GM Advisory Group LLC Buys 3,397 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• GM Advisory Group LLC increased its stake in Advanced Micro Devices, Inc. (AMD) by 23.2% during the 1st quarter, now holding shares worth $1.85 million.
• AMD reported earnings of $0.48 per share for the last quarter, missing analysts' expectations, but revenue increased by 31.7% year-over-year.
• The company has announced a $6 billion share buyback plan, indicating that its board believes the stock is undervalued.

GM Advisory Group LLC boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 23.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,027 shares of the semiconductor manufacturer's stock after buying an additional 3,397 shares during the period. GM Advisory Group LLC's holdings in Advanced Micro Devices were worth $1,852,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of AMD. Greenline Partners LLC bought a new stake in shares of Advanced Micro Devices during the fourth quarter valued at approximately $28,000. Farmers & Merchants Trust Co of Chambersburg PA boosted its stake in 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 purchasing an additional 200 shares in the last quarter. American Capital Advisory LLC boosted its stake in Advanced Micro Devices by 90.3% in the first 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. boosted its stake in Advanced Micro Devices by 67.6% in the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock worth $29,000 after purchasing an additional 123 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC acquired a new position in Advanced Micro Devices in the fourth quarter worth $30,000. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Trading Up 2.5%

Shares of Advanced Micro Devices stock traded up $4.05 during trading hours on Friday, hitting $167.76. The company's stock had a trading volume of 43,883,058 shares, compared to its average volume of 71,460,168. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65. The stock has a 50 day moving average of $155.48 and a 200 day moving average of $122.00. The company has a market capitalization of $272.25 billion, a PE ratio of 96.41, a price-to-earnings-growth ratio of 1.94 and a beta of 1.94. 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 announced its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate 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 the consensus estimate of $7.41 billion. During the same quarter last year, the company earned $0.69 earnings per share. The firm's revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices declared that its board has initiated a share buyback program on Wednesday, May 14th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the semiconductor manufacturer to repurchase up to 3.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its shares are undervalued.

Analyst Ratings Changes

A number of equities analysts have commented on AMD shares. Wells Fargo & Company boosted their price objective on Advanced Micro Devices from $120.00 to $185.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 16th. Benchmark upped their price target on Advanced Micro Devices from $170.00 to $210.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. DZ Bank raised Advanced Micro Devices from a "sell" rating to a "hold" rating and set a $165.00 price target on the stock in a research note on Thursday, August 7th. Barclays upped their price objective on Advanced Micro Devices from $130.00 to $200.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Finally, Truist Financial upped their price objective on Advanced Micro Devices from $111.00 to $173.00 and gave the company a "hold" rating in a report on Wednesday, August 6th. Four analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Advanced Micro Devices has an average rating of "Moderate Buy" and an average target price of $180.12.

Insider Activity

In related news, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction dated Tuesday, July 15th. The stock was 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 directly owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 value of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares of the company's stock, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.06% of the stock is owned by corporate insiders.

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.