Teamwork Financial Advisors LLC Has $6.73 Million Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Teamwork Financial Advisors LLC decreased its stake in Advanced Micro Devices by 13.1%, selling 7,153 shares and holding 47,390 shares valued at approximately $6.7 million.
• Major institutional investors, including Vanguard and UBS, boosted their holdings in AMD, with Vanguard owning over 152 million shares worth approximately $15.7 billion.
• In analyst ratings, AMD received multiple positive upgrades with a current consensus target price of $180.88, amidst a recent earnings miss of $0.06 per share.

Teamwork Financial Advisors LLC lessened its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 13.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,390 shares of the semiconductor manufacturer's stock after selling 7,153 shares during the period. Advanced Micro Devices makes up 0.8% of Teamwork Financial Advisors LLC's portfolio, making the stock its 26th biggest position. Teamwork Financial Advisors LLC's holdings in Advanced Micro Devices were worth $6,725,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Seaview Investment Managers LLC lifted its holdings in shares of Advanced Micro Devices by 4.3% during the 1st quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer's stock valued at $232,000 after purchasing an additional 93 shares in the last quarter. Activest Wealth Management lifted its stake in Advanced Micro Devices by 9.4% in the 1st quarter. Activest Wealth Management now owns 1,136 shares of the semiconductor manufacturer's stock valued at $117,000 after acquiring an additional 98 shares in the last quarter. Bangor Savings Bank lifted its stake in Advanced Micro Devices by 8.4% in the 2nd quarter. Bangor Savings Bank now owns 1,314 shares of the semiconductor manufacturer's stock valued at $186,000 after acquiring an additional 102 shares in the last quarter. Peterson Wealth Services lifted its stake in Advanced Micro Devices by 2.9% in the 1st 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 in the last quarter. Finally, Lifeworks Advisors LLC lifted its stake in Advanced Micro Devices by 5.6% in the 1st 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 in the last quarter. Institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Stock Up 1.9%

Shares of NASDAQ:AMD traded up $2.90 during trading on Friday, hitting $158.57. 42,160,927 shares of the company were exchanged, compared to its average volume of 42,477,336. The stock has a market cap of $257.33 billion, a price-to-earnings ratio of 91.13, a P/E/G ratio of 1.87 and a beta of 1.92. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $186.65. The firm has a fifty day moving average price of $163.13 and a two-hundred day moving average price of $127.47. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate 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 return on equity of 7.54% and a net margin of 9.57%.The firm's revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period last year, the firm earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on AMD. Mizuho boosted their target price on Advanced Micro Devices from $183.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, August 14th. Erste Group Bank cut Advanced Micro Devices from a "buy" rating to a "hold" rating in a research note on Thursday. Benchmark boosted their target price on Advanced Micro Devices from $170.00 to $210.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Cantor Fitzgerald restated an "overweight" rating and issued a $200.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Finally, Bank of America boosted their target price on Advanced Micro Devices from $175.00 to $200.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $180.88.

Insiders Place Their Bets

In related news, EVP Mark D. Papermaster sold 17,998 shares of the business's stock in a transaction that occurred 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 transaction, the executive vice president directly owned 1,713,710 shares of the company's stock, valued at approximately $265,676,461.30. The trade was a 1.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president directly owned 125,505 shares in the company, valued at $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. Insiders sold a total of 270,198 shares of company stock valued at $44,183,576 over the last 90 days. 0.06% of the stock is owned by insiders.

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.