Caliber Wealth Management LLC KS Has $2 Million Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Caliber Wealth Management LLC KS increased its stake in Advanced Micro Devices, Inc. (AMD) by 21.3% during the second quarter, now owning 14,069 shares valued at approximately $2 million.
• Multiple hedge funds, including Dogwood Wealth Management LLC and West Branch Capital LLC, drastically raised their holdings in AMD, indicating growing institutional interest with 71.34% of the stock now owned by institutional investors.
• Analysts have raised their price targets for AMD, with Morgan Stanley setting a new target of $246 and Barclays increasing theirs to $300, reflecting a generally positive outlook for the semiconductor manufacturer.

Caliber Wealth Management LLC KS lifted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 21.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,069 shares of the semiconductor manufacturer's stock after acquiring an additional 2,472 shares during the period. Caliber Wealth Management LLC KS's holdings in Advanced Micro Devices were worth $1,996,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Dogwood Wealth Management LLC raised its holdings in shares of Advanced Micro Devices by 2,311.1% during the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer's stock worth $30,000 after buying an additional 208 shares in the last quarter. West Branch Capital LLC raised its stake in Advanced Micro Devices by 3,057.1% during the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock worth $31,000 after acquiring an additional 214 shares in the last quarter. High Note Wealth LLC lifted its holdings in shares of Advanced Micro Devices by 285.5% in the second quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer's stock worth $38,000 after acquiring an additional 197 shares during the last quarter. Farmers & Merchants Trust Co of Chambersburg PA boosted its stake in shares of Advanced Micro Devices by 277.8% in 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. Finally, American Capital Advisory LLC boosted its stake in shares of Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock valued at $28,000 after purchasing an additional 130 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AMD shares. Morgan Stanley upped their price objective on shares of Advanced Micro Devices from $168.00 to $246.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 7th. Barclays upped their price target on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the stock an "overweight" rating in a report on Monday, October 6th. UBS Group increased their price target on Advanced Micro Devices from $210.00 to $265.00 and gave the company a "buy" rating in a research note on Tuesday, October 7th. Roth Capital set a $250.00 price objective on Advanced Micro Devices and gave the stock a "buy" rating in a research report on Monday, October 6th. Finally, Erste Group Bank cut Advanced Micro Devices from a "buy" rating to a "hold" rating in a report on Thursday, September 11th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $233.94.

Advanced Micro Devices Stock Down 1.1%

Shares of NASDAQ AMD opened at $238.03 on Wednesday. The firm has a market cap of $386.29 billion, a PE ratio of 136.80, a P/E/G ratio of 2.20 and a beta of 1.90. 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 $242.88. The company's fifty day simple moving average is $178.59 and its 200 day simple moving average is $143.81.

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

Insider Activity

In related news, EVP Mark D. Papermaster sold 16,800 shares of the business's stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the transaction, the executive vice president directly owned 1,714,505 shares in the company, valued at approximately $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the company's stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the completion of the sale, the executive vice president directly owned 313,848 shares of the company's stock, valued at $50,507,558.64. The trade was a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 274,118 shares of company stock worth $46,180,719. Company 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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