its position in Advanced Micro Devices by 5.6% during the first quarter. Lifeworks Advisors LLC now owns 1,974 shares of the semiconductor manufacturer's stock valued at $203,000 after acquiring an additional 104 shares during the period. Finally, Vermillion & White Wealth Management Group LLC grew its position in Advanced Micro Devices by 29.0% during the first quarter. Vermillion & White Wealth Management Group LLC now owns 467 shares of the semiconductor manufacturer's stock valued at $48,000 after acquiring an additional 105 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have commented on AMD shares. TD Cowen boosted their price objective on Advanced Micro Devices from $165.00 to $195.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Evercore ISI upped their target price on Advanced Micro Devices from $144.00 to $188.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Erste Group Bank raised Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Wednesday, July 23rd. Mizuho increased their price objective on Advanced Micro Devices from $183.00 to $205.00 and gave the stock an "outperform" rating in a report on Thursday, August 14th. Finally, Benchmark increased their price target on Advanced Micro Devices from $170.00 to $210.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Advanced Micro Devices has an average rating of "Moderate Buy" and an average price target of $181.33.

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD traded down $10.65 during midday trading on Friday, hitting $151.14. The company's stock had a trading volume of 77,891,119 shares, compared to its average volume of 48,056,704. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $186.65. The stock has a market capitalization of $245.28 billion, a price-to-earnings ratio of 86.86, a PEG ratio of 1.90 and a beta of 1.92. The stock's 50 day simple moving average is $161.36 and its 200 day simple moving average is $125.54. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates 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 last year, the business earned $0.69 earnings per share. The firm's quarterly revenue 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, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices declared that its Board of Directors has approved a share repurchase program on Wednesday, May 14th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the semiconductor manufacturer to buy up to 3.1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Mark D. Papermaster sold 17,998 shares of the firm's stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the transaction, the executive vice president owned 1,713,710 shares of the company's stock, valued at approximately $265,676,461.30. This represents a 1.04% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 252,998 shares of company stock worth $41,415,580 over the last quarter. Company insiders own 0.06% of the company's stock.

Advanced Micro Devices Company Profile

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.