Wealth Quarterback LLC Acquires 791 Shares of Advanced Micro Devices, Inc. $AMD

Wealth Quarterback LLC lifted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 12,292 shares of the semiconductor manufacturer’s stock after acquiring an additional 791 shares during the quarter. Advanced Micro Devices makes up about 0.8% of Wealth Quarterback LLC’s holdings, making the stock its 28th largest holding. Wealth Quarterback LLC’s holdings in Advanced Micro Devices were worth $1,744,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after purchasing an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after purchasing an additional 234 shares in the last quarter. Stephens Inc. AR raised its holdings in Advanced Micro Devices by 10.0% in the first quarter. Stephens Inc. AR now owns 30,148 shares of the semiconductor manufacturer’s stock worth $3,097,000 after purchasing an additional 2,733 shares in the last quarter. Bleakley Financial Group LLC lifted its position in shares of Advanced Micro Devices by 11.2% during the first quarter. Bleakley Financial Group LLC now owns 28,690 shares of the semiconductor manufacturer’s stock valued at $2,948,000 after buying an additional 2,887 shares during the last quarter. Finally, Florida Financial Advisors LLC bought a new stake in shares of Advanced Micro Devices in the 1st quarter valued at about $254,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 16,800 shares of the stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total value of $3,767,904.00. Following the sale, the executive vice president owned 1,714,505 shares in the company, valued at $384,529,181.40. This represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the business’s stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total transaction of $371,272.50. Following the transaction, the executive vice president owned 311,598 shares of the company’s stock, valued at $51,416,785.98. This represents a 0.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 264,118 shares of company stock worth $44,448,619 over the last ninety days. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Stock Down 2.6%

Advanced Micro Devices stock opened at $237.52 on Wednesday. The business’s 50-day simple moving average is $202.47 and its two-hundred day simple moving average is $161.38. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The company has a market cap of $386.69 billion, a PE ratio of 136.51, a PEG ratio of 2.42 and a beta of 1.93. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08.

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

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Cantor Fitzgerald reiterated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday. Bank of America lifted their price target on shares of Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Friday, October 17th. The Goldman Sachs Group increased their price objective on Advanced Micro Devices from $150.00 to $210.00 and gave the company a “neutral” rating in a report on Wednesday, October 8th. Raymond James Financial raised their price objective on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. Finally, UBS Group upped their target price on Advanced Micro Devices from $265.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $263.91.

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.