Cromwell Holdings LLC Boosts Holdings in Advanced Micro Devices, Inc. $AMD

Cromwell Holdings LLC raised its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 12.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,251 shares of the semiconductor manufacturer’s stock after purchasing an additional 581 shares during the period. Cromwell Holdings LLC’s holdings in Advanced Micro Devices were worth $745,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Tritonpoint Wealth LLC lifted its stake in shares of Advanced Micro Devices by 2.6% in the second quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after buying an additional 72 shares in the last quarter. Scott & Selber Inc. lifted its stake in shares of Advanced Micro Devices by 0.7% in the second quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after buying an additional 73 shares in the last quarter. Sandy Cove Advisors LLC lifted its stake in shares of Advanced Micro Devices by 1.4% in the second quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after buying an additional 75 shares in the last quarter. Pine Haven Investment Counsel Inc lifted its stake in shares of Advanced Micro Devices by 3.3% in the second quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock worth $381,000 after buying an additional 85 shares in the last quarter. Finally, Seaview Investment Managers LLC lifted its stake in shares of Advanced Micro Devices by 4.3% in the first quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer’s stock worth $232,000 after buying an additional 93 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Price Performance

Shares of AMD opened at $169.73 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65. The stock has a market cap of $275.44 billion, a PE ratio of 97.55, a P/E/G ratio of 1.93 and a beta of 1.90. The firm has a 50-day simple moving average of $165.97 and a two-hundred day simple moving average of $133.01. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

Advanced Micro Devices (NASDAQ:AMD) last announced 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). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same quarter in the prior year, the business earned $0.69 earnings per share. Advanced Micro Devices’s revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,998 shares of the firm’s stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the completion of the transaction, the executive vice president owned 1,713,710 shares of the company’s stock, valued at approximately $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the transaction, the executive vice president owned 313,848 shares of the company’s stock, valued at $50,507,558.64. This trade represents a 5.20% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 272,448 shares of company stock worth $44,554,848. 0.06% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on AMD shares. Stifel Nicolaus raised their price target on shares of Advanced Micro Devices from $161.00 to $190.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Benchmark raised their price objective on shares of Advanced Micro Devices from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Hsbc Global Res upgraded shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Barclays raised their price objective on shares of Advanced Micro Devices from $130.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. Finally, Bank of America raised their price objective on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Tuesday, July 29th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $180.88.

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.