2,084 Shares in Advanced Micro Devices, Inc. $AMD Bought by Uptick Partners LLC

Key Points

• Uptick Partners LLC acquired 2,084 shares of Advanced Micro Devices, Inc. ($AMD), valued at approximately $296,000, during the second quarter.
• Over 71% of AMD's stock is owned by institutional investors and hedge funds, with notable recent increases in holdings by groups like Vanguard, Amundi, and T. Rowe Price.
• Insider transactions revealed executives selling a total of 257,318 shares over the last three months, indicating potential shifts in ownership within the company.

Uptick Partners LLC bought a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,084 shares of the semiconductor manufacturer's stock, valued at approximately $296,000.

A number of other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Advanced Micro Devices by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer's stock worth $15,654,222,000 after acquiring an additional 2,157,199 shares during the last quarter. Amundi grew its holdings in shares of Advanced Micro Devices by 8.0% during the first quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer's stock valued at $1,677,014,000 after buying an additional 1,319,064 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Advanced Micro Devices by 4.0% during the first quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer's stock valued at $1,214,285,000 after buying an additional 450,695 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Advanced Micro Devices by 4.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer's stock valued at $1,083,815,000 after buying an additional 466,048 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. grew its holdings in shares of Advanced Micro Devices by 131.5% during the first 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 buying an additional 5,915,185 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of Advanced Micro Devices stock in a transaction dated Wednesday, September 10th. The stock was 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 owned 313,848 shares in the company, valued at $50,507,558.64. The trade was a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 257,318 shares of company stock valued at $42,412,815. Company insiders own 0.06% of the company's stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $238.60 on Thursday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $240.10. The business has a 50-day moving average of $173.51 and a two-hundred day moving average of $139.66. The stock has a market capitalization of $387.21 billion, a P/E ratio of 137.13, a P/E/G ratio of 2.56 and a beta of 1.90. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

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 analysts' consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company's revenue for the quarter was up 31.7% on a year-over-year basis. 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. On average, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. KGI Securities set a $260.00 price target on Advanced Micro Devices and gave the company an "outperform" rating in a report on Monday. Dbs Bank upgraded Advanced Micro Devices from a "hold" rating to a "moderate buy" rating in a report on Monday, October 6th. HSBC lifted their price objective on Advanced Micro Devices from $185.00 to $310.00 and gave the company a "buy" rating in a research report on Wednesday. Hsbc Global Res raised Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Finally, Truist Financial reissued a "buy" rating and set a $273.00 price objective (up previously from $213.00) on shares of Advanced Micro Devices in a research report on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $231.00.

Advanced Micro Devices 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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