Bridgewater Advisors Inc. Buys 1,003 Shares of Advanced Micro Devices, Inc. $AMD

Bridgewater Advisors Inc. raised its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 16.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,103 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,003 shares during the period. Bridgewater Advisors Inc.’s holdings in Advanced Micro Devices were worth $1,008,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Wellington Shields Capital Management LLC grew its stake in shares of Advanced Micro Devices by 1.0% in the 2nd quarter. Wellington Shields Capital Management LLC now owns 52,130 shares of the semiconductor manufacturer’s stock worth $7,397,000 after buying an additional 500 shares in the last quarter. K.J. Harrison & Partners Inc bought a new position in shares of Advanced Micro Devices during the 2nd quarter worth approximately $2,887,000. Machina Capital S.A.S. raised its stake in shares of Advanced Micro Devices by 8.5% during the 2nd quarter. Machina Capital S.A.S. now owns 22,940 shares of the semiconductor manufacturer’s stock worth $3,255,000 after acquiring an additional 1,790 shares in the last quarter. Westside Investment Management Inc. raised its stake in shares of Advanced Micro Devices by 30.2% during the 2nd quarter. Westside Investment Management Inc. now owns 13,264 shares of the semiconductor manufacturer’s stock worth $1,851,000 after acquiring an additional 3,074 shares in the last quarter. Finally, Texas Bank & Trust Co raised its stake in shares of Advanced Micro Devices by 86.0% during the 2nd quarter. Texas Bank & Trust Co now owns 10,060 shares of the semiconductor manufacturer’s stock worth $1,428,000 after acquiring an additional 4,650 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Trading Up 0.5%

NASDAQ AMD opened at $256.12 on Monday. The firm has a 50 day simple moving average of $191.16 and a 200-day simple moving average of $153.70. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The firm has a market cap of $415.64 billion, a price-to-earnings ratio of 147.20, a PEG ratio of 2.42 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. During the same period in the previous year, the business posted $0.69 EPS. The company’s revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Benchmark boosted their target price on shares of Advanced Micro Devices from $210.00 to $270.00 and gave the stock a “buy” rating in a research report on Monday, October 6th. DZ Bank raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 target price on the stock in a research report on Wednesday, October 8th. UBS Group increased their price target on shares of Advanced Micro Devices from $210.00 to $265.00 and gave the stock a “buy” rating in a report on Tuesday, October 7th. Susquehanna reissued a “positive” rating and set a $300.00 price target on shares of Advanced Micro Devices in a report on Friday. Finally, Sanford C. Bernstein increased their price target on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the stock a “market perform” rating in a report on Monday, July 21st. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $237.32.

Insider Transactions at Advanced Micro Devices

In related news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president directly owned 125,505 shares of the company’s stock, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 in the company, valued at $50,507,558.64. The trade was a 5.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 274,118 shares of company stock worth $46,180,719. Insiders own 0.06% of the company’s stock.

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.