Wilmington Savings Fund Society FSB Sells 913 Shares of Advanced Micro Devices, Inc. $AMD

Wilmington Savings Fund Society FSB cut its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,663 shares of the semiconductor manufacturer’s stock after selling 913 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Advanced Micro Devices were worth $1,229,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in AMD. Kingstone Capital Partners Texas LLC bought a new stake in Advanced Micro Devices in the 2nd quarter valued at $958,422,000. Goldman Sachs Group Inc. raised its holdings in Advanced Micro Devices by 169.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock valued at $1,012,538,000 after acquiring an additional 6,200,850 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in Advanced Micro Devices by 131.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock valued at $1,069,846,000 after acquiring an additional 5,915,185 shares in the last quarter. Nuveen LLC acquired a new position in Advanced Micro Devices in the 1st quarter valued at $436,746,000. Finally, Parnassus Investments LLC raised its holdings in Advanced Micro Devices by 47,883.5% in the 1st quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock valued at $425,592,000 after acquiring an additional 4,133,785 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Insider Transactions at Advanced Micro Devices

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 completion of the transaction, the chief executive officer 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 Securities & Exchange Commission, which is available at this link. Also, SVP Ava Hahn sold 2,868 shares of the company’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 directly 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 can be found here. Insiders sold 257,318 shares of company stock worth $42,412,815 in the last 90 days. 0.06% of the stock is currently owned by company insiders.

Analyst Ratings Changes

AMD has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft set a $235.00 price objective on Advanced Micro Devices and gave the company a “hold” rating in a report on Tuesday. Roth Capital set a $250.00 price objective on Advanced Micro Devices and gave the company a “buy” rating in a report on Monday, October 6th. Wolfe Research set a $300.00 price objective on Advanced Micro Devices and gave the company an “outperform” rating in a report on Tuesday. The Goldman Sachs Group lifted their price objective on Advanced Micro Devices from $150.00 to $210.00 and gave the company a “neutral” rating in a report on Wednesday, October 8th. Finally, Mizuho boosted their price target on Advanced Micro Devices from $205.00 to $275.00 and gave the stock an “outperform” rating in a report on Monday. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $231.00.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $234.56 on Friday. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $241.20. The stock has a fifty day moving average of $174.75 and a 200-day moving average of $140.57. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The stock has a market capitalization of $380.65 billion, a P/E ratio of 134.80, a price-to-earnings-growth ratio of 2.38 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 (EPS) for the quarter, missing analysts’ consensus estimates 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 EPS. Advanced Micro Devices’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. On average, sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share 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.