Vivid Wealth Management LLC Has $3.18 Million Holdings in Advanced Micro Devices, Inc. $AMD

Vivid Wealth Management LLC raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 0.5% during the second quarter, HoldingsChannel.com reports. The firm owned 22,412 shares of the semiconductor manufacturer’s stock after acquiring an additional 107 shares during the quarter. Advanced Micro Devices makes up 1.4% of Vivid Wealth Management LLC’s portfolio, making the stock its 19th biggest position. Vivid Wealth Management LLC’s holdings in Advanced Micro Devices were worth $3,180,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in shares of Advanced Micro Devices by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer’s stock valued at $15,654,222,000 after acquiring an additional 2,157,199 shares during the last quarter. Amundi increased its stake in shares of Advanced Micro Devices by 8.0% in the 1st quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock valued at $1,677,014,000 after acquiring an additional 1,319,064 shares during the last quarter. Invesco Ltd. increased its stake in shares of Advanced Micro Devices by 4.0% in the 1st quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer’s stock valued at $1,214,285,000 after acquiring an additional 450,695 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Advanced Micro Devices by 4.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer’s stock valued at $1,083,815,000 after acquiring an additional 466,048 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. increased its stake in shares of Advanced Micro Devices by 131.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock valued at $1,069,846,000 after acquiring an additional 5,915,185 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Piper Sandler reaffirmed an “overweight” rating and issued a $240.00 price target on shares of Advanced Micro Devices in a research note on Tuesday. JPMorgan Chase & Co. upped their price target on Advanced Micro Devices from $120.00 to $180.00 and gave the company a “neutral” rating in a research note on Wednesday, August 6th. Raymond James Financial upped their price target on Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. DZ Bank raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target for the company in a research note on Wednesday. Finally, Wells Fargo & Company increased their target price on Advanced Micro Devices from $185.00 to $275.00 and gave the stock an “overweight” rating in a research note on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $217.70.

Check Out Our Latest Analysis on Advanced Micro Devices

Advanced Micro Devices Trading Down 1.1%

NASDAQ:AMD opened at $232.89 on Friday. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $240.10. 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 has a 50 day moving average price of $169.47 and a two-hundred day moving average price of $136.53. The company has a market cap of $377.94 billion, a P/E ratio of 133.84, a price-to-earnings-growth ratio of 2.77 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last released its quarterly 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 return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same period last year, the company earned $0.69 EPS. The company’s revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Activity

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the transaction, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. This represents a 6.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Ava Hahn sold 2,868 shares of the 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 of the company’s stock, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 275,316 shares of company stock worth $45,203,045. 0.06% of the stock is currently owned by insiders.

Advanced Micro Devices Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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