Clear Creek Financial Management LLC decreased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 15.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,817 shares of the semiconductor manufacturer’s stock after selling 2,460 shares during the period. Clear Creek Financial Management LLC’s holdings in Advanced Micro Devices were worth $1,961,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently modified their holdings of AMD. Brighton Jones LLC increased its holdings in shares of Advanced Micro Devices by 178.2% during the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after buying an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Advanced Micro Devices by 39.4% during the first quarter. Farther Finance Advisors LLC now owns 19,641 shares of the semiconductor manufacturer’s stock valued at $2,019,000 after purchasing an additional 5,554 shares during the last quarter. Pallas Capital Advisors LLC grew its stake in shares of Advanced Micro Devices by 119.6% during the first quarter. Pallas Capital Advisors LLC now owns 7,309 shares of the semiconductor manufacturer’s stock valued at $751,000 after purchasing an additional 3,980 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its stake in shares of Advanced Micro Devices by 39.1% during the first quarter. Harbor Capital Advisors Inc. now owns 35,086 shares of the semiconductor manufacturer’s stock valued at $3,605,000 after purchasing an additional 9,858 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.
Insider Buying and Selling at Advanced Micro Devices
In related news, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $226.01, for a total transaction of $648,196.68. Following the sale, the senior vice president directly owned 9,033 shares in the company, valued at $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the firm’s stock in a transaction 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 approximately $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 275,316 shares of company stock valued at $45,203,045 over the last quarter. 0.06% of the stock is currently owned by corporate insiders.
Advanced Micro Devices Trading Up 11.4%
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) 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). The firm 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 company’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.
Analysts Set New Price Targets
AMD has been the topic of several research analyst reports. JPMorgan Chase & Co. increased their price target on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the company a “neutral” rating in a research note on Wednesday, August 6th. Bank of America increased their price target on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. The Goldman Sachs Group increased their price target on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday. Cantor Fitzgerald reissued an “overweight” rating and set a $200.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Finally, Susquehanna increased their price target on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the company a “positive” rating in a research note on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, ten have issued a Hold rating and two have 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 target price of $217.70.
Check Out Our Latest Research Report on AMD
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.
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