Boothe Investment Group Inc. Grows Stock Position in Advanced Micro Devices, Inc. $AMD

Boothe Investment Group Inc. lifted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 80,552 shares of the semiconductor manufacturer’s stock after buying an additional 643 shares during the quarter. Advanced Micro Devices accounts for about 4.4% of Boothe Investment Group Inc.’s holdings, making the stock its 8th biggest position. Boothe Investment Group Inc.’s holdings in Advanced Micro Devices were worth $11,430,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Brighton Jones LLC lifted its stake in Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after buying an additional 29,438 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after acquiring an additional 234 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Advanced Micro Devices by 18.7% in the 1st quarter. GAMMA Investing LLC now owns 19,554 shares of the semiconductor manufacturer’s stock worth $2,009,000 after acquiring an additional 3,084 shares in the last quarter. Moran Wealth Management LLC grew its stake in shares of Advanced Micro Devices by 2.3% in the 1st quarter. Moran Wealth Management LLC now owns 13,717 shares of the semiconductor manufacturer’s stock worth $1,409,000 after acquiring an additional 304 shares in the last quarter. Finally, Bessemer Group Inc. boosted its holdings in shares of Advanced Micro Devices by 5.7% in the 1st quarter. Bessemer Group Inc. now owns 23,706 shares of the semiconductor manufacturer’s stock worth $2,435,000 after buying an additional 1,283 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction that occurred 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 transaction, the executive vice president directly owned 313,848 shares in the company, valued at $50,507,558.64. This trade represents a 5.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 16,800 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the transaction, the executive vice president owned 1,714,505 shares in the company, valued at $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 274,118 shares of company stock valued at $46,180,719 in the last 90 days. 0.06% of the stock is owned by company insiders.

Advanced Micro Devices Stock Up 7.6%

AMD stock opened at $252.92 on Friday. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The company’s 50 day moving average is $182.09 and its 200 day moving average is $146.65. The stock has a market cap of $410.45 billion, a price-to-earnings ratio of 145.36, a price-to-earnings-growth ratio of 2.15 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $253.39.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data 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 the consensus estimate of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter last year, the company posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analyst Ratings Changes

AMD has been the topic of a number of research analyst reports. Melius Research set a $300.00 price target on shares of Advanced Micro Devices in a report on Monday, October 6th. Stifel Nicolaus set a $240.00 target price on shares of Advanced Micro Devices in a research report on Monday, October 6th. Raymond James Financial increased their target price on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. Morgan Stanley increased their target price on shares of Advanced Micro Devices from $168.00 to $246.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 7th. Finally, Wells Fargo & Company increased their target price on shares of Advanced Micro Devices from $185.00 to $275.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $233.94.

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.