Blume Capital Management Inc. Has $55,000 Stake in Advanced Micro Devices, Inc. $AMD

Blume Capital Management Inc. grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 66.7% during the second quarter, HoldingsChannel.com reports. The firm owned 390 shares of the semiconductor manufacturer’s stock after buying an additional 156 shares during the quarter. Blume Capital Management Inc.’s holdings in Advanced Micro Devices were worth $55,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in 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 in the last quarter. American Capital Advisory LLC grew its stake in shares of Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 130 shares in the last quarter. Dogwood Wealth Management LLC raised its holdings in shares of Advanced Micro Devices by 2,311.1% in 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 last quarter. West Branch Capital LLC lifted its position in shares of Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock worth $31,000 after purchasing an additional 214 shares in the last quarter. Finally, Bear Mountain Capital Inc. boosted its holdings in Advanced Micro Devices by 75.0% during the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer’s stock worth $34,000 after purchasing an additional 150 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AMD has been the subject of a number of analyst reports. Roth Capital set a $250.00 target price on shares of Advanced Micro Devices and gave the company a “buy” rating in a research report on Monday, October 6th. Hsbc Global Res upgraded Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. Wells Fargo & Company lifted their target price on Advanced Micro Devices from $185.00 to $275.00 and gave the company an “overweight” rating in a research report on Tuesday, October 7th. UBS Group upped their target price on Advanced Micro Devices from $210.00 to $265.00 and gave the stock a “buy” rating in a report on Tuesday, October 7th. Finally, Stifel Nicolaus set a $240.00 price target on Advanced Micro Devices in a research note on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $233.94.

Advanced Micro Devices Trading Down 1.1%

Shares of NASDAQ:AMD opened at $238.03 on Wednesday. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $242.88. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The company has a market capitalization of $386.29 billion, a P/E ratio of 136.80, a price-to-earnings-growth ratio of 2.20 and a beta of 1.90. The company has a 50-day simple moving average of $178.59 and a 200 day simple moving average of $143.81.

Advanced Micro Devices (NASDAQ:AMD) last announced 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). The business had revenue of $7.69 billion for 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 quarterly revenue was up 31.7% compared to the same quarter last year. During the same period last year, the firm earned $0.69 EPS. 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.

Insider Buying and Selling at Advanced Micro Devices

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

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.