3,792 Shares in Advanced Micro Devices, Inc. $AMD Acquired by 17 Capital Partners LLC

Key Points

• 17 Capital Partners LLC acquired a new stake in Advanced Micro Devices (NASDAQ:AMD), purchasing 3,792 shares valued at approximately $390,000 during the first quarter.
• Several institutional investors, including Greenline Partners LLC and Farmers & Merchants Trust Co, have recently increased their positions in AMD, highlighting a growing confidence in the semiconductor manufacturer.
• Advanced Micro Devices missed its earnings per share estimate for the latest quarter but reported a significant revenue increase of 31.7% year-over-year, totaling $7.69 billion.

17 Capital Partners LLC acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,792 shares of the semiconductor manufacturer's stock, valued at approximately $390,000.

Other hedge funds also recently modified their holdings of the company. Seaview Investment Managers LLC boosted its holdings in Advanced Micro Devices by 4.3% during the first quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer's stock worth $232,000 after buying an additional 93 shares during the last quarter. Peterson Wealth Services boosted its holdings in Advanced Micro Devices by 2.9% during the first quarter. Peterson Wealth Services now owns 3,650 shares of the semiconductor manufacturer's stock worth $375,000 after buying an additional 103 shares during the last quarter. Lifeworks Advisors LLC boosted its holdings in Advanced Micro Devices by 5.6% during the first quarter. Lifeworks Advisors LLC now owns 1,974 shares of the semiconductor manufacturer's stock worth $203,000 after buying an additional 104 shares during the last quarter. Alaethes Wealth LLC boosted its holdings in Advanced Micro Devices by 0.7% during the fourth quarter. Alaethes Wealth LLC now owns 15,656 shares of the semiconductor manufacturer's stock worth $1,891,000 after buying an additional 115 shares during the last quarter. Finally, Sunflower Bank N.A. lifted its holdings in shares of Advanced Micro Devices by 4.3% during the 1st quarter. Sunflower Bank N.A. now owns 2,808 shares of the semiconductor manufacturer's stock valued at $288,000 after purchasing an additional 116 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices Stock Down 0.7%

NASDAQ AMD traded down $1.1650 during trading on Wednesday, hitting $165.3850. The stock had a trading volume of 55,984,083 shares, compared to its average volume of 46,988,848. The company has a market capitalization of $268.39 billion, a PE ratio of 95.05, a P/E/G ratio of 2.08 and a beta of 1.94. The company's 50-day moving average price is $152.66 and its two-hundred day moving average price is $121.02. 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, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share 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%.The firm's revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period last year, the firm earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices declared that its board has authorized a share repurchase program on Wednesday, May 14th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the semiconductor manufacturer to repurchase up to 3.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AMD. Bank of America lifted 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. Wall Street Zen upgraded Advanced Micro Devices from a "sell" rating to a "hold" rating in a report on Monday, May 12th. Evercore ISI lifted their price objective on Advanced Micro Devices from $144.00 to $188.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Susquehanna lifted 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, Melius Research upgraded Advanced Micro Devices from a "hold" rating to a "strong-buy" rating and lifted their price objective for the company from $110.00 to $175.00 in a report on Monday, June 23rd. Four analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Advanced Micro Devices has a consensus rating of "Moderate Buy" and an average price target of $180.12.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the business'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 transaction of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares of the company's stock, valued at $21,738,721.05. The trade was a 7.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark D. Papermaster sold 17,998 shares of the business'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 in the company, valued at $265,676,461.30. This trade represents a 1.04% decrease in their position. The disclosure for this sale can be found here. 0.06% of the stock is owned by insiders.

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.