Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Sells 941 Shares of Advanced Micro Devices, Inc. $AMD

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA reduced its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 15.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 5,226 shares of the semiconductor manufacturer’s stock after selling 941 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Advanced Micro Devices were worth $742,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of AMD. Brighton Jones LLC grew its stake in Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after purchasing an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after purchasing an additional 234 shares in the last quarter. GAMMA Investing LLC grew its stake in Advanced Micro Devices by 18.7% in the first quarter. GAMMA Investing LLC now owns 19,554 shares of the semiconductor manufacturer’s stock worth $2,009,000 after purchasing an additional 3,084 shares in the last quarter. Moran Wealth Management LLC grew its stake in Advanced Micro Devices by 2.3% in the first quarter. Moran Wealth Management LLC now owns 13,717 shares of the semiconductor manufacturer’s stock worth $1,409,000 after purchasing an additional 304 shares in the last quarter. Finally, Strategic Investment Advisors MI grew its stake in Advanced Micro Devices by 8.3% in the first quarter. Strategic Investment Advisors MI now owns 1,960 shares of the semiconductor manufacturer’s stock worth $201,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AMD. Melius Research set a $300.00 price objective on Advanced Micro Devices in a research note on Monday, October 6th. Bank of America upped their target price on Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Evercore ISI upped their target price on Advanced Micro Devices from $188.00 to $240.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft set a $235.00 target price on Advanced Micro Devices and gave the stock a “hold” rating in a report on Tuesday, October 14th. Finally, Raymond James Financial upped their target price on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $233.94.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $234.99 on Friday. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $242.88. The stock has a fifty day moving average price of $180.58 and a 200-day moving average price of $145.45. 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 $381.35 billion, a PE ratio of 135.05, a P/E/G ratio of 2.10 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 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 business had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. During the same quarter in the prior year, the company posted $0.69 EPS. The business’s revenue for the quarter was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Mark D. Papermaster sold 16,800 shares of the stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the completion of the sale, the executive vice president owned 1,714,505 shares in the company, valued at approximately $384,529,181.40. This represents a 0.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the stock in a transaction 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 sale, the executive vice president owned 311,598 shares of the company’s stock, valued at approximately $51,416,785.98. This represents a 0.72% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 274,118 shares of company stock worth $46,180,719. Company insiders own 0.06% of the company’s stock.

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.