Advanced Micro Devices, Inc. $AMD Shares Purchased by Gold Investment Management Ltd.

Key Points

• Gold Investment Management Ltd. increased its holdings in Advanced Micro Devices, Inc. by 65.9% during Q2, owning a total of 5,221 shares valued at approximately $730,000.
• Multiple institutional investors are actively buying AMD shares, contributing to over 71% of the stock being held by institutional investors and hedge funds.
• Wall Street analysts have raised their price targets for AMD, with estimates now ranging up to $213.00, indicating a consensus rating of "Moderate Buy."

Gold Investment Management Ltd. raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 65.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,221 shares of the semiconductor manufacturer's stock after buying an additional 2,074 shares during the period. Gold Investment Management Ltd.'s holdings in Advanced Micro Devices were worth $730,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Parisi Gray Wealth Management acquired a new position in Advanced Micro Devices during the second quarter valued at approximately $343,000. Davis Investment Partners LLC purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $736,000. Sivia Capital Partners LLC raised its stake in shares of Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock valued at $758,000 after purchasing an additional 2,970 shares during the period. Fragasso Financial Advisors Inc raised its stake in shares of Advanced Micro Devices by 151.3% during the second quarter. Fragasso Financial Advisors Inc now owns 5,628 shares of the semiconductor manufacturer's stock valued at $799,000 after purchasing an additional 3,388 shares during the period. Finally, Modern Wealth Management LLC purchased a new stake in shares of Advanced Micro Devices during the first quarter valued at approximately $644,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, 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 value of $1,732,100.00. Following the completion of the transaction, the executive vice president owned 125,505 shares of the company's stock, valued at $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the business's stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the transaction, the executive vice president directly owned 313,848 shares of the company's stock, valued at approximately $50,507,558.64. This trade represents a 5.20% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 272,448 shares of company stock worth $44,554,848. Company insiders own 0.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Raymond James Financial lifted their price objective on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the company an "outperform" rating in a research note on Wednesday, August 6th. Truist Financial upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and lifted their price objective for the company from $173.00 to $213.00 in a research note on Tuesday, August 26th. Mizuho lifted their price objective on shares of Advanced Micro Devices from $183.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, August 14th. Citigroup raised their price target on shares of Advanced Micro Devices from $145.00 to $165.00 and gave the stock a "neutral" rating in a research report on Friday, July 18th. Finally, DZ Bank raised 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 research report on Thursday, August 7th. 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 stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $180.88.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $164.01 on Thursday. The company has a market cap of $266.16 billion, a PE ratio of 94.26, a P/E/G ratio of 1.91 and a beta of 1.90. The company has a fifty day moving average price of $165.82 and a two-hundred day moving average price of $132.56. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. 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 released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion during 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 business's revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share 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.

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