Goldstone Financial Group LLC Takes Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Goldstone Financial Group LLC acquired a new stake in Advanced Micro Devices, Inc. (AMD), purchasing 1,556 shares valued at approximately $215,000 during the second quarter of the year.
• Advanced Micro Devices reported $0.48 earnings per share for the last quarter, missing the consensus estimate of $0.54, while its revenue was $7.69 billion, exceeding the expected $7.41 billion.
• Despite a recent earnings miss, analysts are optimistic about AMD with a consensus rating of "Moderate Buy" and an average price target of $180.88, showcasing continued investor interest in the stock.

Goldstone Financial Group LLC acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,556 shares of the semiconductor manufacturer's stock, valued at approximately $215,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Modern Wealth Management LLC purchased a new stake in shares of Advanced Micro Devices during the first quarter worth about $644,000. Geneos Wealth Management Inc. boosted its holdings in shares of Advanced Micro Devices by 18.9% during the first quarter. Geneos Wealth Management Inc. now owns 15,219 shares of the semiconductor manufacturer's stock worth $1,564,000 after purchasing an additional 2,422 shares during the period. Doliver Advisors LP purchased a new stake in shares of Advanced Micro Devices during the second quarter worth about $386,000. Sage Capital Advisors llc boosted its holdings in shares of Advanced Micro Devices by 459.9% during the second quarter. Sage Capital Advisors llc now owns 36,774 shares of the semiconductor manufacturer's stock worth $5,218,000 after purchasing an additional 30,206 shares during the period. Finally, Bank Pictet & Cie Europe AG boosted its holdings in shares of Advanced Micro Devices by 12.7% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 264,574 shares of the semiconductor manufacturer's stock worth $31,958,000 after purchasing an additional 29,825 shares during the period. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices Price Performance

Shares of AMD opened at $161.16 on Tuesday. The company has a market capitalization of $261.54 billion, a P/E ratio of 92.62, a price-to-earnings-growth ratio of 1.87 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 firm has a 50 day moving average of $163.66 and a 200 day moving average of $127.90. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $186.65.

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 for the quarter, missing the consensus estimate of $0.54 by ($0.06). The firm had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. Advanced Micro Devices's revenue was up 31.7% on a year-over-year basis. During the same period last year, the business earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Mark D. Papermaster sold 17,998 shares of the firm'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 sale, the executive vice president owned 1,713,710 shares of the company's stock, valued at $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the firm's stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 3,359,748 shares of the company's stock, valued at $550,897,879.56. This trade represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Insiders sold 270,198 shares of company stock worth $44,183,576 over the last three months. 0.06% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AMD shares. JPMorgan Chase & Co. increased their target price on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the stock a "neutral" rating in a report on Wednesday, August 6th. Roth Capital set a $150.00 price objective on shares of Advanced Micro Devices and gave the stock a "buy" rating in a report on Friday, June 13th. Bank of America raised their price objective on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the stock a "buy" rating in a report on Tuesday, July 29th. Mizuho raised their price objective on shares of Advanced Micro Devices from $183.00 to $205.00 and gave the stock an "outperform" rating in a report on Thursday, August 14th. Finally, Melius upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price objective for the company in a report on Monday, June 23rd. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $180.88.

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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