Farmers & Merchants Trust Co of Chambersburg PA Acquires 1,900 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Farmers & Merchants Trust Co of Chambersburg PA increased its stake in Advanced Micro Devices, Inc. by 698.5% in Q2, owning 2,172 shares valued at approximately $308,000.
• Insider transactions revealed that EVP Mark D. Papermaster and EVP Forrest Eugene Norrod sold significant amounts of stock, reducing their positions by 1.04% and 5.20%, respectively.
• Analysts have mixed ratings on AMD, with a consensus price target of $180.88 and several upgrades and changes in target prices noted in recent reports.

Farmers & Merchants Trust Co of Chambersburg PA raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 698.5% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 2,172 shares of the semiconductor manufacturer's stock after buying an additional 1,900 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA's holdings in Advanced Micro Devices were worth $308,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of AMD. Brighton Jones LLC raised 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 purchasing an additional 29,438 shares during the period. Revolve Wealth Partners LLC grew its holdings 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 acquiring an additional 234 shares in the last quarter. Bank Pictet & Cie Europe AG grew its holdings in shares of Advanced Micro Devices by 12.7% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 264,574 shares of the semiconductor manufacturer's stock valued at $31,958,000 after acquiring an additional 29,825 shares in the last quarter. Zurich Insurance Group Ltd FI bought a new position in Advanced Micro Devices during the fourth quarter worth about $17,428,000. Finally, Waverly Advisors LLC boosted its holdings in shares of Advanced Micro Devices by 238.3% during the fourth quarter. Waverly Advisors LLC now owns 30,274 shares of the semiconductor manufacturer's stock worth $3,657,000 after acquiring an additional 21,325 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 3,359,748 shares of the company's stock, valued at $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction dated Wednesday, September 10th. The stock was 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 directly owned 313,848 shares of the company's stock, valued at approximately $50,507,558.64. The trade was 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 worth $44,183,576 over the last ninety days. 0.06% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

AMD has been the subject of a number of research analyst reports. Rosenblatt Securities restated a "buy" rating and set a $200.00 price objective on shares of Advanced Micro Devices in a report on Friday, June 13th. JPMorgan Chase & Co. upped their target price on Advanced Micro Devices from $120.00 to $180.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 6th. Susquehanna upped their target price on Advanced Micro Devices from $135.00 to $210.00 and gave the stock a "positive" rating in a research note on Wednesday, July 30th. Roth Capital set a $150.00 price target on shares of Advanced Micro Devices and gave the stock a "buy" rating in a report on Friday, June 13th. Finally, Cantor Fitzgerald reiterated an "overweight" rating and set a $200.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Three 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. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $180.88.

Advanced Micro Devices Trading Down 0.3%

Advanced Micro Devices stock traded down $0.53 during mid-day trading on Friday, hitting $157.39. The company's stock had a trading volume of 55,344,690 shares, compared to its average volume of 42,108,448. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The stock has a market cap of $255.42 billion, a price-to-earnings ratio of 90.45, a price-to-earnings-growth ratio of 1.86 and a beta of 1.92. The business has a 50 day moving average price of $165.02 and a 200-day moving average price of $129.14. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65.

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

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.