Resolute Wealth Strategies LLC Has $343,000 Stock Position in Advanced Micro Devices, Inc. $AMD

Resolute Wealth Strategies LLC lessened its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 17.7% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 2,414 shares of the semiconductor manufacturer’s stock after selling 520 shares during the period. Resolute Wealth Strategies LLC’s holdings in Advanced Micro Devices were worth $343,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of AMD. Southeast Asset Advisors LLC raised its holdings in Advanced Micro Devices by 22.8% during the second 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 last quarter. Columbia Bank raised its holdings 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 during the last quarter. Laurel Wealth Advisors LLC lifted its position in Advanced Micro Devices by 14,090.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 156,658 shares of the semiconductor manufacturer’s stock valued at $22,230,000 after acquiring an additional 155,554 shares in the last quarter. Edmond DE Rothschild Holding S.A. boosted its stake in Advanced Micro Devices by 1.6% during the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 48,196 shares of the semiconductor manufacturer’s stock valued at $6,839,000 after purchasing an additional 766 shares during the last quarter. Finally, Atalanta Sosnoff Capital LLC purchased a new stake in shares of Advanced Micro Devices in the second quarter worth approximately $27,962,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,108 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the sale, the executive vice president directly owned 1,714,505 shares in the company, valued at approximately $411,686,940.60. The trade was a 0.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the completion of the transaction, the senior vice president owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 75,676 shares of company stock valued at $16,124,589 in the last 90 days. 0.06% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on AMD shares. Piper Sandler reissued an “overweight” rating and issued a $280.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. CICC Research upgraded shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 target price for the company in a report on Friday, November 7th. DZ Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target on the stock in a report on Wednesday, October 8th. Dbs Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 6th. Finally, 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 research note on Wednesday, November 5th. 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, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus target price of $278.54.

Advanced Micro Devices Trading Up 5.5%

Shares of AMD opened at $215.05 on Tuesday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08. The business has a 50-day moving average of $215.59 and a 200 day moving average of $169.74. The firm has a market cap of $350.11 billion, a P/E ratio of 123.59, a price-to-earnings-growth ratio of 2.42 and a beta of 1.93. 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 (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, beating the consensus estimate of $1.17 by $0.03. The business had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company’s revenue was up 35.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 earnings per share. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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.