2,241 Shares in Advanced Micro Devices, Inc. $AMD Purchased by Brooks Moore & Associates Inc.

Key Points

• Brooks Moore & Associates Inc. acquired 2,241 shares of Advanced Micro Devices, Inc. (NASDAQ:AMD), valued at approximately $230,000, during the first quarter.
• Insider activities include EVP Mark D. Papermaster selling 17,998 shares for about $2.79 million, reducing his ownership by 1.04%.
• Advanced Micro Devices reported a 31.7% year-over-year revenue increase to $7.69 billion, despite missing earnings per share estimates by $0.06.

Brooks Moore & Associates Inc. purchased a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 2,241 shares of the semiconductor manufacturer's stock, valued at approximately $230,000.

Several other institutional investors have also added to or reduced their stakes in AMD. Ally Financial Inc. boosted its position in shares of Advanced Micro Devices by 50.0% during the first quarter. Ally Financial Inc. now owns 42,000 shares of the semiconductor manufacturer's stock valued at $4,315,000 after buying an additional 14,000 shares during the period. Thematics Asset Management lifted its stake in shares of Advanced Micro Devices by 3.7% during the 1st quarter. Thematics Asset Management now owns 278,938 shares of the semiconductor manufacturer's stock worth $28,658,000 after acquiring an additional 9,829 shares during the last quarter. ICONIQ Capital LLC boosted its holdings in Advanced Micro Devices by 30.0% during the 1st quarter. ICONIQ Capital LLC now owns 6,946 shares of the semiconductor manufacturer's stock valued at $714,000 after acquiring an additional 1,602 shares during the period. Southeast Asset Advisors LLC purchased a new position in Advanced Micro Devices during the 1st quarter valued at $462,000. Finally, Jump Financial LLC grew its position in Advanced Micro Devices by 1,830.7% in the 1st quarter. Jump Financial LLC now owns 146,485 shares of the semiconductor manufacturer's stock valued at $15,050,000 after acquiring an additional 138,898 shares during the last quarter. Institutional investors own 71.34% of the company's stock.

Insider Activity

In related news, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the sale, the executive vice president owned 1,713,710 shares of the company's stock, valued at $265,676,461.30. This represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the sale, the executive vice president owned 125,505 shares of the company's stock, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.06% of the company's stock.

Advanced Micro Devices Stock Up 2.5%

Shares of NASDAQ AMD opened at $167.76 on Monday. The stock has a market capitalization of $272.25 billion, a PE ratio of 96.41, a price-to-earnings-growth ratio of 1.98 and a beta of 1.94. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65. The stock's fifty day simple moving average is $155.48 and its two-hundred day simple moving average is $122.16.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by ($0.06). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company had revenue of $7.69 billion for the quarter, compared to analysts' expectations of $7.41 billion. During the same quarter last year, the company earned $0.69 earnings per share. The company's revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Advanced Micro Devices announced that its Board of Directors has approved a stock repurchase plan on Wednesday, May 14th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the semiconductor manufacturer to buy up to 3.1% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

Analyst Ratings Changes

AMD has been the subject of several research analyst reports. Piper Sandler lifted their target price on Advanced Micro Devices from $140.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 6th. Wedbush reaffirmed a "cautious" rating on shares of Advanced Micro Devices in a research note on Saturday, August 9th. Loop Capital lowered their price objective on shares of Advanced Micro Devices from $175.00 to $140.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. Bank of America boosted their price objective 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. Finally, Barclays upped their target price on shares of Advanced Micro Devices from $130.00 to $200.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 6th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $180.12.

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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