Burr Financial Services LLC Has $392,000 Stock Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Burr Financial Services LLC reduced its stake in Advanced Micro Devices, Inc. by 62.3% in the second quarter, now holding 2,764 shares valued at approximately $392,000.
• Executives at Advanced Micro Devices sold significant shares, with CEO Lisa T. Su selling 225,000 shares for $36.89 million, indicating a 6.28% decrease in her position.
• Advanced Micro Devices reported $0.48 earnings per share in its last quarterly earnings, missing estimates by $0.06, while revenue increased by 31.7% year-over-year to $7.69 billion.

Burr Financial Services LLC lowered its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 62.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,764 shares of the semiconductor manufacturer's stock after selling 4,562 shares during the period. Advanced Micro Devices makes up about 0.3% of Burr Financial Services LLC's holdings, making the stock its 25th biggest position. Burr Financial Services LLC's holdings in Advanced Micro Devices were worth $392,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Sandy Cove Advisors LLC increased its stake in Advanced Micro Devices by 1.4% in the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer's stock worth $776,000 after acquiring an additional 75 shares during the last quarter. Seaview Investment Managers LLC increased its stake in Advanced Micro Devices by 4.3% in the 1st quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer's stock worth $232,000 after acquiring an additional 93 shares during the last quarter. Activest Wealth Management increased its stake in Advanced Micro Devices by 9.4% in the 1st quarter. Activest Wealth Management now owns 1,136 shares of the semiconductor manufacturer's stock worth $117,000 after acquiring an additional 98 shares during the last quarter. Bangor Savings Bank increased its stake in Advanced Micro Devices by 8.4% in the 2nd quarter. Bangor Savings Bank now owns 1,314 shares of the semiconductor manufacturer's stock worth $186,000 after acquiring an additional 102 shares during the last quarter. Finally, Peterson Wealth Services increased its stake in Advanced Micro Devices by 2.9% in the 1st quarter. Peterson Wealth Services now owns 3,650 shares of the semiconductor manufacturer's stock worth $375,000 after acquiring an additional 103 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total value of $2,767,996.00. Following the completion of the sale, the executive vice president owned 313,848 shares in the company, valued at approximately $50,507,558.64. This trade represents a 5.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was 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 of the company's stock, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 270,198 shares of company stock worth $44,183,576. Corporate insiders own 0.06% of the company's stock.

Advanced Micro Devices Trading Up 1.6%

Shares of AMD stock opened at $161.16 on Tuesday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The business has a 50-day moving average of $163.66 and a 200 day moving average of $127.90. The stock has a market capitalization of $261.54 billion, a PE ratio of 92.62, a P/E/G ratio of 1.87 and a beta of 1.92.

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). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business had revenue of $7.69 billion during the quarter, compared to analysts' expectations of $7.41 billion. During the same quarter last year, the business posted $0.69 EPS. The company'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, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on AMD shares. Melius upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price objective for the company in a report on Monday, June 23rd. Barclays upped their price objective on Advanced Micro Devices from $130.00 to $200.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. Wells Fargo & Company upped their price objective on Advanced Micro Devices from $120.00 to $185.00 and gave the stock an "overweight" rating in a report on Wednesday, July 16th. Citigroup upped their price objective on Advanced Micro Devices from $145.00 to $165.00 and gave the stock a "neutral" rating in a report on Friday, July 18th. Finally, Mizuho increased their target price on Advanced Micro Devices from $183.00 to $205.00 and gave the company an "outperform" rating in a report on Thursday, August 14th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $180.88.

Advanced Micro Devices 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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