Investors Asset Management of Georgia Inc. GA ADV Has $3.86 Million Stock Position in Advanced Micro Devices, Inc. $AMD

Investors Asset Management of Georgia Inc. GA ADV grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 1.7% during the 2nd quarter, Holdings Channel reports. The firm owned 27,164 shares of the semiconductor manufacturer’s stock after purchasing an additional 446 shares during the quarter. Advanced Micro Devices makes up about 1.8% of Investors Asset Management of Georgia Inc. GA ADV’s investment portfolio, making the stock its 10th biggest position. Investors Asset Management of Georgia Inc. GA ADV’s holdings in Advanced Micro Devices were worth $3,855,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in AMD. Confluence Wealth Services Inc. acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter worth about $311,000. Eads & Heald Wealth Management grew its stake in Advanced Micro Devices by 13.2% during the second quarter. Eads & Heald Wealth Management now owns 10,900 shares of the semiconductor manufacturer’s stock worth $1,547,000 after buying an additional 1,274 shares during the last quarter. Duncan Williams Asset Management LLC increased its holdings in shares of Advanced Micro Devices by 32.5% during the second quarter. Duncan Williams Asset Management LLC now owns 4,297 shares of the semiconductor manufacturer’s stock worth $610,000 after buying an additional 1,055 shares in the last quarter. Petros Family Wealth LLC raised its stake in shares of Advanced Micro Devices by 5.6% in the second quarter. Petros Family Wealth LLC now owns 3,993 shares of the semiconductor manufacturer’s stock valued at $567,000 after acquiring an additional 211 shares during the last quarter. Finally, Knights of Columbus Asset Advisors LLC boosted its holdings in shares of Advanced Micro Devices by 20.3% in the 2nd quarter. Knights of Columbus Asset Advisors LLC now owns 11,674 shares of the semiconductor manufacturer’s stock worth $1,657,000 after acquiring an additional 1,967 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling

In other news, EVP Paul Darren Grasby sold 10,000 shares of the company’s stock in a transaction dated 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 directly owned 125,505 shares of the company’s stock, valued at $21,738,721.05. This represents a 7.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of the 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 sale, the chief executive officer owned 3,359,748 shares in the company, valued at $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 272,448 shares of company stock valued at $44,554,848 over the last 90 days. 0.06% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

AMD has been the subject of a number of recent analyst reports. Erste Group Bank cut Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Thursday, September 11th. Evercore ISI raised their target price on Advanced Micro Devices from $144.00 to $188.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. Mizuho lifted their price target on Advanced Micro Devices from $183.00 to $205.00 and gave the company an “outperform” rating in a report on Thursday, August 14th. Jefferies Financial Group increased their price objective on shares of Advanced Micro Devices from $100.00 to $160.00 in a report on Wednesday, July 16th. Finally, Benchmark raised their price objective on shares of Advanced Micro Devices from $170.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $180.88.

Read Our Latest Report on AMD

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $164.67 on Monday. The firm has a fifty day moving average of $165.94 and a two-hundred day moving average of $133.80. The stock 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 52 week low of $76.48 and a 52 week high of $186.65. 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 (NASDAQ:AMDGet Free Report) last posted its quarterly 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 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 in the prior year, the business earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices Company Profile

(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.

See Also

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

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