Revolve Wealth Partners LLC Sells 572 Shares of Advanced Micro Devices, Inc. $AMD

Revolve Wealth Partners LLC lessened its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,541 shares of the semiconductor manufacturer’s stock after selling 572 shares during the quarter. Revolve Wealth Partners LLC’s holdings in Advanced Micro Devices were worth $1,070,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Brighton Jones LLC raised its holdings in 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. GAMMA Investing LLC lifted its stake in Advanced Micro Devices by 18.7% in the 1st quarter. GAMMA Investing LLC now owns 19,554 shares of the semiconductor manufacturer’s stock valued at $2,009,000 after acquiring an additional 3,084 shares in the last quarter. Ritholtz Wealth Management lifted its stake in Advanced Micro Devices by 1.8% in the 1st quarter. Ritholtz Wealth Management now owns 22,088 shares of the semiconductor manufacturer’s stock valued at $2,269,000 after acquiring an additional 383 shares in the last quarter. Sound Income Strategies LLC increased its holdings in Advanced Micro Devices by 17.2% during the first quarter. Sound Income Strategies LLC now owns 1,728 shares of the semiconductor manufacturer’s stock worth $178,000 after buying an additional 253 shares during the last quarter. Finally, Atlas Private Wealth Advisors increased its holdings in Advanced Micro Devices by 15.6% during the first quarter. Atlas Private Wealth Advisors now owns 2,169 shares of the semiconductor manufacturer’s stock worth $223,000 after buying an additional 293 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Transactions at Advanced Micro Devices

In related news, 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 value of $1,732,100.00. Following the completion of the sale, the executive vice president directly owned 125,505 shares in the company, valued at $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the completion of the sale, the senior vice president owned 9,033 shares in the company, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold 257,318 shares of company stock valued at $42,412,815 over the last 90 days. Insiders own 0.06% of the company’s stock.

Wall Street Analysts Forecast Growth

AMD has been the subject of a number of recent research reports. Cantor Fitzgerald reissued an “overweight” rating and issued a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Roth Capital set a $250.00 target price on shares of Advanced Micro Devices and gave the company a “buy” rating in a research report on Monday, October 6th. Citigroup raised their price objective on shares of Advanced Micro Devices from $180.00 to $215.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 7th. Sanford C. Bernstein increased their target price on Advanced Micro Devices from $95.00 to $140.00 and gave the stock a “market perform” rating in a report on Monday, July 21st. Finally, Susquehanna boosted their price objective on 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 research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $221.64.

Advanced Micro Devices Price Performance

AMD opened at $216.42 on Tuesday. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $240.10. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The stock has a fifty day simple moving average of $171.12 and a two-hundred day simple moving average of $138.42. The company has a market cap of $351.22 billion, a price-to-earnings ratio of 124.38, a price-to-earnings-growth ratio of 2.52 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). The business had revenue of $7.69 billion during 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%.Advanced Micro Devices’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share 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.