Noesis Capital Mangement Corp Sells 201 Shares of Advanced Micro Devices, Inc. $AMD

Noesis Capital Mangement Corp cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 90,092 shares of the semiconductor manufacturer’s stock after selling 201 shares during the period. Advanced Micro Devices comprises approximately 2.2% of Noesis Capital Mangement Corp’s investment portfolio, making the stock its 18th biggest position. Noesis Capital Mangement Corp’s holdings in Advanced Micro Devices were worth $12,784,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. FRG Family Wealth Advisors LLC bought a new stake in Advanced Micro Devices during the second quarter worth $236,000. Assetmark Inc. lifted its stake in Advanced Micro Devices by 57.7% during the second quarter. Assetmark Inc. now owns 131,839 shares of the semiconductor manufacturer’s stock worth $18,708,000 after purchasing an additional 48,232 shares during the last quarter. HBK Sorce Advisory LLC lifted its stake in Advanced Micro Devices by 14.9% during the second quarter. HBK Sorce Advisory LLC now owns 13,361 shares of the semiconductor manufacturer’s stock worth $1,896,000 after purchasing an additional 1,731 shares during the last quarter. Spire Wealth Management lifted its stake in Advanced Micro Devices by 25.4% during the second quarter. Spire Wealth Management now owns 16,324 shares of the semiconductor manufacturer’s stock worth $2,296,000 after purchasing an additional 3,307 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in Advanced Micro Devices by 29.3% during the second quarter. Hantz Financial Services Inc. now owns 6,948 shares of the semiconductor manufacturer’s stock worth $986,000 after purchasing an additional 1,575 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Stock Up 2.4%

Shares of NASDAQ:AMD opened at $264.33 on Thursday. The firm has a market cap 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. 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, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08. The business has a fifty day simple moving average of $187.57 and a 200 day simple moving average of $151.00.

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

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 17,200 shares of the firm’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the completion of the transaction, the executive vice president directly owned 313,848 shares of the company’s stock, valued at $50,507,558.64. This trade represents a 5.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction, the chief executive officer directly 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 274,118 shares of company stock worth $46,180,719 over the last 90 days. Company insiders own 0.06% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on AMD shares. DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 target price for the company in a research note on Wednesday, October 8th. Morgan Stanley increased their price target on Advanced Micro Devices from $168.00 to $246.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 7th. Wedbush increased their price target on Advanced Micro Devices from $190.00 to $270.00 and gave the company an “outperform” rating in a research note on Wednesday, October 15th. Wells Fargo & Company increased their price target on Advanced Micro Devices from $185.00 to $275.00 and gave the company an “overweight” rating in a research note on Tuesday, October 7th. Finally, UBS Group increased their price target on Advanced Micro Devices from $210.00 to $265.00 and gave the company a “buy” rating in a research note on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $233.94.

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.