FSM Wealth Advisors LLC Purchases New Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• FSM Wealth Advisors LLC has acquired a new position in Advanced Micro Devices, Inc. (AMD), purchasing 1,489 shares valued at around $201,000.
• Insider trading activity includes CEO Lisa T. Su selling 225,000 shares for over $36 million, reducing her ownership by 6.28%.
• Analysts have raised their price targets for AMD, with Barclays increasing theirs from $200.00 to $300.00, indicating bullish sentiment on the company's stock.

FSM Wealth Advisors LLC purchased a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,489 shares of the semiconductor manufacturer's stock, valued at approximately $201,000.

Several other large investors also recently made changes to their positions in the stock. Dogwood Wealth Management LLC grew its position in shares of Advanced Micro Devices by 2,311.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer's stock valued at $30,000 after acquiring an additional 208 shares during the period. West Branch Capital LLC raised its holdings in Advanced Micro Devices by 3,057.1% in the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock valued at $31,000 after acquiring an additional 214 shares in the last quarter. High Note Wealth LLC lifted its position in shares of Advanced Micro Devices by 285.5% during the 2nd quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer's stock valued at $38,000 after acquiring an additional 197 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA lifted its position in shares of Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 200 shares during the period. Finally, American Capital Advisory LLC grew its holdings in shares of 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. Institutional investors and hedge funds own 71.34% of the company's stock.

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the completion of the transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the business's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the sale, the executive vice president owned 125,505 shares in the company, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 274,118 shares of company stock worth $46,180,719. Company insiders own 0.06% of the company's stock.

Advanced Micro Devices Price Performance

AMD stock opened at $252.92 on Friday. The company has a 50 day simple moving average of $182.09 and a 200 day simple moving average of $146.65. The stock has a market cap of $410.45 billion, a price-to-earnings ratio of 145.36, a P/E/G ratio of 2.15 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $253.39. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued 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). The company had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business's quarterly revenue was up 31.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analysts Set New Price Targets

AMD has been the subject of a number of analyst reports. Barclays boosted their price target on Advanced Micro Devices from $200.00 to $300.00 and gave the company an "overweight" rating in a research note on Monday, October 6th. Rosenblatt Securities raised their target price on shares of Advanced Micro Devices from $200.00 to $250.00 and gave the company a "buy" rating in a report on Tuesday, October 7th. JPMorgan Chase & Co. boosted their target price on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the company a "neutral" rating in a research report on Wednesday, August 6th. Truist Financial reiterated a "buy" rating and set a $273.00 price target (up previously from $213.00) on shares of Advanced Micro Devices in a research report on Tuesday, October 7th. Finally, Dbs Bank raised shares of Advanced Micro Devices from a "hold" rating to a "moderate buy" rating in a research note on Monday, October 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and a consensus price target of $233.94.

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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