Community Trust & Investment Co. Purchases 4,442 Shares of Advanced Micro Devices, Inc. $AMD

Community Trust & Investment Co. grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 2.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 156,224 shares of the semiconductor manufacturer's stock after purchasing an additional 4,442 shares during the quarter. Advanced Micro Devices comprises about 1.3% of Community Trust & Investment Co.'s holdings, making the stock its 21st biggest holding. Community Trust & Investment Co.'s holdings in Advanced Micro Devices were worth $22,168,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Parisi Gray Wealth Management bought a new position in Advanced Micro Devices in the 2nd quarter worth $343,000. Davis Investment Partners LLC bought a new position in Advanced Micro Devices in the 2nd quarter worth $736,000. Sivia Capital Partners LLC grew its position in shares of Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock worth $758,000 after buying an additional 2,970 shares during the period. Fragasso Financial Advisors Inc grew its position in shares of Advanced Micro Devices by 151.3% in the 2nd quarter. Fragasso Financial Advisors Inc now owns 5,628 shares of the semiconductor manufacturer's stock worth $799,000 after buying an additional 3,388 shares during the period. Finally, Modern Wealth Management LLC purchased a new stake in shares of Advanced Micro Devices in the 1st quarter worth about $644,000. 71.34% of the stock is currently owned by institutional investors.

Insider Activity

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the firm's stock in a transaction that occurred on 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 owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. This trade represents a 1.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the firm'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 transaction of $2,767,996.00. Following the sale, the executive vice president owned 313,848 shares in the company, valued at approximately $50,507,558.64. The trade was a 5.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 270,198 shares of company stock worth $44,183,576 in the last quarter. 0.06% of the stock is currently owned by insiders.

Analyst Ratings Changes

AMD has been the topic of a number of recent research reports. Wedbush reaffirmed a "cautious" rating on shares of Advanced Micro Devices in a research report on Saturday, August 9th. JPMorgan Chase & Co. upped their target price on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 6th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $200.00 target price on shares of Advanced Micro Devices in a research report on Friday, June 13th. Erste Group Bank downgraded shares of Advanced Micro Devices from a "buy" rating to a "hold" rating in a research report on Thursday, September 11th. Finally, Deutsche Bank Aktiengesellschaft set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $180.88.

Advanced Micro Devices Price Performance

NASDAQ AMD opened at $159.16 on Thursday. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65. The stock has a market cap of $258.29 billion, a price-to-earnings ratio of 91.47, a PEG ratio of 1.89 and a beta of 1.92. The company's 50 day moving average is $164.53 and its two-hundred day moving average is $128.34. The company has a current ratio of 2.49, a quick ratio of 1.81 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 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 in the previous year, the business posted $0.69 EPS. Advanced Micro Devices's revenue 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 anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

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.

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