Field & Main Bank Has $2.77 Million Stock Position in Advanced Micro Devices, Inc. $AMD

Field & Main Bank lessened its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,535 shares of the semiconductor manufacturer’s stock after selling 655 shares during the quarter. Field & Main Bank’s holdings in Advanced Micro Devices were worth $2,772,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wise Wealth Partners acquired a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $343,000. Waterfront Wealth Inc. bought a new position in Advanced Micro Devices during the 2nd quarter worth about $1,145,000. Parisi Gray Wealth Management bought a new stake in shares of Advanced Micro Devices in the second quarter valued at about $343,000. Davis Investment Partners LLC acquired a new stake in Advanced Micro Devices in the 2nd quarter valued at approximately $736,000. Finally, REAP Financial Group LLC lifted its stake 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 valued at $170,000 after acquiring an additional 173 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD opened at $264.33 on Thursday. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $428.97 billion, a P/E ratio of 151.91, a P/E/G ratio of 2.36 and a beta of 1.90. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. The stock has a 50 day moving average of $187.57 and a 200-day moving average of $151.00.

Advanced Micro Devices (NASDAQ:AMD) last posted 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). 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 during the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter last year, the company posted $0.69 EPS. The firm’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, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Activity

In related news, EVP Forrest Eugene Norrod sold 2,250 shares of the business’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total value of $371,272.50. Following the completion of the sale, the executive vice president directly owned 311,598 shares in the company, valued at $51,416,785.98. The trade was a 0.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction on 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 in the company, valued at $21,738,721.05. The trade was a 7.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 274,118 shares of company stock valued at $46,180,719. Company insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Roth Capital set a $250.00 price objective on shares of Advanced Micro Devices and gave the company a “buy” rating in a report on Monday, October 6th. Weiss Ratings downgraded shares of Advanced Micro Devices from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, October 8th. UBS Group boosted their price target on shares of Advanced Micro Devices from $210.00 to $265.00 and gave the stock a “buy” rating in a research report on Tuesday, October 7th. Mizuho lifted their target price on Advanced Micro Devices from $205.00 to $275.00 and gave the company an “outperform” rating in a research report on Monday, October 13th. Finally, Bank of America increased their price target on Advanced Micro Devices from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $233.94.

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.