Advanced Micro Devices, Inc. $AMD Shares Acquired by Moran Wealth Management LLC

Moran Wealth Management LLC lifted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 28.1% in the second quarter, Holdings Channel reports. The institutional investor owned 17,569 shares of the semiconductor manufacturer’s stock after buying an additional 3,852 shares during the quarter. Moran Wealth Management LLC’s holdings in Advanced Micro Devices were worth $2,493,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Jag Capital Management LLC acquired a new stake in shares of Advanced Micro Devices during the second quarter worth approximately $11,880,000. Alpine Woods Capital Investors LLC acquired a new stake in shares of Advanced Micro Devices during the second quarter worth approximately $269,000. Nadler Financial Group Inc. grew its position in shares of Advanced Micro Devices by 13.3% during the second quarter. Nadler Financial Group Inc. now owns 2,851 shares of the semiconductor manufacturer’s stock worth $405,000 after buying an additional 335 shares in the last quarter. NorthRock Partners LLC lifted its stake in Advanced Micro Devices by 7.9% during the second quarter. NorthRock Partners LLC now owns 31,330 shares of the semiconductor manufacturer’s stock worth $4,446,000 after purchasing an additional 2,296 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its stake in Advanced Micro Devices by 0.7% during the second quarter. Oregon Public Employees Retirement Fund now owns 140,236 shares of the semiconductor manufacturer’s stock worth $19,899,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AMD. Melius Research set a $300.00 price objective on Advanced Micro Devices in a research note on Monday, October 6th. Jefferies Financial Group set a $300.00 price objective on Advanced Micro Devices and gave the stock a “positive” rating in a research note on Monday, October 6th. Wedbush raised their price objective on Advanced Micro Devices from $190.00 to $270.00 and gave the stock an “outperform” rating in a research note on Wednesday. Roth Capital set a $250.00 price objective on Advanced Micro Devices and gave the stock a “buy” rating in a research note on Monday, October 6th. Finally, Bank of America raised their price objective on Advanced Micro Devices from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $231.00.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $238.60 on Thursday. The business’s 50-day moving average price is $173.51 and its 200 day moving average price is $139.66. The firm has a market cap of $387.21 billion, a P/E ratio of 137.13, a PEG ratio of 2.56 and a beta of 1.90. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $240.10. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The firm had revenue of $7.69 billion for the quarter, compared to analyst estimates 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 was up 31.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction dated Monday, October 6th. The stock was 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 in the company, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the sale, the executive vice president owned 125,505 shares of the company’s stock, valued at $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 257,318 shares of company stock worth $42,412,815. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices 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.