Paradigm Asset Management Co. LLC Decreases Stock Holdings in Advanced Micro Devices, Inc. $AMD

Paradigm Asset Management Co. LLC cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 30.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Wise Wealth Partners acquired a new stake in Advanced Micro Devices in the 2nd quarter valued at approximately $343,000. Waterfront Wealth Inc. acquired a new stake in shares of Advanced Micro Devices in the 2nd quarter worth approximately $1,145,000. Parisi Gray Wealth Management acquired a new position in shares of Advanced Micro Devices during the 2nd quarter worth approximately $343,000. Cornercap Investment Counsel Inc. grew its stake in Advanced Micro Devices by 43.3% in the 2nd quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock worth $1,738,000 after acquiring an additional 3,702 shares during the period. Finally, Davis Investment Partners LLC acquired a new position in Advanced Micro Devices during the second quarter worth approximately $736,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Barclays increased their price objective on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. Loop Capital set a $290.00 price target on shares of Advanced Micro Devices and gave the company a “buy” rating in a report on Wednesday. Stifel Nicolaus upped their target price on Advanced Micro Devices from $240.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday. Robert W. Baird set a $300.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $200.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and a consensus price target of $263.26.

Insider Transactions at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices 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 completion of the transaction, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of the stock in a transaction that occurred on Monday, October 6th. The shares were 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 position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 274,118 shares of company stock valued at $46,180,719. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $233.54 on Friday. The firm has a market capitalization of $380.21 billion, a P/E ratio of 134.22, a P/E/G ratio of 2.42 and a beta of 1.93. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08. The firm’s 50-day moving average price is $199.34 and its 200-day moving average price is $158.85. 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 (NASDAQ:AMD) last announced its quarterly earnings data 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. 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%.The business’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal 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.