AM Investment Strategies LLC Invests $264,000 in Advanced Micro Devices, Inc. $AMD

Key Points

• AM Investment Strategies LLC has invested $264,000 in Advanced Micro Devices, Inc., acquiring 1,865 shares during the second quarter.
• Insider selling has been notable, with EVP Mark D. Papermaster selling nearly 18,000 shares and EVP Paul Darren Grasby selling 10,000 shares, both resulting in significant decreases in their ownership stakes.
• Analysts have raised price targets for AMD stock, with notable upgrades from several firms, pushing the average price target to $180.88 and maintaining a consensus rating of "Moderate Buy."

AM Investment Strategies LLC acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 1,865 shares of the semiconductor manufacturer's stock, valued at approximately $264,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Family Investment Center Inc. acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter worth $244,000. Bank of Stockton acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter worth $255,000. CGN Advisors LLC acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter worth $202,000. Martin Capital Advisors LLP acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter worth $236,000. Finally, Christensen King & Associates Investment Services Inc. acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter worth $216,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the firm's stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the transaction, the executive vice president owned 1,713,710 shares of the company's stock, valued at $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the firm's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the transaction, the executive vice president directly owned 125,505 shares in the company, valued at $21,738,721.05. This represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 270,198 shares of company stock worth $44,183,576. Insiders own 0.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Stifel Nicolaus upped their price objective on Advanced Micro Devices from $161.00 to $190.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Raymond James Financial increased their price target on Advanced Micro Devices from $120.00 to $200.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Wells Fargo & Company increased their price target on Advanced Micro Devices from $120.00 to $185.00 and gave the company an "overweight" rating in a report on Wednesday, July 16th. DZ Bank upgraded 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. Finally, TD Cowen increased their price target on Advanced Micro Devices from $165.00 to $195.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $180.88.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $160.90 on Wednesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $186.65. The company's 50-day simple moving average is $165.40 and its 200-day simple moving average is $130.18. The stock has a market capitalization of $261.11 billion, a price-to-earnings ratio of 92.47, a PEG ratio of 1.88 and a beta of 1.92.

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). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same period in the prior year, the business earned $0.69 EPS. The business's revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal 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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