ZWJ Investment Counsel Inc. Sells 228 Shares of Advanced Micro Devices, Inc. $AMD

ZWJ Investment Counsel Inc. reduced its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 8.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,351 shares of the semiconductor manufacturer’s stock after selling 228 shares during the quarter. ZWJ Investment Counsel Inc.’s holdings in Advanced Micro Devices were worth $334,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of AMD. Brighton Jones LLC boosted its stake in shares of Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after purchasing an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares during the last quarter. NBC Securities Inc. boosted its stake in shares of Advanced Micro Devices by 59,416.7% in the 1st quarter. NBC Securities Inc. now owns 3,571 shares of the semiconductor manufacturer’s stock valued at $366,000 after purchasing an additional 3,565 shares during the last quarter. Beacon Financial Group boosted its stake in shares of Advanced Micro Devices by 21.1% in the 1st quarter. Beacon Financial Group now owns 2,999 shares of the semiconductor manufacturer’s stock valued at $308,000 after purchasing an additional 522 shares during the last quarter. Finally, Vest Financial LLC boosted its stake in shares of Advanced Micro Devices by 73.5% in the 1st quarter. Vest Financial LLC now owns 15,301 shares of the semiconductor manufacturer’s stock valued at $1,572,000 after purchasing an additional 6,481 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. UBS Group boosted their target price on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, July 28th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Advanced Micro Devices in a research report on Saturday, September 27th. Bank of America boosted their target price on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Tuesday, July 29th. Melius upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $175.00 target price on the stock in a research report on Monday, June 23rd. Finally, Melius Research upgraded shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating and boosted their target price for the company from $110.00 to $175.00 in a research report on Monday, June 23rd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $180.88.

Advanced Micro Devices Stock Down 3.0%

Advanced Micro Devices stock opened at $164.67 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65. The firm has a market capitalization of $267.23 billion, a price-to-earnings ratio of 94.64, a price-to-earnings-growth ratio of 1.94 and a beta of 1.90. The firm’s fifty day moving average price is $165.94 and its two-hundred day moving average price is $133.62. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share 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 the consensus estimate of $7.41 billion. During the same period last year, the business posted $0.69 earnings per share. The firm’s quarterly revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value 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 $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 transaction of $1,732,100.00. Following the completion of the sale, the executive vice president owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 272,448 shares of company stock worth $44,554,848. Company insiders own 0.06% of the company’s stock.

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.