Advanced Micro Devices, Inc. $AMD Shares Purchased by Bellecapital International Ltd.

Key Points

• Bellecapital International Ltd. increased its stake in Advanced Micro Devices, Inc. by 1.3%, bringing its total shares to 168,355, which represents 4.2% of its investment portfolio.
• Several hedge funds have significantly raised their positions in AMD, with increases ranging from 90.3% to over 3,000% during the first and second quarters.
• Analysts have adjusted their price targets for AMD, with KGI Securities setting a target of $260 and HSBC raising it to $310, reflecting strong market confidence in the stock's growth potential.

Bellecapital International Ltd. lifted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 1.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 168,355 shares of the semiconductor manufacturer's stock after purchasing an additional 2,204 shares during the period. Advanced Micro Devices makes up 4.2% of Bellecapital International Ltd.'s investment portfolio, making the stock its 6th largest holding. Bellecapital International Ltd.'s holdings in Advanced Micro Devices were worth $23,890,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in AMD. Farmers & Merchants Trust Co of Chambersburg PA increased its holdings in Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 200 shares in the last quarter. American Capital Advisory LLC lifted its position in Advanced Micro Devices by 90.3% during 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 in the last quarter. Dogwood Wealth Management LLC lifted its position in Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer's stock valued at $30,000 after buying an additional 208 shares in the last quarter. West Branch Capital LLC lifted its position in Advanced Micro Devices by 3,057.1% during the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock valued at $31,000 after buying an additional 214 shares in the last quarter. Finally, Bear Mountain Capital Inc. lifted its position in shares of Advanced Micro Devices by 75.0% during the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer's stock worth $34,000 after purchasing an additional 150 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on AMD shares. KGI Securities set a $260.00 price target on shares of Advanced Micro Devices and gave the stock an "outperform" rating in a research note on Monday. Rosenblatt Securities upped their price target on shares of Advanced Micro Devices from $200.00 to $250.00 and gave the stock a "buy" rating in a research report on Tuesday, October 7th. Sanford C. Bernstein raised their target price on shares of 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. Citigroup upped their price target on shares of Advanced Micro Devices from $180.00 to $215.00 and gave the company a "neutral" rating in a report on Tuesday, October 7th. Finally, HSBC upped their price target on shares of Advanced Micro Devices from $185.00 to $310.00 and gave the company a "buy" rating in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $231.00.

Advanced Micro Devices Stock Up 9.4%

AMD opened at $238.60 on Thursday. The stock has a market capitalization of $387.21 billion, a price-to-earnings ratio of 137.13, a P/E/G ratio of 2.56 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $240.10. The business has a 50 day moving average of $173.51 and a 200-day moving average of $139.66. The company has a current ratio of 2.49, a quick ratio of 1.81 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 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 firm had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same period last year, the business earned $0.69 earnings per share. 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. As a group, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insiders Place Their Bets

In other news, SVP Ava Hahn sold 2,868 shares of the firm's stock in a transaction 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 completion of the sale, the senior vice president directly owned 9,033 shares in the company, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Forrest Eugene Norrod sold 2,250 shares of Advanced Micro Devices stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total value of $371,272.50. Following the completion of the sale, the executive vice president owned 311,598 shares of the company's stock, valued at approximately $51,416,785.98. The trade was a 0.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 257,318 shares of company stock valued at $42,412,815. 0.06% of the stock is owned by corporate insiders.

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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