Duncan Williams Asset Management LLC Buys 1,055 Shares of Advanced Micro Devices, Inc. $AMD

Duncan Williams Asset Management LLC boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 32.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,297 shares of the semiconductor manufacturer’s stock after buying an additional 1,055 shares during the quarter. Duncan Williams Asset Management LLC’s holdings in Advanced Micro Devices were worth $610,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Advanced Micro Devices in the 2nd quarter worth $958,422,000. Goldman Sachs Group Inc. raised its holdings in shares of Advanced Micro Devices by 169.7% in the first quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock valued at $1,012,538,000 after acquiring an additional 6,200,850 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in Advanced Micro Devices by 131.5% in the first quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock worth $1,069,846,000 after acquiring an additional 5,915,185 shares during the period. Nuveen LLC bought a new position in Advanced Micro Devices during the 1st quarter worth about $436,746,000. Finally, Parnassus Investments LLC grew its holdings in Advanced Micro Devices by 47,883.5% during the 1st quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock worth $425,592,000 after acquiring an additional 4,133,785 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Trading Down 3.0%

Shares of Advanced Micro Devices stock opened at $164.67 on Monday. The firm’s 50 day simple moving average is $165.94 and its two-hundred day simple moving average is $133.80. The firm has a market capitalization of $267.23 billion, a price-to-earnings ratio of 94.64, a PEG ratio of 1.94 and a beta of 1.90. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.06). The firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. Advanced Micro Devices’s revenue was up 31.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the company’s stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the sale, the executive vice president directly owned 1,713,710 shares of the company’s stock, valued at approximately $265,676,461.30. This represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the sale, the executive vice president owned 125,505 shares in the company, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 272,448 shares of company stock worth $44,554,848. 0.06% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Hsbc Global Res raised shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Mizuho boosted their price objective on shares of Advanced Micro Devices from $183.00 to $205.00 and gave the stock an “outperform” rating in a research note on Thursday, August 14th. Wells Fargo & Company increased their target price on Advanced Micro Devices from $120.00 to $185.00 and gave the company an “overweight” rating in a research report on Wednesday, July 16th. Jefferies Financial Group boosted their price target on Advanced Micro Devices from $100.00 to $160.00 in a research report on Wednesday, July 16th. Finally, Erste Group Bank cut Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Thursday, September 11th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.88.

About Advanced Micro Devices

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.