Atlantic Edge Private Wealth Management LLC Purchases 5,464 Shares of Advanced Micro Devices, Inc. $AMD

Atlantic Edge Private Wealth Management LLC raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 35.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,712 shares of the semiconductor manufacturer’s stock after buying an additional 5,464 shares during the period. Atlantic Edge Private Wealth Management LLC’s holdings in Advanced Micro Devices were worth $2,939,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pittenger & Anderson Inc. acquired a new position in Advanced Micro Devices in the second quarter valued at about $219,000. Phoenix Financial Ltd. boosted its position in Advanced Micro Devices by 15.9% in the second quarter. Phoenix Financial Ltd. now owns 50,038 shares of the semiconductor manufacturer’s stock valued at $7,100,000 after buying an additional 6,848 shares in the last quarter. Avidian Wealth Enterprises LLC boosted its position in Advanced Micro Devices by 85.6% in the second quarter. Avidian Wealth Enterprises LLC now owns 5,181 shares of the semiconductor manufacturer’s stock valued at $735,000 after buying an additional 2,390 shares in the last quarter. Journey Advisory Group LLC boosted its position in Advanced Micro Devices by 6.0% in the second quarter. Journey Advisory Group LLC now owns 5,298 shares of the semiconductor manufacturer’s stock valued at $752,000 after buying an additional 300 shares in the last quarter. Finally, First Interstate Bank acquired a new position in Advanced Micro Devices in the second quarter valued at about $230,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Micro Devices

In related news, SVP Ava Hahn sold 2,868 shares of the business’s 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 completion of the sale, the senior vice president directly owned 9,033 shares of the company’s stock, valued at $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the sale, the chief executive officer directly owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. The trade was a 6.28% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 274,118 shares of company stock valued at $46,180,719 over the last 90 days. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Up 3.2%

AMD opened at $240.56 on Tuesday. 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 $390.39 billion, a price-to-earnings ratio of 138.25, a price-to-earnings-growth ratio of 2.32 and a beta of 1.90. The firm has a 50 day simple moving average of $177.32 and a 200 day simple moving average of $143.15. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $242.88.

Advanced Micro Devices (NASDAQ:AMD) 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 business had revenue of $7.69 billion for 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%.The company’s quarterly revenue was up 31.7% on a year-over-year basis. During the same period last year, the firm earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Morgan Stanley boosted their price target on shares of Advanced Micro Devices from $168.00 to $246.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 7th. Truist Financial restated a “buy” rating and issued a $273.00 price target (up from $213.00) on shares of Advanced Micro Devices in a research report on Tuesday, October 7th. Seaport Res Ptn downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 4th. Hsbc Global Res raised shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 10th. Finally, Barclays boosted their target price on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus price target of $233.94.

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.