Litman Gregory Wealth Management LLC Sells 250 Shares of Advanced Micro Devices, Inc. $AMD

Litman Gregory Wealth Management LLC decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 10.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 2,127 shares of the semiconductor manufacturer’s stock after selling 250 shares during the period. Litman Gregory Wealth Management LLC’s holdings in Advanced Micro Devices were worth $302,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of AMD. Brighton Jones LLC increased its holdings 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 acquiring an additional 29,438 shares during the period. Revolve Wealth Partners LLC raised its holdings in Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after purchasing an additional 234 shares in the last quarter. Vest Financial LLC boosted its holdings 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 buying an additional 6,481 shares in the last quarter. Signal Advisors Wealth LLC purchased a new position in shares of Advanced Micro Devices in the 1st quarter worth approximately $202,000. Finally, Procyon Advisors LLC grew its position in shares of Advanced Micro Devices by 14.0% in the 1st quarter. Procyon Advisors LLC now owns 5,058 shares of the semiconductor manufacturer’s stock worth $520,000 after buying an additional 621 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on AMD shares. Jefferies Financial Group raised their target price on shares of Advanced Micro Devices from $100.00 to $160.00 in a research note on Wednesday, July 16th. Melius Research upgraded Advanced Micro Devices from a “hold” rating to a “strong-buy” rating and increased their price objective for the company from $110.00 to $175.00 in a report on Monday, June 23rd. Susquehanna boosted their target price on Advanced Micro Devices from $135.00 to $210.00 and gave the stock a “positive” rating in a research note on Wednesday, July 30th. Melius raised 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, Piper Sandler raised their price target on Advanced Micro Devices from $140.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.88.

Insider Buying and Selling

In other news, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following 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 filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 272,448 shares of company stock valued at $44,554,848 over the last quarter. 0.06% of the stock is currently owned by company insiders.

Advanced Micro Devices Stock Performance

AMD opened at $164.67 on Monday. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $267.23 billion, a PE ratio of 94.64, a P/E/G ratio of 1.94 and a beta of 1.90. The firm has a 50 day moving average of $165.94 and a two-hundred day moving average of $133.80.

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 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 period last year, the company earned $0.69 earnings per share. The firm’s revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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.