Noesis Capital Mangement Corp Has $12.78 Million Stock Position in Advanced Micro Devices, Inc. $AMD

Noesis Capital Mangement Corp lowered its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 90,092 shares of the semiconductor manufacturer’s stock after selling 201 shares during the quarter. Advanced Micro Devices makes up approximately 2.2% of Noesis Capital Mangement Corp’s investment portfolio, making the stock its 18th largest position. Noesis Capital Mangement Corp’s holdings in Advanced Micro Devices were worth $12,784,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. American Capital Advisory LLC increased its position in shares of 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 acquiring an additional 130 shares during the last quarter. Dogwood Wealth Management LLC increased its position in Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 208 shares during the last quarter. Avion Wealth increased its position in Advanced Micro Devices by 49.3% during the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 72 shares during the last quarter. West Branch Capital LLC increased its position in 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 during the last quarter. Finally, Bear Mountain Capital Inc. increased its position in Advanced Micro Devices by 75.0% during the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer’s stock worth $34,000 after buying an additional 150 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on AMD shares. Cantor Fitzgerald reissued an “overweight” rating and set a $200.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Truist Financial reissued a “buy” rating and set a $273.00 price target (up previously from $213.00) on shares of Advanced Micro Devices in a research report on Tuesday, October 7th. Mizuho raised their target price on shares of Advanced Micro Devices from $205.00 to $275.00 and gave the stock an “outperform” rating in a research note on Monday, October 13th. The Goldman Sachs Group raised their target price on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. raised their target price on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $233.94.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 16,800 shares of the stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the sale, the executive vice president owned 1,714,505 shares of the company’s stock, valued at $384,529,181.40. This represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the sale, the senior vice president directly owned 9,033 shares in the company, valued at $2,041,548.33. This represents a 24.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 274,118 shares of company stock valued at $46,180,719 over the last ninety days. 0.06% of the stock is owned by corporate insiders.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $264.33 on Thursday. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. The stock’s 50 day moving average is $187.57 and its 200-day moving average is $151.00. 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 company has a market capitalization of $428.97 billion, a price-to-earnings ratio of 151.91, a PEG ratio of 2.36 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 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same period in the previous year, the company posted $0.69 EPS. Advanced Micro Devices’s revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

About Advanced Micro Devices

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.