CacheTech Inc. Has $3.06 Million Stake in Advanced Micro Devices, Inc. $AMD

Key Points

• CacheTech Inc. increased its stake in Advanced Micro Devices (AMD) by 26.5%, bringing its total holdings to 29,752 shares worth approximately $3.06 million as of the end of the first quarter.
• Several other institutional investors, including Seven Mile Advisory and Adams Wealth Management, also boosted their stakes in AMD during the same period.
• AMD's recent earnings report showed a revenue of $7.69 billion for the quarter, exceeding expectations, despite a miss in earnings per share by $0.06.

CacheTech Inc. raised its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 26.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,752 shares of the semiconductor manufacturer's stock after buying an additional 6,231 shares during the period. CacheTech Inc.'s holdings in Advanced Micro Devices were worth $3,056,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of AMD. Greenline Partners LLC acquired a new stake in shares of Advanced Micro Devices during the 4th quarter valued at $28,000. Farmers & Merchants Trust Co of Chambersburg PA raised its holdings in shares of Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock valued at $28,000 after purchasing an additional 200 shares in the last quarter. American Capital Advisory LLC raised its holdings in Advanced Micro Devices by 90.3% in the 1st 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 period. Kozak & Associates Inc. raised its holdings in Advanced Micro Devices by 67.6% in the 1st 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. Finally, Mpwm Advisory Solutions LLC bought a new position in Advanced Micro Devices in the 4th quarter worth $30,000. Institutional investors and hedge funds own 71.34% of the company's stock.

Insider Activity

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the company's stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the sale, the executive vice president directly owned 1,713,710 shares of the company's stock, valued at approximately $265,676,461.30. This represents a 1.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the company'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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. 0.06% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently commented on AMD shares. TD Cowen lifted their target price on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $200.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Wedbush reiterated a "cautious" rating on shares of Advanced Micro Devices in a report on Saturday, August 9th. Mizuho lifted their target price on shares of Advanced Micro Devices from $183.00 to $205.00 and gave the stock an "outperform" rating in a report on Thursday, August 14th. Finally, Stifel Nicolaus boosted their price objective on shares of Advanced Micro Devices from $161.00 to $190.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $180.12.

Advanced Micro Devices Price Performance

NASDAQ AMD traded down $1.1650 on Wednesday, reaching $165.3850. The company's stock had a trading volume of 55,984,083 shares, compared to its average volume of 46,988,848. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The firm has a market cap of $268.39 billion, a PE ratio of 95.05, a price-to-earnings-growth ratio of 2.08 and a beta of 1.94. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $186.65. The business has a 50-day moving average price of $152.66 and a 200 day moving average price of $121.02.

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

Advanced Micro Devices declared that its Board of Directors has initiated a share buyback program on Wednesday, May 14th that authorizes the company to buyback $6.00 billion in outstanding shares. This buyback authorization authorizes the semiconductor manufacturer to repurchase up to 3.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its shares are undervalued.

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.