1,578 Shares in Advanced Micro Devices, Inc. $AMD Bought by Wealth Advisors of Iowa LLC

Key Points

• Wealth Advisors of Iowa LLC purchased a new stake of 1,578 shares (~$224,000) in AMD during Q2, joining several other new institutional investors as institutions now own 71.34% of the stock.
• Corporate insiders have been net sellers — executives including Mark Papermaster and Forrest Norrod sold sizable blocks, and insiders have sold a total of 56,226 shares (~$11.66M) in the past 90 days while insiders currently own 0.06% of AMD.
• AMD beat Q3 estimates (EPS $1.20; revenue $9.25B, +35.6% YoY) and Wall Street's consensus is a “Moderate Buy” with an average target of $278.54, with analyst targets ranging as high as $380.

Wealth Advisors of Iowa LLC purchased a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 1,578 shares of the semiconductor manufacturer's stock, valued at approximately $224,000.

Several other large investors also recently modified their holdings of the business. Wise Wealth Partners purchased a new stake in Advanced Micro Devices in the second quarter worth about $343,000. Waterfront Wealth Inc. bought a new position in shares of Advanced Micro Devices in the 2nd quarter worth approximately $1,145,000. Parisi Gray Wealth Management purchased a new position in shares of Advanced Micro Devices in the 2nd quarter valued at approximately $343,000. Cornercap Investment Counsel Inc. boosted its position in shares of Advanced Micro Devices by 43.3% during the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer's stock valued at $1,738,000 after purchasing an additional 3,702 shares in the last quarter. Finally, North Forty Two & Co. bought a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $237,000. 71.34% of the stock is owned by institutional investors.

Insider Activity

In related news, EVP Mark D. Papermaster sold 17,108 shares of the firm's stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the completion of the sale, the executive vice president directly owned 1,714,505 shares of the company's stock, valued at approximately $411,686,940.60. This trade represents a 0.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the company's stock in a transaction on Wednesday, September 10th. The shares were 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 $50,507,558.64. This trade represents a 5.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 56,226 shares of company stock valued at $11,663,342 in the last ninety days. Corporate insiders own 0.06% of the company's stock.

Wall Street Analysts Forecast Growth

AMD has been the subject of several recent research reports. The Goldman Sachs Group raised their price objective on Advanced Micro Devices from $150.00 to $210.00 and gave the company a "neutral" rating in a research report on Wednesday, October 8th. Sanford C. Bernstein reiterated a "market perform" rating and issued a $200.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Truist Financial reissued a "buy" rating and set a $279.00 price objective (up previously from $273.00) on shares of Advanced Micro Devices in a research note on Wednesday, November 5th. UBS Group upped their price objective on shares of Advanced Micro Devices from $265.00 to $300.00 and gave the stock a "buy" rating in a report on Wednesday, November 5th. Finally, Melius Research set a $380.00 target price on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $278.54.

Advanced Micro Devices Trading Down 7.8%

NASDAQ:AMD opened at $206.02 on Friday. The company has a market cap of $335.41 billion, a PE ratio of 118.40, a price-to-earnings-growth ratio of 2.42 and a beta of 1.93. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The company has a 50 day simple moving average of $213.60 and a two-hundred day simple moving average of $167.26. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. During the same period last year, the business posted $0.92 EPS. The company's revenue for the quarter was up 35.6% on a year-over-year basis. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices Company Profile

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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