Woodmont Investment Counsel LLC Has $229,000 Position in Advanced Micro Devices, Inc. $AMD

Woodmont Investment Counsel LLC cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 19.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,617 shares of the semiconductor manufacturer’s stock after selling 388 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in Advanced Micro Devices were worth $229,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Merit Financial Group LLC boosted its position in Advanced Micro Devices by 10.5% during the 2nd quarter. Merit Financial Group LLC now owns 37,959 shares of the semiconductor manufacturer’s stock worth $5,386,000 after buying an additional 3,620 shares during the period. Kercheville Advisors LLC acquired a new position in shares of Advanced Micro Devices during the second quarter worth $1,752,000. Global Strategic Investment Solutions LLC bought a new stake in shares of Advanced Micro Devices in the second quarter worth $466,000. IVC Wealth Advisors LLC increased its holdings in Advanced Micro Devices by 5.5% in the second quarter. IVC Wealth Advisors LLC now owns 3,405 shares of the semiconductor manufacturer’s stock valued at $483,000 after purchasing an additional 176 shares during the period. Finally, Gemmer Asset Management LLC increased its holdings in Advanced Micro Devices by 27.3% in the second quarter. Gemmer Asset Management LLC now owns 3,154 shares of the semiconductor manufacturer’s stock valued at $448,000 after purchasing an additional 676 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $203.71 on Tuesday. The firm has a market capitalization of $330.59 billion, a PE ratio of 117.07, a P/E/G ratio of 1.94 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. The company has a 50-day moving average price of $166.54 and a two-hundred day moving average price of $134.48. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $226.71.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results 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 return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. During the same period in the previous year, the company posted $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. Equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on AMD. HSBC decreased their target price on shares of 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. Citigroup boosted their price objective on Advanced Micro Devices from $145.00 to $165.00 and gave the company a “neutral” rating in a research note on Friday, July 18th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $200.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Deutsche Bank Aktiengesellschaft set a $200.00 price target on Advanced Micro Devices in a report on Wednesday, August 6th. Finally, Morgan Stanley lowered their price objective on shares of Advanced Micro Devices from $185.00 to $168.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $198.30.

Insider Transactions at Advanced Micro Devices

In related news, 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 transaction, the executive vice president owned 1,713,710 shares in the company, valued at $265,676,461.30. This trade represents a 1.04% 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 stock in a transaction dated 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 sale, 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 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 90 days. Company insiders own 0.06% of the company’s stock.

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.