Advanced Micro Devices, Inc. $AMD Shares Sold by Trust Co. of Oklahoma

Trust Co. of Oklahoma lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,766 shares of the semiconductor manufacturer’s stock after selling 93 shares during the period. Trust Co. of Oklahoma’s holdings in Advanced Micro Devices were worth $392,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Toronto Dominion Bank boosted its holdings in Advanced Micro Devices by 443.3% during the fourth quarter. Toronto Dominion Bank now owns 5,467,956 shares of the semiconductor manufacturer’s stock worth $660,475,000 after buying an additional 4,461,609 shares in the last quarter. Bank Pictet & Cie Europe AG raised its position in shares of Advanced Micro Devices by 12.7% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 264,574 shares of the semiconductor manufacturer’s stock worth $31,958,000 after acquiring an additional 29,825 shares during the period. Valicenti Advisory Services Inc. boosted its stake in shares of Advanced Micro Devices by 4.0% during the 1st quarter. Valicenti Advisory Services Inc. now owns 76,826 shares of the semiconductor manufacturer’s stock worth $7,893,000 after acquiring an additional 2,944 shares in the last quarter. Sound Income Strategies LLC grew its position in shares of Advanced Micro Devices by 17.2% during the 1st quarter. Sound Income Strategies LLC now owns 1,728 shares of the semiconductor manufacturer’s stock valued at $178,000 after acquiring an additional 253 shares during the period. Finally, Brighton Jones LLC grew its position in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after acquiring an additional 29,438 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction that occurred 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 sale, the executive vice president owned 313,848 shares of the company’s stock, valued at approximately $50,507,558.64. This trade represents a 5.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, July 15th. The stock was 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 approximately $265,676,461.30. The trade was a 1.04% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 270,198 shares of company stock valued at $44,183,576. Company insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

AMD has been the topic of a number of recent analyst reports. UBS Group increased their price target on Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, July 28th. Evercore ISI upped their target price on Advanced Micro Devices from $144.00 to $188.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Hsbc Global Res upgraded Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Citigroup boosted their price target on shares of Advanced Micro Devices from $145.00 to $165.00 and gave the stock a “neutral” rating in a report on Friday, July 18th. Finally, Stifel Nicolaus increased their price objective on shares of Advanced Micro Devices from $161.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Three 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average target price of $180.88.

Advanced Micro Devices Trading Up 1.9%

Shares of AMD 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 cap of $257.33 billion, a PE ratio of 91.13, a price-to-earnings-growth ratio of 1.83 and a beta of 1.92. The firm’s fifty day moving average is $163.13 and its two-hundred day moving average is $127.28. 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 (NASDAQ:AMD) last posted 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 business had revenue of $7.69 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 31.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

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.