Advanced Micro Devices (NASDAQ:AMD) Shares Up 1.2% - Time to Buy?

Key Points

• AMD's stock price increased by 1.2% during mid-day trading, reaching a peak of $164.30 before closing at $161.36.
• A plethora of analysts have rated AMD's stock; with three giving it a Strong Buy designation, and an average price target of $180.88.
• Insider transactions included CEO Lisa T. Su selling 225,000 shares for approximately $36.9 million, indicating a 6.28% decrease in her holdings.

Advanced Micro Devices, Inc. (NASDAQ:AMD - Get Free Report)'s share price shot up 1.2% during mid-day trading on Monday . The company traded as high as $164.30 and last traded at $161.36. 39,549,244 shares were traded during trading, a decline of 15% from the average session volume of 46,482,887 shares. The stock had previously closed at $159.46.

Wall Street Analyst Weigh In

A number of research firms have issued reports on AMD. Cantor Fitzgerald restated an "overweight" rating and set a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. DZ Bank upgraded shares of Advanced Micro Devices from a "sell" rating to a "hold" rating and set a $165.00 target price on the stock in a research report on Thursday, August 7th. Wedbush restated a "cautious" rating on shares of Advanced Micro Devices in a research report on Saturday, August 9th. Hsbc Global Res upgraded shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Finally, Bank of America upped their target price on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $180.88.

Advanced Micro Devices Stock Up 1.2%

The firm has a market capitalization of $261.86 billion, a P/E ratio of 92.74, a PEG ratio of 1.88 and a beta of 1.92. The firm's 50-day moving average is $165.48 and its 200 day moving average is $131.71. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company's revenue was up 31.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the transaction, the chief executive officer owned 3,359,748 shares of the company's stock, valued at $550,897,879.56. This represents a 6.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Mark D. Papermaster sold 17,998 shares of the company's stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the transaction, the executive vice president directly owned 1,713,710 shares of the company's stock, valued at approximately $265,676,461.30. This trade represents a 1.04% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 272,448 shares of company stock worth $44,554,848. Insiders own 0.06% of the company's stock.

Institutional Trading of Advanced Micro Devices

Large investors have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Advanced Micro Devices in the 2nd quarter valued at $3,094,662,000. Kingstone Capital Partners Texas LLC bought a new stake in Advanced Micro Devices in the 2nd quarter valued at $958,422,000. Goldman Sachs Group Inc. raised its stake in Advanced Micro Devices by 169.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer's stock valued at $1,012,538,000 after acquiring an additional 6,200,850 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in Advanced Micro Devices by 131.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer's stock valued at $1,069,846,000 after acquiring an additional 5,915,185 shares during the period. Finally, Nuveen LLC bought a new stake in Advanced Micro Devices in the 1st quarter valued at $436,746,000. Institutional investors and hedge funds own 71.34% of the company's stock.

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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