KRS Capital Management LLC cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 11.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,536 shares of the semiconductor manufacturer’s stock after selling 4,094 shares during the period. Advanced Micro Devices makes up 3.0% of KRS Capital Management LLC’s holdings, making the stock its 5th biggest holding. KRS Capital Management LLC’s holdings in Advanced Micro Devices were worth $4,475,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Wise Wealth Partners bought a new stake in Advanced Micro Devices in the 2nd quarter worth about $343,000. Parisi Gray Wealth Management bought a new stake in Advanced Micro Devices in the 2nd quarter worth about $343,000. Davis Investment Partners LLC bought a new stake in Advanced Micro Devices in the 2nd quarter worth about $736,000. REAP Financial Group LLC grew its position in Advanced Micro Devices by 16.9% in the 2nd quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer’s stock worth $170,000 after purchasing an additional 173 shares in the last quarter. Finally, Sivia Capital Partners LLC grew its position in Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after purchasing an additional 2,970 shares in the last quarter. 71.34% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities research analysts have issued reports on AMD shares. Seaport Res Ptn downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 4th. Dbs Bank raised shares of Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a research report on Monday. Evercore ISI increased their target price on shares of Advanced Micro Devices from $188.00 to $240.00 and gave the company an “outperform” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft set a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Finally, UBS Group increased their target price on shares of Advanced Micro Devices from $210.00 to $265.00 and gave the company a “buy” rating in a research report on Tuesday. Three analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $217.70.
Insider Activity at Advanced Micro Devices
In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the firm’s stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the sale, the executive vice president owned 1,713,710 shares of the company’s stock, valued at $265,676,461.30. This trade represents a 1.04% decrease in their position. The sale 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 firm’s stock in a transaction 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 completion of the sale, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 275,316 shares of company stock worth $45,203,045 in the last 90 days. Corporate insiders own 0.06% of the company’s stock.
Advanced Micro Devices Price Performance
AMD stock opened at $232.89 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $240.10. The firm’s fifty day moving average is $169.47 and its 200 day moving average is $136.53. The firm has a market cap of $377.94 billion, a P/E ratio of 133.84, a P/E/G ratio of 2.77 and a beta of 1.90.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its 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 business had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same period in the prior year, the business posted $0.69 EPS. Advanced Micro Devices’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. Research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current 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.
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