Archford Capital Strategies LLC Sells 6,043 Shares of Advanced Micro Devices, Inc. $AMD

Archford Capital Strategies LLC lessened its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 36.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,626 shares of the semiconductor manufacturer’s stock after selling 6,043 shares during the period. Archford Capital Strategies LLC’s holdings in Advanced Micro Devices were worth $1,508,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Parisi Gray Wealth Management acquired a new position in Advanced Micro Devices in the 2nd quarter valued at approximately $343,000. Davis Investment Partners LLC acquired a new position in shares of Advanced Micro Devices during the second quarter worth $736,000. Sivia Capital Partners LLC grew its stake in shares of Advanced Micro Devices by 125.1% in the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after purchasing an additional 2,970 shares during the last quarter. Fragasso Financial Advisors Inc increased its holdings in Advanced Micro Devices by 151.3% in the second quarter. Fragasso Financial Advisors Inc now owns 5,628 shares of the semiconductor manufacturer’s stock valued at $799,000 after purchasing an additional 3,388 shares during the period. Finally, Modern Wealth Management LLC bought a new position in Advanced Micro Devices during the 1st quarter worth $644,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on AMD shares. Melius Research upgraded Advanced Micro Devices from a “hold” rating to a “strong-buy” rating and upped their price target for the company from $110.00 to $175.00 in a research report on Monday, June 23rd. Rosenblatt Securities reiterated a “buy” rating and issued a $200.00 target price on shares of Advanced Micro Devices in a report on Friday, June 13th. Morgan Stanley lowered their price target on shares of Advanced Micro Devices from $185.00 to $168.00 and set an “equal weight” rating for the company in a report on Wednesday, August 6th. Raymond James Financial boosted their price target on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. Finally, UBS Group increased their price objective on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, July 28th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average target price of $180.88.

Advanced Micro Devices Stock Down 1.1%

Shares of NASDAQ AMD opened at $159.46 on Monday. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The firm has a market cap of $258.78 billion, a PE ratio of 91.64, a P/E/G ratio of 1.88 and a beta of 1.92. The company’s fifty day simple moving average is $165.48 and its 200 day simple moving average is $131.71. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65.

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

Insider Transactions at Advanced Micro Devices

In other news, 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 completion of the sale, the chief executive officer owned 3,359,748 shares in the company, valued at $550,897,879.56. The trade was a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the company’s stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total value of $371,272.50. Following the transaction, the executive vice president directly owned 311,598 shares in the company, valued at $51,416,785.98. The trade was a 0.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 272,448 shares of company stock worth $44,554,848. 0.06% of the stock is currently owned by insiders.

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.