Ashton Thomas Private Wealth LLC boosted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 63.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,918 shares of the semiconductor manufacturer's stock after buying an additional 15,501 shares during the quarter. Ashton Thomas Private Wealth LLC's holdings in Advanced Micro Devices were worth $4,101,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Mpwm Advisory Solutions LLC acquired a new position in Advanced Micro Devices in the fourth quarter worth $30,000. Farmers & Merchants Trust Co of Chambersburg PA lifted its position in shares of Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock worth $28,000 after buying an additional 200 shares during the last quarter. American Capital Advisory LLC boosted its holdings in shares of Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock valued at $28,000 after buying an additional 130 shares during the period. Investors Research Corp grew its position in shares of Advanced Micro Devices by 117.9% during the 1st quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock valued at $31,000 after buying an additional 165 shares during the last quarter. Finally, Kozak & Associates Inc. grew its position in shares of Advanced Micro Devices by 67.6% during the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock valued at $29,000 after buying an additional 123 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.
Analyst Upgrades and Downgrades
A number of brokerages have commented on AMD. Wells Fargo & Company lifted their target price on Advanced Micro Devices from $120.00 to $185.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. Bank of America boosted their price objective on Advanced Micro Devices from $175.00 to $200.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Raymond James Financial upped their price objective on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. Benchmark raised their target price on Advanced Micro Devices from $170.00 to $210.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Finally, Barclays upped their price target on shares of Advanced Micro Devices from $130.00 to $200.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $181.33.
View Our Latest Research Report on Advanced Micro Devices
Insider Buying and Selling
In other news, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices 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 owned 3,359,748 shares of the company's stock, valued at $550,897,879.56. The trade was a 6.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, August 12th. The stock was 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 in the company, valued at $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 252,998 shares of company stock valued at $41,415,580 over the last three months. Company insiders own 0.06% of the company's stock.
Advanced Micro Devices Price Performance
Shares of NASDAQ:AMD opened at $151.41 on Tuesday. The stock has a market cap of $245.71 billion, a price-to-earnings ratio of 87.02, a PEG ratio of 1.79 and a beta of 1.92. 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, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65. The stock's 50 day moving average price is $161.55 and its 200 day moving average price is $125.98.
Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly 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). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same quarter last year, the business posted $0.69 earnings per share. The firm'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. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.
Advanced Micro Devices declared that its board has initiated a stock buyback program on Wednesday, May 14th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the semiconductor manufacturer to reacquire up to 3.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.
About Advanced Micro Devices
(
Free Report)
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.
See Also
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