Doliver Advisors LP Invests $386,000 in Advanced Micro Devices, Inc. $AMD

Key Points

• Doliver Advisors LP acquired a new stake in Advanced Micro Devices, Inc. by purchasing 2,719 shares valued at approximately $386,000 in the second quarter.
• Several institutional investors, including Farmers & Merchants Trust Co and American Capital Advisory LLC, significantly increased their stakes in AMD during the first quarter, reflecting growing institutional interest.
• Analysts have raised price targets for AMD shares, with Truist upgrading the stock from "hold" to "buy" and a consensus rating of "Moderate Buy" with an average price target of $180.88.

Doliver Advisors LP bought a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,719 shares of the semiconductor manufacturer's stock, valued at approximately $386,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Jacobs & Co. CA lifted its holdings in shares of Advanced Micro Devices by 3.2% during the second quarter. Jacobs & Co. CA now owns 102,078 shares of the semiconductor manufacturer's stock worth $14,484,000 after purchasing an additional 3,161 shares during the period. Central Pacific Bank Trust Division lifted its holdings in shares of Advanced Micro Devices by 30.1% during the second quarter. Central Pacific Bank Trust Division now owns 23,982 shares of the semiconductor manufacturer's stock worth $3,403,000 after purchasing an additional 5,547 shares during the period. Park National Corp OH acquired a new position in shares of Advanced Micro Devices during the second quarter worth $207,000. Harbor Investment Advisory LLC lifted its holdings in shares of Advanced Micro Devices by 7.8% during the second quarter. Harbor Investment Advisory LLC now owns 5,258 shares of the semiconductor manufacturer's stock worth $746,000 after purchasing an additional 379 shares during the period. Finally, Cullen Investment Group LTD. lifted its holdings in shares of Advanced Micro Devices by 18.6% during the second quarter. Cullen Investment Group LTD. now owns 23,193 shares of the semiconductor manufacturer's stock worth $3,291,000 after purchasing an additional 3,635 shares during the period. Institutional investors and hedge funds own 71.34% of the company's stock.

Advanced Micro Devices Stock Up 1.9%

AMD traded up $2.90 during midday trading on Friday, hitting $158.57. The company had a trading volume of 42,160,927 shares, compared to its average volume of 42,477,336. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week 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 has a market capitalization of $257.33 billion, a price-to-earnings ratio of 91.13, a PEG ratio of 1.87 and a beta of 1.92. The stock's 50 day moving average price is $163.13 and its 200 day moving average price is $127.47.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same period last year, the firm posted $0.69 earnings per share. The company'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. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on AMD. 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 report on Tuesday, July 29th. Raymond James Financial lifted their price target on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. HSBC cut their price target on shares of Advanced Micro Devices from $200.00 to $185.00 and set a "buy" rating on the stock in a report on Tuesday, September 9th. JPMorgan Chase & Co. lifted 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 note on Wednesday, August 6th. Finally, Jefferies Financial Group lifted their target price on shares of Advanced Micro Devices from $100.00 to $160.00 in a research note on Wednesday, July 16th. 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 issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $180.88.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of Advanced Micro Devices stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value 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 approximately $50,507,558.64. The trade was a 5.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 transaction of $36,893,250.00. Following the completion of the sale, 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 disclosure for this sale can be found here. In the last ninety days, insiders sold 270,198 shares of company stock valued at $44,183,576. 0.06% of the stock is currently owned by company insiders.

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.