Advanced Micro Devices, Inc. $AMD Shares Bought by Center for Financial Planning Inc.

Center for Financial Planning Inc. grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 28.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,006 shares of the semiconductor manufacturer’s stock after purchasing an additional 879 shares during the period. Center for Financial Planning Inc.’s holdings in Advanced Micro Devices were worth $568,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Dogwood Wealth Management LLC increased its holdings in shares of Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 208 shares during the period. Avion Wealth increased its holdings in shares of Advanced Micro Devices by 49.3% during the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 72 shares during the period. West Branch Capital LLC increased its holdings in shares of Advanced Micro Devices by 3,057.1% during the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 214 shares during the period. Bear Mountain Capital Inc. increased its holdings in shares of Advanced Micro Devices by 75.0% during the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer’s stock valued at $34,000 after purchasing an additional 150 shares during the period. Finally, Financial Network Wealth Advisors LLC increased its holdings in shares of Advanced Micro Devices by 185.3% during the first quarter. Financial Network Wealth Advisors LLC now owns 331 shares of the semiconductor manufacturer’s stock valued at $34,000 after purchasing an additional 215 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction on 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 completion of the transaction, the executive vice president owned 125,505 shares in the company, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total value of $2,767,996.00. Following the completion of the sale, the executive vice president directly owned 313,848 shares of the company’s stock, valued at approximately $50,507,558.64. This represents a 5.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 274,118 shares of company stock worth $46,180,719 over the last three months. Company insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on AMD shares. 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. KGI Securities set a $260.00 target price on Advanced Micro Devices and gave the company an “outperform” rating in a research note on Monday, October 13th. Erste Group Bank cut Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Thursday, September 11th. Melius Research set a $300.00 target price on Advanced Micro Devices in a research note on Monday, October 6th. Finally, Wells Fargo & Company raised their target price on Advanced Micro Devices from $275.00 to $300.00 and gave the company an “overweight” rating in a research note on Thursday. Three research 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $237.32.

Check Out Our Latest Research Report on AMD

Advanced Micro Devices Trading Up 0.5%

NASDAQ:AMD opened at $256.12 on Friday. 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, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08. The firm has a market capitalization of $415.64 billion, a price-to-earnings ratio of 147.20, a price-to-earnings-growth ratio of 2.42 and a beta of 1.90. The stock has a fifty day simple moving average of $191.16 and a 200 day simple moving average of $152.84.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last released 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). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same quarter last year, the business earned $0.69 EPS. The company’s revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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