Integrated Wealth Concepts LLC Acquires 11,799 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Integrated Wealth Concepts LLC increased its holdings in Advanced Micro Devices, Inc. by 17.1%, acquiring an additional 11,799 shares, bringing its total to 80,676 shares valued at approximately $8.29 million.
• In recent insider trading, CEO Lisa T. Su sold 225,000 shares of the company's stock, reducing her ownership by 6.28%, while EVP Mark D. Papermaster sold 17,998 shares with a total transaction value of nearly $2.79 million.
• Advanced Micro Devices' recent quarterly earnings reported $0.48 EPS, missing analyst forecasts, while the company has a projected earnings of $3.87 EPS for the current fiscal year.

Integrated Wealth Concepts LLC increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 17.1% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 80,676 shares of the semiconductor manufacturer's stock after purchasing an additional 11,799 shares during the period. Integrated Wealth Concepts LLC's holdings in Advanced Micro Devices were worth $8,289,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Seaview Investment Managers LLC grew its holdings in Advanced Micro Devices by 4.3% during the first quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer's stock worth $232,000 after purchasing an additional 93 shares during the period. Activest Wealth Management boosted its holdings in shares of Advanced Micro Devices by 9.4% during the first quarter. Activest Wealth Management now owns 1,136 shares of the semiconductor manufacturer's stock worth $117,000 after acquiring an additional 98 shares during the period. Peterson Wealth Services boosted its holdings in shares of Advanced Micro Devices by 2.9% during the first quarter. Peterson Wealth Services now owns 3,650 shares of the semiconductor manufacturer's stock worth $375,000 after acquiring an additional 103 shares during the period. Lifeworks Advisors LLC boosted its holdings in shares of Advanced Micro Devices by 5.6% during the first quarter. Lifeworks Advisors LLC now owns 1,974 shares of the semiconductor manufacturer's stock worth $203,000 after acquiring an additional 104 shares during the period. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in shares of Advanced Micro Devices by 29.0% during the first quarter. Vermillion & White Wealth Management Group LLC now owns 467 shares of the semiconductor manufacturer's stock worth $48,000 after acquiring an additional 105 shares during the period. Institutional investors own 71.34% of the company's stock.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the business's stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the transaction, the executive vice president directly owned 1,713,710 shares in the company, valued at $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Lisa T. Su sold 225,000 shares of the business's 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 transaction, the chief executive officer owned 3,359,748 shares of the company's stock, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 252,998 shares of company stock worth $41,415,580 over the last three months. Corporate insiders own 0.06% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. TD Cowen boosted their price objective on Advanced Micro Devices from $165.00 to $195.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Seaport Res Ptn cut Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a report on Thursday. HSBC upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $200.00 price objective for the company in a report on Thursday, July 10th. Truist Financial upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $173.00 to $213.00 in a report on Tuesday, August 26th. Finally, UBS Group boosted their price objective on Advanced Micro Devices from $150.00 to $210.00 and gave the stock a "buy" rating in a report on Monday, July 28th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $181.33.

Advanced Micro Devices Trading Down 6.6%

Shares of AMD stock opened at $151.14 on Friday. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65. The stock has a market cap of $245.28 billion, a P/E ratio of 86.86, a price-to-earnings-growth ratio of 1.90 and a beta of 1.92. 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 stock has a 50 day simple moving average of $161.36 and a 200 day simple moving average of $125.54.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same quarter in the prior year, the firm earned $0.69 earnings per share. The firm's revenue for the quarter 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 predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Advanced Micro Devices declared that its Board of Directors has approved a stock repurchase plan on Wednesday, May 14th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the semiconductor manufacturer to repurchase up to 3.1% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

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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