Exchange Traded Concepts LLC Purchases 3,320 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Exchange Traded Concepts LLC increased its holdings in Advanced Micro Devices, Inc. (AMD) by 3.8%, acquiring an additional 3,320 shares, bringing its total to 91,250 shares valued at approximately $12.9 million.
• CEO Lisa T. Su sold 225,000 shares of AMD stock for over $36.8 million, resulting in a decrease of 6.28% in her ownership stake in the company.
• Advanced Micro Devices reported earnings of $0.48 per share, missing estimates by $0.06, despite a 31.7% year-over-year increase in revenue, totaling $7.69 billion.

Exchange Traded Concepts LLC raised its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 3.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,250 shares of the semiconductor manufacturer's stock after purchasing an additional 3,320 shares during the period. Exchange Traded Concepts LLC's holdings in Advanced Micro Devices were worth $12,948,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA lifted its holdings 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 acquiring an additional 200 shares during the last quarter. American Capital Advisory LLC increased 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 purchasing an additional 130 shares in the last quarter. Kozak & Associates Inc. grew its stake in shares of Advanced Micro Devices by 67.6% during the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock worth $29,000 after buying an additional 123 shares during the last quarter. Investors Research Corp grew its stake in shares of Advanced Micro Devices by 117.9% during the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock worth $31,000 after buying an additional 165 shares during the last quarter. Finally, Bear Mountain Capital Inc. grew its stake in shares of Advanced Micro Devices by 75.0% during the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer's stock worth $34,000 after buying an additional 150 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 3,359,748 shares of the company's stock, valued at $550,897,879.56. This represents a 6.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the transaction, the executive vice president directly owned 125,505 shares in the company, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 270,198 shares of company stock worth $44,183,576. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $157.92 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The business has a 50-day moving average price of $164.80 and a two-hundred day moving average price of $128.75. The company has a market cap of $256.28 billion, a P/E ratio of 90.76, a PEG ratio of 1.88 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS 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 business 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 company earned $0.69 EPS. The firm'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, analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on AMD shares. Raymond James Financial raised their price objective on Advanced Micro Devices from $120.00 to $200.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. HSBC lowered their price objective 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. Truist Financial raised shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and boosted their target price for the stock from $173.00 to $213.00 in a report on Tuesday, August 26th. Barclays lifted their price target on shares of Advanced Micro Devices from $130.00 to $200.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. Finally, TD Cowen lifted their price target on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target 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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