Stratos Wealth Advisors LLC Reduces Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Stratos Wealth Advisors LLC reduced its holdings in Advanced Micro Devices, Inc. (AMD) by 52.1% during the second quarter, now owning 6,306 shares valued at approximately $895,000.
• Several institutional investors have significantly increased their stakes in AMD, with Farmers & Merchants Trust Co boosting its holdings by 277.8% and Dogwood Wealth Management raising its position by 2,311.1% in the second quarter.
• Analyst ratings are predominantly positive, with three firms upgrading AMD's price targets significantly, predicting a potential upside as analysts anticipate an average price target of $233.94.

Stratos Wealth Advisors LLC reduced its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 52.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,306 shares of the semiconductor manufacturer's stock after selling 6,867 shares during the period. Stratos Wealth Advisors LLC's holdings in Advanced Micro Devices were worth $895,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMD. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in shares of Advanced Micro Devices by 277.8% in the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock worth $28,000 after acquiring an additional 200 shares in the last quarter. American Capital Advisory LLC increased its holdings in Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 130 shares during the last quarter. Dogwood Wealth Management LLC raised its position in shares of Advanced Micro Devices by 2,311.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer's stock valued at $30,000 after purchasing an additional 208 shares in the last quarter. West Branch Capital LLC boosted its stake in shares of Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock valued at $31,000 after buying an additional 214 shares during the last quarter. Finally, Bear Mountain Capital Inc. grew its position in shares of Advanced Micro Devices by 75.0% during the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer's stock worth $34,000 after buying an additional 150 shares in the last quarter. Hedge funds and other 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 Forrest Eugene Norrod sold 17,200 shares of the business's stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the completion of the transaction, the executive vice president directly owned 313,848 shares of the company's stock, valued at $50,507,558.64. The trade was a 5.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 16,800 shares of the firm's stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the completion of the sale, the executive vice president owned 1,714,505 shares in the company, valued at $384,529,181.40. The trade was a 0.97% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 274,118 shares of company stock valued at $46,180,719. Corporate insiders own 0.06% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AMD. Rosenblatt Securities upped their price target on shares of Advanced Micro Devices from $200.00 to $250.00 and gave the company a "buy" rating in a report on Tuesday, October 7th. HSBC boosted their target price on shares of Advanced Micro Devices from $185.00 to $310.00 and gave the stock a "buy" rating in a research report on Wednesday. Mizuho increased their price target on shares of Advanced Micro Devices from $205.00 to $275.00 and gave the stock an "outperform" rating in a research report on Monday, October 13th. Benchmark boosted their price objective on Advanced Micro Devices from $210.00 to $270.00 and gave the company a "buy" rating in a report on Monday, October 6th. Finally, Cantor Fitzgerald restated an "overweight" rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Advanced Micro Devices has an average rating of "Moderate Buy" and an average price target of $233.94.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $233.08 on Friday. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The business has a 50 day moving average of $175.96 and a two-hundred day moving average of $141.73. The company has a market cap of $378.25 billion, a P/E ratio of 133.95, a PEG ratio of 2.32 and a beta of 1.90. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $241.20.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by ($0.06). The company had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company's revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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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