CFM Wealth Partners LLC Sells 3,831 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• CFM Wealth Partners LLC reduced its stake in Advanced Micro Devices (AMD) by 7.8% in Q2, selling 3,831 shares, and now holds 45,312 shares valued at approximately $6.43 million.
• Advanced Micro Devices reported $0.48 earnings per share for the last quarter, missing the consensus estimate of $0.54, despite revenue of $7.69 billion exceeding expectations.
• Institutional investors now own 71.34% of AMD, reflecting ongoing interest as several firms, such as Tyche Wealth Partners LLC and Meitav Investment House Ltd., increased their positions in the stock during the second quarter.

CFM Wealth Partners LLC cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 7.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 45,312 shares of the semiconductor manufacturer's stock after selling 3,831 shares during the period. Advanced Micro Devices accounts for about 1.0% of CFM Wealth Partners LLC's investment portfolio, making the stock its 25th biggest holding. CFM Wealth Partners LLC's holdings in Advanced Micro Devices were worth $6,430,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Tyche Wealth Partners LLC bought a new stake in shares of Advanced Micro Devices during the 2nd quarter worth approximately $374,000. KLP Kapitalforvaltning AS grew its stake in shares of Advanced Micro Devices by 3.0% in the second quarter. KLP Kapitalforvaltning AS now owns 581,847 shares of the semiconductor manufacturer's stock valued at $82,564,000 after buying an additional 16,800 shares in the last quarter. RMG Wealth Management LLC acquired a new position in Advanced Micro Devices during the second quarter worth $223,000. Meitav Investment House Ltd. increased its holdings in Advanced Micro Devices by 67.7% during the second quarter. Meitav Investment House Ltd. now owns 68,828 shares of the semiconductor manufacturer's stock worth $9,767,000 after buying an additional 27,774 shares during the last quarter. Finally, SeaTown Holdings Pte. Ltd. bought a new stake in Advanced Micro Devices during the second quarter worth $11,068,000. Institutional investors and hedge funds own 71.34% of the company's stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $203.71 on Tuesday. The firm has a market cap of $330.59 billion, a P/E ratio of 117.07, a price-to-earnings-growth ratio of 1.94 and a beta of 1.90. The business's 50 day moving average is $166.54 and its 200-day moving average is $134.48. 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 $226.71.

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

Wall Street Analyst Weigh In

AMD has been the subject of a number of analyst reports. UBS Group lifted their price objective on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the company a "buy" rating in a research report on Monday, July 28th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Advanced Micro Devices in a report on Saturday, September 27th. Stifel Nicolaus set a $240.00 price objective on Advanced Micro Devices in a research note on Monday. Susquehanna raised their price objective on Advanced Micro Devices from $135.00 to $210.00 and gave the company a "positive" rating in a research report on Wednesday, July 30th. Finally, The Goldman Sachs Group raised Advanced Micro Devices to a "hold" rating and set a $140.00 target price on the stock in a report on Thursday, July 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $198.30.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 2,250 shares of the business's stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total value of $371,272.50. Following the completion of the sale, the executive vice president owned 311,598 shares of the company's stock, valued at $51,416,785.98. The trade was a 0.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares in the company, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 272,448 shares of company stock worth $44,554,848. Insiders own 0.06% of the company's stock.

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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