Advanced Micro Devices, Inc. $AMD Shares Sold by CVA Family Office LLC

CVA Family Office LLC lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.4% in the second quarter, Holdings Channel reports. The fund owned 3,170 shares of the semiconductor manufacturer’s stock after selling 491 shares during the quarter. CVA Family Office LLC’s holdings in Advanced Micro Devices were worth $450,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC acquired a new stake in Advanced Micro Devices during the 2nd quarter valued at $958,422,000. Goldman Sachs Group Inc. grew its stake in shares of Advanced Micro Devices by 169.7% during the first quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock valued at $1,012,538,000 after acquiring an additional 6,200,850 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in shares of Advanced Micro Devices by 131.5% during the first quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock worth $1,069,846,000 after acquiring an additional 5,915,185 shares during the last quarter. Nuveen LLC acquired a new position in shares of Advanced Micro Devices in the first quarter worth about $436,746,000. Finally, Parnassus Investments LLC boosted its holdings in Advanced Micro Devices by 47,883.5% in the first quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock valued at $425,592,000 after purchasing an additional 4,133,785 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $252.92 on Friday. The company has a market cap of $410.45 billion, a PE ratio of 145.36, a P/E/G ratio of 2.31 and a beta of 1.90. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $253.39. The firm has a 50-day simple moving average of $182.09 and a 200 day simple moving average of $147.13. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The company had revenue of $7.69 billion during 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 business’s revenue was up 31.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Wall Street Analysts Forecast Growth

AMD has been the topic of several analyst reports. Seaport Res Ptn downgraded Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 4th. DZ Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target for the company in a research note on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft set a $235.00 price objective on shares of Advanced Micro Devices and gave the company a “hold” rating in a research note on Tuesday, October 14th. Jefferies Financial Group set a $300.00 target price on shares of Advanced Micro Devices and gave the stock a “positive” rating in a research report on Monday, October 6th. Finally, The Goldman Sachs Group increased their price target on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $233.94.

Insider Buying and Selling at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the transaction, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of the company’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the transaction, the senior vice president owned 9,033 shares of the company’s stock, valued at $2,041,548.33. This represents a 24.10% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 274,118 shares of company stock worth $46,180,719. 0.06% of the stock is owned by company insiders.

About Advanced Micro Devices

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.