Weiss Ratings Downgrades Advanced Micro Devices (NASDAQ:AMD) to Sell (D+)

Advanced Micro Devices (NASDAQ:AMD) was downgraded by investment analysts at Weiss Ratings from a “hold (c-)” rating to a “sell (d+)” rating in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

AMD has been the subject of a number of other reports. Evercore ISI upped their target price on shares of Advanced Micro Devices from $188.00 to $240.00 and gave the stock an “outperform” rating in a research note on Tuesday. Sanford C. Bernstein upped their target price on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the stock a “market perform” rating in a research note on Monday, July 21st. Wedbush reaffirmed a “cautious” rating on shares of Advanced Micro Devices in a research note on Saturday, August 9th. Bank of America increased their price objective on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Finally, Benchmark increased their price objective on shares of Advanced Micro Devices from $210.00 to $270.00 and gave the stock a “buy” rating in a research note on Monday. Three investment 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 given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $217.70.

Advanced Micro Devices Price Performance

AMD opened at $232.89 on Wednesday. The stock has a market cap of $377.94 billion, a P/E ratio of 133.84, a P/E/G ratio of 2.77 and a beta of 1.90. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices has a 12 month low of $76.48 and a 12 month high of $240.10. The company has a fifty day simple moving average of $169.47 and a 200 day simple moving average of $136.53.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The company had revenue of $7.69 billion during 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%.Advanced Micro Devices’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research analysts expect that Advanced Micro Devices will post 3.87 EPS for the current year.

Insider Buying and Selling

In other news, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction that occurred on 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 directly owned 9,033 shares of the company’s stock, valued at $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 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 completion of the sale, the executive vice president directly owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 275,316 shares of company stock valued at $45,203,045. Insiders own 0.06% of the company’s stock.

Institutional Trading of Advanced Micro Devices

A number of hedge funds have recently made changes to their positions in the business. Cornerstone Advisory LLC increased its holdings in Advanced Micro Devices by 1.4% during the 2nd quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer’s stock worth $606,000 after purchasing an additional 57 shares in the last quarter. King Wealth Management Group increased its holdings in Advanced Micro Devices by 2.1% during the 2nd quarter. King Wealth Management Group now owns 3,017 shares of the semiconductor manufacturer’s stock worth $428,000 after purchasing an additional 62 shares in the last quarter. Synergy Financial Group LTD grew its holdings in shares of Advanced Micro Devices by 2.0% in the second quarter. Synergy Financial Group LTD now owns 3,309 shares of the semiconductor manufacturer’s stock valued at $470,000 after acquiring an additional 64 shares in the last quarter. Tortoise Investment Management LLC grew its holdings in shares of Advanced Micro Devices by 14.8% in the second quarter. Tortoise Investment Management LLC now owns 503 shares of the semiconductor manufacturer’s stock valued at $71,000 after acquiring an additional 65 shares in the last quarter. Finally, Tritonpoint Wealth LLC grew its holdings in shares of Advanced Micro Devices by 2.6% in the second quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock valued at $405,000 after acquiring an additional 72 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

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.