Lodestone Wealth Management LLC lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 11.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,349 shares of the semiconductor manufacturer’s stock after selling 289 shares during the period. Lodestone Wealth Management LLC’s holdings in Advanced Micro Devices were worth $333,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. Pinney & Scofield Inc. grew its holdings in shares of Advanced Micro Devices by 81.0% during the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 85 shares in the last quarter. Dogwood Wealth Management LLC lifted its position in Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 208 shares during the period. Avion Wealth boosted its stake in Advanced Micro Devices by 49.3% during the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 72 shares in the last quarter. West Branch Capital LLC boosted its stake in Advanced Micro Devices by 3,057.1% during the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 214 shares in the last quarter. Finally, High Note Wealth LLC increased its holdings in Advanced Micro Devices by 285.5% in the 2nd quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer’s stock valued at $38,000 after buying an additional 197 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.
Analyst Ratings Changes
Several brokerages have recently weighed in on AMD. Loop Capital set a $290.00 target price on shares of Advanced Micro Devices and gave the company a “buy” rating in a research report on Wednesday, November 5th. Roth Capital restated a “buy” rating and set a $300.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Piper Sandler reaffirmed an “overweight” rating and set a $280.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, November 12th. UBS Group increased their target price on Advanced Micro Devices from $265.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, The Goldman Sachs Group raised their target price on 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 research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and an average target price of $273.49.
Advanced Micro Devices Stock Down 2.9%
Shares of AMD opened at $223.55 on Thursday. The company has a market capitalization of $363.95 billion, a P/E ratio of 128.48, a PEG ratio of 2.42 and a beta of 1.92. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The business’s 50 day simple moving average is $212.60 and its 200-day simple moving average is $166.99. 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 (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.03. The firm had revenue of $9.25 billion during the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.
Insider Activity at Advanced Micro Devices
In other news, EVP Mark D. Papermaster sold 16,800 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 1,714,505 shares in the company, valued at approximately $384,529,181.40. This represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Ava Hahn sold 2,868 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the transaction, the senior vice president owned 9,033 shares of the company’s stock, valued at $2,041,548.33. This trade represents a 24.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 39,118 shares of company stock valued at $7,555,369 over the last ninety days. 0.06% of the stock is owned by insiders.
Advanced Micro Devices 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.
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