Advanced Micro Devices, Inc. $AMD Shares Bought by Catalyst Capital Advisors LLC

Key Points

• Catalyst Capital Advisors LLC increased its stake in Advanced Micro Devices (AMD) by 88.9% during the 2nd quarter, now owning a total of 2,331 shares valued at approximately $331,000.
• Advanced Micro Devices reported a quarterly EPS of $0.48, missing estimates, although its revenue of $7.69 billion surpassed expectations, marking a year-over-year increase of 31.7%.
• Several analysts have set varied price targets for AMD, with Jefferies Group projecting a target of $300.00 and Deutsche Bank suggesting a hold rating with a price target of $235.00.

Catalyst Capital Advisors LLC grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 88.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,331 shares of the semiconductor manufacturer's stock after buying an additional 1,097 shares during the quarter. Catalyst Capital Advisors LLC's holdings in Advanced Micro Devices were worth $331,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in AMD. Brighton Jones LLC boosted its stake in shares of Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock valued at $5,551,000 after buying an additional 29,438 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock valued at $1,001,000 after buying an additional 234 shares during the period. GAMMA Investing LLC boosted its stake in shares of Advanced Micro Devices by 18.7% in the 1st quarter. GAMMA Investing LLC now owns 19,554 shares of the semiconductor manufacturer's stock valued at $2,009,000 after buying an additional 3,084 shares during the period. Moran Wealth Management LLC boosted its stake in shares of Advanced Micro Devices by 2.3% in the 1st quarter. Moran Wealth Management LLC now owns 13,717 shares of the semiconductor manufacturer's stock valued at $1,409,000 after buying an additional 304 shares during the period. Finally, Bessemer Group Inc. boosted its stake in shares of Advanced Micro Devices by 5.7% in the 1st quarter. Bessemer Group Inc. now owns 23,706 shares of the semiconductor manufacturer's stock valued at $2,435,000 after buying an additional 1,283 shares during the period. Hedge funds and other institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Trading Up 7.6%

AMD opened at $252.92 on Friday. The firm has a market cap of $410.45 billion, a price-to-earnings ratio of 145.36, a price-to-earnings-growth ratio of 2.15 and a beta of 1.90. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $253.39. The business's 50 day moving average is $182.09 and its two-hundred day moving average is $146.65. 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 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). The firm had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company's quarterly revenue was up 31.7% on a year-over-year basis. During the same period last year, the firm earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insiders Place Their Bets

In other news, SVP Ava Hahn sold 2,868 shares of the business's stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the transaction, the senior vice president owned 9,033 shares of the company's stock, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the business's stock in a transaction that occurred on 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 completion of the transaction, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 274,118 shares of company stock valued at $46,180,719. 0.06% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Jefferies Financial Group set a $300.00 price objective on Advanced Micro Devices and gave the company a "positive" rating in a research note on Monday, October 6th. Deutsche Bank Aktiengesellschaft set a $235.00 target price on Advanced Micro Devices and gave the stock a "hold" rating in a research note on Tuesday, October 14th. Erste Group Bank cut Advanced Micro Devices from a "buy" rating to a "hold" rating in a research note on Thursday, September 11th. Weiss Ratings restated a "sell (d+)" rating on shares of Advanced Micro Devices in a research note on Friday. Finally, The Goldman Sachs Group boosted their target price on Advanced Micro Devices from $150.00 to $210.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and an average target price of $233.94.

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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