Leelyn Smith LLC Grows Stake in Advanced Micro Devices, Inc. $AMD

Leelyn Smith LLC grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 18.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 8,956 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,382 shares during the period. Leelyn Smith LLC’s holdings in Advanced Micro Devices were worth $1,271,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of AMD. Wise Wealth Partners purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at $343,000. Parisi Gray Wealth Management purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at $343,000. Davis Investment Partners LLC purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at $736,000. REAP Financial Group LLC grew its holdings in shares of Advanced Micro Devices by 16.9% during the second quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer’s stock valued at $170,000 after buying an additional 173 shares during the last quarter. Finally, Sivia Capital Partners LLC grew its holdings in shares of Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after buying an additional 2,970 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, 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 value of $36,893,250.00. Following the completion of the sale, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. This represents a 6.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction 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 approximately $21,738,721.05. This trade represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 274,118 shares of company stock worth $46,180,719 in the last 90 days. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Up 7.6%

AMD stock opened at $252.92 on Friday. The company’s 50-day simple moving average is $182.09 and its 200-day simple moving average is $146.65. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $253.39. The firm has a market cap of $410.45 billion, a P/E ratio of 145.36, a PEG ratio of 2.15 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last posted 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). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. During the same period in the previous year, the company earned $0.69 earnings per share. The company’s revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

AMD has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the company a “neutral” rating in a report on Wednesday, August 6th. Citigroup boosted their target price on shares of Advanced Micro Devices from $180.00 to $215.00 and gave the company a “neutral” rating in a research report on Tuesday, October 7th. Piper Sandler restated an “overweight” rating and set a $240.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, October 7th. Barclays boosted their target price on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, October 6th. Finally, Seaport Res Ptn downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 4th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average price target of $233.94.

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.