Naviter Wealth LLC Purchases 363 Shares of Advanced Micro Devices, Inc. $AMD

Naviter Wealth LLC lifted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,885 shares of the semiconductor manufacturer’s stock after acquiring an additional 363 shares during the period. Naviter Wealth LLC’s holdings in Advanced Micro Devices were worth $2,538,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Wise Wealth Partners bought a new stake in shares of Advanced Micro Devices in the 2nd quarter worth $343,000. Parisi Gray Wealth Management purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at $343,000. Davis Investment Partners LLC bought a new stake in Advanced Micro Devices in the 2nd quarter worth about $736,000. REAP Financial Group LLC raised its position in Advanced Micro Devices by 16.9% in the 2nd quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer’s stock worth $170,000 after buying an additional 173 shares during the last quarter. Finally, Sivia Capital Partners LLC raised its position in Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after buying an additional 2,970 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AMD has been the topic of a number of recent analyst reports. Wedbush reaffirmed a “cautious” rating on shares of Advanced Micro Devices in a report on Saturday, August 9th. Piper Sandler restated an “overweight” rating and issued a $240.00 target price on shares of Advanced Micro Devices in a report on Tuesday, October 7th. The Goldman Sachs Group lifted their target price on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 8th. Roth Capital set a $250.00 price target on Advanced Micro Devices and gave the company a “buy” rating in a report on Monday, October 6th. Finally, Melius Research set a $300.00 price target on Advanced Micro Devices in a research note on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $221.64.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the firm’s 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 sale, the executive vice president owned 125,505 shares in the company, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices 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 directly owned 9,033 shares in the company, valued at $2,041,548.33. This represents 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 over the last ninety days. 0.06% of the stock is owned by corporate insiders.

Advanced Micro Devices Trading Up 0.7%

Shares of AMD stock opened at $216.42 on Tuesday. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $240.10. The firm has a fifty day moving average price of $171.12 and a 200-day moving average price of $138.42. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The company has a market cap of $351.22 billion, a price-to-earnings ratio of 124.38, a PEG ratio of 2.52 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS 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 the consensus estimate of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.Advanced Micro Devices’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share 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.