Advanced Micro Devices, Inc. $AMD Shares Sold by Enterprise Bank & Trust Co

Enterprise Bank & Trust Co lowered its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,028 shares of the semiconductor manufacturer’s stock after selling 270 shares during the quarter. Enterprise Bank & Trust Co’s holdings in Advanced Micro Devices were worth $572,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Seaview Investment Managers LLC raised its stake in shares of Advanced Micro Devices by 4.3% during the 1st quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer’s stock worth $232,000 after buying an additional 93 shares during the last quarter. Activest Wealth Management raised its stake in shares of Advanced Micro Devices by 9.4% during the 1st quarter. Activest Wealth Management now owns 1,136 shares of the semiconductor manufacturer’s stock worth $117,000 after buying an additional 98 shares during the last quarter. Bangor Savings Bank raised its stake in shares of Advanced Micro Devices by 8.4% during the 2nd quarter. Bangor Savings Bank now owns 1,314 shares of the semiconductor manufacturer’s stock worth $186,000 after buying an additional 102 shares during the last quarter. Peterson Wealth Services raised its stake in shares of Advanced Micro Devices by 2.9% during the 1st quarter. Peterson Wealth Services now owns 3,650 shares of the semiconductor manufacturer’s stock worth $375,000 after buying an additional 103 shares during the last quarter. Finally, Lifeworks Advisors LLC raised its stake in shares of Advanced Micro Devices by 5.6% during the 1st quarter. Lifeworks Advisors LLC now owns 1,974 shares of the semiconductor manufacturer’s stock worth $203,000 after buying an additional 104 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on AMD shares. Bank of America lifted their price target on Advanced Micro Devices from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Raymond James Financial lifted their price objective on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. DZ Bank upgraded Advanced Micro Devices from a “sell” rating to a “hold” rating and set a $165.00 price objective for the company in a research report on Thursday, August 7th. Mizuho lifted their price objective on Advanced Micro Devices from $183.00 to $205.00 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Friday, June 13th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $180.88.

Advanced Micro Devices Stock Up 1.9%

AMD opened at $158.57 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. 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 business has a 50-day moving average of $163.13 and a two-hundred day moving average of $127.28. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate 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 quarter last year, the firm earned $0.69 EPS. The firm’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. On average, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Transactions at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the sale, the chief executive officer owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the business’s stock in a transaction dated 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 sale, the executive vice president 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 disclosure for this sale can be found here. Insiders have 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 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.