Mission Wealth Management LP Has $4.68 Million Stock Holdings in Advanced Micro Devices, Inc. $AMD

Mission Wealth Management LP decreased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 0.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 32,970 shares of the semiconductor manufacturer’s stock after selling 215 shares during the quarter. Mission Wealth Management LP’s holdings in Advanced Micro Devices were worth $4,678,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its holdings in Advanced Micro Devices by 23.6% during the 2nd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 6,075 shares of the semiconductor manufacturer’s stock worth $862,000 after buying an additional 1,161 shares in the last quarter. Elm Partners Management LLC acquired a new position in shares of Advanced Micro Devices in the 2nd quarter valued at $951,000. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Advanced Micro Devices by 465.1% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 138,252 shares of the semiconductor manufacturer’s stock valued at $19,618,000 after purchasing an additional 113,787 shares during the period. Welch & Forbes LLC acquired a new position in shares of Advanced Micro Devices in the 2nd quarter valued at $833,000. Finally, Sebold Capital Management Inc. acquired a new position in shares of Advanced Micro Devices in the 2nd quarter valued at $234,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction dated 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 sale, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. This trade represents a 6.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Mark D. Papermaster sold 16,800 shares of Advanced Micro Devices stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total value of $3,767,904.00. Following the completion of the sale, the executive vice president directly owned 1,714,505 shares in the company, valued at $384,529,181.40. This represents a 0.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 274,118 shares of company stock worth $46,180,719 in the last three months. 0.06% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. TD Cowen increased their price target on Advanced Micro Devices from $165.00 to $195.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. 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. Cantor Fitzgerald reissued an “overweight” rating and issued a $200.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Piper Sandler reissued an “overweight” rating and issued a $240.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, October 7th. Finally, Truist Financial reissued a “buy” rating and issued a $273.00 price target (up previously from $213.00) on shares of Advanced Micro Devices in a research note on Tuesday, October 7th. Three 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 given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $237.32.

Read Our Latest Stock Analysis on Advanced Micro Devices

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $256.12 on Friday. The company has a market capitalization of $415.64 billion, a PE ratio of 147.20, a PEG ratio of 2.42 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 company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The stock’s fifty day simple moving average is $191.16 and its 200 day simple moving average is $153.25.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). The business had revenue of $7.69 billion for 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 business’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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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