Advanced Micro Devices, Inc. $AMD Shares Purchased by Wealth Alliance LLC

Wealth Alliance LLC increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 51.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,549 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,884 shares during the quarter. Wealth Alliance LLC’s holdings in Advanced Micro Devices were worth $787,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Cornerstone Advisory LLC boosted its holdings in Advanced Micro Devices by 1.4% during the second quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer’s stock valued at $606,000 after purchasing an additional 57 shares in the last quarter. Tritonpoint Wealth LLC increased its stake in Advanced Micro Devices by 2.6% in the 2nd quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock valued at $405,000 after buying an additional 72 shares during the last quarter. Avion Wealth raised its holdings in Advanced Micro Devices by 49.3% in the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after acquiring an additional 72 shares during the period. Scott & Selber Inc. grew its position in Advanced Micro Devices by 0.7% during the second quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after buying an additional 73 shares in the last quarter. Finally, Sandy Cove Advisors LLC raised its stake in shares of Advanced Micro Devices by 1.4% during the second quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock valued at $776,000 after acquiring an additional 75 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Mark D. Papermaster sold 16,800 shares of the firm’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the sale, the executive vice president owned 1,714,505 shares in the company, valued at $384,529,181.40. This trade represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $2,041,548.33. The trade was a 24.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 264,118 shares of company stock valued at $44,448,619 in the last three months. 0.06% of the stock is currently owned by insiders.

Advanced Micro Devices Stock Down 1.1%

Advanced Micro Devices stock traded down $2.94 during midday trading on Thursday, reaching $255.95. The company’s stock had a trading volume of 10,489,343 shares, compared to its average volume of 49,929,422. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The stock’s 50-day simple moving average is $204.41 and its 200-day simple moving average is $162.06. The stock has a market capitalization of $416.70 billion, a P/E ratio of 147.13, a PEG ratio of 2.42 and a beta of 1.93. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The company had revenue of $9.25 billion during the quarter, compared to analysts’ expectations of $8.76 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.92 earnings per share. Advanced Micro Devices has set its Q4 2025 guidance at EPS. On average, sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on AMD. Melius Research set a $380.00 target price on shares of Advanced Micro Devices in a report on Wednesday. Robert W. Baird set a $300.00 price target on Advanced Micro Devices in a research report on Wednesday, November 5th. Dbs Bank upgraded Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a report on Monday, October 6th. Roth Capital reaffirmed a “buy” rating and set a $300.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft set a $235.00 price target on Advanced Micro Devices and gave the company a “hold” rating in a report on Tuesday, October 14th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $273.49.

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.