Franklin Street Advisors Inc. NC Buys Shares of 1,551 Advanced Micro Devices, Inc. $AMD

Franklin Street Advisors Inc. NC bought a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,551 shares of the semiconductor manufacturer’s stock, valued at approximately $220,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC lifted its stake in shares of Advanced Micro Devices by 178.2% in 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 period. Revolve Wealth Partners LLC lifted its stake in shares of Advanced Micro Devices by 2.9% in the 4th 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 during the period. NBC Securities Inc. lifted its stake in shares of Advanced Micro Devices by 59,416.7% in the 1st quarter. NBC Securities Inc. now owns 3,571 shares of the semiconductor manufacturer’s stock worth $366,000 after purchasing an additional 3,565 shares during the period. RFG Advisory LLC lifted its stake in shares of Advanced Micro Devices by 37.4% in the 1st quarter. RFG Advisory LLC now owns 11,418 shares of the semiconductor manufacturer’s stock worth $1,173,000 after purchasing an additional 3,108 shares during the period. Finally, Hennion & Walsh Asset Management Inc. lifted its stake in shares of Advanced Micro Devices by 39.0% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 14,361 shares of the semiconductor manufacturer’s stock worth $1,475,000 after purchasing an additional 4,026 shares during the period. Institutional investors own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

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 shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the sale, the chief executive officer directly owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. This trade represents a 6.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the stock in a transaction that occurred 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 sale, the executive vice president directly owned 311,598 shares of the company’s stock, valued at approximately $51,416,785.98. This trade represents a 0.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 272,448 shares of company stock valued at $44,554,848. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Down 3.0%

Shares of AMD opened at $164.67 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65. The company has a 50 day simple moving average of $165.94 and a two-hundred day simple moving average of $133.43. The firm has a market cap of $267.23 billion, a P/E ratio of 94.64, a price-to-earnings-growth ratio of 2.00 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) 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 for the quarter, compared to analysts’ expectations of $7.41 billion. During the same period last year, the business earned $0.69 earnings per share. The company’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 analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on AMD shares. HSBC lowered their price objective on shares of Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating on the stock in a research note on Tuesday, September 9th. Truist Financial upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and increased their price objective for the stock from $173.00 to $213.00 in a research note on Tuesday, August 26th. Sanford C. Bernstein increased their price objective on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the stock a “market perform” rating in a research note on Monday, July 21st. Evercore ISI increased their target price on shares of Advanced Micro Devices from $144.00 to $188.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Finally, Piper Sandler increased their target price on shares of Advanced Micro Devices from $140.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $180.88.

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.