Tandem Capital Management Corp ADV Sells 490 Shares of Advanced Micro Devices, Inc. $AMD

Tandem Capital Management Corp ADV decreased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 19.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 2,040 shares of the semiconductor manufacturer’s stock after selling 490 shares during the quarter. Tandem Capital Management Corp ADV’s holdings in Advanced Micro Devices were worth $289,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of AMD. Tritonpoint Wealth LLC increased its holdings in Advanced Micro Devices by 2.6% during the 2nd quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after purchasing an additional 72 shares in the last quarter. Scott & Selber Inc. increased its holdings in Advanced Micro Devices by 0.7% during the 2nd quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after purchasing an additional 73 shares in the last quarter. Sandy Cove Advisors LLC increased its holdings in Advanced Micro Devices by 1.4% during the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after purchasing an additional 75 shares in the last quarter. Pine Haven Investment Counsel Inc increased its holdings in Advanced Micro Devices by 3.3% during the 2nd quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock worth $381,000 after purchasing an additional 85 shares in the last quarter. Finally, Seaview Investment Managers LLC grew its holdings in shares of Advanced Micro Devices by 4.3% in the first quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer’s stock valued at $232,000 after acquiring an additional 93 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Insider Transactions at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 225,000 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value 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 $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 275,316 shares of company stock valued at $45,203,045. 0.06% of the stock is currently owned by company insiders.

Advanced Micro Devices Trading Up 11.4%

NASDAQ:AMD opened at $235.56 on Thursday. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $235.87. The stock’s fifty day moving average price is $168.34 and its two-hundred day moving average price is $135.71. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The company has a market cap of $382.28 billion, a P/E ratio of 135.38, a P/E/G ratio of 2.50 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly 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 return on equity of 7.54% and a net margin of 9.57%.The company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same period in the previous year, the business earned $0.69 earnings per share. Advanced Micro Devices’s revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on AMD shares. The Goldman Sachs Group upped their target price on Advanced Micro Devices from $150.00 to $210.00 and gave the company a “neutral” rating in a report on Wednesday. HSBC reduced their target price on Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating for the company in a report on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft set a $200.00 target price on Advanced Micro Devices in a report on Wednesday, August 6th. Barclays upped their target price on Advanced Micro Devices from $200.00 to $300.00 and gave the company an “overweight” rating in a report on Monday. Finally, Truist Financial reaffirmed a “buy” rating and issued a $273.00 target price (up from $213.00) on shares of Advanced Micro Devices in a report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus price target of $217.70.

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.