Avaii Wealth Management LLC Has $612,000 Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Avaii Wealth Management LLC has increased its holdings in Advanced Micro Devices (AMD) by 87.3% during the second quarter, resulting in a total stock value of $612,000.
• A notable insider trade involved CEO Lisa T. Su selling 225,000 shares of AMD stock valued at approximately $36.89 million, reflecting a 6.28% decrease in her ownership.
• Wall Street analysts have shown optimism for AMD with several brokerages raising their price targets and giving the stock a consensus rating of Moderate Buy with an average target price of $180.88.

Avaii Wealth Management LLC increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 87.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,315 shares of the semiconductor manufacturer's stock after buying an additional 2,011 shares during the quarter. Avaii Wealth Management LLC's holdings in Advanced Micro Devices were worth $612,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sandy Cove Advisors LLC grew its position in Advanced Micro Devices by 1.4% in the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer's stock valued at $776,000 after purchasing an additional 75 shares during the period. Pine Haven Investment Counsel Inc lifted its stake in shares of Advanced Micro Devices by 3.3% in the second quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer's stock valued at $381,000 after buying an additional 85 shares in the last quarter. Seaview Investment Managers LLC lifted its stake in shares of Advanced Micro Devices by 4.3% in the first quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer's stock valued at $232,000 after buying an additional 93 shares in the last quarter. Tompkins Financial Corp grew its holdings in shares of Advanced Micro Devices by 30.3% during the second quarter. Tompkins Financial Corp now owns 417 shares of the semiconductor manufacturer's stock valued at $59,000 after buying an additional 97 shares during the last quarter. Finally, Activest Wealth Management increased its position in shares of Advanced Micro Devices by 9.4% during the first quarter. Activest Wealth Management now owns 1,136 shares of the semiconductor manufacturer's stock worth $117,000 after acquiring an additional 98 shares in the last quarter. Institutional investors own 71.34% of the company's stock.

Insider Activity at Advanced Micro Devices

In related news, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction that occurred 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 sale, the executive vice president owned 125,505 shares of the company's stock, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the transaction, the chief executive officer directly owned 3,359,748 shares of the company's stock, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 270,198 shares of company stock worth $44,183,576. 0.06% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on AMD. Wells Fargo & Company raised their price target on shares of Advanced Micro Devices from $120.00 to $185.00 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. Hsbc Global Res raised Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Truist Financial upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and upped their price target for the stock from $173.00 to $213.00 in a report on Tuesday, August 26th. Mizuho raised their price objective on Advanced Micro Devices from $183.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, August 14th. Finally, The Goldman Sachs Group upgraded shares of Advanced Micro Devices to a "hold" rating and set a $140.00 target price for the company in a report on Thursday, July 10th. Three investment 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 given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $180.88.

Advanced Micro Devices Trading Down 0.0%

NASDAQ AMD opened at $160.88 on Thursday. The stock has a market capitalization of $261.08 billion, a price-to-earnings ratio of 92.46, a PEG ratio of 1.90 and a beta of 1.92. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $186.65. 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 business's fifty day moving average is $165.42 and its 200-day moving average is $130.39.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by ($0.06). The company had revenue of $7.69 billion for the quarter, compared to analysts' expectations 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 quarterly revenue was up 31.7% on a year-over-year basis. During the same quarter last year, the business posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts predict 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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