Advanced Micro Devices (NASDAQ:AMD) Cut to Sell (D+) at Weiss Ratings

Weiss Ratings lowered shares of Advanced Micro Devices (NASDAQ:AMD) from a hold (c-) rating to a sell (d+) rating in a research report sent to investors on Wednesday,Weiss Ratings reports.

AMD has been the subject of a number of other reports. Roth Capital set a $250.00 target price on Advanced Micro Devices and gave the stock a “buy” rating in a research note on Monday. HSBC decreased their price target on shares of Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating for the company in a research note on Tuesday, September 9th. UBS Group raised their price target on shares of Advanced Micro Devices from $210.00 to $265.00 and gave the stock a “buy” rating in a research note on Tuesday. Melius Research set a $300.00 price target on shares of Advanced Micro Devices in a research note on Monday. Finally, Susquehanna raised their price target on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the stock a “positive” rating in a research note on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average target price of $218.25.

Advanced Micro Devices Price Performance

NASDAQ AMD opened at $214.76 on Wednesday. The business has a 50 day simple moving average of $170.33 and a 200 day simple moving average of $137.22. Advanced Micro Devices has a 52-week low of $76.48 and a 52-week high of $240.10. 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 stock has a market cap of $348.51 billion, a price-to-earnings ratio of 123.42, a PEG ratio of 2.74 and a beta of 1.90.

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

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,998 shares of the business’s stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the completion of the sale, the executive vice president owned 1,713,710 shares of the company’s stock, valued at approximately $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the sale, the executive vice president directly owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 275,316 shares of company stock worth $45,203,045. 0.06% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Advanced Micro Devices

Institutional investors have recently modified their holdings of the business. Wise Wealth Partners bought a new stake in shares of Advanced Micro Devices in the second quarter valued at about $343,000. Parisi Gray Wealth Management bought a new stake in shares of Advanced Micro Devices in the second quarter valued at about $343,000. Davis Investment Partners LLC acquired a new position in Advanced Micro Devices in the second quarter valued at about $736,000. REAP Financial Group LLC raised its stake in Advanced Micro Devices by 16.9% in the second quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer’s stock valued at $170,000 after purchasing an additional 173 shares in the last quarter. Finally, Sivia Capital Partners LLC raised its stake in 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 valued at $758,000 after purchasing an additional 2,970 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

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.