McAdam LLC Acquires 907 Shares of Advanced Micro Devices, Inc. $AMD

McAdam LLC raised its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 26.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,361 shares of the semiconductor manufacturer’s stock after acquiring an additional 907 shares during the quarter. McAdam LLC’s holdings in Advanced Micro Devices were worth $619,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Parisi Gray Wealth Management acquired a new stake in shares of Advanced Micro Devices in the second quarter worth about $343,000. Davis Investment Partners LLC bought a new position in shares of Advanced Micro Devices in the 2nd quarter valued at approximately $736,000. Sivia Capital Partners LLC lifted its holdings in Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after purchasing an additional 2,970 shares during the last quarter. Fragasso Financial Advisors Inc boosted its position in Advanced Micro Devices by 151.3% during the second quarter. Fragasso Financial Advisors Inc now owns 5,628 shares of the semiconductor manufacturer’s stock worth $799,000 after purchasing an additional 3,388 shares during the period. Finally, Modern Wealth Management LLC bought a new stake in Advanced Micro Devices during the first quarter worth approximately $644,000. 71.34% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AMD has been the topic of a number of recent analyst reports. Mizuho lifted their price target on shares of Advanced Micro Devices from $183.00 to $205.00 and gave the company an “outperform” rating in a research report on Thursday, August 14th. Seaport Res Ptn lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 4th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $200.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 6th. UBS Group upped their price target on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the company a “buy” rating in a report on Monday, July 28th. Finally, Susquehanna lifted their price objective on Advanced Micro Devices from $135.00 to $210.00 and gave the stock a “positive” rating in a research note on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average price target of $180.88.

Get Our Latest Report on AMD

Insider Transactions at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 17,200 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the sale, the executive vice president owned 313,848 shares of the company’s stock, valued at approximately $50,507,558.64. This trade represents a 5.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark D. Papermaster sold 17,998 shares of the company’s stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the completion of the transaction, the executive vice president owned 1,713,710 shares of the company’s stock, valued at $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 270,198 shares of company stock worth $44,183,576 over the last quarter. 0.06% of the stock is owned by company insiders.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $161.27 on Friday. The firm’s 50-day moving average is $165.43 and its 200-day moving average is $130.84. The company has a market cap of $261.72 billion, a price-to-earnings ratio of 92.68, a PEG ratio of 1.90 and a beta of 1.92. 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, Inc. has a 52-week low of $76.48 and a 52-week high of $186.65.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last released its earnings results 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 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 previous year, the business posted $0.69 EPS. The firm’s quarterly revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

About Advanced Micro Devices

(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.

See Also

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

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