Eagle Wealth Strategies LLC Sells 820 Shares of Advanced Micro Devices, Inc. $AMD

Eagle Wealth Strategies LLC lessened its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 12.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 5,596 shares of the semiconductor manufacturer’s stock after selling 820 shares during the period. Advanced Micro Devices comprises approximately 0.4% of Eagle Wealth Strategies LLC’s investment portfolio, making the stock its 25th biggest position. Eagle Wealth Strategies LLC’s holdings in Advanced Micro Devices were worth $794,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after purchasing an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after purchasing an additional 234 shares during the last quarter. First Hawaiian Bank lifted its position in shares of Advanced Micro Devices by 14.6% during the 1st quarter. First Hawaiian Bank now owns 4,515 shares of the semiconductor manufacturer’s stock worth $464,000 after purchasing an additional 574 shares during the last quarter. 180 Wealth Advisors LLC raised its holdings in Advanced Micro Devices by 3.6% in the 1st quarter. 180 Wealth Advisors LLC now owns 4,027 shares of the semiconductor manufacturer’s stock valued at $414,000 after acquiring an additional 141 shares in the last quarter. Finally, Enterprise Bank & Trust Co raised its holdings in Advanced Micro Devices by 109.4% in the 1st quarter. Enterprise Bank & Trust Co now owns 4,298 shares of the semiconductor manufacturer’s stock valued at $442,000 after acquiring an additional 2,245 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on AMD. Wedbush reaffirmed a “cautious” rating on shares of Advanced Micro Devices in a report on Saturday, August 9th. Citigroup upped their price target on Advanced Micro Devices from $145.00 to $165.00 and gave the company a “neutral” rating in a report on Friday, July 18th. Stifel Nicolaus upped their price target on Advanced Micro Devices from $161.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Erste Group Bank cut Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Thursday, September 11th. Finally, Susquehanna increased their target price on Advanced Micro Devices from $135.00 to $210.00 and gave the stock a “positive” rating in a report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $180.88.

Advanced Micro Devices Stock Up 1.2%

NASDAQ AMD opened at $161.36 on Tuesday. The firm has a market cap of $261.86 billion, a PE ratio of 92.74, a price-to-earnings-growth ratio of 1.88 and a beta of 1.92. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $186.65. The stock’s 50 day simple moving average is $165.57 and its 200 day simple moving average is $132.13. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm’s revenue was up 31.7% on a year-over-year basis. During the same quarter last year, the company earned $0.69 earnings per share. 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.

Insiders Place Their Bets

In related news, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction that occurred on 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 sale, the executive vice president directly owned 1,713,710 shares in the company, valued at $265,676,461.30. This represents a 1.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the 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 sale, the executive vice president owned 311,598 shares in the company, valued at approximately $51,416,785.98. This trade represents a 0.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 272,448 shares of company stock valued at $44,554,848 in the last 90 days. Insiders own 0.06% of the company’s stock.

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.