Hudson Valley Investment Advisors Inc. ADV Decreases Stock Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Hudson Valley Investment Advisors Inc. decreased its stock position in Advanced Micro Devices, Inc. by 32.2%, owning 22,137 shares after selling 10,496 shares in the second quarter.
• A number of large investors, including Pflug Koory LLC and QRG Capital Management Inc., increased their positions in AMD, indicating positive sentiment among institutional investors.
• Advanced Micro Devices reported quarterly earnings of $0.48 per share, missing the consensus estimate, but its revenue of $7.69 billion exceeded expectations with a 31.7% year-over-year increase.

Hudson Valley Investment Advisors Inc. ADV reduced its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 32.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,137 shares of the semiconductor manufacturer's stock after selling 10,496 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV's holdings in Advanced Micro Devices were worth $3,141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the company. Pflug Koory LLC increased its position in Advanced Micro Devices by 2.6% in the second quarter. Pflug Koory LLC now owns 5,228 shares of the semiconductor manufacturer's stock worth $742,000 after buying an additional 133 shares during the last quarter. 111 Capital purchased a new stake in Advanced Micro Devices in the second quarter worth $1,466,000. Tilia Fiduciary Partners Inc. increased its position in Advanced Micro Devices by 3.4% in the second quarter. Tilia Fiduciary Partners Inc. now owns 21,166 shares of the semiconductor manufacturer's stock worth $3,003,000 after buying an additional 699 shares during the last quarter. QRG Capital Management Inc. increased its position in Advanced Micro Devices by 13.0% in the second quarter. QRG Capital Management Inc. now owns 208,885 shares of the semiconductor manufacturer's stock worth $29,641,000 after buying an additional 24,021 shares during the last quarter. Finally, WT Asset Management Ltd purchased a new stake in Advanced Micro Devices in the second quarter worth $29,902,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Cantor Fitzgerald reiterated an "overweight" rating and issued a $200.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Melius upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price target for the company in a research report on Monday, June 23rd. Rosenblatt Securities reiterated a "buy" rating and issued a $200.00 price target on shares of Advanced Micro Devices in a research report on Friday, June 13th. Melius Research upgraded Advanced Micro Devices from a "hold" rating to a "strong-buy" rating and lifted their price target for the company from $110.00 to $175.00 in a research report on Monday, June 23rd. Finally, Benchmark lifted their price target on Advanced Micro Devices from $170.00 to $210.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $180.88.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $164.67 on Friday. The firm has a market capitalization of $267.23 billion, a price-to-earnings ratio of 94.64, a P/E/G ratio of 2.00 and a beta of 1.90. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $186.65. The stock has a fifty day moving average of $165.94 and a 200 day moving average of $133.43. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $7.41 billion. During the same period in the prior year, the business posted $0.69 EPS. Advanced Micro Devices's quarterly revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,998 shares of the firm's stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the transaction, the executive vice president directly owned 1,713,710 shares of the company's stock, valued at approximately $265,676,461.30. This trade represents a 1.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the firm's stock in a transaction dated 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 directly owned 125,505 shares in the company, valued at approximately $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. In the last quarter, insiders sold 272,448 shares of company stock valued at $44,554,848. 0.06% of the stock is currently owned by corporate insiders.

Advanced Micro Devices 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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