Advanced Micro Devices, Inc. $AMD Shares Sold by Hager Investment Management Services LLC

Hager Investment Management Services LLC trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 63.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 388 shares of the semiconductor manufacturer’s stock after selling 665 shares during the period. Hager Investment Management Services LLC’s holdings in Advanced Micro Devices were worth $55,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Advanced Micro Devices by 1.4% during the first quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer’s stock valued at $15,654,222,000 after purchasing an additional 2,157,199 shares during the period. Amundi grew its holdings in Advanced Micro Devices by 8.0% during the first quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock worth $1,677,014,000 after acquiring an additional 1,319,064 shares during the period. Invesco Ltd. grew its holdings in Advanced Micro Devices by 4.0% during the first quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer’s stock worth $1,214,285,000 after acquiring an additional 450,695 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Advanced Micro Devices by 4.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer’s stock worth $1,083,815,000 after acquiring an additional 466,048 shares during the period. Finally, T. Rowe Price Investment Management Inc. grew its holdings in 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 period. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Up 11.4%

Shares of Advanced Micro Devices stock opened at $235.56 on Thursday. The firm has a market cap of $382.28 billion, a price-to-earnings ratio of 135.38, a P/E/G ratio of 2.50 and a beta of 1.90. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $235.87. The stock has a 50-day simple moving average of $168.34 and a 200-day simple moving average of $135.71.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same quarter in the prior 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. On average, equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on AMD. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $200.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Mizuho lifted their target price on Advanced Micro Devices from $183.00 to $205.00 and gave the stock an “outperform” rating in a report on Thursday, August 14th. Citigroup lifted their target price on Advanced Micro Devices from $180.00 to $215.00 and gave the stock a “neutral” rating in a report on Tuesday. HSBC lowered their target price on Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating on the stock in a report on Tuesday, September 9th. Finally, JPMorgan Chase & Co. increased their price target on Advanced Micro Devices from $120.00 to $180.00 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $217.70.

Insider Activity at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 10,000 shares of the company’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 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 $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the transaction, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 275,316 shares of company stock valued at $45,203,045. 0.06% of the stock is owned by corporate 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.