Paradigm Asset Management Co. LLC Sells 800 Shares of Advanced Micro Devices, Inc. $AMD

Paradigm Asset Management Co. LLC lessened its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 30.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,867 shares of the semiconductor manufacturer’s stock after selling 800 shares during the quarter. Paradigm Asset Management Co. LLC’s holdings in Advanced Micro Devices were worth $265,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of AMD. Wise Wealth Partners acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at about $343,000. Waterfront Wealth Inc. purchased a new position in Advanced Micro Devices in the second quarter worth approximately $1,145,000. Parisi Gray Wealth Management acquired a new position in shares of Advanced Micro Devices in the 2nd quarter worth approximately $343,000. Cornercap Investment Counsel Inc. increased its stake in Advanced Micro Devices by 43.3% during the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock worth $1,738,000 after purchasing an additional 3,702 shares during the period. Finally, Davis Investment Partners LLC purchased a new stake in shares of Advanced Micro Devices during the second quarter worth $736,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Trading Down 1.8%

Shares of Advanced Micro Devices stock opened at $233.54 on Friday. The company has a 50-day moving average of $199.34 and a two-hundred day moving average of $158.85. The stock has a market cap of $380.21 billion, a PE ratio of 134.22, a price-to-earnings-growth ratio of 2.42 and a beta of 1.93. 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 12-month low of $76.48 and a 12-month high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.03. The firm had revenue of $9.25 billion during the quarter, compared to the consensus estimate of $8.76 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 35.6% on a year-over-year basis. During the same period last year, the business posted $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Mark D. Papermaster sold 16,800 shares of the stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total value of $3,767,904.00. Following the sale, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at approximately $384,529,181.40. This represents a 0.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the transaction, the senior vice president owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 274,118 shares of company stock worth $46,180,719. 0.06% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on AMD. Benchmark lifted their price target on Advanced Micro Devices from $270.00 to $325.00 and gave the stock a “buy” rating in a report on Wednesday. Rosenblatt Securities lifted their target price on Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Wednesday. Roth Capital raised their price target on Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday. Morgan Stanley lifted their target price on Advanced Micro Devices from $246.00 to $260.00 and gave the company an “equal weight” rating in a research note on Wednesday. Finally, Wells Fargo & Company increased their price target on Advanced Micro Devices from $275.00 to $300.00 and gave the stock an “overweight” rating in a report on Thursday, October 30th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average target price of $263.26.

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.