5,068 Shares in Advanced Micro Devices, Inc. $AMD Acquired by Turtle Creek Wealth Advisors LLC

Key Points

• Turtle Creek Wealth Advisors LLC acquired 5,068 shares of Advanced Micro Devices, Inc. valued at approximately $719,000 in the second quarter.
• The stock of Advanced Micro Devices opened at $234.56 but is down by 1.7%, with a market capitalization of $380.65 billion.
• Advanced Micro Devices reported a Q2 EPS of $0.48, missing estimates, but the revenue surged 31.7% year-over-year to $7.69 billion.

Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 5,068 shares of the semiconductor manufacturer's stock, valued at approximately $719,000.

A number of other hedge funds have also made changes to their positions in AMD. Farmers & Merchants Trust Co of Chambersburg PA grew its position in Advanced Micro Devices by 277.8% in the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock worth $28,000 after acquiring an additional 200 shares during the period. American Capital Advisory LLC boosted its stake in shares of Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock worth $28,000 after acquiring an additional 130 shares in the last quarter. Dogwood Wealth Management LLC lifted its stake in Advanced Micro Devices by 2,311.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer's stock valued at $30,000 after buying an additional 208 shares in the last quarter. West Branch Capital LLC raised its holdings in Advanced Micro Devices by 3,057.1% in the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock valued at $31,000 after acquiring an additional 214 shares during the last quarter. Finally, Bear Mountain Capital Inc. increased its holdings in shares of Advanced Micro Devices by 75.0% during the 1st quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer's stock worth $34,000 after buying an additional 150 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

Advanced Micro Devices Stock Down 1.7%

Shares of NASDAQ AMD opened at $234.56 on Friday. 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 52-week low of $76.48 and a 52-week high of $241.20. The company's 50 day moving average price is $174.75 and its 200-day moving average price is $140.57. The company has a market capitalization of $380.65 billion, a P/E ratio of 134.80, a price-to-earnings-growth ratio of 2.38 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its earnings results 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 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 business's revenue was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AMD has been the topic of several research analyst reports. Roth Capital set a $250.00 price target on shares of Advanced Micro Devices and gave the stock a "buy" rating in a research report on Monday, October 6th. Erste Group Bank lowered shares of Advanced Micro Devices from a "buy" rating to a "hold" rating in a research note on Thursday, September 11th. HSBC lifted their price objective on shares of Advanced Micro Devices from $185.00 to $310.00 and gave the company a "buy" rating in a research note on Wednesday. Evercore ISI lifted their target price on shares of Advanced Micro Devices from $188.00 to $240.00 and gave the stock an "outperform" rating in a report on Tuesday, October 7th. Finally, Wells Fargo & Company boosted their price target on shares of Advanced Micro Devices from $185.00 to $275.00 and gave the company an "overweight" rating in a research report on Tuesday, October 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $231.00.

Insider Activity

In related news, EVP Forrest Eugene Norrod sold 17,200 shares of the firm's stock in a transaction on 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 sale, the executive vice president owned 313,848 shares of the company's stock, valued at $50,507,558.64. This trade represents a 5.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the completion of the sale, the senior vice president owned 9,033 shares of the company's stock, valued at $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 257,318 shares of company stock worth $42,412,815 over the last ninety days. Company insiders own 0.06% of the company's stock.

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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