Eads & Heald Wealth Management boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 13.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,900 shares of the semiconductor manufacturer’s stock after buying an additional 1,274 shares during the period. Eads & Heald Wealth Management’s holdings in Advanced Micro Devices were worth $1,547,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the stock. Dogwood Wealth Management LLC lifted its stake in shares of Advanced Micro Devices by 2,311.1% in 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 in the last quarter. West Branch Capital LLC grew its position in shares of Advanced Micro Devices by 3,057.1% during the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 214 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA grew its holdings in Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 200 shares in the last quarter. American Capital Advisory LLC increased its holdings in Advanced Micro Devices by 90.3% in the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 130 shares during the last quarter. Finally, Kozak & Associates Inc. increased its holdings in shares of Advanced Micro Devices by 67.6% in the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock valued at $29,000 after acquiring an additional 123 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
AMD has been the topic of a number of recent research reports. DZ Bank upgraded shares of Advanced Micro Devices from a “sell” rating to a “hold” rating and set a $165.00 price target on the stock in a research report on Thursday, August 7th. Melius Research upgraded Advanced Micro Devices from a “hold” rating to a “strong-buy” rating and increased their price target for the stock from $110.00 to $175.00 in a research report on Monday, June 23rd. TD Cowen boosted their price objective on Advanced Micro Devices from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Finally, UBS Group raised their target price on Advanced Micro Devices from $150.00 to $210.00 and gave the company a “buy” rating in a research note on Monday, July 28th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average target price of $180.88.
Advanced Micro Devices Trading Down 3.0%
Shares of NASDAQ:AMD opened at $164.67 on Monday. The company has a 50 day moving average of $165.94 and a 200-day moving average of $133.80. 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 firm has a market cap of $267.23 billion, a P/E ratio of 94.64, a P/E/G ratio of 1.94 and a beta of 1.90. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $186.65.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). The firm had revenue of $7.69 billion for 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%.Advanced Micro Devices’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.
Insider Transactions at Advanced Micro Devices
In related news, EVP Forrest Eugene Norrod sold 17,200 shares of Advanced Micro Devices stock in a transaction dated Wednesday, September 10th. The stock was 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 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the sale, the chief executive officer owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 272,448 shares of company stock worth $44,554,848. Corporate insiders own 0.06% of the company’s stock.
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.
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