Allied Investment Advisors LLC Makes New Investment in Advanced Micro Devices, Inc. $AMD

Key Points

• Allied Investment Advisors LLC purchased 1,443 shares of Advanced Micro Devices, Inc. (AMD) worth approximately $205,000 in the second quarter of the year.
• Institutional investors and hedge funds own 71.34% of AMD's stock, with significant stakes raised recently by firms like Vanguard Group and T. Rowe Price Investment Management.
• AMD shares opened at $252.92 and reached a twelve-month high of $253.39, with a recent earnings report indicating a revenue increase of 31.7% year-over-year despite missing EPS estimates.

Allied Investment Advisors LLC bought a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,443 shares of the semiconductor manufacturer's stock, valued at approximately $205,000.

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Advanced Micro Devices by 1.4% during the first quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer's stock worth $15,654,222,000 after acquiring an additional 2,157,199 shares during the period. Amundi increased its stake in Advanced Micro Devices by 8.0% in the 1st quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer's stock valued at $1,677,014,000 after buying an additional 1,319,064 shares during the last quarter. Invesco Ltd. increased its stake in Advanced Micro Devices by 4.0% in the 1st quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer's stock valued at $1,214,285,000 after buying an additional 450,695 shares during the last quarter. Charles Schwab Investment Management Inc. increased 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 valued at $1,083,815,000 after buying an additional 466,048 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. increased its stake in Advanced Micro Devices by 131.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer's stock valued at $1,069,846,000 after buying an additional 5,915,185 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,800 shares of the firm's stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total value of $3,767,904.00. Following the completion of the sale, the executive vice president directly owned 1,714,505 shares in the company, valued at approximately $384,529,181.40. This trade represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 transaction of $648,196.68. Following the completion of the sale, the senior vice president owned 9,033 shares of the company's stock, valued at $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 274,118 shares of company stock valued at $46,180,719 over the last 90 days. 0.06% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AMD. Stifel Nicolaus set a $240.00 price objective on shares of Advanced Micro Devices in a research note on Monday, October 6th. Susquehanna boosted their price objective on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the stock a "positive" rating in a research note on Wednesday, July 30th. Evercore ISI boosted their price objective on shares of Advanced Micro Devices from $188.00 to $240.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 7th. Roth Capital set a $250.00 target price on shares of Advanced Micro Devices and gave the stock a "buy" rating in a report on Monday, October 6th. Finally, Morgan Stanley boosted their price objective on shares of Advanced Micro Devices from $168.00 to $246.00 and gave the company an "equal weight" rating in a report on Tuesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $233.94.

Advanced Micro Devices Trading Up 7.6%

AMD opened at $252.92 on Friday. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $253.39. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The company has a fifty day moving average of $182.09 and a 200-day moving average of $146.65. The stock has a market cap of $410.45 billion, a PE ratio of 145.36, a price-to-earnings-growth ratio of 2.15 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings data 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). 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 for the quarter, compared to analyst estimates of $7.41 billion. During the same quarter last year, the company earned $0.69 earnings per share. The company's quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices Company 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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