Putney Financial Group LLC Has $435,000 Holdings in Advanced Micro Devices, Inc. $AMD

Putney Financial Group LLC trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 5.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,065 shares of the semiconductor manufacturer’s stock after selling 160 shares during the quarter. Putney Financial Group LLC’s holdings in Advanced Micro Devices were worth $435,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after purchasing an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC raised its position in shares of Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares during the period. Golden State Wealth Management LLC lifted its stake in shares of Advanced Micro Devices by 7.8% in the first quarter. Golden State Wealth Management LLC now owns 8,867 shares of the semiconductor manufacturer’s stock worth $911,000 after buying an additional 638 shares during the last quarter. Koshinski Asset Management Inc. boosted its holdings in shares of Advanced Micro Devices by 3.7% during the 1st quarter. Koshinski Asset Management Inc. now owns 4,937 shares of the semiconductor manufacturer’s stock worth $507,000 after buying an additional 175 shares during the period. Finally, Cidel Asset Management Inc. grew its stake in Advanced Micro Devices by 17.6% in the 1st quarter. Cidel Asset Management Inc. now owns 2,093 shares of the semiconductor manufacturer’s stock valued at $215,000 after buying an additional 313 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on AMD shares. Cantor Fitzgerald restated an “overweight” rating and set a $200.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 6th. UBS Group boosted their price objective on Advanced Micro Devices from $210.00 to $265.00 and gave the stock a “buy” rating in a research report on Tuesday, October 7th. Morgan Stanley increased their target price 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. Citigroup lifted their price target on Advanced Micro Devices from $180.00 to $215.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 7th. Finally, DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target for the company in a report on Wednesday, October 8th. Three 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $234.68.

View Our Latest Stock Report on Advanced Micro Devices

Advanced Micro Devices Stock Down 3.6%

NASDAQ AMD opened at $254.84 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08. The company has a market capitalization of $413.57 billion, a price-to-earnings ratio of 146.46, a PEG ratio of 2.42 and a beta of 1.90. The stock’s 50 day moving average is $189.40 and its two-hundred day moving average is $151.72. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The company had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company’s quarterly revenue was up 31.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, 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 transaction of $36,893,250.00. Following the transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the sale, the senior vice president directly owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 274,118 shares of company stock valued at $46,180,719 in the last ninety days. 0.06% of the stock is owned by corporate insiders.

Advanced Micro Devices Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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