10,726 Shares in Advanced Micro Devices, Inc. $AMD Purchased by Gunderson Capital Management Inc.

Key Points

• Gunderson Capital Management Inc. acquired 10,726 shares of Advanced Micro Devices, Inc. for approximately $1.52 million in the second quarter.
• Shares of AMD opened at $232.89, with a 52-week range between $76.48 and $240.10, and the stock recently fell by 1.1%.
• Advanced Micro Devices reported earnings of $0.48 per share, missing estimates of $0.54, despite revenue increasing by 31.7% year-over-year.

Gunderson Capital Management Inc. bought a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,726 shares of the semiconductor manufacturer's stock, valued at approximately $1,522,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Wise Wealth Partners bought a new stake in shares of Advanced Micro Devices in the 2nd quarter valued at approximately $343,000. Parisi Gray Wealth Management bought a new stake in Advanced Micro Devices in the second quarter worth $343,000. Davis Investment Partners LLC purchased a new position in Advanced Micro Devices during the second quarter worth $736,000. REAP Financial Group LLC boosted its stake in Advanced Micro Devices by 16.9% during the second quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer's stock worth $170,000 after buying an additional 173 shares during the period. Finally, Sivia Capital Partners LLC raised its stake in shares of Advanced Micro Devices by 125.1% in the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock valued at $758,000 after acquiring an additional 2,970 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Down 1.1%

Shares of AMD opened at $232.89 on Friday. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $240.10. 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 stock has a fifty day simple moving average of $169.47 and a two-hundred day simple moving average of $136.53. The company has a market capitalization of $377.94 billion, a PE ratio of 133.84, a price-to-earnings-growth ratio of 2.77 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings data 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 firm 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 revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Buying and Selling

In other news, SVP Ava Hahn sold 2,868 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the transaction, the senior vice president directly owned 9,033 shares in the company, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the company's stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the transaction, the executive vice president directly owned 311,598 shares in the company, valued at $51,416,785.98. The trade was a 0.72% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 275,316 shares of company stock valued at $45,203,045. 0.06% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on AMD. Bank of America upped their price target on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Susquehanna increased their price target on Advanced Micro Devices from $135.00 to $210.00 and gave the stock a "positive" rating in a report on Wednesday, July 30th. Rosenblatt Securities raised their price target on Advanced Micro Devices from $200.00 to $250.00 and gave the stock a "buy" rating in a research note on Tuesday. UBS Group upped their price objective on Advanced Micro Devices from $210.00 to $265.00 and gave the company a "buy" rating in a research report on Tuesday. Finally, Cantor Fitzgerald reiterated an "overweight" rating and set a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and an average target price of $217.70.

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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