Commerzbank Aktiengesellschaft FI Sells 3,086 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Commerzbank Aktiengesellschaft FI reduced its holdings in Advanced Micro Devices by 11.3%, now owning 24,164 shares valued at approximately $3.43 million after selling 3,086 shares.
• Several institutional investors, including Dogwood Wealth Management and West Branch Capital, significantly increased their stakes in Advanced Micro Devices by over 2,000% in the second quarter.
• Analyst ratings for AMD are generally positive, with multiple firms raising their price targets and overall ratings reflecting a consensus "Moderate Buy."

Commerzbank Aktiengesellschaft FI trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 11.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,164 shares of the semiconductor manufacturer's stock after selling 3,086 shares during the period. Commerzbank Aktiengesellschaft FI's holdings in Advanced Micro Devices were worth $3,429,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Dogwood Wealth Management LLC boosted 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 worth $30,000 after buying 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% in the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock worth $31,000 after purchasing an additional 214 shares in the last quarter. High Note Wealth LLC lifted its holdings in shares of Advanced Micro Devices by 285.5% in the 2nd quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer's stock worth $38,000 after purchasing an additional 197 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA lifted its holdings in shares of Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 200 shares in the last quarter. Finally, American Capital Advisory LLC lifted its holdings in shares of Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 130 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AMD has been the topic of a number of recent research reports. UBS Group increased their target price on Advanced Micro Devices from $210.00 to $265.00 and gave the stock a "buy" rating in a report on Tuesday. Truist Financial reiterated a "buy" rating and issued a $273.00 target price (up from $213.00) on shares of Advanced Micro Devices in a report on Tuesday. Rosenblatt Securities increased their price target on Advanced Micro Devices from $200.00 to $250.00 and gave the company a "buy" rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft set a $200.00 price objective on Advanced Micro Devices in a research note on Wednesday, August 6th. Finally, Melius upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price objective on the stock in a research note on Monday, June 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $217.70.

Advanced Micro Devices Stock Down 1.1%

Shares of NASDAQ AMD opened at $232.89 on Friday. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $240.10. The business has a 50-day simple moving average of $169.47 and a two-hundred day simple moving average of $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. The company has a market cap of $377.94 billion, a P/E ratio of 133.84, a P/E/G ratio of 2.77 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS 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 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 prior year, the business earned $0.69 EPS. The firm's revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the firm's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the transaction, the executive vice president owned 125,505 shares in the company, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of the firm's stock in a transaction dated 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 transaction, the chief executive officer owned 3,359,748 shares of the company's stock, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 275,316 shares of company stock worth $45,203,045 over the last quarter. 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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