IFP Advisors Inc Sells 4,425 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• IFP Advisors Inc has reduced its holdings in Advanced Micro Devices (AMD) by 5.7%, selling 4,425 shares during the second quarter, leaving them with a total of 72,930 shares valued at $10.43 million.
• Institutional investors hold 71.34% of AMD's stock, with notable increases in stakes from companies like Goldman Sachs and T. Rowe Price during Q1.
• AMD recently reported quarterly earnings with a missed EPS estimate of $0.48, despite generating revenues of $7.69 billion, exceeding analyst expectations.

IFP Advisors Inc reduced its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 5.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,930 shares of the semiconductor manufacturer's stock after selling 4,425 shares during the period. IFP Advisors Inc's holdings in Advanced Micro Devices were worth $10,434,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC bought a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $958,422,000. Goldman Sachs Group Inc. increased its position in shares of Advanced Micro Devices by 169.7% during 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 period. T. Rowe Price Investment Management Inc. increased its position in shares of Advanced Micro Devices by 131.5% during the first quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer's stock valued at $1,069,846,000 after purchasing an additional 5,915,185 shares during the period. Nuveen LLC bought a new stake in shares of Advanced Micro Devices during the first quarter valued at approximately $436,746,000. Finally, Parnassus Investments LLC increased its position in shares of Advanced Micro Devices by 47,883.5% during the first quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer's stock valued at $425,592,000 after purchasing an additional 4,133,785 shares during the period. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $232.89 on Friday. 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 market cap of $377.94 billion, a P/E ratio of 133.84, a P/E/G ratio of 2.77 and a beta of 1.90. The business's fifty day moving average is $169.47 and its two-hundred day moving average is $136.53. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $240.10.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS 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%.Advanced Micro Devices's revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,998 shares of the company's stock in a transaction on 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 owned 1,713,710 shares of the company's stock, valued at $265,676,461.30. This represents a 1.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Lisa T. Su sold 225,000 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at $550,897,879.56. This trade represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 275,316 shares of company stock valued at $45,203,045 over the last ninety days. Company insiders own 0.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Cantor Fitzgerald restated an "overweight" rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Truist Financial restated a "buy" rating and set a $273.00 price objective (up from $213.00) on shares of Advanced Micro Devices in a research report on Tuesday. Raymond James Financial boosted their price objective on Advanced Micro Devices from $120.00 to $200.00 and gave the company an "outperform" rating in a research report on Wednesday, August 6th. Seaport Res Ptn cut Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a research report on Thursday, September 4th. Finally, Bank of America upped their price target on Advanced Micro Devices from $175.00 to $200.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $217.70.

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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