Advanced Micro Devices, Inc. $AMD Shares Purchased by DAVENPORT & Co LLC

DAVENPORT & Co LLC lifted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 4.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,001 shares of the semiconductor manufacturer’s stock after acquiring an additional 736 shares during the quarter. DAVENPORT & Co LLC’s holdings in Advanced Micro Devices were worth $2,412,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Tritonpoint Wealth LLC grew its holdings in Advanced Micro Devices by 2.6% during the 2nd quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after acquiring an additional 72 shares during the period. Scott & Selber Inc. grew its holdings in Advanced Micro Devices by 0.7% during the 2nd quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after acquiring an additional 73 shares during the period. Sandy Cove Advisors LLC grew its holdings in Advanced Micro Devices by 1.4% during the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after acquiring an additional 75 shares during the period. Pine Haven Investment Counsel Inc grew its holdings in Advanced Micro Devices by 3.3% during the 2nd quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock worth $381,000 after acquiring an additional 85 shares during the period. Finally, Seaview Investment Managers LLC grew its holdings in Advanced Micro Devices by 4.3% during the 1st quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer’s stock worth $232,000 after acquiring an additional 93 shares during the period. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $235.56 on Thursday. The firm has a market cap of $382.28 billion, a PE ratio of 135.38, a PEG ratio of 2.50 and a beta of 1.90. The company has a current ratio of 2.49, a quick ratio of 1.81 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 $235.87. The company has a fifty day moving average price of $168.34 and a 200 day moving average price of $135.71.

Advanced Micro Devices (NASDAQ:AMD) last announced its 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 company had revenue of $7.69 billion during 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 for the quarter was up 31.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the business’s stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the sale, the executive vice president directly owned 1,713,710 shares of the company’s stock, valued at $265,676,461.30. The trade was a 1.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Ava Hahn sold 2,868 shares of the business’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 sale, the senior vice president directly owned 9,033 shares in the company, valued at $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 275,316 shares of company stock worth $45,203,045. Company insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on AMD shares. Seaport Res Ptn lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 4th. Dbs Bank raised shares of Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a report on Monday. Citigroup boosted their price target on shares of Advanced Micro Devices from $180.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday. Raymond James Financial boosted their price target on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $200.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and an average target price of $217.70.

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.