Farmers & Merchants Investments Inc. Lowers Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Farmers & Merchants Investments Inc. reduced its stake in Advanced Micro Devices by 1.1% during the second quarter, holding 202,553 shares valued at approximately $28.74 million.
• Several institutional investors made significant adjustments to their positions in AMD, with Goldman Sachs Group Inc. increasing its holdings by 169.7%, now owning over $1 billion worth of shares.
• Analysts have a consensus rating of "Moderate Buy" for AMD, with target prices ranging from $165 to $200, reflecting a positive outlook despite a recent earnings miss.

Farmers & Merchants Investments Inc. lowered its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 1.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 202,553 shares of the semiconductor manufacturer's stock after selling 2,240 shares during the quarter. Advanced Micro Devices makes up 0.8% of Farmers & Merchants Investments Inc.'s investment portfolio, making the stock its 24th largest position. Farmers & Merchants Investments Inc.'s holdings in Advanced Micro Devices were worth $28,742,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Rooted Wealth Advisors Inc. increased its stake in Advanced Micro Devices by 13.1% in the 2nd quarter. Rooted Wealth Advisors Inc. now owns 3,216 shares of the semiconductor manufacturer's stock worth $471,000 after purchasing an additional 372 shares during the period. Toth Financial Advisory Corp boosted its holdings in Advanced Micro Devices by 377.3% in the second quarter. Toth Financial Advisory Corp now owns 7,480 shares of the semiconductor manufacturer's stock worth $1,061,000 after acquiring an additional 5,913 shares in the last quarter. Abacus Wealth Partners LLC boosted its holdings in Advanced Micro Devices by 11.1% in the second quarter. Abacus Wealth Partners LLC now owns 5,479 shares of the semiconductor manufacturer's stock worth $777,000 after acquiring an additional 547 shares in the last quarter. Southland Equity Partners LLC bought a new stake in Advanced Micro Devices in the second quarter worth $221,000. Finally, Park Avenue Securities LLC bought a new stake in Advanced Micro Devices in the second quarter worth $7,195,000. Hedge funds and other institutional investors own 71.34% of the company's stock.

Insiders Place Their Bets

In related news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction that occurred on 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 directly owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Mark D. Papermaster sold 17,998 shares of the firm's stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the transaction, the executive vice president owned 1,713,710 shares of the company's stock, 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 have sold 270,198 shares of company stock valued at $44,183,576. 0.06% of the stock is currently owned by insiders.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD traded up $2.40 during trading on Monday, reaching $159.79. 46,402,872 shares of the company traded hands, compared to its average volume of 42,680,920. The stock has a market cap of $259.31 billion, a P/E ratio of 91.83, a PEG ratio of 1.85 and a beta of 1.92. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65. 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's fifty day simple moving average is $165.29 and its 200 day simple moving average is $129.96.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released 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 business had revenue of $7.69 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the company posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AMD has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft set a $200.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. The Goldman Sachs Group raised Advanced Micro Devices to a "hold" rating and set a $140.00 price target on the stock in a report on Thursday, July 10th. Hsbc Global Res upgraded Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Truist Financial upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and upped their price objective for the company from $173.00 to $213.00 in a research report on Tuesday, August 26th. Finally, UBS Group upped their price objective on Advanced Micro Devices from $150.00 to $210.00 and gave the company a "buy" rating in a research report on Monday, July 28th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and an average price target of $180.88.

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.