Country Club Bank trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 32.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,434 shares of the semiconductor manufacturer's stock after selling 18,750 shares during the quarter. Country Club Bank's holdings in Advanced Micro Devices were worth $5,527,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in Advanced Micro Devices by 178.2% during the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock worth $5,551,000 after purchasing an additional 29,438 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock worth $1,001,000 after buying an additional 234 shares during the last quarter. Procyon Advisors LLC lifted its stake in shares of Advanced Micro Devices by 14.0% in the first quarter. Procyon Advisors LLC now owns 5,058 shares of the semiconductor manufacturer's stock worth $520,000 after buying an additional 621 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of Advanced Micro Devices by 4.7% during the 1st quarter. UMB Bank n.a. now owns 14,463 shares of the semiconductor manufacturer's stock worth $1,486,000 after buying an additional 646 shares during the period. Finally, Capital Investment Advisors LLC boosted its holdings in shares of Advanced Micro Devices by 16.3% during the 1st quarter. Capital Investment Advisors LLC now owns 14,954 shares of the semiconductor manufacturer's stock worth $1,536,000 after buying an additional 2,092 shares during the period. Institutional investors and hedge funds own 71.34% of the company's stock.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on AMD shares. Erste Group Bank downgraded shares of Advanced Micro Devices from a "buy" rating to a "hold" rating in a report on Thursday, September 11th. Hsbc Global Res raised shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. Melius raised 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. Sanford C. Bernstein increased their price objective on Advanced Micro Devices from $95.00 to $140.00 and gave the company a "market perform" rating in a research report on Monday, July 21st. Finally, The Goldman Sachs Group raised shares of Advanced Micro Devices to a "hold" rating and set a $140.00 target price on the stock in a research report on Thursday, July 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Advanced Micro Devices has an average rating of "Moderate Buy" and an average target price of $198.30.
Get Our Latest Analysis on AMD
Insider Buying and Selling at Advanced Micro Devices
In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the transaction, the chief executive officer owned 3,359,748 shares in the company, valued at $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The sale 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 that occurred on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the completion of the sale, the executive vice president owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. This represents a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 272,448 shares of company stock worth $44,554,848. 0.06% of the stock is currently owned by company insiders.
Advanced Micro Devices Stock Performance
Shares of NASDAQ AMD opened at $203.71 on Tuesday. The business has a fifty day simple moving average of $166.54 and a 200 day simple moving average of $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. The firm has a market capitalization of $330.59 billion, a price-to-earnings ratio of 117.07, a PEG ratio of 1.94 and a beta of 1.90. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $226.71.
Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced 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). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same period last year, the firm earned $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. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.
Advanced Micro Devices Company Profile
(
Free Report)
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.
Further Reading
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