Argentarii LLC acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,498 shares of the semiconductor manufacturer’s stock, valued at approximately $213,000.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Parisi Gray Wealth Management bought a new position in shares of Advanced Micro Devices in the 2nd quarter valued at about $343,000. Davis Investment Partners LLC acquired a new stake in Advanced Micro Devices in the 2nd quarter valued at about $736,000. Sivia Capital Partners LLC grew its holdings in Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after purchasing an additional 2,970 shares during the period. Fragasso Financial Advisors Inc increased its position in Advanced Micro Devices by 151.3% during the second quarter. Fragasso Financial Advisors Inc now owns 5,628 shares of the semiconductor manufacturer’s stock worth $799,000 after buying an additional 3,388 shares during the last quarter. Finally, Modern Wealth Management LLC bought a new stake in Advanced Micro Devices in the first quarter valued at approximately $644,000. 71.34% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
AMD has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft set a $200.00 target price on Advanced Micro Devices in a report on Wednesday, August 6th. UBS Group upped their price objective on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the company a “buy” rating in a report on Monday, July 28th. Barclays raised their target price on shares of Advanced Micro Devices from $130.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 6th. Wells Fargo & Company upped their price target on shares of Advanced Micro Devices from $120.00 to $185.00 and gave the company an “overweight” rating in a research note on Wednesday, July 16th. Finally, Susquehanna increased their price target on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the company a “positive” rating in a report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $180.88.
Advanced Micro Devices Stock Performance
Advanced Micro Devices stock opened at $160.90 on Wednesday. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The stock has a market cap of $261.11 billion, a PE ratio of 92.47, a P/E/G ratio of 1.88 and a beta of 1.92. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65. The business’s 50-day moving average price is $165.40 and its two-hundred day moving average price is $130.18.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The company had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.
Insider Activity at Advanced Micro Devices
In other news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value 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 represents a 7.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the business’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total value of $2,767,996.00. Following the sale, the executive vice president owned 313,848 shares in the company, valued at $50,507,558.64. This represents a 5.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 270,198 shares of company stock valued at $44,183,576 over the last three months. 0.06% of the stock is currently owned by corporate insiders.
Advanced Micro Devices 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.
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