Advanced Micro Devices, Inc. $AMD Shares Sold by Diligent Investors LLC

Diligent Investors LLC lessened its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 25.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,112 shares of the semiconductor manufacturer’s stock after selling 735 shares during the quarter. Diligent Investors LLC’s holdings in Advanced Micro Devices were worth $300,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Tritonpoint Wealth LLC raised its stake in shares of Advanced Micro Devices by 2.6% during the second quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock valued at $405,000 after purchasing an additional 72 shares in the last quarter. Scott & Selber Inc. raised its position in shares of Advanced Micro Devices by 0.7% during the 2nd quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after buying an additional 73 shares in the last quarter. Sandy Cove Advisors LLC raised its position in shares of Advanced Micro Devices by 1.4% during the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after buying an additional 75 shares in the last quarter. Pine Haven Investment Counsel Inc lifted its stake in shares of Advanced Micro Devices by 3.3% in the 2nd quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock worth $381,000 after acquiring an additional 85 shares during the period. Finally, Seaview Investment Managers LLC boosted its holdings in shares of Advanced Micro Devices by 4.3% in the first quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer’s stock valued at $232,000 after acquiring an additional 93 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In related 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 directly owned 313,848 shares in the company, valued at approximately $50,507,558.64. This represents a 5.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the transaction, the executive vice president directly owned 1,713,710 shares in the company, valued at $265,676,461.30. The trade was a 1.04% 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 worth $44,554,848 over the last quarter. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Down 3.0%

AMD opened at $164.67 on Friday. The company has a market capitalization of $267.23 billion, a PE ratio of 94.64, a price-to-earnings-growth ratio of 1.94 and a beta of 1.90. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $186.65. The business has a 50-day moving average of $165.94 and a 200-day moving average of $133.62.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The firm 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%.The company’s quarterly revenue was up 31.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on AMD shares. JPMorgan Chase & Co. boosted their target price on Advanced Micro Devices from $120.00 to $180.00 and gave the stock a “neutral” rating in a 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 report on Thursday, August 7th. Evercore ISI lifted their price objective on shares of Advanced Micro Devices from $144.00 to $188.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Jefferies Financial Group lifted their target price on Advanced Micro Devices from $100.00 to $160.00 in a report on Wednesday, July 16th. Finally, Hsbc Global Res upgraded shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $180.88.

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.