IFP Advisors Inc Sells 4,425 Shares of Advanced Micro Devices, Inc. $AMD

IFP Advisors Inc lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 72,930 shares of the semiconductor manufacturer’s stock after selling 4,425 shares during the quarter. IFP Advisors Inc’s holdings in Advanced Micro Devices were worth $10,434,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AMD. Brighton Jones LLC increased its holdings in Advanced Micro Devices by 178.2% in the fourth 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 increased 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 valued at $1,001,000 after purchasing an additional 234 shares during the last quarter. Pallas Capital Advisors LLC increased its holdings in Advanced Micro Devices by 119.6% in the first quarter. Pallas Capital Advisors LLC now owns 7,309 shares of the semiconductor manufacturer’s stock valued at $751,000 after purchasing an additional 3,980 shares during the last quarter. GAMMA Investing LLC increased its holdings in Advanced Micro Devices by 18.7% in the first quarter. GAMMA Investing LLC now owns 19,554 shares of the semiconductor manufacturer’s stock valued at $2,009,000 after purchasing an additional 3,084 shares during the last quarter. Finally, Simplicity Wealth LLC increased its holdings in Advanced Micro Devices by 179.9% in the first quarter. Simplicity Wealth LLC now owns 6,280 shares of the semiconductor manufacturer’s stock valued at $645,000 after purchasing an additional 4,036 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Insider Activity

In related news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 3,359,748 shares of the company’s stock, valued at approximately $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 accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction that occurred 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 transaction, the executive vice president directly owned 313,848 shares of the company’s stock, valued at $50,507,558.64. This trade represents a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 275,316 shares of company stock valued at $45,203,045. Corporate insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Weiss Ratings downgraded Advanced Micro Devices from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday. TD Cowen increased their price target on Advanced Micro Devices from $165.00 to $195.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Benchmark increased their price target on Advanced Micro Devices from $210.00 to $270.00 and gave the stock a “buy” rating in a report on Monday. Citigroup increased their price target on Advanced Micro Devices from $180.00 to $215.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Raymond James Financial increased their price target on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average price target of $217.70.

Advanced Micro Devices Stock Down 1.1%

NASDAQ:AMD opened at $232.89 on Friday. The stock has a 50-day simple moving average of $169.47 and a 200 day simple moving average of $136.53. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $240.10. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The company has a market cap of $377.94 billion, a PE ratio of 133.84, a PEG ratio of 2.77 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last issued 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 company had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same period last year, the company posted $0.69 earnings per share. The business’s revenue for the quarter was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal 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.