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Advanced Micro Devices, Inc. $AMD Shares Bought by Integrity Alliance LLC.

Advanced Micro Devices logo with Computer and Technology background

Key Points

  • Integrity Alliance LLC increased its stake in Advanced Micro Devices (AMD) by 331.1%, acquiring 16,214 shares, bringing their total to 21,111 shares valued at $2,169,000.
  • Several other institutional investors also raised their positions in AMD, including Graham Capital Management, which grew its stake by 383.0% during the fourth quarter.
  • Wall Street analysts have set optimistic price targets for AMD, with UBS Group increasing their estimate from $150 to $210, while the average rating stands at "Moderate Buy".
  • MarketBeat previews the top five stocks to own by October 1st.

Integrity Alliance LLC. grew its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 331.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,111 shares of the semiconductor manufacturer's stock after acquiring an additional 16,214 shares during the period. Integrity Alliance LLC.'s holdings in Advanced Micro Devices were worth $2,169,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC increased its position in shares of Advanced Micro Devices by 178.2% in the fourth 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 in the last quarter. Revolve Wealth Partners LLC lifted its stake in 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 in the last quarter. Bank Pictet & Cie Europe AG lifted its stake in 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 buying an additional 29,825 shares in the last quarter. Triumph Capital Management grew its holdings in Advanced Micro Devices by 27.2% during the 4th quarter. Triumph Capital Management now owns 23,327 shares of the semiconductor manufacturer's stock valued at $2,818,000 after buying an additional 4,992 shares during the last quarter. Finally, Graham Capital Management L.P. increased its position in Advanced Micro Devices by 383.0% during the fourth quarter. Graham Capital Management L.P. now owns 8,689 shares of the semiconductor manufacturer's stock worth $1,050,000 after buying an additional 6,890 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Insider Activity at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the transaction, the executive vice president directly owned 1,713,710 shares of the company's stock, valued at $265,676,461.30. The trade was a 1.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Lisa T. Su sold 225,000 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the sale, 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 disclosure for this sale can be found here. Over the last 90 days, insiders have sold 252,998 shares of company stock worth $41,415,580. 0.06% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on AMD shares. Sanford C. Bernstein increased their price objective on Advanced Micro Devices from $95.00 to $140.00 and gave the company a "market perform" rating in a research note on Monday, July 21st. UBS Group raised their price target on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a "buy" rating in a research note on Monday, July 28th. DZ Bank upgraded shares of Advanced Micro Devices from a "sell" rating to a "hold" rating and set a $165.00 price target for the company in a report on Thursday, August 7th. TD Cowen upped their price objective on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $200.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $180.88.

Check Out Our Latest Report on Advanced Micro Devices

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $159.54 on Thursday. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $186.65. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The company has a 50 day moving average price of $162.37 and a 200 day moving average price of $126.42. The firm has a market capitalization of $258.91 billion, a price-to-earnings ratio of 91.69, a price-to-earnings-growth ratio of 1.84 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results 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 net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same quarter last year, the business earned $0.69 EPS. 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. Sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices announced that its board has initiated a stock repurchase program on Wednesday, May 14th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the semiconductor manufacturer to purchase up to 3.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Advanced Micro Devices Company Profile

(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

Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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