Janney Montgomery Scott LLC Sells 9,449 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Janney Montgomery Scott LLC reduced its stake in Advanced Micro Devices, Inc. by 4.7%, selling 9,449 shares and retaining 189,539 shares valued at approximately $26.9 million.
• CEO Lisa T. Su sold 225,000 shares of AMD for about $36.9 million, reducing her ownership by 6.28% to 3.36 million shares.
• Research analysts have varied opinions on AMD, with a consensus rating of "Moderate Buy" and an average price target of $180.88.

Janney Montgomery Scott LLC decreased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 4.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 189,539 shares of the semiconductor manufacturer's stock after selling 9,449 shares during the period. Janney Montgomery Scott LLC's holdings in Advanced Micro Devices were worth $26,896,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farmers & Merchants Trust Co of Chambersburg PA boosted its holdings in Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock valued at $28,000 after purchasing an additional 200 shares during the period. American Capital Advisory LLC boosted its holdings in Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock valued at $28,000 after purchasing an additional 130 shares during the period. Kozak & Associates Inc. boosted its holdings in Advanced Micro Devices by 67.6% in the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock valued at $29,000 after purchasing an additional 123 shares during the period. West Branch Capital LLC boosted its holdings in Advanced Micro Devices by 3,057.1% in the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock valued at $31,000 after purchasing an additional 214 shares during the period. Finally, Bear Mountain Capital Inc. boosted its holdings in Advanced Micro Devices by 75.0% in the 1st quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer's stock valued at $34,000 after purchasing an additional 150 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, CEO Lisa T. Su sold 225,000 shares of the company'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 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Mark D. Papermaster sold 17,998 shares of the 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 sale, the executive vice president 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 272,448 shares of company stock valued at $44,554,848. Insiders own 0.06% of the company's stock.

Advanced Micro Devices Price Performance

AMD stock opened at $164.01 on Thursday. The company has a 50 day simple moving average of $165.82 and a 200 day simple moving average of $132.56. The stock has a market cap of $266.16 billion, a price-to-earnings ratio of 94.26, a P/E/G ratio of 1.91 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results 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 during the quarter, compared to analyst estimates of $7.41 billion. During the same quarter last year, the company posted $0.69 earnings per share. The company's revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analyst Ratings Changes

AMD has been the subject of a number of recent research reports. The Goldman Sachs Group raised shares of Advanced Micro Devices to a "hold" rating and set a $140.00 price objective for the company in a report on Thursday, July 10th. DZ Bank upgraded shares of Advanced Micro Devices from a "sell" rating to a "hold" rating and set a $165.00 target price for the company in a research report on Thursday, August 7th. Melius upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 target price for the company in a research report on Monday, June 23rd. Melius Research upgraded shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating and boosted their target price for the company from $110.00 to $175.00 in a research report on Monday, June 23rd. Finally, Erste Group Bank cut shares of Advanced Micro Devices from a "buy" rating to a "hold" rating in a research report on Thursday, September 11th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $180.88.

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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