Charter Capital Management LLC DE Invests $289,000 in Advanced Micro Devices, Inc. $AMD

Key Points

• Charter Capital Management LLC has invested $289,000 in Advanced Micro Devices, Inc. (AMD), acquiring 2,038 shares during the second quarter.
• AMD reported earnings of $0.48 per share for the last quarter, missing analyst estimates of $0.54, but saw a revenue increase of 31.7% year-over-year, totaling $7.69 billion.
• Recent analyst ratings show a consensus of three "Strong Buy", twenty-one "Buy", and thirteen "Hold" ratings, with an average target price of $180.88 for AMD stock.

Charter Capital Management LLC DE acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,038 shares of the semiconductor manufacturer's stock, valued at approximately $289,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in shares of Advanced Micro Devices by 277.8% in the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock worth $28,000 after buying an additional 200 shares during the last quarter. American Capital Advisory LLC lifted its position in Advanced Micro Devices by 90.3% during 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 last quarter. Investors Research Corp boosted its holdings in Advanced Micro Devices by 117.9% during the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock valued at $31,000 after acquiring an additional 165 shares during the period. Kozak & Associates Inc. grew its position in shares of Advanced Micro Devices by 67.6% in the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock valued at $29,000 after purchasing an additional 123 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC increased its stake in shares of Advanced Micro Devices by 185.3% in the first quarter. Financial Network Wealth Advisors LLC now owns 331 shares of the semiconductor manufacturer's stock worth $34,000 after purchasing an additional 215 shares during the period. Institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Trading Up 0.7%

Shares of NASDAQ:AMD opened at $160.90 on Wednesday. The firm has a market cap of $261.11 billion, a price-to-earnings ratio of 92.47, a PEG ratio of 1.88 and a beta of 1.92. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65. The company's fifty day simple moving average is $165.40 and its 200 day simple moving average is $130.18. 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 released its earnings results 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). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter last year, the company posted $0.69 EPS. Advanced Micro Devices's revenue for the quarter was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, August 12th. The stock was 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 in the company, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the company's stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total value of $2,767,996.00. Following the transaction, the executive vice president directly owned 313,848 shares of the company's stock, valued at approximately $50,507,558.64. This trade represents a 5.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 270,198 shares of company stock worth $44,183,576 in the last 90 days. 0.06% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently weighed in on the company. HSBC decreased their target price on Advanced Micro Devices from $200.00 to $185.00 and set a "buy" rating for the company in a research note on Tuesday, September 9th. Melius Research upgraded shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating and raised their price objective for the stock from $110.00 to $175.00 in a research note on Monday, June 23rd. Morgan Stanley cut their target price on shares of Advanced Micro Devices from $185.00 to $168.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 6th. DZ Bank raised shares of Advanced Micro Devices from a "sell" rating to a "hold" rating and set a $165.00 price target for the company in a report on Thursday, August 7th. Finally, Truist Financial upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $173.00 to $213.00 in a report on Tuesday, August 26th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $180.88.

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.

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