Farther Finance Advisors LLC Has $3.40 Million Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Farther Finance Advisors LLC increased its holdings in Advanced Micro Devices (AMD) by 22.1%, owning 23,986 shares worth approximately $3.4 million after purchasing an additional 4,345 shares in the second quarter.
• Advanced Micro Devices saw several institutional investors modify their stakes, with notable increases in holdings by Sivia Capital Partners LLC and Fragasso Financial Advisors Inc., which raised their positions by 125.1% and 151.3%, respectively.
• Advanced Micro Devices reported a miss on earnings with $0.48 earnings per share against analyst expectations of $0.54, although its revenue rose 31.7% year-over-year, totaling $7.69 billion.

Farther Finance Advisors LLC grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 22.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,986 shares of the semiconductor manufacturer's stock after purchasing an additional 4,345 shares during the period. Farther Finance Advisors LLC's holdings in Advanced Micro Devices were worth $3,404,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its position in Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock worth $5,551,000 after acquiring an additional 29,438 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock valued at $1,001,000 after buying an additional 234 shares during the last quarter. Bank Pictet & Cie Europe AG increased its position in shares of Advanced Micro Devices by 12.7% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 264,574 shares of the semiconductor manufacturer's stock valued at $31,958,000 after purchasing an additional 29,825 shares during the last quarter. Mackenzie Financial Corp grew its stake in Advanced Micro Devices by 36.8% during the fourth quarter. Mackenzie Financial Corp now owns 271,398 shares of the semiconductor manufacturer's stock valued at $32,782,000 after acquiring an additional 73,062 shares in the last quarter. Finally, Vermillion Wealth Management Inc. bought a new position in shares of Advanced Micro Devices during the 4th quarter valued at approximately $66,000. Institutional investors own 71.34% of the company's stock.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 10,000 shares of the firm's stock in a transaction on 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 completion of 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the firm's stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the completion of the sale, the executive vice president 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 position. The disclosure for this sale can be found here. Insiders sold 270,198 shares of company stock valued at $44,183,576 in the last ninety days. 0.06% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on AMD shares. HSBC reduced their price target on Advanced Micro Devices from $200.00 to $185.00 and set a "buy" rating on the stock in a research report on Tuesday, September 9th. Bank of America raised their target price on Advanced Micro Devices from $175.00 to $200.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Rosenblatt Securities reissued a "buy" rating and issued a $200.00 price target on shares of Advanced Micro Devices in a report on Friday, June 13th. Morgan Stanley lowered 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. Finally, Mizuho raised their target price on Advanced Micro Devices from $183.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, August 14th. 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's stock. According to data from MarketBeat.com, Advanced Micro Devices has an average rating of "Moderate Buy" and an average price target of $180.88.

Advanced Micro Devices Trading Up 1.5%

Shares of NASDAQ AMD traded up $2.40 during trading on Monday, reaching $159.79. The company had a trading volume of 46,402,872 shares, compared to its average volume of 42,680,920. 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 $259.31 billion, a P/E ratio of 91.83, a PEG ratio of 1.85 and a beta of 1.92. 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 moving average price is $165.29 and its 200-day moving average price is $129.96.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share 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 business had revenue of $7.69 billion during the quarter, compared to analysts' expectations of $7.41 billion. During the same quarter in the previous year, the firm earned $0.69 EPS. Advanced Micro Devices's quarterly 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 expect 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.