Advanced Micro Devices, Inc. $AMD Shares Sold by Lockheed Martin Investment Management Co.

Lockheed Martin Investment Management Co. reduced its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,400 shares of the semiconductor manufacturer’s stock after selling 1,200 shares during the period. Lockheed Martin Investment Management Co.’s holdings in Advanced Micro Devices were worth $2,469,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Dogwood Wealth Management LLC raised its position 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 worth $30,000 after purchasing an additional 208 shares during the period. Avion Wealth raised its position in shares of Advanced Micro Devices by 49.3% during the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 72 shares during the period. West Branch Capital LLC raised its position in shares of Advanced Micro Devices by 3,057.1% during the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock worth $31,000 after purchasing an additional 214 shares during the period. Bear Mountain Capital Inc. raised its position in shares of Advanced Micro Devices by 75.0% during the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer’s stock worth $34,000 after purchasing an additional 150 shares during the period. Finally, Financial Network Wealth Advisors LLC raised its position in shares of Advanced Micro Devices by 185.3% during the first quarter. Financial Network Wealth Advisors LLC now owns 331 shares of the semiconductor manufacturer’s stock worth $34,000 after purchasing an additional 215 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Trading Down 3.6%

Shares of NASDAQ AMD opened at $254.84 on Friday. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The business has a 50-day moving average price of $189.40 and a two-hundred day moving average price of $151.72. The firm has a market capitalization of $413.57 billion, a PE ratio of 146.46, a PEG ratio of 2.42 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last issued 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). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same period in the previous year, the company earned $0.69 earnings per share. The business’s revenue for the quarter was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the transaction, the chief executive officer directly owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. This represents a 6.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the company’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total value of $2,767,996.00. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. 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.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on AMD. Piper Sandler reaffirmed an “overweight” rating and set a $240.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, October 7th. Benchmark boosted their target price on Advanced Micro Devices from $210.00 to $270.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. Barclays boosted their target price on Advanced Micro Devices from $200.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. Roth Capital set a $250.00 target price on Advanced Micro Devices and gave the stock a “buy” rating in a research report on Monday, October 6th. Finally, Jefferies Financial Group set a $300.00 target price on Advanced Micro Devices and gave the stock a “positive” rating in a research report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average target price of $234.68.

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.