Advanced Micro Devices, Inc. $AMD Shares Sold by BIP Wealth LLC

BIP Wealth LLC lessened its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 24.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,521 shares of the semiconductor manufacturer’s stock after selling 490 shares during the quarter. BIP Wealth LLC’s holdings in Advanced Micro Devices were worth $216,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in AMD. Cornerstone Advisory LLC lifted its holdings in Advanced Micro Devices by 1.4% during the 2nd quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer’s stock worth $606,000 after buying an additional 57 shares in the last quarter. Tritonpoint Wealth LLC increased its position in shares of Advanced Micro Devices by 2.6% during the second quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after acquiring an additional 72 shares during the period. Avion Wealth raised its stake in shares of Advanced Micro Devices by 49.3% in the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after acquiring an additional 72 shares in the last quarter. Scott & Selber Inc. boosted its holdings in Advanced Micro Devices by 0.7% in the second quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock valued at $1,485,000 after purchasing an additional 73 shares during the period. Finally, Sandy Cove Advisors LLC grew its stake 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. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $252.92 on Friday. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $253.39. The firm has a market capitalization of $410.45 billion, a P/E ratio of 145.36, a P/E/G ratio of 2.31 and a beta of 1.90. 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’s fifty day moving average price is $182.09 and its 200 day moving average price is $147.13.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. During the same period in the previous year, the business posted $0.69 EPS. The business’s revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on AMD shares. HSBC lifted their price objective on Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Evercore ISI lifted their price target on shares of Advanced Micro Devices from $188.00 to $240.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Barclays boosted their price target on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. JPMorgan Chase & Co. raised their price objective on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the company a “neutral” rating in a report on Wednesday, August 6th. Finally, Wolfe Research set a $300.00 target price on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a research note on Tuesday, October 14th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average price target of $233.94.

Insider Activity at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president directly owned 125,505 shares of the company’s stock, valued at $21,738,721.05. The trade was a 7.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the sale, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 274,118 shares of company stock valued at $46,180,719 over the last 90 days. 0.06% of the stock is owned by insiders.

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.