Petros Family Wealth LLC Has $567,000 Stock Holdings in Advanced Micro Devices, Inc. $AMD

Petros Family Wealth LLC grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,993 shares of the semiconductor manufacturer’s stock after purchasing an additional 211 shares during the quarter. Petros Family Wealth LLC’s holdings in Advanced Micro Devices were worth $567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMD. Tritonpoint Wealth LLC raised its stake in Advanced Micro Devices by 2.6% during the 2nd quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after buying an additional 72 shares during the period. Scott & Selber Inc. raised its stake in Advanced Micro Devices by 0.7% during the 2nd quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after buying an additional 73 shares during the period. Sandy Cove Advisors LLC raised its stake in Advanced Micro Devices by 1.4% during the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after buying an additional 75 shares during the period. Pine Haven Investment Counsel Inc raised its stake in Advanced Micro Devices by 3.3% during the 2nd quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock worth $381,000 after buying an additional 85 shares during the period. Finally, Seaview Investment Managers LLC raised its stake in Advanced Micro Devices by 4.3% during the 1st quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer’s stock worth $232,000 after buying an additional 93 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Mark D. Papermaster sold 17,998 shares of the company’s stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the sale, the executive vice president directly owned 1,713,710 shares in the company, valued at $265,676,461.30. This represents a 1.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer owned 3,359,748 shares in the company, valued at approximately $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 in the last ninety days. 0.06% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of Advanced Micro Devices from $120.00 to $185.00 and gave the company an “overweight” rating in a report on Wednesday, July 16th. Melius Research upgraded shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating and lifted their price objective for the company from $110.00 to $175.00 in a report on Monday, June 23rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Advanced Micro Devices in a research note on Saturday, September 27th. Truist Financial raised Advanced Micro Devices from a “hold” rating to a “buy” rating and increased their price objective for the stock from $173.00 to $213.00 in a research note on Tuesday, August 26th. Finally, Roth Capital set a $150.00 price objective on Advanced Micro Devices and gave the stock a “buy” rating in a research note on Friday, June 13th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus price target of $180.88.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $164.67 on Monday. The stock has a fifty day simple moving average of $165.94 and a two-hundred day simple moving average of $133.80. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65. The firm has a market cap of $267.23 billion, a price-to-earnings ratio of 94.64, a price-to-earnings-growth ratio of 1.94 and a beta of 1.90. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share 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 for the quarter, compared to the consensus estimate of $7.41 billion. During the same period last year, the company posted $0.69 earnings per share. Advanced Micro Devices’s revenue for the quarter was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices 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.