Advanced Micro Devices, Inc. $AMD Shares Acquired by Aberdeen Group plc

Key Points

• Aberdeen Group plc increased its stake in Advanced Micro Devices, purchasing an additional 89,576 shares, bringing its total holdings to approximately 1.49 million shares valued at $213.5 million.
• AMD reported earnings per share of $0.48 for the last quarter, missing forecasts by $0.06, but achieved a revenue of $7.69 billion, exceeding expectations.
• Analysts have set price targets for AMD between $200 and $300, with a consensus rating of "Moderate Buy" reflected in strong investment interest from institutional investors.

Aberdeen Group plc boosted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 6.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,486,699 shares of the semiconductor manufacturer's stock after purchasing an additional 89,576 shares during the period. Aberdeen Group plc owned approximately 0.09% of Advanced Micro Devices worth $213,535,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Wise Wealth Partners acquired a new stake in Advanced Micro Devices during the 2nd quarter valued at $343,000. Parisi Gray Wealth Management bought a new position in Advanced Micro Devices during the 2nd quarter valued at $343,000. Davis Investment Partners LLC bought a new position in Advanced Micro Devices during the 2nd quarter valued at $736,000. REAP Financial Group LLC boosted its stake in Advanced Micro Devices by 16.9% during the 2nd quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer's stock valued at $170,000 after acquiring an additional 173 shares during the last quarter. Finally, Sivia Capital Partners LLC boosted its stake in Advanced Micro Devices by 125.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock valued at $758,000 after acquiring an additional 2,970 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Trading Down 7.8%

Advanced Micro Devices stock opened at $214.76 on Friday. The firm's 50-day moving average is $170.33 and its 200-day moving average is $137.22. 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 1 year low of $76.48 and a 1 year high of $240.10. The company has a market cap of $348.51 billion, a P/E ratio of 123.42, a PEG ratio of 2.74 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released 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 firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same period last year, the business earned $0.69 EPS. 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. On average, equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the sale, the executive vice president owned 125,505 shares of the company's stock, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the sale, the executive vice president directly owned 311,598 shares in the company, valued at approximately $51,416,785.98. This trade represents a 0.72% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 275,316 shares of company stock worth $45,203,045. 0.06% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

AMD has been the topic of a number of research analyst reports. Citigroup increased their price objective on shares of Advanced Micro Devices from $180.00 to $215.00 and gave the company a "neutral" rating in a research note on Tuesday. Roth Capital set a $250.00 price objective on shares of Advanced Micro Devices and gave the company a "buy" rating in a research note on Monday. Stifel Nicolaus set a $240.00 price objective on shares of Advanced Micro Devices in a research note on Monday. Barclays increased their price objective on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the company an "overweight" rating in a research note on Monday. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $200.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $218.25.

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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