Metis Global Partners LLC Sells 10,689 Shares of Advanced Micro Devices, Inc. $AMD

Metis Global Partners LLC lowered its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 102,044 shares of the semiconductor manufacturer’s stock after selling 10,689 shares during the period. Metis Global Partners LLC’s holdings in Advanced Micro Devices were worth $14,480,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Legacy Investment Solutions LLC bought a new position in shares of Advanced Micro Devices in the second quarter valued at $57,000. Summit Wealth & Retirement Planning Inc. acquired a new stake in Advanced Micro Devices in the second quarter valued at $233,000. Penserra Capital Management LLC grew its position in shares of Advanced Micro Devices by 16.9% in the 2nd quarter. Penserra Capital Management LLC now owns 218,195 shares of the semiconductor manufacturer’s stock valued at $30,961,000 after acquiring an additional 31,592 shares during the period. Vestmark Advisory Solutions Inc. increased its stake in shares of Advanced Micro Devices by 163.1% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 76,434 shares of the semiconductor manufacturer’s stock worth $10,846,000 after purchasing an additional 47,380 shares during the last quarter. Finally, Nvwm LLC increased its stake in shares of Advanced Micro Devices by 6.5% during the 2nd quarter. Nvwm LLC now owns 24,895 shares of the semiconductor manufacturer’s stock worth $3,533,000 after purchasing an additional 1,519 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Transactions at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 10,000 shares of the firm’s stock in a transaction that occurred 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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $226.01, for a total value of $648,196.68. Following the completion of the sale, the senior vice president owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 274,118 shares of company stock worth $46,180,719. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD opened at $233.54 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The firm has a market cap of $379.00 billion, a price-to-earnings ratio of 134.22, a P/E/G ratio of 2.42 and a beta of 1.93. The stock’s fifty day moving average price is $199.34 and its two-hundred day moving average price is $158.35. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $9.25 billion during the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter in the previous year, the business posted $0.92 earnings per share. Advanced Micro Devices’s quarterly revenue was up 35.6% on a year-over-year basis. Advanced Micro Devices has set its Q4 2025 guidance at EPS. On average, equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analyst Ratings Changes

AMD has been the topic of a number of recent analyst reports. Sanford C. Bernstein boosted their price target on Advanced Micro Devices from $95.00 to $140.00 and gave the stock a “market perform” rating in a research report on Monday, July 21st. Stifel Nicolaus lifted their target price on Advanced Micro Devices from $240.00 to $280.00 and gave the stock a “buy” rating in a research note on Wednesday. UBS Group boosted their target price on Advanced Micro Devices from $265.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday. Morgan Stanley raised their price target on Advanced Micro Devices from $246.00 to $260.00 and gave the company an “equal weight” rating in a report on Wednesday. Finally, Susquehanna reaffirmed a “positive” rating and set a $300.00 price objective on shares of Advanced Micro Devices in a research report on Friday, October 31st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $263.26.

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.