Global Trust Asset Management LLC Has $745,000 Stock Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Global Trust Asset Management LLC significantly increased its stake in Advanced Micro Devices, Inc. by 244.7% in Q2, holding shares valued at $745,000 after buying 3,729 additional shares.
• Major institutional investors have also boosted their positions, with Goldman Sachs raising its stake by 169.7% and owning shares valued at over $1 billion as of the last quarter.
• AMD's stock faced a recent drop of 1.1% and analysts have set a consensus price target of $180.88, with a current average rating of "Moderate Buy."

Global Trust Asset Management LLC increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 244.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,253 shares of the semiconductor manufacturer's stock after purchasing an additional 3,729 shares during the quarter. Global Trust Asset Management LLC's holdings in Advanced Micro Devices were worth $745,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC acquired a new position in shares of Advanced Micro Devices in the 2nd quarter worth approximately $958,422,000. Goldman Sachs Group Inc. raised its position in Advanced Micro Devices by 169.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer's stock valued at $1,012,538,000 after purchasing an additional 6,200,850 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its position in Advanced Micro Devices by 131.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer's stock valued at $1,069,846,000 after purchasing an additional 5,915,185 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Advanced Micro Devices in the first quarter valued at $436,746,000. Finally, Parnassus Investments LLC increased its stake in shares of Advanced Micro Devices by 47,883.5% in the first quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer's stock valued at $425,592,000 after buying an additional 4,133,785 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Analysts Set New Price Targets

AMD has been the topic of a number of research analyst reports. Rosenblatt Securities reissued a "buy" rating and set a $200.00 price objective on shares of Advanced Micro Devices in a report on Friday, June 13th. Hsbc Global Res upgraded shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Wells Fargo & Company boosted their price objective on shares of Advanced Micro Devices from $120.00 to $185.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. Bank of America boosted their price objective 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. Finally, Seaport Res Ptn cut Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a research note on Thursday, September 4th. Three investment 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $180.88.

Insider Buying and Selling

In related news, EVP Mark D. Papermaster sold 17,998 shares of the business's stock in a transaction that occurred on 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 owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 272,448 shares of company stock valued at $44,554,848. Insiders own 0.06% of the company's stock.

Advanced Micro Devices Stock Down 1.1%

NASDAQ:AMD opened at $159.46 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 firm has a market capitalization of $258.78 billion, a P/E ratio of 91.64, a P/E/G ratio of 1.88 and a beta of 1.92. The stock's fifty day simple moving average is $165.48 and its 200-day simple moving average is $131.71.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its 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 analyst estimates of $7.41 billion. During the same period in the previous year, the company posted $0.69 EPS. The company's quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current 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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