First Bancorp Inc ME Sells 415 Shares of Advanced Micro Devices, Inc. $AMD

First Bancorp Inc ME lessened its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 14.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,391 shares of the semiconductor manufacturer’s stock after selling 415 shares during the period. First Bancorp Inc ME’s holdings in Advanced Micro Devices were worth $339,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Dogwood Wealth Management LLC raised its holdings in shares of Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 208 shares during the last quarter. West Branch Capital LLC increased its position in Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 214 shares in the last quarter. High Note Wealth LLC increased its stake in shares of Advanced Micro Devices by 285.5% in the second quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer’s stock worth $38,000 after purchasing an additional 197 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA increased its stake in shares of Advanced Micro Devices by 277.8% in the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 200 shares in the last quarter. Finally, American Capital Advisory LLC increased its stake in shares of Advanced Micro Devices by 90.3% in the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 130 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Stifel Nicolaus set a $240.00 target price on shares of Advanced Micro Devices in a research report on Monday, October 6th. Melius Research set a $300.00 price objective on shares of Advanced Micro Devices in a research report on Monday, October 6th. Roth Capital set a $250.00 target price on shares of Advanced Micro Devices and gave the stock a “buy” rating in a report on Monday, October 6th. Barclays lifted their price objective on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, October 6th. Finally, Citigroup lifted their price objective on shares of Advanced Micro Devices from $180.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $233.94.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 17,200 shares of the business’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the transaction, the executive vice president directly owned 313,848 shares in the company, valued at approximately $50,507,558.64. The trade was a 5.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 274,118 shares of company stock worth $46,180,719. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Down 0.6%

Shares of Advanced Micro Devices stock opened at $233.08 on Friday. The firm’s 50 day moving average price is $175.96 and its 200-day moving average price is $141.73. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $241.20. The company has a market cap of $378.25 billion, a P/E ratio of 133.95, a PEG ratio of 2.32 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results 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 analysts’ expectations 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 for the quarter was up 31.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

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.