Steward Partners Investment Advisory LLC Has $17.97 Million Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Steward Partners Investment Advisory LLC cut its stake in Advanced Micro Devices by 26.9%, leaving it with 126,669 shares valued at about $17.97 million at the end of the quarter.
• Wall Street sentiment is broadly positive with a consensus rating of "Moderate Buy" and an average target near $278.54, as several firms raised price targets into the $275–$300 range.
• Insiders have been net sellers recently—75,676 shares sold worth roughly $16.12 million over 90 days—while institutional investors own about 71.34% of AMD stock.

Steward Partners Investment Advisory LLC lessened its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 26.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 126,669 shares of the semiconductor manufacturer's stock after selling 46,711 shares during the period. Steward Partners Investment Advisory LLC's holdings in Advanced Micro Devices were worth $17,974,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AMD. Pinney & Scofield Inc. grew its holdings in Advanced Micro Devices by 81.0% in the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer's stock valued at $27,000 after buying an additional 85 shares in the last quarter. Dogwood Wealth Management LLC lifted its holdings in shares of Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer's stock worth $30,000 after buying an additional 208 shares in the last quarter. Avion Wealth boosted its position in shares of Advanced Micro Devices by 49.3% in the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer's stock valued at $30,000 after acquiring an additional 72 shares during the period. West Branch Capital LLC grew its stake in shares of Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock valued at $31,000 after acquiring an additional 214 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC grew its stake in shares of Advanced Micro Devices by 185.3% in the first quarter. Financial Network Wealth Advisors LLC now owns 331 shares of the semiconductor manufacturer's stock valued at $34,000 after acquiring an additional 215 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on AMD shares. Mizuho lifted their price objective on shares of Advanced Micro Devices from $275.00 to $285.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 12th. Morgan Stanley reiterated an "equal weight" rating and issued a $260.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Stifel Nicolaus increased their price target on Advanced Micro Devices from $240.00 to $280.00 and gave the stock a "buy" rating in a research report on Wednesday, November 5th. Loop Capital set a $290.00 price objective on Advanced Micro Devices and gave the stock a "buy" rating in a research note on Wednesday, November 5th. Finally, Robert W. Baird set a $300.00 target price on Advanced Micro Devices in a research report on Wednesday, November 5th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and a consensus target price of $278.54.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $229.37, for a total value of $4,461,246.50. Following the completion of the transaction, the executive vice president owned 300,348 shares of the company's stock, valued at approximately $68,890,820.76. This represents a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark D. Papermaster sold 17,108 shares of the firm's stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the completion of the sale, the executive vice president owned 1,714,505 shares in the company, valued at approximately $411,686,940.60. The trade was a 0.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 75,676 shares of company stock worth $16,124,589 over the last 90 days. Insiders own 0.06% of the company's stock.

Advanced Micro Devices Trading Up 5.5%

Shares of AMD stock opened at $215.05 on Tuesday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08. The stock's fifty day moving average price is $215.59 and its two-hundred day moving average price is $169.74. 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 company has a market cap of $350.11 billion, a PE ratio of 123.59, a P/E/G ratio of 2.42 and a beta of 1.93.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company had revenue of $9.25 billion during the quarter, compared to analysts' expectations of $8.76 billion. During the same quarter in the previous year, the firm earned $0.92 EPS. Advanced Micro Devices's revenue was up 35.6% on a year-over-year basis. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Equities analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

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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