Ameritas Advisory Services LLC Has $3.34 Million Stock Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Ameritas Advisory Services LLC significantly increased its stake in Advanced Micro Devices by 142.8% in Q2, now holding 23,509 shares valued at approximately $3.34 million.
• Several institutional investors have also acquired or boosted their positions in AMD, with overall institutional ownership at 71.34%.
• Analysts maintain a consensus rating of "Moderate Buy" for AMD, with price targets ranging from $150.00 to $190.00, despite a recent quarterly earnings miss.

Ameritas Advisory Services LLC boosted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 142.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,509 shares of the semiconductor manufacturer's stock after buying an additional 13,827 shares during the period. Ameritas Advisory Services LLC's holdings in Advanced Micro Devices were worth $3,336,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in Advanced Micro Devices by 18.8% during the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 29,804 shares of the semiconductor manufacturer's stock worth $4,229,000 after buying an additional 4,719 shares in the last quarter. Greenwood Capital Associates LLC acquired a new stake in Advanced Micro Devices during the second quarter worth $5,709,000. Synergy Asset Management LLC acquired a new stake in Advanced Micro Devices during the second quarter worth $220,000. Cromwell Holdings LLC boosted its stake in Advanced Micro Devices by 12.4% during the second quarter. Cromwell Holdings LLC now owns 5,251 shares of the semiconductor manufacturer's stock worth $745,000 after buying an additional 581 shares in the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in Advanced Micro Devices during the second quarter worth $234,000. Institutional investors and hedge funds own 71.34% of the company's stock.

Wall Street Analyst Weigh In

AMD has been the topic of a number of recent research reports. Roth Capital set a $150.00 price target on shares of Advanced Micro Devices and gave the stock a "buy" rating in a research note on Friday, June 13th. Evercore ISI lifted their price target on shares of Advanced Micro Devices from $144.00 to $188.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. Stifel Nicolaus lifted their price objective on Advanced Micro Devices from $161.00 to $190.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Erste Group Bank cut Advanced Micro Devices from a "buy" rating to a "hold" rating in a report on Thursday, September 11th. Finally, HSBC cut their price objective on Advanced Micro Devices from $200.00 to $185.00 and set a "buy" rating for the company in a report on Tuesday, September 9th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned 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 company presently has a consensus rating of "Moderate Buy" and an average price target of $180.88.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 2,250 shares of the business's stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the sale, the executive vice president directly 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the sale, the chief executive officer directly owned 3,359,748 shares of the company's stock, valued at $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 272,448 shares of company stock valued at $44,554,848. 0.06% of the stock is owned by company insiders.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $169.73 on Friday. The stock has a 50-day simple moving average of $165.97 and a 200 day simple moving average of $133.01. 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, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65. The stock has a market capitalization of $275.44 billion, a price-to-earnings ratio of 97.55, a P/E/G ratio of 1.93 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly 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 business had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business's quarterly revenue was up 31.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research 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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