Kestra Advisory Services LLC Sells 14,684 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Kestra Advisory Services LLC reduced its holdings in Advanced Micro Devices by 9.9% after selling 14,684 shares, bringing its total ownership to 133,243 shares valued at approximately $13.69 million.
• Several analysts have recently upgraded their ratings and set new price targets for AMD, with UBS Group raising its target to $210 and Melius setting a target of $175.
• Advanced Micro Devices reported a 31.7% increase in quarterly revenue compared to the previous year, with earnings of $0.48 per share, missing the estimate by 6 cents.

Kestra Advisory Services LLC lessened its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 9.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 133,243 shares of the semiconductor manufacturer's stock after selling 14,684 shares during the quarter. Kestra Advisory Services LLC's holdings in Advanced Micro Devices were worth $13,689,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Seaview Investment Managers LLC boosted its position in shares of Advanced Micro Devices by 4.3% in the first quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer's stock valued at $232,000 after acquiring an additional 93 shares during the period. Peterson Wealth Services boosted its position in shares of Advanced Micro Devices by 2.9% in the first quarter. Peterson Wealth Services now owns 3,650 shares of the semiconductor manufacturer's stock valued at $375,000 after acquiring an additional 103 shares during the period. Lifeworks Advisors LLC boosted its position in shares of Advanced Micro Devices by 5.6% in the first quarter. Lifeworks Advisors LLC now owns 1,974 shares of the semiconductor manufacturer's stock valued at $203,000 after acquiring an additional 104 shares during the period. Alaethes Wealth LLC boosted its position in shares of Advanced Micro Devices by 0.7% in the fourth quarter. Alaethes Wealth LLC now owns 15,656 shares of the semiconductor manufacturer's stock valued at $1,891,000 after acquiring an additional 115 shares during the period. Finally, Sunflower Bank N.A. boosted its position in shares of Advanced Micro Devices by 4.3% in the first quarter. Sunflower Bank N.A. now owns 2,808 shares of the semiconductor manufacturer's stock valued at $288,000 after acquiring an additional 116 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on AMD shares. Wall Street Zen upgraded shares of Advanced Micro Devices from a "sell" rating to a "hold" rating in a research report on Monday, May 12th. 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. Deutsche Bank Aktiengesellschaft set a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. 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. Finally, UBS Group lifted their target price on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the company a "buy" rating in a research report on Monday, July 28th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $180.12.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value 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 $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the transaction, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Trading Up 2.5%

AMD stock opened at $167.76 on Friday. The company has a market capitalization of $272.25 billion, a PE ratio of 96.41, a price-to-earnings-growth ratio of 1.98 and a beta of 1.94. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $186.65. The company's 50 day moving average price is $155.48 and its two-hundred day moving average price is $122.07. 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 issued its 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 return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $7.69 billion during the quarter, compared to analysts' expectations of $7.41 billion. During the same period in the previous year, the firm earned $0.69 earnings per share. The firm's quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Advanced Micro Devices announced that its board has authorized a stock repurchase plan on Wednesday, May 14th that authorizes the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization authorizes the semiconductor manufacturer to buy up to 3.1% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

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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