Bender Robert & Associates Lowers Stock Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Bender Robert & Associates decreased its stake in Advanced Micro Devices, Inc. by 2.0%, now holding 64,093 shares worth approximately $9,095,000.
• Insiders have sold a total of 275,316 shares of Advanced Micro Devices during the last quarter, with significant sales by SVP Ava Hahn and EVP Mark D. Papermaster.
• A number of analysts have issued price objectives for Advanced Micro Devices, with Truist Financial raising its target to $273.00 while maintaining a "buy" rating.

Bender Robert & Associates decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 2.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,093 shares of the semiconductor manufacturer's stock after selling 1,302 shares during the quarter. Advanced Micro Devices comprises approximately 2.0% of Bender Robert & Associates' holdings, making the stock its 19th biggest holding. Bender Robert & Associates' holdings in Advanced Micro Devices were worth $9,095,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in AMD. Farmers & Merchants Trust Co of Chambersburg PA lifted 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 in the last quarter. American Capital Advisory LLC lifted 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 in the last quarter. Dogwood Wealth Management LLC lifted its holdings in shares of Advanced Micro Devices by 2,311.1% during 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 lifted its holdings in shares of Advanced Micro Devices by 3,057.1% during 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. lifted its holdings in shares of Advanced Micro Devices by 75.0% during 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. Institutional investors and hedge funds own 71.34% of the company's stock.

Insider Activity

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 shares were sold at an average price of $226.01, for a total value of $648,196.68. Following the completion of the transaction, the senior vice president owned 9,033 shares in the company, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their position. The transaction 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 company'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 completion of the transaction, the executive vice president owned 1,713,710 shares of the company's stock, valued at approximately $265,676,461.30. This trade represents a 1.04% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 275,316 shares of company stock valued at $45,203,045 over the last quarter. Corporate insiders own 0.06% of the company's stock.

Advanced Micro Devices Price Performance

AMD opened at $232.89 on Friday. The firm has a market cap of $377.94 billion, a price-to-earnings ratio of 133.84, a price-to-earnings-growth ratio of 2.77 and a beta of 1.90. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $240.10. The company's 50-day moving average price is $169.47 and its 200 day moving average price is $136.53. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released 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). The business had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.Advanced Micro Devices's revenue was up 31.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.69 EPS. 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 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Truist Financial reiterated a "buy" rating and issued a $273.00 price objective (up previously from $213.00) on shares of Advanced Micro Devices in a report on Tuesday. Dbs Bank upgraded shares of Advanced Micro Devices from a "hold" rating to a "moderate buy" rating in a report on Monday. Sanford C. Bernstein boosted their price objective on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the stock a "market perform" rating in a report on Monday, July 21st. Roth Capital set a $250.00 price objective on shares of Advanced Micro Devices and gave the stock a "buy" rating in a report on Monday. Finally, Citigroup boosted their price objective on shares of Advanced Micro Devices from $180.00 to $215.00 and gave the stock a "neutral" rating in a report on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Advanced Micro Devices has an average rating of "Moderate Buy" and an average price target of $217.70.

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.

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