Parkside Financial Bank & Trust Has $1.14 Million Stake in Advanced Micro Devices, Inc. $AMD

Parkside Financial Bank & Trust increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 8,031 shares of the semiconductor manufacturer’s stock after buying an additional 379 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Advanced Micro Devices were worth $1,140,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Freemont Management S.A. grew its holdings in shares of Advanced Micro Devices by 31.0% during the 2nd quarter. Freemont Management S.A. now owns 13,100 shares of the semiconductor manufacturer’s stock valued at $1,859,000 after acquiring an additional 3,100 shares in the last quarter. Aviva PLC raised its holdings in shares of Advanced Micro Devices by 6.6% during the second quarter. Aviva PLC now owns 1,208,749 shares of the semiconductor manufacturer’s stock worth $171,521,000 after acquiring an additional 75,134 shares in the last quarter. Los Angeles Capital Management LLC raised its holdings in shares of Advanced Micro Devices by 3,174.4% during the second quarter. Los Angeles Capital Management LLC now owns 272,590 shares of the semiconductor manufacturer’s stock worth $38,681,000 after acquiring an additional 264,265 shares in the last quarter. AGF Management Ltd. acquired a new stake in Advanced Micro Devices during the second quarter valued at $2,206,000. Finally, Summit Investment Advisors Inc. grew its stake in Advanced Micro Devices by 2.0% in the first quarter. Summit Investment Advisors Inc. now owns 95,961 shares of the semiconductor manufacturer’s stock valued at $9,859,000 after purchasing an additional 1,895 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Advanced Micro Devices

In related news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was 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 owned 125,505 shares in the company, valued at $21,738,721.05. This represents a 7.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $226.01, for a total value of $648,196.68. Following the completion of the sale, the senior vice president directly owned 9,033 shares in the company, valued at $2,041,548.33. This trade represents a 24.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 274,118 shares of company stock valued at $46,180,719. 0.06% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

AMD has been the topic of several research reports. Cowen reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research report on Wednesday. Cantor Fitzgerald restated an “overweight” rating and issued a $200.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 6th. DZ Bank raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price objective on the stock in a research report on Wednesday, October 8th. Morgan Stanley lifted their target price on shares of Advanced Micro Devices from $246.00 to $260.00 and gave the company an “equal weight” rating in a research note on Wednesday. Finally, Benchmark boosted their target price on shares of Advanced Micro Devices from $270.00 to $325.00 and gave the stock a “buy” rating in a research report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $263.26.

Advanced Micro Devices Trading Down 1.8%

Shares of AMD stock opened at $233.54 on Friday. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. The company has a market cap of $380.21 billion, a PE ratio of 134.22, a price-to-earnings-growth ratio of 2.42 and a beta of 1.93. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The business’s 50 day moving average is $199.34 and its two-hundred day moving average is $158.85.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.03. The business had revenue of $9.25 billion during the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. Advanced Micro Devices’s quarterly revenue was up 35.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Equities analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS 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.