Hager Investment Management Services LLC lowered its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 63.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 388 shares of the semiconductor manufacturer’s stock after selling 665 shares during the quarter. Hager Investment Management Services LLC’s holdings in Advanced Micro Devices were worth $55,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC acquired a new position in shares of Advanced Micro Devices during the second quarter valued at $958,422,000. Goldman Sachs Group Inc. lifted its stake in shares of Advanced Micro Devices by 169.7% during the first quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock valued at $1,012,538,000 after acquiring an additional 6,200,850 shares during the period. T. Rowe Price Investment Management Inc. lifted its stake in shares of Advanced Micro Devices by 131.5% during the first quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock valued at $1,069,846,000 after acquiring an additional 5,915,185 shares during the period. Nuveen LLC bought a new stake in Advanced Micro Devices in the first quarter valued at about $436,746,000. Finally, Parnassus Investments LLC increased its holdings in Advanced Micro Devices by 47,883.5% in the first quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock valued at $425,592,000 after purchasing an additional 4,133,785 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.
Insider Buying and Selling
In other news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares in the company, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Ava Hahn sold 2,868 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the transaction, the senior vice president owned 9,033 shares in the company, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 275,316 shares of company stock valued at $45,203,045. Insiders own 0.06% of the company’s stock.
Advanced Micro Devices Stock Performance
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) 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. Analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
AMD has been the subject of a number of recent analyst reports. Barclays upped their price objective on Advanced Micro Devices from $200.00 to $300.00 and gave the company an “overweight” rating in a report on Monday. Rosenblatt Securities upped their price objective on Advanced Micro Devices from $200.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft set a $200.00 price objective on Advanced Micro Devices in a report on Wednesday, August 6th. 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, Mizuho increased their price target on Advanced Micro Devices from $183.00 to $205.00 and gave the stock an “outperform” rating in a report on Thursday, August 14th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $217.70.
Get Our Latest Analysis on Advanced Micro Devices
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.
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