Tandem Capital Management Corp ADV Sells 490 Shares of Advanced Micro Devices, Inc. $AMD

Tandem Capital Management Corp ADV trimmed its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 19.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,040 shares of the semiconductor manufacturer’s stock after selling 490 shares during the quarter. Tandem Capital Management Corp ADV’s holdings in Advanced Micro Devices were worth $289,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Dogwood Wealth Management LLC grew its stake in Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 208 shares in the last quarter. West Branch Capital LLC grew its stake in Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 214 shares in the last quarter. High Note Wealth LLC grew its stake in Advanced Micro Devices by 285.5% in the second quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer’s stock valued at $38,000 after purchasing an additional 197 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA grew its stake in Advanced Micro Devices by 277.8% in the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 200 shares in the last quarter. Finally, American Capital Advisory LLC grew its stake in Advanced Micro Devices by 90.3% in 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 in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AMD has been the subject of a number of recent analyst reports. Bank of America raised their price objective on Advanced Micro Devices from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Tuesday, July 29th. Sanford C. Bernstein raised their price objective on Advanced Micro Devices from $95.00 to $140.00 and gave the company a “market perform” rating in a research report on Monday, July 21st. Jefferies Financial Group set a $300.00 price objective on Advanced Micro Devices and gave the company a “positive” rating in a research report on Monday. Susquehanna raised their price objective on Advanced Micro Devices from $135.00 to $210.00 and gave the company a “positive” rating in a research report on Wednesday, July 30th. Finally, HSBC cut their price objective on Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating for the company in a research report on Tuesday, September 9th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average price target of $217.70.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $235.56 on Thursday. The stock has a market cap of $382.28 billion, a P/E ratio of 135.38, a PEG ratio of 2.50 and a beta of 1.90. The stock has a 50 day simple moving average of $168.34 and a 200 day simple moving average of $135.71. 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, Inc. has a 1-year low of $76.48 and a 1-year high of $235.87.

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

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of Advanced Micro Devices stock in a transaction on Wednesday, September 10th. The stock was 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 directly owned 313,848 shares of the company’s stock, valued at $50,507,558.64. The trade was a 5.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the completion of the transaction, the executive vice president directly owned 1,713,710 shares of the company’s stock, valued at $265,676,461.30. This represents a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 275,316 shares of company stock worth $45,203,045. Corporate 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.