Hilltop National Bank Buys New Shares in Advanced Micro Devices, Inc. $AMD

Key Points

• Hilltop National Bank purchased a new stake in Advanced Micro Devices, Inc. (AMD), acquiring 2,432 shares valued at approximately $345,000 during the second quarter.
• Several institutional investors, including Matauro LLC and J. Safra Sarasin Holding AG, have increased their stakes in AMD, reflecting growing confidence in the company's future performance.
• AMD reported earnings of $0.48 per share for the last quarter, falling short of analysts' expectations, although revenue was up significantly year-over-year at $7.69 billion.

Hilltop National Bank bought a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,432 shares of the semiconductor manufacturer's stock, valued at approximately $345,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Matauro LLC increased its stake in Advanced Micro Devices by 25.7% in the second quarter. Matauro LLC now owns 2,480 shares of the semiconductor manufacturer's stock valued at $352,000 after acquiring an additional 507 shares during the last quarter. Triad Wealth Partners LLC bought a new position in Advanced Micro Devices in the second quarter valued at $232,000. J. Safra Sarasin Holding AG increased its stake in Advanced Micro Devices by 16.8% in the second quarter. J. Safra Sarasin Holding AG now owns 7,877 shares of the semiconductor manufacturer's stock valued at $1,123,000 after acquiring an additional 1,134 shares during the last quarter. ASR Vermogensbeheer N.V. increased its stake in Advanced Micro Devices by 0.7% in the second quarter. ASR Vermogensbeheer N.V. now owns 169,381 shares of the semiconductor manufacturer's stock valued at $24,035,000 after acquiring an additional 1,140 shares during the last quarter. Finally, CHURCHILL MANAGEMENT Corp bought a new position in Advanced Micro Devices in the second quarter valued at $7,891,000. Institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $164.67 on Friday. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The firm has a 50-day moving average of $165.94 and a 200-day moving average of $133.43. The firm has a market cap of $267.23 billion, a P/E ratio of 94.64, a P/E/G ratio of 2.00 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted 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 firm had revenue of $7.69 billion for the quarter, compared to analysts' expectations of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business's revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Activity

In other news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the sale, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of the firm's stock in a transaction dated 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 completion of the sale, the chief executive officer 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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 272,448 shares of company stock valued at $44,554,848. Company insiders own 0.06% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Stifel Nicolaus increased their target price on Advanced Micro Devices from $161.00 to $190.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Melius upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price target for the company in a research report on Monday, June 23rd. Sanford C. Bernstein upped their price target on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the company a "market perform" rating in a research report on Monday, July 21st. Melius Research upgraded shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating and upped their price target for the company from $110.00 to $175.00 in a research report on Monday, June 23rd. Finally, HSBC cut their price target on shares of Advanced Micro Devices from $200.00 to $185.00 and set a "buy" rating for the company in a research report on Tuesday, September 9th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $180.88.

About Advanced Micro Devices

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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