Freedom Investment Management Inc. Has $1.06 Million Stake in Advanced Micro Devices, Inc. $AMD

Freedom Investment Management Inc. trimmed its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 10.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,490 shares of the semiconductor manufacturer’s stock after selling 861 shares during the period. Freedom Investment Management Inc.’s holdings in Advanced Micro Devices were worth $1,063,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Ethic Inc. lifted its holdings in shares of Advanced Micro Devices by 22.7% in the second quarter. Ethic Inc. now owns 79,196 shares of the semiconductor manufacturer’s stock valued at $11,389,000 after purchasing an additional 14,662 shares in the last quarter. Caliber Wealth Management LLC KS raised its stake in Advanced Micro Devices by 21.3% in the second quarter. Caliber Wealth Management LLC KS now owns 14,069 shares of the semiconductor manufacturer’s stock valued at $1,996,000 after buying an additional 2,472 shares during the period. ARK Investment Management LLC raised its stake in Advanced Micro Devices by 90.4% in the second quarter. ARK Investment Management LLC now owns 2,708,105 shares of the semiconductor manufacturer’s stock valued at $384,280,000 after buying an additional 1,285,634 shares during the period. Rehmann Capital Advisory Group raised its stake in Advanced Micro Devices by 12.5% in the second quarter. Rehmann Capital Advisory Group now owns 9,530 shares of the semiconductor manufacturer’s stock valued at $1,352,000 after buying an additional 1,056 shares during the period. Finally, Adams Diversified Equity Fund Inc. acquired a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $18,163,000. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Price Performance

AMD stock opened at $234.99 on Friday. The company has a market capitalization of $381.35 billion, a P/E ratio of 135.05, a price-to-earnings-growth ratio of 2.10 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 52-week low of $76.48 and a 52-week high of $242.88. The business has a 50-day simple moving average of $180.58 and a two-hundred day simple moving average of $145.45.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results 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 firm had revenue of $7.69 billion for 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 period in the prior year, the business earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on AMD. Weiss Ratings downgraded Advanced Micro Devices from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, October 8th. Jefferies Financial Group set a $300.00 target price on Advanced Micro Devices and gave the company a “positive” rating in a report on Monday, October 6th. Erste Group Bank downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Thursday, September 11th. Wells Fargo & Company raised their target price on Advanced Micro Devices from $185.00 to $275.00 and gave the company an “overweight” rating in a report on Tuesday, October 7th. Finally, DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target for the company in a research note on Wednesday, October 8th. Three equities 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 assigned a Sell rating to the stock. According to data from MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $233.94.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 2,250 shares of the business’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 completion of the transaction, the executive vice president directly owned 311,598 shares in the company, valued at $51,416,785.98. The trade was a 0.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 transaction of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares of the company’s stock, valued at $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 274,118 shares of company stock worth $46,180,719. Company insiders own 0.06% 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.