Mesirow Financial Investment Management Inc. Sells 335 Shares of Advanced Micro Devices, Inc. $AMD

Mesirow Financial Investment Management Inc. trimmed its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,670 shares of the semiconductor manufacturer’s stock after selling 335 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Advanced Micro Devices were worth $663,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Silver Coast Investments LLC bought a new position in Advanced Micro Devices during the 2nd quarter worth approximately $264,000. Aljian Capital Management LLC grew its holdings in shares of Advanced Micro Devices by 23.4% in the second quarter. Aljian Capital Management LLC now owns 10,496 shares of the semiconductor manufacturer’s stock worth $1,489,000 after purchasing an additional 1,990 shares during the last quarter. Simon Quick Advisors LLC grew its holdings in shares of Advanced Micro Devices by 34.9% in the second quarter. Simon Quick Advisors LLC now owns 11,067 shares of the semiconductor manufacturer’s stock worth $1,570,000 after purchasing an additional 2,866 shares during the last quarter. Coign Capital Advisors LLC grew its holdings in shares of Advanced Micro Devices by 2.1% in the second quarter. Coign Capital Advisors LLC now owns 5,214 shares of the semiconductor manufacturer’s stock worth $740,000 after purchasing an additional 105 shares during the last quarter. Finally, KLCM Advisors Inc. grew its holdings in Advanced Micro Devices by 2.7% in the 2nd quarter. KLCM Advisors Inc. now owns 12,609 shares of the semiconductor manufacturer’s stock worth $1,789,000 after acquiring an additional 335 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AMD has been the topic of a number of recent analyst reports. UBS Group raised their price target on shares of Advanced Micro Devices from $210.00 to $265.00 and gave the stock a “buy” rating in a report on Tuesday, October 7th. HSBC raised their target price on Advanced Micro Devices from $185.00 to $310.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Rosenblatt Securities lifted their price objective on Advanced Micro Devices from $200.00 to $250.00 and gave the stock a “buy” rating in a research report on Tuesday, October 7th. Barclays lifted their price objective on Advanced Micro Devices from $200.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. Finally, Benchmark lifted their price objective on Advanced Micro Devices from $210.00 to $270.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $237.32.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 2,250 shares of the business’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total value of $371,272.50. Following the sale, the executive vice president directly owned 311,598 shares of the company’s stock, valued at approximately $51,416,785.98. The trade was a 0.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Ava Hahn sold 2,868 shares of the company’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the transaction, the senior vice president owned 9,033 shares in the company, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 274,118 shares of company stock worth $46,180,719. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Up 0.5%

NASDAQ AMD opened at $256.12 on Friday. 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, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08. The firm has a market capitalization of $415.64 billion, a PE ratio of 147.20, a P/E/G ratio of 2.42 and a beta of 1.90. The stock’s 50 day moving average is $191.16 and its 200 day moving average is $153.25.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS 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 for the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter last year, the firm posted $0.69 EPS. The business’s quarterly revenue was up 31.7% on a year-over-year basis. 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.