Davis Investment Partners LLC Invests $736,000 in Advanced Micro Devices, Inc. $AMD

Key Points

• Davis Investment Partners LLC has invested approximately $736,000 in Advanced Micro Devices, acquiring 5,406 shares of the semiconductor company.
• Institutional investors hold 71.34% of Advanced Micro Devices stock, with various hedge funds adjusting their stakes during recent quarters.
• CEO Lisa T. Su recently sold 225,000 shares for over $36 million, decreasing her ownership by 6.28% while still maintaining a significant stake worth approximately $550 million.

Davis Investment Partners LLC acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,406 shares of the semiconductor manufacturer's stock, valued at approximately $736,000.

Other hedge funds have also modified their holdings of the company. Doliver Advisors LP bought a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $386,000. Geneos Wealth Management Inc. boosted its stake in Advanced Micro Devices by 18.9% in the first quarter. Geneos Wealth Management Inc. now owns 15,219 shares of the semiconductor manufacturer's stock valued at $1,564,000 after acquiring an additional 2,422 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its stake in Advanced Micro Devices by 12.7% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 264,574 shares of the semiconductor manufacturer's stock valued at $31,958,000 after acquiring an additional 29,825 shares during the last quarter. Modern Wealth Management LLC bought a new position in Advanced Micro Devices in the first quarter valued at approximately $644,000. Finally, Valicenti Advisory Services Inc. boosted its stake in Advanced Micro Devices by 4.0% in the first quarter. Valicenti Advisory Services Inc. now owns 76,826 shares of the semiconductor manufacturer's stock valued at $7,893,000 after acquiring an additional 2,944 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the sale, the chief executive officer directly owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices 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 completion of the transaction, the executive vice president directly owned 1,713,710 shares of the company's stock, valued at approximately $265,676,461.30. This trade represents a 1.04% 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 valued at $44,183,576 over the last quarter. 0.06% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on AMD. Barclays raised their price objective on shares of Advanced Micro Devices from $130.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday, August 6th. Seaport Res Ptn cut shares of Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a research report on Thursday, September 4th. The Goldman Sachs Group raised shares of Advanced Micro Devices to a "hold" rating and set a $140.00 price target on the stock in a research report on Thursday, July 10th. Roth Capital set a $150.00 price target on shares of Advanced Micro Devices and gave the stock a "buy" rating in a research report on Friday, June 13th. Finally, Bank of America lifted their price target on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have given 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 has a consensus rating of "Moderate Buy" and a consensus target price of $180.88.

Advanced Micro Devices Trading Up 1.9%

Shares of NASDAQ:AMD opened at $158.57 on Monday. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The company's fifty day simple moving average is $163.13 and its 200 day simple moving average is $127.47. The firm has a market cap of $257.33 billion, a price-to-earnings ratio of 91.13, a PEG ratio of 1.87 and a beta of 1.92.

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 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 company had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same quarter in the previous year, the business earned $0.69 earnings per share. The company'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 forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal 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.

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