Prosperity Financial Group Inc. Sells 647 Shares of Advanced Micro Devices, Inc. $AMD

Prosperity Financial Group Inc. lessened its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,097 shares of the semiconductor manufacturer’s stock after selling 647 shares during the quarter. Prosperity Financial Group Inc.’s holdings in Advanced Micro Devices were worth $1,149,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMD. Farmers & Merchants Trust Co of Chambersburg PA raised its stake in Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 200 shares during the period. American Capital Advisory LLC raised its stake in Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 130 shares during the period. Dogwood Wealth Management LLC raised its stake in Advanced Micro Devices by 2,311.1% during the 2nd 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 period. West Branch Capital LLC raised its stake in Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 214 shares during the period. Finally, Bear Mountain Capital Inc. raised its stake in Advanced Micro Devices by 75.0% during the 1st quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer’s stock valued at $34,000 after purchasing an additional 150 shares during the period. Institutional investors own 71.34% of the company’s stock.

Insider Transactions at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices stock in a transaction that occurred 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 transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president 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. In the last quarter, insiders have sold 274,118 shares of company stock worth $46,180,719. 0.06% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $230.23 on Thursday. The stock has a market cap of $373.63 billion, a price-to-earnings ratio of 132.32, a price-to-earnings-growth ratio of 2.18 and a beta of 1.90. 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 50 day moving average price of $179.50 and a 200-day moving average price of $144.41. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $242.88.

Advanced Micro Devices (NASDAQ:AMD) last announced its 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 company had revenue of $7.69 billion during 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%.Advanced Micro Devices’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Wells Fargo & Company lifted their target price on Advanced Micro Devices from $185.00 to $275.00 and gave the company an “overweight” rating in a research note on Tuesday, October 7th. Hsbc Global Res upgraded Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. Benchmark raised their price target on Advanced Micro Devices from $210.00 to $270.00 and gave the company a “buy” rating in a report on Monday, October 6th. Cantor Fitzgerald restated an “overweight” rating and set a $200.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Finally, Susquehanna raised their price target on Advanced Micro Devices from $135.00 to $210.00 and gave the company a “positive” rating in a report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average price target of $233.94.

Advanced Micro Devices 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.