Kingstone Capital Partners Texas LLC Invests $958.42 Million in Advanced Micro Devices, Inc. $AMD

Key Points

• Kingstone Capital Partners Texas LLC has acquired a substantial new position in Advanced Micro Devices, Inc. with an investment of approximately $958.42 million, representing 0.42% of the company's shares.
• Multiple hedge funds have significantly increased their holdings in AMD, highlighting a growing institutional interest, with 71.34% of the stock now owned by institutional investors and hedge funds.
• Wall Street analysts have raised their price targets for AMD, with the consensus rating moving to "Moderate Buy" and an average target price of $180.88.

Kingstone Capital Partners Texas LLC bought a new position 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 bought 6,870,480 shares of the semiconductor manufacturer's stock, valued at approximately $958,422,000. Kingstone Capital Partners Texas LLC owned approximately 0.42% of Advanced Micro Devices as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Farmers & Merchants Trust Co of Chambersburg PA raised its holdings in Advanced Micro Devices by 277.8% during the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 200 shares during the period. American Capital Advisory LLC boosted its holdings in shares of Advanced Micro Devices by 90.3% in the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock valued at $28,000 after purchasing an additional 130 shares during the period. Kozak & Associates Inc. lifted its holdings in Advanced Micro Devices by 67.6% during the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock worth $29,000 after buying an additional 123 shares during the period. Investors Research Corp lifted its holdings in Advanced Micro Devices by 117.9% during the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock worth $31,000 after buying an additional 165 shares during the period. Finally, Bear Mountain Capital Inc. lifted its holdings in shares of Advanced Micro Devices by 75.0% during the 1st quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer's stock valued at $34,000 after purchasing an additional 150 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Advanced Micro Devices

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 value 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 document filed with the SEC, which is available at the SEC website. 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 sale, the chief executive officer directly owned 3,359,748 shares of the company's stock, valued at $550,897,879.56. This represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 270,198 shares of company stock valued at $44,183,576. 0.06% of the stock is owned by insiders.

Analyst Ratings Changes

AMD has been the topic of a number of research reports. HSBC decreased their price target on shares of Advanced Micro Devices from $200.00 to $185.00 and set a "buy" rating on the stock in a research note on Tuesday, September 9th. Jefferies Financial Group upped their price target on shares of Advanced Micro Devices from $100.00 to $160.00 in a report on Wednesday, July 16th. Susquehanna raised their price target on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the company a "positive" rating in a report on Wednesday, July 30th. Wedbush restated a "cautious" rating on shares of Advanced Micro Devices in a research report on Saturday, August 9th. Finally, TD Cowen boosted their price objective on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Three research 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $180.88.

Advanced Micro Devices Stock Performance

NASDAQ AMD traded down $0.53 on Friday, hitting $157.39. 55,344,690 shares of the company's stock were exchanged, compared to its average volume of 42,108,448. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $186.65. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The firm's 50-day moving average price is $165.02 and its two-hundred day moving average price is $129.33. The firm has a market cap of $255.42 billion, a price-to-earnings ratio of 90.45, a P/E/G ratio of 1.85 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS 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 analysts' expectations of $7.41 billion. During the same period last year, the business earned $0.69 earnings per share. The company's revenue for the quarter was up 31.7% compared to the same quarter last year. 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 year.

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.