Advanced Micro Devices, Inc. $AMD Shares Acquired by Jacobi Capital Management LLC

Key Points

• Jacobi Capital Management LLC boosted its holdings in Advanced Micro Devices (AMD) by 38.5%, owning 8,981 shares valued at $923,000 following the purchase of an additional 2,498 shares.
• Several institutional investors modified their positions in AMD, with notable increases including Farmers & Merchants Trust Co, which raised its holdings by 277.8%.
• AMD's quarterly earnings report showed an EPS of $0.48, missing estimates but reflecting a 31.7% revenue increase year-over-year, totaling $7.69 billion.

Jacobi Capital Management LLC increased its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 38.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,981 shares of the semiconductor manufacturer's stock after buying an additional 2,498 shares during the period. Jacobi Capital Management LLC's holdings in Advanced Micro Devices were worth $923,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Farmers & Merchants Trust Co of Chambersburg PA raised its position in shares of 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 valued at $28,000 after buying an additional 200 shares during the last quarter. American Capital Advisory LLC raised its position in shares of Advanced Micro Devices by 90.3% in the first 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 last quarter. Kozak & Associates Inc. grew its holdings in Advanced Micro Devices by 67.6% in the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock valued at $29,000 after purchasing an additional 123 shares during the period. Mpwm Advisory Solutions LLC purchased a new stake in Advanced Micro Devices in the fourth quarter valued at approximately $30,000. Finally, Investors Research Corp grew its holdings in Advanced Micro Devices by 117.9% in the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock valued at $31,000 after purchasing an additional 165 shares during the period. Institutional investors and hedge funds own 71.34% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on AMD shares. Seaport Res Ptn downgraded shares of Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 4th. Erste Group Bank downgraded shares of Advanced Micro Devices from a "buy" rating to a "hold" rating in a report on Thursday. Rosenblatt Securities restated a "buy" rating and issued a $200.00 target price on shares of Advanced Micro Devices in a report on Friday, June 13th. Hsbc Global Res upgraded shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. Finally, Stifel Nicolaus boosted their target price on shares of Advanced Micro Devices from $161.00 to $190.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $180.88.

Advanced Micro Devices Price Performance

AMD opened at $158.57 on Friday. 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, Inc. has a 52-week low of $76.48 and a 52-week high of $186.65. The company has a 50 day moving average of $163.13 and a two-hundred day moving average of $127.12. The company has a market cap of $257.33 billion, a P/E ratio of 91.13, a P/E/G ratio of 1.83 and a beta of 1.92.

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 (EPS) 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 for the quarter, compared to analysts' expectations of $7.41 billion. During the same quarter in the prior year, the firm earned $0.69 earnings per share. Advanced Micro Devices's quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Activity

In other news, EVP Mark D. Papermaster sold 17,998 shares of the company's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the completion of the transaction, the executive vice president directly owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. This represents a 1.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the company's stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the completion of the transaction, 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 disclosure for this sale can be found here. Insiders have sold a total of 270,198 shares of company stock valued at $44,183,576 over the last ninety days. 0.06% of the stock is owned by company insiders.

Advanced Micro Devices Company 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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