Fiduciary Financial Group LLC Makes New Investment in Advanced Micro Devices, Inc. $AMD

Fiduciary Financial Group LLC bought a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 4,639 shares of the semiconductor manufacturer’s stock, valued at approximately $631,000.

Several other hedge funds have also made changes to their positions in AMD. Vanguard Group Inc. grew its holdings in shares of Advanced Micro Devices by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer’s stock worth $15,654,222,000 after purchasing an additional 2,157,199 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Advanced Micro Devices by 9.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 21,401,436 shares of the semiconductor manufacturer’s stock worth $2,585,079,000 after purchasing an additional 1,929,225 shares during the period. Amundi grew its stake in shares of Advanced Micro Devices by 8.0% in the 1st quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock valued at $1,677,014,000 after purchasing an additional 1,319,064 shares during the period. Invesco Ltd. lifted its position in shares of Advanced Micro Devices by 4.0% during the 1st quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer’s stock worth $1,214,285,000 after buying an additional 450,695 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in Advanced Micro Devices by 4.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer’s stock valued at $1,083,815,000 after buying an additional 466,048 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at $550,897,879.56. This represents a 6.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the completion of the transaction, the executive vice president 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 disclosure for this sale can be found here. In the last 90 days, insiders sold 270,198 shares of company stock valued at $44,183,576. Company insiders own 0.06% of the company’s stock.

Wall Street Analysts Forecast Growth

AMD has been the topic of several recent analyst reports. Roth Capital set a $150.00 target price on shares of Advanced Micro Devices and gave the company a “buy” rating in a research note on Friday, June 13th. TD Cowen raised their price objective on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Wedbush reissued a “cautious” rating on shares of Advanced Micro Devices in a report on Saturday, August 9th. DZ Bank raised Advanced Micro Devices from a “sell” rating to a “hold” rating and set a $165.00 target price for the company in a research note on Thursday, August 7th. Finally, Melius raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $175.00 price target for the company in a research note on Monday, June 23rd. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $180.88.

Get Our Latest Stock Report on AMD

Advanced Micro Devices Stock Up 1.9%

AMD stock opened at $158.57 on Friday. The firm has a market capitalization of $257.33 billion, a PE ratio of 91.13, a PEG ratio of 1.83 and a beta of 1.92. 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 business’s 50 day simple moving average is $163.13 and its 200 day simple moving average is $127.12. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last issued its quarterly earnings data 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 company 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%.The company’s revenue was up 31.7% on a year-over-year basis. During the same quarter last year, the business earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

About Advanced Micro Devices

(Free Report)

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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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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