1,413 Shares in Advanced Micro Devices, Inc. $AMD Acquired by D.B. Root & Company LLC

D.B. Root & Company LLC bought a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,413 shares of the semiconductor manufacturer’s stock, valued at approximately $201,000.

A number of other hedge funds have also modified their holdings of the business. Comprehensive Financial Consultants Institutional Inc. increased its position in shares of Advanced Micro Devices by 21.6% during the 2nd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 20,576 shares of the semiconductor manufacturer’s stock worth $2,920,000 after purchasing an additional 3,655 shares during the last quarter. Belpointe Asset Management LLC increased its position in shares of Advanced Micro Devices by 184.1% during the second quarter. Belpointe Asset Management LLC now owns 18,994 shares of the semiconductor manufacturer’s stock valued at $2,695,000 after acquiring an additional 12,308 shares during the last quarter. Investors Asset Management of Georgia Inc. GA ADV raised its stake in shares of Advanced Micro Devices by 1.7% in the 2nd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 27,164 shares of the semiconductor manufacturer’s stock valued at $3,855,000 after acquiring an additional 446 shares during the period. Confluence Wealth Services Inc. acquired a new position in shares of Advanced Micro Devices in the 2nd quarter worth approximately $311,000. Finally, Eads & Heald Wealth Management lifted its holdings in shares of Advanced Micro Devices by 13.2% in the 2nd quarter. Eads & Heald Wealth Management now owns 10,900 shares of the semiconductor manufacturer’s stock worth $1,547,000 after acquiring an additional 1,274 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AMD has been the topic of a number of research analyst reports. Benchmark boosted their target price on Advanced Micro Devices from $210.00 to $270.00 and gave the company a “buy” rating in a research report on Monday. Stifel Nicolaus set a $240.00 price objective on Advanced Micro Devices in a report on Monday. JPMorgan Chase & Co. raised their target price on Advanced Micro Devices from $120.00 to $180.00 and gave the company a “neutral” rating in a report on Wednesday, August 6th. Raymond James Financial lifted their target price on Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Finally, The Goldman Sachs Group raised shares of Advanced Micro Devices to a “hold” rating and set a $140.00 price target on the stock in a research report on Thursday, July 10th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $198.30.

Insider Activity

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 2,250 shares of Advanced Micro Devices stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the sale, the executive vice president directly owned 311,598 shares of the company’s stock, valued at $51,416,785.98. The trade was a 0.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction dated Tuesday, August 12th. The shares were 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 owned 125,505 shares in the company, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 272,448 shares of company stock valued at $44,554,848 in the last 90 days. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $203.71 on Tuesday. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $226.71. The stock has a market capitalization of $330.59 billion, a PE ratio of 117.07, a PEG ratio of 1.94 and a beta of 1.90. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The stock has a 50-day simple moving average of $166.54 and a 200-day simple moving average of $134.48.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same period last year, the business earned $0.69 EPS. The firm’s revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share 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.