Advanced Micro Devices, Inc. $AMD Shares Sold by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC reduced its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 34.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 265 shares of the semiconductor manufacturer’s stock after selling 141 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Advanced Micro Devices were worth $38,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC acquired a new position in Advanced Micro Devices in the second quarter valued at $958,422,000. Goldman Sachs Group Inc. lifted 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 worth $1,012,538,000 after purchasing an additional 6,200,850 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in Advanced Micro Devices by 131.5% in the 1st 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. Nuveen LLC purchased a new stake in Advanced Micro Devices during the 1st quarter worth $436,746,000. Finally, Parnassus Investments LLC increased its position in shares of Advanced Micro Devices by 47,883.5% during the first quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock worth $425,592,000 after acquiring an additional 4,133,785 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Forrest Eugene Norrod sold 2,250 shares of the firm’s stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total value of $371,272.50. Following the completion of the transaction, the executive vice president owned 311,598 shares of the company’s stock, valued at approximately $51,416,785.98. This trade represents a 0.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the sale, the executive vice president owned 125,505 shares of the company’s stock, valued at $21,738,721.05. The trade was a 7.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 275,316 shares of company stock worth $45,203,045 in the last quarter. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Down 7.8%

Shares of NASDAQ:AMD opened at $214.76 on Monday. 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 stock has a market capitalization of $348.52 billion, a price-to-earnings ratio of 123.42, a PEG ratio of 2.52 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $240.10. The company has a 50 day moving average price of $170.33 and a 200 day moving average price of $137.63.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data 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 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%. Advanced Micro Devices’s revenue was up 31.7% on a year-over-year basis. During the same quarter last year, the company posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

AMD has been the topic of a number of research analyst reports. HSBC reduced their price objective on shares of Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating on the stock in a research note on Tuesday, September 9th. Seaport Res Ptn lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 4th. Piper Sandler reissued an “overweight” rating and set a $240.00 price target on shares of Advanced Micro Devices in a report on Tuesday, October 7th. Wells Fargo & Company upped their price objective on shares of Advanced Micro Devices from $185.00 to $275.00 and gave the stock an “overweight” rating in a report on Tuesday, October 7th. Finally, Barclays raised their target price on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $218.25.

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.