Whittier Trust Co. Sells 1,556 Shares of Advanced Micro Devices, Inc. $AMD

Whittier Trust Co. decreased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,203 shares of the semiconductor manufacturer’s stock after selling 1,556 shares during the period. Whittier Trust Co.’s holdings in Advanced Micro Devices were worth $3,009,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Wise Wealth Partners bought a new stake in Advanced Micro Devices in the second quarter worth about $343,000. Parisi Gray Wealth Management purchased a new position in shares of Advanced Micro Devices in the second quarter worth about $343,000. Davis Investment Partners LLC purchased a new position in shares of Advanced Micro Devices in the second quarter worth about $736,000. REAP Financial Group LLC increased its stake in shares of 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 worth $170,000 after purchasing an additional 173 shares in the last quarter. Finally, Sivia Capital Partners LLC increased its stake in shares of 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 worth $758,000 after purchasing an additional 2,970 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 16,800 shares of the company’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the completion of the sale, the executive vice president directly owned 1,714,505 shares in the company, valued at $384,529,181.40. This represents a 0.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the company’s stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total transaction of $371,272.50. Following the sale, the executive vice president owned 311,598 shares of the company’s stock, valued at $51,416,785.98. This represents a 0.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 274,118 shares of company stock worth $46,180,719 over the last ninety days. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Down 3.3%

Shares of AMD opened at $230.23 on Thursday. The firm has a market cap of $373.63 billion, a price-to-earnings ratio of 132.32, a PEG 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. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $242.88. The firm has a 50 day moving average price of $179.50 and a 200-day moving average price of $144.41.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data 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 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%.The company’s revenue was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.