Americana Partners LLC Sells 8,162 Shares of Advanced Micro Devices, Inc. $AMD

Americana Partners LLC lowered its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 35.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 15,092 shares of the semiconductor manufacturer’s stock after selling 8,162 shares during the quarter. Americana Partners LLC’s holdings in Advanced Micro Devices were worth $2,142,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of AMD. Kingstone Capital Partners Texas LLC bought a new stake in shares of Advanced Micro Devices in the 2nd quarter worth about $958,422,000. Goldman Sachs Group Inc. grew its holdings in Advanced Micro Devices by 169.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock valued at $1,012,538,000 after purchasing an additional 6,200,850 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its position in Advanced Micro Devices by 131.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock worth $1,069,846,000 after purchasing an additional 5,915,185 shares during the period. Nuveen LLC bought a new stake in Advanced Micro Devices in the first quarter worth about $436,746,000. Finally, Parnassus Investments LLC boosted its position in shares of Advanced Micro Devices by 47,883.5% during the first quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock valued at $425,592,000 after buying an additional 4,133,785 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Mark D. Papermaster sold 16,800 shares of Advanced Micro Devices stock in a transaction that occurred on 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 transaction, the executive vice president owned 1,714,505 shares of the company’s stock, valued at $384,529,181.40. The trade was a 0.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the transaction, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 264,118 shares of company stock valued at $44,448,619 over the last 90 days. 0.06% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Trading Up 4.5%

Shares of NASDAQ:AMD opened at $243.98 on Tuesday. The company has a market capitalization of $397.21 billion, a PE ratio of 140.22, a P/E/G ratio of 2.42 and a beta of 1.93. 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, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08. The business’s fifty day simple moving average is $200.97 and its 200-day simple moving average is $160.39.

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

Wall Street Analyst Weigh In

AMD has been the topic of several recent analyst reports. Mizuho increased their price target on Advanced Micro Devices from $205.00 to $275.00 and gave the stock an “outperform” rating in a report on Monday, October 13th. Robert W. Baird set a $300.00 target price on Advanced Micro Devices in a research note on Wednesday, November 5th. Melius Research set a $300.00 target price on Advanced Micro Devices in a research report on Monday, October 6th. Roth Capital upped their price target on shares of Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, UBS Group raised their price target on shares of Advanced Micro Devices from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $263.26.

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.