Premier Path Wealth Partners LLC Reduces Position in Advanced Micro Devices, Inc. $AMD

Premier Path Wealth Partners LLC decreased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 12.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,977 shares of the semiconductor manufacturer’s stock after selling 2,218 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Advanced Micro Devices were worth $2,125,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. American Capital Advisory LLC raised its holdings in shares of Advanced Micro Devices by 90.3% during the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 130 shares during the last quarter. Dogwood Wealth Management LLC grew its position in Advanced Micro Devices by 2,311.1% in the 2nd 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 raised its stake in Advanced Micro Devices by 49.3% during the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after buying an additional 72 shares during the last quarter. West Branch Capital LLC lifted its holdings in shares of Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after buying an additional 214 shares during the period. Finally, Bear Mountain Capital Inc. lifted its holdings in shares of Advanced Micro Devices by 75.0% during the 1st quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer’s stock valued at $34,000 after buying an additional 150 shares during the period. Institutional investors own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Susquehanna raised their price objective on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the stock a “positive” rating in a report on Wednesday, July 30th. DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target for the company in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft set a $235.00 price objective on Advanced Micro Devices and gave the company a “hold” rating in a research report on Tuesday, October 14th. Piper Sandler reiterated an “overweight” rating and set a $240.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday, October 7th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $200.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $233.94.

Insiders Place Their Bets

In other Advanced Micro Devices 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 value of $3,767,904.00. Following the sale, the executive vice president 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares of the company’s stock, valued at $21,738,721.05. This represents a 7.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 274,118 shares of company stock worth $46,180,719. 0.06% of the stock is owned by corporate insiders.

Advanced Micro Devices Stock Up 2.4%

NASDAQ AMD opened at $264.33 on Thursday. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. 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 stock has a market cap of $428.97 billion, a PE ratio of 151.91, a P/E/G ratio of 2.36 and a beta of 1.90. The stock’s 50 day moving average is $187.57 and its 200 day moving average is $151.00.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $7.41 billion. During the same period last year, the business earned $0.69 earnings per share. The company’s quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal 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.