Mission Wealth Management LP Has $4.68 Million Holdings in Advanced Micro Devices, Inc. $AMD

Mission Wealth Management LP lowered its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,970 shares of the semiconductor manufacturer’s stock after selling 215 shares during the period. Mission Wealth Management LP’s holdings in Advanced Micro Devices were worth $4,678,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Wise Wealth Partners acquired a new position in shares of Advanced Micro Devices during the 2nd quarter worth about $343,000. Waterfront Wealth Inc. acquired a new position in shares of Advanced Micro Devices during the 2nd quarter worth about $1,145,000. Parisi Gray Wealth Management acquired a new position in shares of Advanced Micro Devices during the 2nd quarter worth about $343,000. Davis Investment Partners LLC acquired a new position in shares of Advanced Micro Devices during the 2nd quarter worth about $736,000. Finally, REAP Financial Group LLC increased its stake in 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 during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Buying and Selling

In related news, EVP Mark D. Papermaster sold 16,800 shares of the stock in a transaction that occurred 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 sale, the executive vice president directly owned 1,714,505 shares in the company, valued at $384,529,181.40. This represents a 0.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the sale, the chief executive officer owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 274,118 shares of company stock worth $46,180,719. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Up 0.5%

AMD stock opened at $256.12 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08. The firm has a market cap of $415.64 billion, a P/E ratio of 147.20, a P/E/G ratio of 2.42 and a beta of 1.90. The business’s 50 day moving average is $191.16 and its 200-day moving average is $153.25. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share 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 company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the prior year, the company posted $0.69 earnings per share. The company’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 analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. TD Cowen boosted their price target on Advanced Micro Devices from $165.00 to $195.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Melius Research set a $300.00 price target on Advanced Micro Devices in a research note on Monday, October 6th. Evercore ISI boosted their price target on Advanced Micro Devices from $188.00 to $240.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Truist Financial restated a “buy” rating and set a $273.00 price target (up from $213.00) on shares of Advanced Micro Devices in a research note on Tuesday, October 7th. Finally, Stifel Nicolaus set a $240.00 price target on Advanced Micro Devices in a research note on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $237.32.

Advanced Micro Devices Company 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.