Clear Creek Financial Management LLC Has $1.96 Million Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Clear Creek Financial Management LLC has reduced its stake in Advanced Micro Devices, Inc. by 15.1%, holding 13,817 shares valued at approximately $1.96 million, as reported in its recent SEC filing.
• CEO Lisa T. Su sold 225,000 shares of AMD stock on August 21st for $36.89 million, resulting in a 6.28% decrease in ownership, while corporate insiders sold a total of 275,316 shares over the last three months.
• AMD's stock has seen significant price movement, currently trading at around $235.56, and analysts maintain an average rating of “Moderate Buy” with a consensus price target of $217.70.

Clear Creek Financial Management LLC reduced its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 15.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,817 shares of the semiconductor manufacturer's stock after selling 2,460 shares during the period. Clear Creek Financial Management LLC's holdings in Advanced Micro Devices were worth $1,961,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of AMD. Brighton Jones LLC grew its holdings in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock valued at $5,551,000 after acquiring an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock valued at $1,001,000 after acquiring an additional 234 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Advanced Micro Devices by 39.4% during the 1st quarter. Farther Finance Advisors LLC now owns 19,641 shares of the semiconductor manufacturer's stock valued at $2,019,000 after acquiring an additional 5,554 shares in the last quarter. Pallas Capital Advisors LLC grew its holdings in shares of Advanced Micro Devices by 119.6% during the 1st quarter. Pallas Capital Advisors LLC now owns 7,309 shares of the semiconductor manufacturer's stock valued at $751,000 after acquiring an additional 3,980 shares in the last quarter. Finally, Harbor Capital Advisors Inc. grew its holdings in shares of Advanced Micro Devices by 39.1% during the 1st quarter. Harbor Capital Advisors Inc. now owns 35,086 shares of the semiconductor manufacturer's stock valued at $3,605,000 after acquiring an additional 9,858 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 225,000 shares of the 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 transaction, the chief executive officer owned 3,359,748 shares of the company's stock, valued at $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of the stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the transaction, the senior vice president directly owned 9,033 shares of the company's stock, valued at $2,041,548.33. This trade represents a 24.10% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 275,316 shares of company stock valued at $45,203,045. Corporate insiders own 0.06% of the company's stock.

Advanced Micro Devices Stock Up 11.4%

NASDAQ AMD opened at $235.56 on Thursday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The firm has a 50-day simple moving average of $168.34 and a 200 day simple moving average of $135.71. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $235.87. The stock has a market cap of $382.28 billion, a PE ratio of 135.38, a PEG ratio of 2.50 and a beta of 1.90.

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 the consensus estimate 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 in the previous year, the business posted $0.69 EPS. The firm'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, research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Wedbush reiterated a "cautious" rating on shares of Advanced Micro Devices in a report on Saturday, August 9th. TD Cowen upped their price objective on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Evercore ISI upped their price objective on shares of Advanced Micro Devices from $188.00 to $240.00 and gave the stock an "outperform" rating in a report on Tuesday. Melius raised shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price target on the stock in a research report on Monday, June 23rd. Finally, Rosenblatt Securities lifted their price target on shares of Advanced Micro Devices from $200.00 to $250.00 and gave the company a "buy" rating in a research report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $217.70.

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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