Archford Capital Strategies LLC Has $1.51 Million Stake in Advanced Micro Devices, Inc. $AMD

Key Points

• Archford Capital Strategies LLC reduced its stake in Advanced Micro Devices, Inc. by 36.3%, owning a total of 10,626 shares valued at approximately $1.51 million.
• A number of institutional investors significantly increased their holdings in AMD, with West Branch Capital LLC raising its stake by 3,057.1% during the second quarter.
• Analysts have issued positive forecasts for AMD, with price targets raised to as high as $210, reflecting a consensus rating of "Moderate Buy" for the stock.

Archford Capital Strategies LLC trimmed its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 36.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,626 shares of the semiconductor manufacturer's stock after selling 6,043 shares during the period. Archford Capital Strategies LLC's holdings in Advanced Micro Devices were worth $1,508,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AMD. Farmers & Merchants Trust Co of Chambersburg PA lifted its holdings in shares of Advanced Micro Devices by 277.8% during the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock worth $28,000 after buying an additional 200 shares during the last quarter. American Capital Advisory LLC grew its stake in shares of Advanced Micro Devices by 90.3% in the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock worth $28,000 after acquiring an additional 130 shares during the last quarter. Kozak & Associates Inc. increased its position in Advanced Micro Devices by 67.6% during the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock worth $29,000 after acquiring an additional 123 shares during the period. Investors Research Corp increased its position in Advanced Micro Devices by 117.9% during the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock worth $31,000 after acquiring an additional 165 shares during the period. Finally, West Branch Capital LLC raised its stake in Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock valued at $31,000 after purchasing an additional 214 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AMD. Bank of America raised their price target on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Sanford C. Bernstein upped their target price on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the stock a "market perform" rating in a research report on Monday, July 21st. Deutsche Bank Aktiengesellschaft set a $200.00 price target on Advanced Micro Devices in a report on Wednesday, August 6th. Susquehanna upped their target price on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the company a "positive" rating in a research report on Wednesday, July 30th. Finally, Raymond James Financial boosted their price objective on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Three 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price 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 shares were 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 $51,416,785.98. The trade was a 0.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the sale, the executive vice president directly owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 272,448 shares of company stock worth $44,554,848 over the last ninety days. Corporate insiders own 0.06% of the company's stock.

Advanced Micro Devices Price Performance

Shares of AMD opened at $159.46 on Monday. The company's 50-day moving average is $165.48 and its 200-day moving average is $131.71. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The firm has a market capitalization of $258.78 billion, a PE ratio of 91.64, a PEG ratio of 1.88 and a beta of 1.92. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $186.65.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted 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). The firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. Advanced Micro Devices's revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS 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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