Xcel Wealth Management LLC Sells 876 Shares of Advanced Micro Devices, Inc. $AMD

Xcel Wealth Management LLC lessened its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,697 shares of the semiconductor manufacturer’s stock after selling 876 shares during the quarter. Xcel Wealth Management LLC’s holdings in Advanced Micro Devices were worth $1,660,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA grew its position in shares of Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 200 shares during the period. American Capital Advisory LLC boosted its stake in Advanced Micro Devices by 90.3% in the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 130 shares during the last quarter. Investors Research Corp boosted its stake in Advanced Micro Devices by 117.9% in the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 165 shares during the last quarter. Kozak & Associates Inc. grew its holdings in Advanced Micro Devices by 67.6% during the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock worth $29,000 after acquiring an additional 123 shares during the period. Finally, Financial Network Wealth Advisors LLC raised its position in shares of Advanced Micro Devices by 185.3% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 331 shares of the semiconductor manufacturer’s stock valued at $34,000 after acquiring an additional 215 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMD has been the topic of several recent research reports. Rosenblatt Securities restated a “buy” rating and issued a $200.00 price target on shares of Advanced Micro Devices in a research report on Friday, June 13th. Piper Sandler upped their price objective on Advanced Micro Devices from $140.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, August 6th. HSBC reduced their target price on Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating on the stock in a report on Tuesday, September 9th. DZ Bank upgraded Advanced Micro Devices from a “sell” rating to a “hold” rating and set a $165.00 target price for the company in a research report on Thursday, August 7th. Finally, Melius upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $175.00 price target on the stock in a research report on Monday, June 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $180.88.

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the transaction, the executive vice president directly owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the completion of the sale, the executive vice president owned 313,848 shares in the company, valued at $50,507,558.64. The trade was a 5.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 270,198 shares of company stock worth $44,183,576 in the last 90 days. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of AMD opened at $160.88 on Thursday. The stock has a 50 day simple moving average of $165.42 and a 200 day simple moving average of $130.39. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $186.65. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The firm has a market capitalization of $261.08 billion, a PE ratio of 92.46, a P/E/G ratio of 1.90 and a beta of 1.92.

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

About Advanced Micro Devices

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.