North Forty Two & Co. purchased a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,670 shares of the semiconductor manufacturer’s stock, valued at approximately $237,000.
A number of other institutional investors also recently made changes to their positions in the stock. Wise Wealth Partners acquired a new position in Advanced Micro Devices during the second quarter worth approximately $343,000. Waterfront Wealth Inc. acquired a new position in shares of Advanced Micro Devices in the 2nd quarter valued at about $1,145,000. Parisi Gray Wealth Management purchased a new stake in shares of Advanced Micro Devices during the 2nd quarter worth about $343,000. Cornercap Investment Counsel Inc. lifted its position in Advanced Micro Devices by 43.3% during the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock valued at $1,738,000 after buying an additional 3,702 shares in the last quarter. Finally, Davis Investment Partners LLC purchased a new stake in Advanced Micro Devices during the second quarter worth approximately $736,000. 71.34% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Advanced Micro Devices
In other Advanced Micro Devices news, SVP Ava Hahn sold 2,868 shares of the stock in a transaction 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 sale, the senior vice president directly owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark D. Papermaster sold 16,800 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the completion of the transaction, the executive vice president owned 1,714,505 shares in the company, valued at approximately $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 264,118 shares of company stock worth $44,448,619 in the last ninety days. 0.06% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Analysis on Advanced Micro Devices
Advanced Micro Devices Stock Down 4.3%
NASDAQ:AMD opened at $230.29 on Wednesday. The stock has a 50-day simple moving average of $211.32 and a 200 day simple moving average of $166.59. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The company has a market capitalization of $374.92 billion, a price-to-earnings ratio of 132.35, a price-to-earnings-growth ratio of 2.42 and a beta of 1.92. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, topping the consensus estimate of $1.17 by $0.03. The company had revenue of $9.25 billion during the quarter, compared to analyst estimates 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 was up 35.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS 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.
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