B & T Capital Management DBA Alpha Capital Management Acquires Shares of 1,758 Advanced Micro Devices, Inc. $AMD

Key Points

• B & T Capital Management has acquired 1,758 shares of Advanced Micro Devices, Inc. (AMD), valued at approximately $249,000, during the second quarter.
• AMD reported earnings per share (EPS) of $0.48 for the last quarter, missing expectations, despite a year-over-year revenue increase of 31.7%.
• The company has a market cap of $410.45 billion and is trading at approximately $252.92 per share, with recent rating updates setting various price targets between $200 and $270.

B & T Capital Management DBA Alpha Capital Management acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,758 shares of the semiconductor manufacturer's stock, valued at approximately $249,000.

Several other large investors have also made changes to their positions in AMD. AG2R LA Mondiale Gestion D Actifs increased its position in Advanced Micro Devices by 0.9% during the 2nd quarter. AG2R LA Mondiale Gestion D Actifs now owns 60,562 shares of the semiconductor manufacturer's stock worth $8,594,000 after purchasing an additional 534 shares in the last quarter. Keeler Thomas Management LLC bought a new stake in Advanced Micro Devices during the 2nd quarter worth $2,235,000. Boothe Investment Group Inc. increased its holdings in Advanced Micro Devices by 0.8% in the 2nd quarter. Boothe Investment Group Inc. now owns 80,552 shares of the semiconductor manufacturer's stock worth $11,430,000 after purchasing an additional 643 shares in the last quarter. Leelyn Smith LLC increased its holdings in Advanced Micro Devices by 18.2% in the 2nd quarter. Leelyn Smith LLC now owns 8,956 shares of the semiconductor manufacturer's stock worth $1,271,000 after purchasing an additional 1,382 shares in the last quarter. Finally, Allied Investment Advisors LLC bought a new position in Advanced Micro Devices in the second quarter valued at about $205,000. Institutional investors and hedge funds own 71.34% of the company's stock.

Advanced Micro Devices Trading Up 7.6%

Shares of AMD stock opened at $252.92 on Friday. The company 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. The stock's 50 day simple moving average is $182.09 and its two-hundred day simple moving average is $146.65. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $253.39. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.06). The business had revenue of $7.69 billion for the quarter, compared to analysts' expectations of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm's quarterly revenue was up 31.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Wall Street Analyst Weigh In

AMD has been the subject of several recent research reports. Stifel Nicolaus set a $240.00 price target on shares of Advanced Micro Devices in a research report on Monday, October 6th. Wedbush increased their price target on Advanced Micro Devices from $190.00 to $270.00 and gave the company an "outperform" rating in a research note on Wednesday, October 15th. KGI Securities set a $260.00 price objective on Advanced Micro Devices and gave the stock an "outperform" rating in a research note on Monday, October 13th. Cantor Fitzgerald reissued an "overweight" rating and set a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Finally, Susquehanna upped their price objective on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the company a "positive" rating in a research note on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $233.94.

Insider Transactions at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 2,250 shares of the stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total transaction of $371,272.50. Following the transaction, the executive vice president directly owned 311,598 shares in the company, valued at approximately $51,416,785.98. This trade represents a 0.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the sale, the executive vice president directly 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 ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 274,118 shares of company stock worth $46,180,719. Insiders own 0.06% of the company's stock.

About Advanced Micro Devices

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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