Patton Fund Management Inc. Buys New Shares in Advanced Micro Devices, Inc. $AMD

Patton Fund Management Inc. acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the second quarter, HoldingsChannel.com reports. The firm acquired 1,729 shares of the semiconductor manufacturer’s stock, valued at approximately $245,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA boosted its position in Advanced Micro Devices by 277.8% during the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 200 shares during the period. American Capital Advisory LLC boosted its position in shares of Advanced Micro Devices by 90.3% in the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 130 shares during the period. Kozak & Associates Inc. boosted its position in shares of Advanced Micro Devices by 67.6% in the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock valued at $29,000 after acquiring an additional 123 shares during the period. Investors Research Corp boosted its position in shares of Advanced Micro Devices by 117.9% in the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 165 shares during the period. Finally, Bear Mountain Capital Inc. boosted its position in shares of Advanced Micro Devices by 75.0% in the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer’s stock valued at $34,000 after acquiring an additional 150 shares during the period. 71.34% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on AMD shares. UBS Group boosted their target price on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, July 28th. Melius raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $175.00 price target for the company in a research note on Monday, June 23rd. Barclays boosted their price target on Advanced Micro Devices from $130.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, August 6th. Wedbush reaffirmed a “cautious” rating on shares of Advanced Micro Devices in a research note on Saturday, August 9th. Finally, Bank of America boosted their price target on Advanced Micro Devices from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $180.88.

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the 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 transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total value of $2,767,996.00. Following the transaction, the executive vice president owned 313,848 shares in the company, valued at $50,507,558.64. The trade was a 5.20% 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 over the last 90 days. 0.06% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $159.46 on Friday. The business has a 50 day moving average of $165.48 and a 200-day moving average of $131.48. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The company has a market capitalization of $258.78 billion, a P/E ratio of 91.64, a P/E/G ratio of 1.88 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $7.41 billion. During the same period in the prior year, the company earned $0.69 EPS. The business’s quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

About Advanced Micro Devices

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.