Dempze Nancy E Reduces Stake in Advanced Micro Devices, Inc. $AMD

Key Points

• Dempze Nancy E reduced its stake in Advanced Micro Devices, Inc. (AMD) by 10.3% during the second quarter, owning 24,598 shares worth approximately $3.49 million.
• Insider transactions showed CEO Lisa T. Su sold 225,000 shares, decreasing her ownership by 6.28%, while EVP Paul Darren Grasby also sold 10,000 shares, representing a 7.38% decrease in his position.
• Several analysts have raised their target price for AMD, with UBS increasing it from $210 to $265, contributing to a current consensus rating of "Moderate Buy" and an average target price of $217.70.

Dempze Nancy E reduced its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 10.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,598 shares of the semiconductor manufacturer's stock after selling 2,838 shares during the period. Advanced Micro Devices makes up about 2.0% of Dempze Nancy E's investment portfolio, making the stock its 22nd biggest position. Dempze Nancy E's holdings in Advanced Micro Devices were worth $3,490,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Farmers & Merchants Trust Co of Chambersburg PA boosted its stake 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 buying an additional 200 shares during the last quarter. American Capital Advisory LLC boosted its stake 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 buying an additional 130 shares during the last quarter. Kozak & Associates Inc. boosted its stake in shares of Advanced Micro Devices by 67.6% in the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock worth $29,000 after buying an additional 123 shares during the last quarter. Dogwood Wealth Management LLC boosted its stake in shares of Advanced Micro Devices by 2,311.1% in 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 during the last quarter. Finally, West Branch Capital LLC boosted its stake 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 buying an additional 214 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The stock was 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. The trade was a 6.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares of the company's stock, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 275,316 shares of company stock valued at $45,203,045 over the last ninety days. 0.06% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on AMD shares. Susquehanna raised their target price on Advanced Micro Devices from $135.00 to $210.00 and gave the stock a "positive" rating in a report on Wednesday, July 30th. Weiss Ratings cut Advanced Micro Devices from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday. Hsbc Global Res raised Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. UBS Group raised 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. Finally, Truist Financial reaffirmed 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. Three analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and an average target price of $217.70.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $235.56 on Thursday. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $235.87. 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 business's 50-day simple moving average is $168.34 and its two-hundred day simple moving average is $135.71. The stock has a market cap of $382.28 billion, a PE ratio of 135.38, a P/E/G ratio of 2.50 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 earnings per share (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 firm 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 posted $0.69 earnings per share. The company'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. As a group, analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Advanced Micro Devices Company 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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