Advanced Micro Devices, Inc. $AMD Shares Purchased by Advisors Capital Management LLC

Key Points

• Advisors Capital Management LLC increased its holdings in Advanced Micro Devices (AMD) by 5.7%, owning 53,503 shares worth approximately $5.5 million after purchasing an additional 2,907 shares in the 1st quarter.
• AMD shares recently traded at $155.67, reflecting a 2.4% decline, alongside a market capitalization of $252.63 billion and a P/E ratio of 89.47.
• Despite reporting $0.48 EPS for the quarter—missing estimates by $0.06—AMD's revenue reached $7.69 billion, exceeding analyst expectations of $7.41 billion.

Advisors Capital Management LLC boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 5.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 53,503 shares of the semiconductor manufacturer's stock after buying an additional 2,907 shares during the quarter. Advisors Capital Management LLC's holdings in Advanced Micro Devices were worth $5,497,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in Advanced Micro Devices by 1.4% in the first quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer's stock worth $15,654,222,000 after buying an additional 2,157,199 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Advanced Micro Devices by 9.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 21,401,436 shares of the semiconductor manufacturer's stock worth $2,585,079,000 after buying an additional 1,929,225 shares during the last quarter. Amundi grew its position in Advanced Micro Devices by 8.0% in the first quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer's stock worth $1,677,014,000 after buying an additional 1,319,064 shares during the last quarter. Invesco Ltd. grew its position in Advanced Micro Devices by 4.0% in the first quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer's stock worth $1,214,285,000 after buying an additional 450,695 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Advanced Micro Devices by 4.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer's stock worth $1,083,815,000 after purchasing an additional 466,048 shares during the period. Institutional investors and hedge funds own 71.34% of the company's stock.

Advanced Micro Devices Trading Down 2.4%

Shares of NASDAQ:AMD opened at $155.67 on Friday. The firm has a fifty day moving average of $162.72 and a two-hundred day moving average of $126.75. The firm has a market capitalization of $252.63 billion, a P/E ratio of 89.47, a price-to-earnings-growth ratio of 1.88 and a beta of 1.92. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65. 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 issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by ($0.06). The company had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company's quarterly revenue was up 31.7% on a year-over-year basis. During the same period last year, the business earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Activity at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction 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 completion of the sale, the chief executive officer owned 3,359,748 shares of the company's stock, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction on Tuesday, August 12th. The shares were 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 directly owned 125,505 shares of the company's stock, 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 sold 252,998 shares of company stock valued at $41,415,580. Insiders own 0.06% of the company's stock.

Analysts Set New Price Targets

AMD has been the subject of a number of recent analyst reports. UBS Group raised their price objective 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. JPMorgan Chase & Co. raised their price objective on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 6th. Truist Financial raised shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and raised their price objective for the stock from $173.00 to $213.00 in a research note on Tuesday, August 26th. Hsbc Global Res raised shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 10th. Finally, Sanford C. Bernstein raised their price objective on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the stock a "market perform" rating in a research note on Monday, July 21st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $180.88.

About Advanced Micro Devices

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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