Zevenbergen Capital Investments LLC Sells 285,800 Shares of Advanced Micro Devices, Inc. $AMD

Zevenbergen Capital Investments LLC lessened its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 32.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 595,989 shares of the semiconductor manufacturer’s stock after selling 285,800 shares during the period. Advanced Micro Devices makes up about 1.6% of Zevenbergen Capital Investments LLC’s holdings, making the stock its 19th biggest position. Zevenbergen Capital Investments LLC’s holdings in Advanced Micro Devices were worth $84,571,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mpwm Advisory Solutions LLC bought a new stake in Advanced Micro Devices during the 4th quarter worth approximately $30,000. Farmers & Merchants Trust Co of Chambersburg PA increased its holdings in Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 200 shares during the period. American Capital Advisory LLC increased its holdings in Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 130 shares during the period. Investors Research Corp increased its holdings in Advanced Micro Devices by 117.9% during the 1st quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer’s stock worth $31,000 after acquiring an additional 165 shares during the period. Finally, Kozak & Associates Inc. increased its holdings in Advanced Micro Devices by 67.6% during the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock worth $29,000 after acquiring an additional 123 shares during the period. Institutional investors own 71.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Seaport Res Ptn lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 4th. Cantor Fitzgerald reissued an “overweight” rating and issued a $200.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Benchmark boosted their price target on shares of Advanced Micro Devices from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. UBS Group boosted their price target on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, July 28th. Finally, Roth Capital set a $150.00 price target on shares of Advanced Micro Devices and gave the stock a “buy” rating in a research note on Friday, June 13th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $180.88.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $158.57 on Friday. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $186.65. The stock has a market capitalization of $257.33 billion, a price-to-earnings ratio of 91.13, a price-to-earnings-growth ratio of 1.83 and a beta of 1.92. The company has a fifty day moving average of $163.13 and a 200-day moving average of $127.28. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49.

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 business had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. During the same period last year, the company posted $0.69 EPS. Advanced Micro Devices’s revenue for the quarter was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 17,200 shares of the company’s stock in a transaction on 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 sale, the executive vice president owned 313,848 shares of the company’s stock, valued at approximately $50,507,558.64. This represents a 5.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the company’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction 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 $21,738,721.05. This trade represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 270,198 shares of company stock worth $44,183,576 over the last 90 days. Company 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.