Focus Partners Advisor Solutions LLC Cuts Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Focus Partners Advisor Solutions LLC has decreased its stake in Advanced Micro Devices, Inc. (AMD) by 16.5%, holding 23,580 shares valued at approximately $3.35 million as of the latest SEC filing.
• Major investment firms have set significantly increased price targets for AMD, with Goldman Sachs targeting $210, while UBS raised their target to $265, indicating high interest in the stock's potential for growth.
• Insider selling included substantial transactions by EVP Mark D. Papermaster and CEO Lisa T. Su, who sold 16,800 and 225,000 shares respectively, reflecting a trend of reduced insider ownership.

Focus Partners Advisor Solutions LLC trimmed its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 16.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 23,580 shares of the semiconductor manufacturer's stock after selling 4,661 shares during the period. Focus Partners Advisor Solutions LLC's holdings in Advanced Micro Devices were worth $3,346,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Wise Wealth Partners acquired a new stake in Advanced Micro Devices in the 2nd quarter valued at about $343,000. Parisi Gray Wealth Management acquired a new stake in Advanced Micro Devices in the 2nd quarter valued at about $343,000. Davis Investment Partners LLC acquired a new stake in Advanced Micro Devices in the 2nd quarter valued at about $736,000. REAP Financial Group LLC grew its stake in Advanced Micro Devices by 16.9% in the 2nd quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer's stock valued at $170,000 after acquiring an additional 173 shares during the last quarter. Finally, Sivia Capital Partners LLC grew its stake in Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock valued at $758,000 after acquiring an additional 2,970 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on AMD. The Goldman Sachs Group raised their price target on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 8th. UBS Group raised their price target on shares of Advanced Micro Devices from $210.00 to $265.00 and gave the stock a "buy" rating in a research note on Tuesday, October 7th. Jefferies Financial Group set a $300.00 price target on shares of Advanced Micro Devices and gave the stock a "positive" rating in a research note on Monday, October 6th. 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 raised their target price on shares of Advanced Micro Devices from $180.00 to $215.00 and gave the stock a "neutral" rating in a research 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 stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $233.94.

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 16,800 shares of the firm's stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total value of $3,767,904.00. Following the transaction, the executive vice president owned 1,714,505 shares in the company, valued at approximately $384,529,181.40. This trade represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction that occurred on 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 sale, the chief executive officer owned 3,359,748 shares in the company, valued at $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 a total of 274,118 shares of company stock valued at $46,180,719 in the last three months. 0.06% of the stock is owned by company insiders.

Advanced Micro Devices Price Performance

AMD opened at $252.92 on Friday. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $253.39. The company's 50 day simple moving average is $182.09 and its 200 day simple moving average is $147.13. 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 stock has a market capitalization of $410.45 billion, a PE ratio of 145.36, a P/E/G ratio of 2.31 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 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 analysts' expectations of $7.41 billion. During the same quarter in the previous year, the business posted $0.69 EPS. The company's quarterly revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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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