Rep. Cleo Fields Buys Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares

Key Points

• Representative Cleo Fields acquired shares of Advanced Micro Devices (AMD), purchasing between $15,001 and $50,000 worth of stock on August 1st, 2025.
• AMD reported a quarterly EPS of $0.48, missing estimates by $0.06, but exceeded revenue expectations with $7.69 billion for the quarter.
• The company's Board of Directors authorized a $6 billion share buyback plan, indicating management's belief that the shares are undervalued.

Representative Cleo Fields (D-Louisiana) recently bought shares of Advanced Micro Devices, Inc. NASDAQ: AMD. In a filing disclosed on September 03rd, the Representative disclosed that they had bought between $15,001 and $50,000 in Advanced Micro Devices stock on August 1st. The trade occurred in the Representative's "MORGAN STANLEY - E*TRADE #2" account.

Representative Cleo Fields also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 8/22/2025.
• Purchased $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 8/20/2025.
• Purchased $15,001 - $50,000 in shares of Advanced Micro Devices NASDAQ: AMD on 8/15/2025.
• Purchased $15,001 - $50,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/15/2025.
• Purchased $15,001 - $50,000 in shares of Broadcom NASDAQ: AVGO on 8/15/2025.
• Purchased $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 8/15/2025.
• Purchased $50,001 - $100,000 in shares of Amazon.com NASDAQ: AMZN on 8/15/2025.
• Purchased $100,001 - $250,000 in shares of NVIDIA NASDAQ: NVDA on 8/15/2025.
• Purchased $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 8/15/2025.
• Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 8/14/2025.

Advanced Micro Devices Trading Down 6.6%

AMD stock traded down $10.65 during midday trading on Friday, reaching $151.14. The stock had a trading volume of 77,891,119 shares, compared to its average volume of 48,056,704. The business has a fifty day simple moving average of $161.36 and a two-hundred day simple moving average of $125.54. 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 firm has a market cap of $245.28 billion, a price-to-earnings ratio of 86.86, a PEG ratio of 1.90 and a beta of 1.92. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $186.65.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its earnings results 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). The company had revenue of $7.69 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Advanced Micro Devices declared that its board has initiated a share buyback plan on Wednesday, May 14th that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the semiconductor manufacturer to purchase up to 3.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

Institutional Investors Weigh In On Advanced Micro Devices

A number of institutional investors and hedge funds have recently made changes to their positions in AMD. SevenBridge Financial Group LLC increased its holdings in shares of Advanced Micro Devices by 9.8% during the 2nd quarter. SevenBridge Financial Group LLC now owns 6,214 shares of the semiconductor manufacturer's stock worth $882,000 after acquiring an additional 557 shares during the last quarter. American Trust acquired a new position in shares of Advanced Micro Devices during the 2nd quarter worth approximately $233,000. FSC Wealth Advisors LLC increased its holdings in shares of Advanced Micro Devices by 18.8% during the 2nd quarter. FSC Wealth Advisors LLC now owns 949 shares of the semiconductor manufacturer's stock worth $135,000 after acquiring an additional 150 shares during the last quarter. Evolution Wealth Management Inc. acquired a new position in Advanced Micro Devices in the 2nd quarter valued at $34,000. Finally, Total Investment Management Inc. acquired a new position in Advanced Micro Devices in the 2nd quarter valued at $85,000. Institutional investors own 71.34% of the company's stock.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction dated 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 sale, the executive vice president directly owned 1,713,710 shares in the company, valued at $265,676,461.30. This represents a 1.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the firm's stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the sale, the executive vice president directly owned 125,505 shares in the company, valued at $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 252,998 shares of company stock valued at $41,415,580 in the last ninety days. 0.06% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

AMD has been the subject of several research analyst reports. Mizuho boosted their price objective on Advanced Micro Devices from $183.00 to $205.00 and gave the company an "outperform" rating in a research report on Thursday, August 14th. Roth Capital set a $150.00 price objective on Advanced Micro Devices and gave the company a "buy" rating in a research report on Friday, June 13th. HSBC upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $200.00 price objective for the company in a research report on Thursday, July 10th. Bank of America boosted their target price 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. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $200.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $181.33.

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana's 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026. Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor's degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

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.