Advanced Micro Devices, Inc. $AMD Shares Acquired by SGL Investment Advisors Inc.

SGL Investment Advisors Inc. increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 91.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,337 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,550 shares during the quarter. SGL Investment Advisors Inc.’s holdings in Advanced Micro Devices were worth $736,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of AMD. Brighton Jones LLC lifted its holdings in Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after acquiring an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after acquiring an additional 234 shares during the last quarter. Procyon Advisors LLC raised its position in Advanced Micro Devices by 14.0% in the first quarter. Procyon Advisors LLC now owns 5,058 shares of the semiconductor manufacturer’s stock valued at $520,000 after purchasing an additional 621 shares during the period. UMB Bank n.a. raised its position in Advanced Micro Devices by 4.7% in the first quarter. UMB Bank n.a. now owns 14,463 shares of the semiconductor manufacturer’s stock valued at $1,486,000 after purchasing an additional 646 shares during the period. Finally, Capital Investment Advisors LLC lifted its stake in shares of Advanced Micro Devices by 16.3% in the 1st quarter. Capital Investment Advisors LLC now owns 14,954 shares of the semiconductor manufacturer’s stock valued at $1,536,000 after purchasing an additional 2,092 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AMD. HSBC cut their price objective on Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating for the company in a research report on Tuesday, September 9th. Evercore ISI lifted their price target on shares of Advanced Micro Devices from $144.00 to $188.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. The Goldman Sachs Group upgraded shares of Advanced Micro Devices to a “hold” rating and set a $140.00 price objective on the stock in a report on Thursday, July 10th. Raymond James Financial upped their price target on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Finally, Mizuho raised their price target on Advanced Micro Devices from $183.00 to $205.00 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $198.30.

Insider Activity

In other news, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the sale, the executive vice president directly owned 1,713,710 shares of the company’s stock, valued at approximately $265,676,461.30. The trade was a 1.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold 272,448 shares of company stock worth $44,554,848 in the last ninety days. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Stock Up 23.7%

Shares of NASDAQ AMD opened at $203.71 on Tuesday. The stock has a market cap of $330.59 billion, a P/E ratio of 117.07, a PEG ratio of 1.94 and a beta of 1.90. The business’s fifty day simple moving average is $166.54 and its 200-day simple moving average is $134.48. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $226.71. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.

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

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.