Lyell Wealth Management LP Sells 3,991 Shares of Advanced Micro Devices, Inc. $AMD

Lyell Wealth Management LP trimmed its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 4.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 86,746 shares of the semiconductor manufacturer’s stock after selling 3,991 shares during the quarter. Lyell Wealth Management LP’s holdings in Advanced Micro Devices were worth $12,309,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of AMD. Wise Wealth Partners purchased a new position in Advanced Micro Devices in the second quarter worth about $343,000. Parisi Gray Wealth Management purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $343,000. Davis Investment Partners LLC bought a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $736,000. REAP Financial Group LLC increased its position in shares of Advanced Micro Devices by 16.9% during the second quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer’s stock valued at $170,000 after acquiring an additional 173 shares in the last quarter. Finally, Sivia Capital Partners LLC raised its holdings in Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after acquiring an additional 2,970 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on AMD shares. Jefferies Financial Group set a $300.00 target price on Advanced Micro Devices and gave the stock a “positive” rating in a report on Monday, October 6th. HSBC lifted their price objective on Advanced Micro Devices from $185.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday. Morgan Stanley upped their target price on shares of Advanced Micro Devices from $168.00 to $246.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 7th. Stifel Nicolaus set a $240.00 price target on shares of Advanced Micro Devices in a report on Monday, October 6th. Finally, Wells Fargo & Company boosted their price objective on shares of Advanced Micro Devices from $185.00 to $275.00 and gave the company an “overweight” rating in a report on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus price target of $233.94.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of the business’s stock in a transaction dated 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 sale, the executive vice president owned 313,848 shares of the company’s stock, valued at approximately $50,507,558.64. The trade was a 5.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of the company’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the completion of the sale, the senior vice president owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold 274,118 shares of company stock valued at $46,180,719 in the last ninety days. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Performance

AMD opened at $233.08 on Monday. The company’s 50 day moving average is $175.96 and its 200 day moving average is $142.07. 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 company has a market cap of $378.25 billion, a price-to-earnings ratio of 133.95, a PEG ratio of 2.32 and a beta of 1.90. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $241.20.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results 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 business had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm’s quarterly revenue was up 31.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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.