Relyea Zuckerberg Hanson LLC Sells 428 Shares of Advanced Micro Devices, Inc. $AMD

Relyea Zuckerberg Hanson LLC lessened its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.5% in the second quarter, HoldingsChannel.com reports. The fund owned 4,087 shares of the semiconductor manufacturer’s stock after selling 428 shares during the period. Relyea Zuckerberg Hanson LLC’s holdings in Advanced Micro Devices were worth $580,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Parisi Gray Wealth Management acquired a new position in shares of Advanced Micro Devices during the 2nd quarter worth approximately $343,000. Davis Investment Partners LLC acquired a new position in shares of Advanced Micro Devices in the second quarter valued at $736,000. Sivia Capital Partners LLC raised its position in shares of Advanced Micro Devices by 125.1% in the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after purchasing an additional 2,970 shares during the period. Fragasso Financial Advisors Inc lifted its stake in shares of Advanced Micro Devices by 151.3% during the 2nd quarter. Fragasso Financial Advisors Inc now owns 5,628 shares of the semiconductor manufacturer’s stock worth $799,000 after buying an additional 3,388 shares during the last quarter. Finally, Modern Wealth Management LLC bought a new stake in shares of Advanced Micro Devices during the 1st quarter worth about $644,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $164.67 on Monday. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65. The firm’s 50 day simple moving average is $165.94 and its 200 day simple moving average is $133.80. 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 capitalization of $267.23 billion, a price-to-earnings ratio of 94.64, a P/E/G ratio of 1.94 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last announced 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). The business had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.Advanced Micro Devices’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AMD. Stifel Nicolaus increased their price target on shares of Advanced Micro Devices from $161.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. The Goldman Sachs Group upgraded Advanced Micro Devices to a “hold” rating and set a $140.00 target price on the stock in a research note on Thursday, July 10th. HSBC reduced their price target on Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating for the company in a research note on Tuesday, September 9th. TD Cowen increased their price objective on Advanced Micro Devices from $165.00 to $195.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, Seaport Res Ptn cut shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 4th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $180.88.

Insider Activity at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the transaction, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the completion of the transaction, the executive vice president owned 313,848 shares of the company’s stock, valued at $50,507,558.64. This represents a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 272,448 shares of company stock valued at $44,554,848 over the last three months. 0.06% of the stock is currently owned by corporate 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.