Advanced Micro Devices, Inc. $AMD Shares Sold by Hodges Capital Management Inc.

Hodges Capital Management Inc. trimmed its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 38.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,586 shares of the semiconductor manufacturer’s stock after selling 1,001 shares during the quarter. Hodges Capital Management Inc.’s holdings in Advanced Micro Devices were worth $225,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Dogwood Wealth Management LLC lifted its position in shares of Advanced Micro Devices by 2,311.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 208 shares during the last quarter. Avion Wealth raised its stake in Advanced Micro Devices by 49.3% during the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after acquiring an additional 72 shares during the period. West Branch Capital LLC lifted its holdings in Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock worth $31,000 after acquiring an additional 214 shares during the last quarter. Bear Mountain Capital Inc. lifted its holdings in Advanced Micro Devices by 75.0% in the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer’s stock worth $34,000 after acquiring an additional 150 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC boosted its stake in Advanced Micro Devices by 185.3% in the first quarter. Financial Network Wealth Advisors LLC now owns 331 shares of the semiconductor manufacturer’s stock valued at $34,000 after acquiring an additional 215 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The stock was 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 $50,507,558.64. This represents a 5.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 16,800 shares of the stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total value of $3,767,904.00. Following the transaction, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at approximately $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 264,118 shares of company stock valued at $44,448,619. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $243.98 on Tuesday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08. The firm’s 50-day simple moving average is $200.97 and its 200 day simple moving average is $160.39. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The stock has a market cap of $397.21 billion, a P/E ratio of 140.22, a P/E/G ratio of 2.42 and a beta of 1.93.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The firm had revenue of $9.25 billion during the quarter, compared to analyst estimates of $8.76 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. Advanced Micro Devices’s revenue was up 35.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Wall Street Zen upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Saturday. Rosenblatt Securities upped their price objective on Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Susquehanna reiterated a “positive” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a research note on Friday, October 31st. Seaport Res Ptn downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 4th. Finally, Mizuho increased their price objective on shares of Advanced Micro Devices from $205.00 to $275.00 and gave the stock an “outperform” rating in a report on Monday, October 13th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $263.26.

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.