Advanced Micro Devices, Inc. $AMD Position Raised by McGuire Investment Group LLC

Key Points

• McGuire Investment Group LLC has increased its position in Advanced Micro Devices (AMD) by 1.8%, now holding 223,812 shares valued at approximately $31.76 million.
• Recent analysts’ ratings for AMD show a mix of outlooks, with three analyst ratings at Strong Buy, twenty-one at Buy, and a consensus price target of $180.88.
• Insider trading was noted as CEO Lisa T. Su sold 225,000 shares for over $36 million, reducing her ownership stake by 6.28%.

McGuire Investment Group LLC boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 1.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 223,812 shares of the semiconductor manufacturer's stock after purchasing an additional 3,898 shares during the quarter. Advanced Micro Devices comprises 4.1% of McGuire Investment Group LLC's portfolio, making the stock its 2nd largest position. McGuire Investment Group LLC's holdings in Advanced Micro Devices were worth $31,759,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of AMD. Brighton Jones LLC grew its holdings in Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock worth $5,551,000 after purchasing an additional 29,438 shares during the period. Revolve Wealth Partners LLC grew its holdings in Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock worth $1,001,000 after purchasing an additional 234 shares during the period. NBC Securities Inc. grew its holdings in Advanced Micro Devices by 59,416.7% in the first quarter. NBC Securities Inc. now owns 3,571 shares of the semiconductor manufacturer's stock worth $366,000 after purchasing an additional 3,565 shares during the period. Merit Financial Group LLC grew its holdings in shares of Advanced Micro Devices by 10.0% during the first quarter. Merit Financial Group LLC now owns 34,339 shares of the semiconductor manufacturer's stock valued at $3,528,000 after buying an additional 3,111 shares during the last quarter. Finally, Fulton Bank N.A. grew its holdings in shares of Advanced Micro Devices by 5.0% during the first quarter. Fulton Bank N.A. now owns 6,547 shares of the semiconductor manufacturer's stock valued at $673,000 after buying an additional 311 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. increased their price target on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Melius upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price target on the stock in a report on Monday, June 23rd. Roth Capital set a $150.00 price target on shares of Advanced Micro Devices and gave the company a "buy" rating in a report on Friday, June 13th. Morgan Stanley cut their price target on shares of Advanced Micro Devices from $185.00 to $168.00 and set an "equal weight" rating on the stock in a report on Wednesday, August 6th. Finally, Raymond James Financial increased their price target on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $180.88.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the transaction, the executive vice president owned 1,713,710 shares in the company, valued at $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 272,448 shares of company stock valued at $44,554,848 over the last three months. Insiders own 0.06% of the company's stock.

Advanced Micro Devices Stock Up 1.4%

Shares of Advanced Micro Devices stock opened at $164.01 on Thursday. The company has a market cap of $266.16 billion, a price-to-earnings ratio of 94.26, a price-to-earnings-growth ratio of 1.91 and a beta of 1.90. The company's 50 day moving average is $165.82 and its 200 day moving average is $132.56. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $186.65. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released 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). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the previous year, the business posted $0.69 earnings per share. The firm's revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

About Advanced Micro Devices

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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