North Star Asset Management Inc. Cuts Stock Position in Advanced Micro Devices, Inc. $AMD

North Star Asset Management Inc. lowered its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 94,478 shares of the semiconductor manufacturer’s stock after selling 15,026 shares during the quarter. North Star Asset Management Inc.’s holdings in Advanced Micro Devices were worth $13,406,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Manchester Capital Management LLC increased its position in shares of Advanced Micro Devices by 3.4% during the second quarter. Manchester Capital Management LLC now owns 10,970 shares of the semiconductor manufacturer’s stock valued at $1,557,000 after buying an additional 357 shares during the period. Advisors Asset Management Inc. boosted its holdings in shares of Advanced Micro Devices by 16.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 26,091 shares of the semiconductor manufacturer’s stock valued at $3,702,000 after buying an additional 3,674 shares in the last quarter. Southeast Asset Advisors LLC grew its position in shares of Advanced Micro Devices by 22.8% in the 2nd quarter. Southeast Asset Advisors LLC now owns 5,525 shares of the semiconductor manufacturer’s stock worth $784,000 after buying an additional 1,025 shares during the period. Columbia Bank increased its stake in shares of Advanced Micro Devices by 43.0% in the 2nd quarter. Columbia Bank now owns 5,606 shares of the semiconductor manufacturer’s stock worth $773,000 after acquiring an additional 1,685 shares in the last quarter. Finally, Laurel Wealth Advisors LLC increased its stake in shares of Advanced Micro Devices by 14,090.0% during the second quarter. Laurel Wealth Advisors LLC now owns 156,658 shares of the semiconductor manufacturer’s stock valued at $22,230,000 after purchasing an additional 155,554 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction on 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 in the company, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the completion of the sale, the executive vice president owned 300,348 shares of the company’s stock, valued at approximately $68,890,820.76. This represents a 6.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 75,676 shares of company stock worth $16,124,589 in the last 90 days. 0.06% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

AMD has been the subject of several recent analyst reports. Wolfe Research set a $300.00 target price on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Truist Financial restated a “buy” rating and issued a $279.00 target price (up previously from $273.00) on shares of Advanced Micro Devices in a report on Wednesday, November 5th. CICC Research upgraded Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price target for the company in a research note on Friday, November 7th. Susquehanna reiterated a “positive” rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a research note on Friday, October 31st. Finally, Seaport Res Ptn downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 4th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $278.54.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $215.05 on Tuesday. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $267.08. The firm’s fifty day moving average is $215.59 and its 200 day moving average is $169.74. The company has a market cap of $350.11 billion, a price-to-earnings ratio of 123.59, a PEG ratio of 2.42 and a beta of 1.93.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results 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 for 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%.The company’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

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.