Advanced Micro Devices, Inc. $AMD Shares Sold by PKO Investment Management Joint Stock Co

PKO Investment Management Joint Stock Co cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 44.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,000 shares of the semiconductor manufacturer’s stock after selling 52,315 shares during the period. Advanced Micro Devices comprises approximately 1.0% of PKO Investment Management Joint Stock Co’s investment portfolio, making the stock its 27th biggest holding. PKO Investment Management Joint Stock Co’s holdings in Advanced Micro Devices were worth $9,224,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dogwood Wealth Management LLC lifted its holdings in 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 valued at $30,000 after purchasing an additional 208 shares in the last quarter. Avion Wealth raised its holdings in shares of Advanced Micro Devices by 49.3% during the 2nd 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 raised its holdings in Advanced Micro Devices by 3,057.1% in the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after buying an additional 214 shares during the period. High Note Wealth LLC raised its holdings in Advanced Micro Devices by 285.5% in the 2nd quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer’s stock valued at $38,000 after buying an additional 197 shares during the period. Finally, Farmers & Merchants Trust Co of Chambersburg PA raised its holdings in Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 200 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have weighed in on AMD. Evercore ISI lifted their target price on Advanced Micro Devices from $188.00 to $240.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. KGI Securities set a $260.00 price target on Advanced Micro Devices and gave the company an “outperform” rating in a report on Monday, October 13th. Bank of America increased their price objective on Advanced Micro Devices from $250.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 17th. Cantor Fitzgerald reissued an “overweight” rating and issued a $200.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Finally, Dbs Bank raised Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a report on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $233.94.

Insiders Place Their Bets

In related news, SVP Ava Hahn sold 2,868 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the transaction, the senior vice president directly owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were 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 in the company, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 274,118 shares of company stock worth $46,180,719. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Trading Up 7.6%

Shares of AMD stock opened at $252.92 on Friday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $253.39. The stock has a market cap of $410.45 billion, a P/E ratio of 145.36, a P/E/G ratio of 2.15 and a beta of 1.90. The business has a fifty day simple moving average of $182.09 and a 200-day simple moving average of $146.65. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly 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). The firm had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal 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.