Advanced Micro Devices, Inc. $AMD Shares Sold by Prospera Financial Services Inc

Prospera Financial Services Inc reduced its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 70,469 shares of the semiconductor manufacturer’s stock after selling 4,415 shares during the quarter. Prospera Financial Services Inc’s holdings in Advanced Micro Devices were worth $9,999,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wise Wealth Partners purchased a new position in Advanced Micro Devices during the second quarter worth $343,000. Waterfront Wealth Inc. acquired a new stake in shares of Advanced Micro Devices during the second quarter valued at $1,145,000. Parisi Gray Wealth Management acquired a new position in Advanced Micro Devices in the 2nd quarter valued at about $343,000. Cornercap Investment Counsel Inc. raised its stake in Advanced Micro Devices by 43.3% in the 2nd quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock valued at $1,738,000 after purchasing an additional 3,702 shares during the last quarter. Finally, Davis Investment Partners LLC acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter worth about $736,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the sale, the executive vice president owned 125,505 shares in the company, valued at $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 274,118 shares of company stock worth $46,180,719 over the last ninety days. Insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

AMD has been the topic of several recent analyst reports. Mizuho upped their price objective on shares of Advanced Micro Devices from $205.00 to $275.00 and gave the company an “outperform” rating in a research note on Monday, October 13th. Citigroup increased their price target on Advanced Micro Devices from $215.00 to $260.00 and gave the stock a “neutral” rating in a research note on Wednesday. Wells Fargo & Company lifted their price objective on Advanced Micro Devices from $275.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. Evercore ISI increased their target price on Advanced Micro Devices from $240.00 to $270.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Roth Capital lifted their price target on Advanced Micro Devices from $250.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $263.26.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $233.54 on Friday. The firm has a market capitalization of $379.00 billion, a P/E ratio of 134.22, a P/E/G ratio of 2.42 and a beta of 1.93. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. 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 $199.34 and its two-hundred day moving average price is $158.35.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.03. The company had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.Advanced Micro Devices’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

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.