CAP Partners LLC Makes New $214,000 Investment in Advanced Micro Devices, Inc. $AMD

CAP Partners LLC purchased a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,511 shares of the semiconductor manufacturer's stock, valued at approximately $214,000.

Several other hedge funds have also added to or reduced their stakes in the business. Avion Wealth lifted its stake in Advanced Micro Devices by 49.3% in the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer's stock worth $30,000 after purchasing an additional 72 shares during the last quarter. FSM Wealth Advisors LLC purchased a new position in shares of Advanced Micro Devices in the second quarter valued at about $201,000. KPP Advisory Services LLC increased its position in shares of Advanced Micro Devices by 6.3% in the second quarter. KPP Advisory Services LLC now owns 5,655 shares of the semiconductor manufacturer's stock valued at $802,000 after acquiring an additional 333 shares during the period. Cornerstone Advisory LLC increased its position in shares of Advanced Micro Devices by 1.4% in the second quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer's stock valued at $606,000 after acquiring an additional 57 shares during the period. Finally, Bleakley Financial Group LLC increased its position in shares of Advanced Micro Devices by 0.7% in the second quarter. Bleakley Financial Group LLC now owns 28,894 shares of the semiconductor manufacturer's stock valued at $4,100,000 after acquiring an additional 204 shares during the period. 71.34% of the stock is owned by institutional investors.

Insider Transactions at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 225,000 shares of the firm's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the firm's stock in a transaction 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 of the company's stock, valued at $51,416,785.98. The trade was a 0.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 274,118 shares of company stock valued at $46,180,719. Company insiders own 0.06% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Rosenblatt Securities boosted their price objective on shares of Advanced Micro Devices from $200.00 to $250.00 and gave the company a "buy" rating in a research report on Tuesday, October 7th. Jefferies Financial Group set a $300.00 price target on shares of Advanced Micro Devices and gave the company a "positive" rating in a research report on Monday, October 6th. Erste Group Bank cut shares of Advanced Micro Devices from a "buy" rating to a "hold" rating in a research report on Thursday, September 11th. Bank of America upped their price objective on shares of Advanced Micro Devices from $250.00 to $300.00 and gave the stock a "buy" rating in a report on Friday, October 17th. Finally, Piper Sandler restated an "overweight" rating and issued a $240.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, October 7th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and an average target price of $233.94.

Advanced Micro Devices Stock Up 2.1%

Shares of Advanced Micro Devices stock opened at $234.99 on Friday. The company has a market cap of $381.35 billion, a price-to-earnings ratio of 135.05, a price-to-earnings-growth ratio of 2.10 and a beta of 1.90. The company's 50 day moving average is $180.58 and its 200 day moving average is $145.45. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $242.88. 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 (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 analysts' consensus estimates of $0.54 by ($0.06). The company had revenue of $7.69 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter last year, the company earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices Company 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.

Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.