Advanced Micro Devices (NASDAQ:AMD) Stock Price Down 1.8% – Should You Sell?

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) were down 1.8% on Friday . The company traded as low as $224.64 and last traded at $233.54. Approximately 51,736,954 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 49,846,586 shares. The stock had previously closed at $237.70.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AMD. JPMorgan Chase & Co. boosted their target price on shares of Advanced Micro Devices from $180.00 to $270.00 and gave the company a “neutral” rating in a research report on Wednesday. Citigroup lifted their price objective on shares of Advanced Micro Devices from $215.00 to $260.00 and gave the stock a “neutral” rating in a report on Wednesday. Rosenblatt Securities upped their target price on Advanced Micro Devices from $250.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday. Hsbc Global Res upgraded shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. Finally, Sanford C. Bernstein boosted their target price on Advanced Micro Devices from $95.00 to $140.00 and gave the company a “market perform” rating in a research note on Monday, July 21st. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and a consensus price target of $263.26.

Advanced Micro Devices Price Performance

The business has a fifty day moving average of $197.92 and a 200-day moving average of $157.32. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The firm has a market cap of $379.00 billion, a PE ratio of 134.22, a PEG ratio of 2.42 and a beta of 1.93.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. During the same period in the prior year, the business posted $0.92 earnings per share. The company’s revenue was up 35.6% on a year-over-year basis. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 16,800 shares of the business’s stock in a transaction 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 transaction, the executive vice president directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the company’s stock in a transaction on Wednesday, September 10th. The stock was 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 in the company, valued at approximately $50,507,558.64. The trade was a 5.20% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 274,118 shares of company stock worth $46,180,719. 0.06% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Advanced Micro Devices

Hedge funds have recently added to or reduced their stakes in the company. King Luther Capital Management Corp increased its position in shares of Advanced Micro Devices by 39.9% during the 3rd quarter. King Luther Capital Management Corp now owns 59,316 shares of the semiconductor manufacturer’s stock valued at $9,597,000 after purchasing an additional 16,915 shares during the last quarter. Avestar Capital LLC boosted its stake in Advanced Micro Devices by 2.7% in the third quarter. Avestar Capital LLC now owns 18,071 shares of the semiconductor manufacturer’s stock worth $2,924,000 after buying an additional 482 shares in the last quarter. CFO4Life Group LLC grew its position in Advanced Micro Devices by 16.1% during the third quarter. CFO4Life Group LLC now owns 2,662 shares of the semiconductor manufacturer’s stock valued at $431,000 after acquiring an additional 370 shares during the last quarter. Synovus Financial Corp raised its stake in shares of Advanced Micro Devices by 4.7% during the third quarter. Synovus Financial Corp now owns 42,634 shares of the semiconductor manufacturer’s stock worth $6,898,000 after acquiring an additional 1,910 shares in the last quarter. Finally, CenterBook Partners LP lifted its holdings in shares of Advanced Micro Devices by 632.7% in the 3rd quarter. CenterBook Partners LP now owns 201,949 shares of the semiconductor manufacturer’s stock worth $32,673,000 after acquiring an additional 174,388 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

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.