Diligent Investors LLC Cuts Stake in Advanced Micro Devices, Inc. $AMD

Diligent Investors LLC decreased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 25.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,112 shares of the semiconductor manufacturer’s stock after selling 735 shares during the period. Diligent Investors LLC’s holdings in Advanced Micro Devices were worth $300,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of AMD. Parisi Gray Wealth Management purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $343,000. Davis Investment Partners LLC acquired a new stake in Advanced Micro Devices during the 2nd quarter valued at $736,000. Sivia Capital Partners LLC increased its stake in Advanced Micro Devices by 125.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after buying an additional 2,970 shares during the period. Fragasso Financial Advisors Inc increased its stake in Advanced Micro Devices by 151.3% during the 2nd quarter. Fragasso Financial Advisors Inc now owns 5,628 shares of the semiconductor manufacturer’s stock worth $799,000 after buying an additional 3,388 shares during the period. Finally, Modern Wealth Management LLC acquired a new position in Advanced Micro Devices in the 1st quarter worth $644,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the completion of the transaction, the executive vice president directly owned 1,713,710 shares in the company, valued at $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the 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 sale, the executive vice president owned 313,848 shares in the company, valued at $50,507,558.64. The trade was 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 have sold 272,448 shares of company stock valued at $44,554,848. 0.06% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AMD shares. Sanford C. Bernstein lifted their target price on Advanced Micro Devices from $95.00 to $140.00 and gave the stock a “market perform” rating in a research report on Monday, July 21st. Wedbush restated a “cautious” rating on shares of Advanced Micro Devices in a research note on Saturday, August 9th. Piper Sandler upped their target price on Advanced Micro Devices from $140.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, August 6th. Benchmark raised their price target on shares of Advanced Micro Devices from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, Erste Group Bank lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Thursday, September 11th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given 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 stock currently has a consensus rating of “Moderate Buy” and an average target price of $180.88.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $164.67 on Friday. The stock has a market capitalization of $267.23 billion, a PE ratio of 94.64, a price-to-earnings-growth ratio of 1.94 and a beta of 1.90. The business’s fifty day moving average price is $165.94 and its 200 day moving average price is $133.62. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results 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 return on equity of 7.54% and a net margin of 9.57%.The business 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 firm’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. Equities research analysts forecast 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.