Barrett & Company Inc. Buys 896 Shares of Advanced Micro Devices, Inc. $AMD

Barrett & Company Inc. increased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 46.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,821 shares of the semiconductor manufacturer’s stock after acquiring an additional 896 shares during the period. Barrett & Company Inc.’s holdings in Advanced Micro Devices were worth $400,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of AMD. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in shares of Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 200 shares during the last quarter. American Capital Advisory LLC raised its position in Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 130 shares during the last quarter. Kozak & Associates Inc. raised its position in Advanced Micro Devices by 67.6% during the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock valued at $29,000 after purchasing an additional 123 shares during the last quarter. Dogwood Wealth Management LLC raised its position in Advanced Micro Devices by 2,311.1% during the 2nd 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 last quarter. Finally, West Branch Capital LLC raised its position in Advanced Micro Devices by 3,057.1% during the 2nd 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 last quarter. Institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on AMD. Hsbc Global Res raised Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Sanford C. Bernstein upped their price target on Advanced Micro Devices from $95.00 to $140.00 and gave the company a “market perform” rating in a research report on Monday, July 21st. Raymond James Financial upped their price target on Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Morgan Stanley lowered their price target on Advanced Micro Devices from $185.00 to $168.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 6th. Finally, Bank of America increased their target price on Advanced Micro Devices from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Tuesday, July 29th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $180.88.

Read Our Latest Research Report on AMD

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $164.67 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. The company has a market capitalization of $267.23 billion, a P/E ratio of 94.64, a PEG ratio of 2.00 and a beta of 1.90. The stock’s 50 day moving average is $165.94 and its 200 day moving average is $133.43. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $186.65.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last posted its quarterly 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 company had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business’s quarterly revenue was up 31.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Advanced Micro Devices 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 transaction of $1,732,100.00. Following the sale, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the sale, the chief executive officer owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 272,448 shares of company stock valued at $44,554,848. 0.06% of the stock is currently owned by company insiders.

Advanced Micro Devices 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.

See Also

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

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