USAdvisors Wealth Management LLC increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 14.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,084 shares of the semiconductor manufacturer’s stock after acquiring an additional 510 shares during the quarter. USAdvisors Wealth Management LLC’s holdings in Advanced Micro Devices were worth $579,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Mount Vernon Associates Inc. MD acquired a new stake in Advanced Micro Devices during the 2nd quarter worth $275,000. Clarius Group LLC raised its stake in Advanced Micro Devices by 19.9% during the 2nd quarter. Clarius Group LLC now owns 11,761 shares of the semiconductor manufacturer’s stock worth $1,669,000 after acquiring an additional 1,955 shares in the last quarter. Financial Insights Inc. raised its stake in Advanced Micro Devices by 4.3% during the 2nd quarter. Financial Insights Inc. now owns 2,272 shares of the semiconductor manufacturer’s stock worth $322,000 after acquiring an additional 93 shares in the last quarter. Accel Wealth Management raised its stake in Advanced Micro Devices by 8.2% during the 2nd quarter. Accel Wealth Management now owns 5,323 shares of the semiconductor manufacturer’s stock worth $755,000 after acquiring an additional 404 shares in the last quarter. Finally, Checchi Capital Advisers LLC raised its stake in Advanced Micro Devices by 5.5% during the 2nd quarter. Checchi Capital Advisers LLC now owns 9,028 shares of the semiconductor manufacturer’s stock worth $1,281,000 after acquiring an additional 469 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts have commented on AMD shares. Sanford C. Bernstein lifted their price objective on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the company a “market perform” rating in a research note on Monday, July 21st. Mizuho lifted their price objective on shares of Advanced Micro Devices from $183.00 to $205.00 and gave the company an “outperform” rating in a research note on Thursday, August 14th. Barclays lifted their price objective on shares of Advanced Micro Devices from $130.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, August 6th. Raymond James Financial lifted their price objective on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. Finally, Bank of America lifted their price objective on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and an average target price of $180.88.
Insider Activity at Advanced Micro Devices
In related news, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the sale, the executive vice president owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the business’s 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 sale, the executive vice president directly owned 311,598 shares in the company, valued at approximately $51,416,785.98. This represents a 0.72% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 272,448 shares of company stock worth $44,554,848 in the last ninety days. Corporate insiders own 0.06% of the company’s stock.
Advanced Micro Devices Stock Down 3.0%
Shares of NASDAQ:AMD opened at $164.67 on Friday. The company has a market cap of $267.23 billion, a price-to-earnings ratio of 94.64, a PEG ratio of 1.94 and a beta of 1.90. The firm’s 50-day simple moving average is $165.94 and its 200-day simple moving average is $133.62. 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 fifty-two week low of $76.48 and a fifty-two week high of $186.65.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) 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). The firm had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm’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 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.
About Advanced Micro Devices
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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