Exencial Wealth Advisors LLC Decreases Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Exencial Wealth Advisors LLC reduced its position in Advanced Micro Devices, Inc. (AMD) by 27.6%, owning 5,127 shares valued at approximately $728,000 after selling 1,957 shares in the second quarter.
• Several institutional investors increased their stakes in AMD, with Goldman Sachs Group Inc. growing its position by 169.7% and owning over 9.8 million shares worth more than $1 billion.
• Research firms have varied opinions on AMD, with Benchmark raising its price target to $270 while Weiss Ratings downgraded it to a sell rating, reflecting a split among analysts.

Exencial Wealth Advisors LLC lowered its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 27.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,127 shares of the semiconductor manufacturer's stock after selling 1,957 shares during the quarter. Exencial Wealth Advisors LLC's holdings in Advanced Micro Devices were worth $728,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Kingstone Capital Partners Texas LLC purchased a new position in Advanced Micro Devices during the 2nd quarter valued at about $958,422,000. Goldman Sachs Group Inc. grew its position in shares of Advanced Micro Devices by 169.7% in the first quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer's stock valued at $1,012,538,000 after purchasing an additional 6,200,850 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in shares of Advanced Micro Devices by 131.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer's stock worth $1,069,846,000 after purchasing an additional 5,915,185 shares in the last quarter. Nuveen LLC acquired a new position in shares of Advanced Micro Devices during the 1st quarter worth approximately $436,746,000. Finally, Parnassus Investments LLC lifted its stake in Advanced Micro Devices by 47,883.5% in the 1st quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer's stock valued at $425,592,000 after buying an additional 4,133,785 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on AMD. Benchmark raised their price target on Advanced Micro Devices from $210.00 to $270.00 and gave the stock a "buy" rating in a research report on Monday, October 6th. Mizuho lifted their price objective on Advanced Micro Devices from $205.00 to $275.00 and gave the stock an "outperform" rating in a research report on Monday, October 13th. Weiss Ratings downgraded shares of Advanced Micro Devices from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Wednesday, October 8th. Truist Financial reaffirmed a "buy" rating and set a $273.00 price target (up from $213.00) on shares of Advanced Micro Devices in a research note on Tuesday, October 7th. Finally, Citigroup lifted their price target on shares of Advanced Micro Devices from $180.00 to $215.00 and gave the stock a "neutral" rating in a report on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $233.94.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $234.99 on Friday. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $242.88. 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 moving average price of $180.58 and a 200 day moving average price of $145.45. The company has a market cap of $381.35 billion, a price-to-earnings ratio of 135.05, a PEG ratio of 2.10 and a beta of 1.90.

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

Insider Transactions 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 dated 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 sale, the chief executive officer owned 3,359,748 shares of the company's stock, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the company'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 sale, the executive vice president owned 125,505 shares of the company's stock, valued at $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 274,118 shares of company stock valued at $46,180,719 in the last ninety days. Company insiders own 0.06% of the company's stock.

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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