Center for Financial Planning Inc. Has $568,000 Holdings in Advanced Micro Devices, Inc. $AMD

Center for Financial Planning Inc. boosted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 28.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,006 shares of the semiconductor manufacturer’s stock after acquiring an additional 879 shares during the quarter. Center for Financial Planning Inc.’s holdings in Advanced Micro Devices were worth $568,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of AMD. Cornerstone Advisory LLC raised its stake in shares of Advanced Micro Devices by 1.4% during the 2nd quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer’s stock worth $606,000 after purchasing an additional 57 shares in the last quarter. Tritonpoint Wealth LLC raised its stake in shares of Advanced Micro Devices by 2.6% during the 2nd quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after purchasing an additional 72 shares in the last quarter. Avion Wealth raised its stake in shares of Advanced Micro Devices by 49.3% during the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 72 shares in the last quarter. Scott & Selber Inc. raised its stake in shares of Advanced Micro Devices by 0.7% during the 2nd quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after purchasing an additional 73 shares in the last quarter. Finally, Sandy Cove Advisors LLC raised its stake in shares of Advanced Micro Devices by 1.4% during the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after purchasing an additional 75 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Up 0.5%

Shares of AMD stock opened at $256.12 on Friday. 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 stock’s 50 day simple moving average is $191.16 and its 200 day simple moving average is $152.84. The company has a market capitalization of $415.64 billion, a price-to-earnings ratio of 147.20, a PEG ratio of 2.42 and a beta of 1.90. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). The business had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business’s quarterly revenue was up 31.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on AMD. Barclays raised their price target on Advanced Micro Devices from $200.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th. Benchmark raised their price target on Advanced Micro Devices from $210.00 to $270.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. Truist Financial reaffirmed a “buy” rating and set a $273.00 price target (up from $213.00) on shares of Advanced Micro Devices in a research note on Tuesday, October 7th. DZ Bank raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target for the company in a research note on Wednesday, October 8th. Finally, Citigroup raised their price target on Advanced Micro Devices from $180.00 to $215.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 7th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $237.32.

Insider Buying and Selling

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the transaction, the senior vice president directly owned 9,033 shares of the company’s stock, valued at $2,041,548.33. The trade was a 24.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 value of $2,767,996.00. Following the completion of the transaction, the executive vice president directly owned 313,848 shares in the company, valued at approximately $50,507,558.64. This represents a 5.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 274,118 shares of company stock worth $46,180,719. 0.06% of the stock is currently owned by company insiders.

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.