Advanced Micro Devices, Inc. (NASDAQ:AMD) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Advanced Micro Devices (AMD) has received a consensus rating of "Moderate Buy" from 39 brokerages, with an average 12-month price target of approximately $221.64.
• Recent analyst reports show significant upgrades, including Rosenblatt Securities raising its price target to $250 while maintaining a "buy" rating.
• Insider transactions revealed that executives sold over 257,000 shares of AMD stock in recent months, representing a total value of about $42.4 million.

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the thirty-nine brokerages that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation, twenty-four have given a buy recommendation and three have issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $221.6364.

AMD has been the subject of a number of research analyst reports. Rosenblatt Securities upped their price target on Advanced Micro Devices from $200.00 to $250.00 and gave the company a "buy" rating in a report on Tuesday, October 7th. Sanford C. Bernstein increased their price objective on Advanced Micro Devices from $95.00 to $140.00 and gave the company a "market perform" rating in a report on Monday, July 21st. Dbs Bank raised Advanced Micro Devices from a "hold" rating to a "moderate buy" rating in a report on Monday, October 6th. Susquehanna increased their price objective on Advanced Micro Devices from $135.00 to $210.00 and gave the company a "positive" rating in a report on Wednesday, July 30th. Finally, Bank of America increased their price objective on Advanced Micro Devices from $175.00 to $200.00 and gave the company a "buy" rating in a report on Tuesday, July 29th.

Insider Transactions at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,868 shares of the 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 completion of the sale, the senior vice president directly owned 9,033 shares of the company's stock, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the sale, the executive vice president owned 125,505 shares of the company's stock, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 257,318 shares of company stock valued at $42,412,815 over the last ninety days. 0.06% of the stock is owned by insiders.

Institutional Investors Weigh In On Advanced Micro Devices

Several large investors have recently modified their holdings of the stock. Cornerstone Advisory LLC boosted its holdings in shares of Advanced Micro Devices by 1.4% during the second quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer's stock worth $606,000 after acquiring an additional 57 shares during the period. King Wealth Management Group boosted its holdings in shares of Advanced Micro Devices by 2.1% during the second quarter. King Wealth Management Group now owns 3,017 shares of the semiconductor manufacturer's stock worth $428,000 after acquiring an additional 62 shares during the period. Abound Wealth Management boosted its holdings in shares of Advanced Micro Devices by 20.3% during the third quarter. Abound Wealth Management now owns 367 shares of the semiconductor manufacturer's stock worth $59,000 after acquiring an additional 62 shares during the period. Synergy Financial Group LTD boosted its holdings in shares of Advanced Micro Devices by 2.0% during the second quarter. Synergy Financial Group LTD now owns 3,309 shares of the semiconductor manufacturer's stock worth $470,000 after acquiring an additional 64 shares during the period. Finally, Tortoise Investment Management LLC boosted its holdings in shares of Advanced Micro Devices by 14.8% during the second quarter. Tortoise Investment Management LLC now owns 503 shares of the semiconductor manufacturer's stock worth $71,000 after acquiring an additional 65 shares during the period. Hedge funds and other institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $216.42 on Tuesday. The stock has a 50 day moving average price of $171.12 and a 200 day moving average price of $138.42. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $351.22 billion, a price-to-earnings ratio of 124.38, a price-to-earnings-growth ratio of 2.52 and a beta of 1.90. Advanced Micro Devices has a 52-week low of $76.48 and a 52-week high of $240.10.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results 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). The business had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business's revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period last year, the company earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts predict that Advanced Micro Devices will post 3.87 EPS for the current fiscal 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.

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