Keener Financial Planning LLC Acquires New Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Keener Financial Planning LLC has acquired a new stake in Advanced Micro Devices, Inc. ($AMD), buying 2,000 shares valued at approximately $283,000 in the 2nd quarter.
• Multiple hedge funds have significantly increased their positions in $AMD, with Dogwood Wealth Management growing its stake by 2,311.1% and West Branch Capital by 3,057.1% in the same quarter.
• Recent analyst reports have set price targets for $AMD ranging from $200.00 to $300.00, indicating a consensus rating of "Moderate Buy" with an average target price of $218.25.

Keener Financial Planning LLC purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 2,000 shares of the semiconductor manufacturer's stock, valued at approximately $283,000.

Other hedge funds have also made changes to their positions in the company. Dogwood Wealth Management LLC grew its stake 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 buying an additional 208 shares during the period. West Branch Capital LLC grew its stake in shares of 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 buying an additional 214 shares during the period. High Note Wealth LLC grew its stake in shares of Advanced Micro Devices by 285.5% in the 2nd quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer's stock valued at $38,000 after buying an additional 197 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA grew its stake in shares of Advanced Micro Devices by 277.8% in 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 buying an additional 200 shares during the period. Finally, American Capital Advisory LLC grew its stake in shares of Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock valued at $28,000 after buying an additional 130 shares during the period. Hedge funds and other institutional investors own 71.34% of the company's stock.

Insiders Place Their Bets

In other news, SVP Ava Hahn sold 2,868 shares of the firm's stock in a transaction on Monday, October 6th. The shares were sold at an average price of $226.01, for a total value of $648,196.68. Following the sale, the senior vice president directly owned 9,033 shares in the company, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their position. 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 the firm's stock in a transaction 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 completion of the sale, the chief executive officer owned 3,359,748 shares in the company, valued at $550,897,879.56. The trade was a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 275,316 shares of company stock worth $45,203,045. 0.06% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

AMD has been the topic of several recent analyst reports. The Goldman Sachs Group upped their price objective on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a "neutral" rating in a report on Wednesday. Melius Research set a $300.00 price objective on shares of Advanced Micro Devices in a report on Monday. Susquehanna upped their price objective on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the stock a "positive" rating in a report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft set a $200.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Finally, Benchmark upped their price objective on shares of Advanced Micro Devices from $210.00 to $270.00 and gave the stock a "buy" rating in a report on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $218.25.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $214.76 on Friday. The firm has a market cap of $348.51 billion, a PE ratio of 123.42, a price-to-earnings-growth ratio of 2.74 and a beta of 1.90. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $240.10. 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 company's 50 day moving average is $170.33 and its two-hundred day moving average is $137.22.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.Advanced Micro Devices's quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

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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