Texas Bank & Trust Co Buys 4,650 Shares of Advanced Micro Devices, Inc. $AMD

Texas Bank & Trust Co grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 86.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,060 shares of the semiconductor manufacturer’s stock after purchasing an additional 4,650 shares during the period. Texas Bank & Trust Co’s holdings in Advanced Micro Devices were worth $1,428,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Wise Wealth Partners bought a new stake in Advanced Micro Devices in the second quarter worth approximately $343,000. Waterfront Wealth Inc. acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter worth approximately $1,145,000. Parisi Gray Wealth Management acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter worth approximately $343,000. Davis Investment Partners LLC bought a new stake in shares of Advanced Micro Devices in the 2nd quarter valued at $736,000. Finally, REAP Financial Group LLC lifted its position in shares of Advanced Micro Devices by 16.9% during the 2nd quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer’s stock valued at $170,000 after acquiring an additional 173 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Forrest Eugene Norrod sold 17,200 shares of the company’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the completion of the sale, the executive vice president owned 313,848 shares in the company, valued at $50,507,558.64. This represents a 5.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Mark D. Papermaster sold 16,800 shares of the stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the completion of the sale, the executive vice president owned 1,714,505 shares of the company’s stock, valued at approximately $384,529,181.40. This represents a 0.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 274,118 shares of company stock worth $46,180,719. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $256.12 on Monday. The firm has a market capitalization of $415.64 billion, a P/E ratio of 147.20, a P/E/G ratio of 2.42 and a beta of 1.90. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08. The stock has a 50 day moving average price of $191.16 and a two-hundred day moving average price of $153.70. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the prior year, the business earned $0.69 EPS. The firm’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 analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AMD. Sanford C. Bernstein lifted their price target on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the company a “market perform” rating in a research note on Monday, July 21st. JPMorgan Chase & Co. boosted their target price on Advanced Micro Devices from $120.00 to $180.00 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Rosenblatt Securities upped their price target on Advanced Micro Devices from $200.00 to $250.00 and gave the stock a “buy” rating in a research note on Tuesday, October 7th. Erste Group Bank cut Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Thursday, September 11th. Finally, KGI Securities set a $260.00 price objective on Advanced Micro Devices and gave the company an “outperform” rating in a report on Monday, October 13th. Three research 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 company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $237.32.

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.