Linscomb Wealth Inc. Acquires 2,776 Shares of Advanced Micro Devices, Inc. $AMD

Linscomb Wealth Inc. grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 15.4% in the second quarter, Holdings Channel.com reports. The firm owned 20,830 shares of the semiconductor manufacturer’s stock after buying an additional 2,776 shares during the period. Linscomb Wealth Inc.’s holdings in Advanced Micro Devices were worth $2,956,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wise Wealth Partners bought a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $343,000. Waterfront Wealth Inc. bought a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $1,145,000. Parisi Gray Wealth Management bought a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $343,000. Davis Investment Partners LLC purchased a new stake in Advanced Micro Devices in the second quarter valued at approximately $736,000. Finally, REAP Financial Group LLC raised its stake in Advanced Micro Devices by 16.9% in the second quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer’s stock valued at $170,000 after purchasing an additional 173 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Mark D. Papermaster sold 16,800 shares of Advanced Micro Devices stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total value of $3,767,904.00. Following the sale, the executive vice president owned 1,714,505 shares in the company, valued at $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Forrest Eugene Norrod sold 2,250 shares of Advanced Micro Devices stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the sale, the executive vice president owned 311,598 shares in the company, valued at approximately $51,416,785.98. This trade represents a 0.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 274,118 shares of company stock valued at $46,180,719 over the last quarter. 0.06% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AMD. Raymond James Financial raised their target price on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. Wolfe Research set a $300.00 target price on shares of Advanced Micro Devices and gave the company an “outperform” rating in a research note on Tuesday, October 14th. Evercore ISI raised their target price on shares of Advanced Micro Devices from $188.00 to $240.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Barclays raised 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 note on Monday, October 6th. Finally, Weiss Ratings downgraded shares of Advanced Micro Devices from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $237.32.

Advanced Micro Devices Stock Up 0.5%

Shares of NASDAQ AMD opened at $256.12 on Friday. 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 $267.08. The firm’s fifty day moving average is $191.16 and its 200 day moving average is $152.84. The company has a market cap of $415.64 billion, a price-to-earnings ratio of 147.20, a PEG ratio of 2.42 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last issued 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). 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 during the quarter, compared to analysts’ expectations of $7.41 billion. During the same period in the previous year, the firm earned $0.69 earnings per share. The firm’s quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

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.