Kraft Davis & Associates LLC Acquires Shares of 1,200 Advanced Micro Devices, Inc. $AMD

Key Points

• Kraft Davis & Associates LLC acquired 1,200 shares of Advanced Micro Devices, Inc. ($AMD), valued at approximately $170,000, in the 2nd quarter.
• Multiple institutional investors have significantly increased their stakes in AMD, with Farmers & Merchants Trust Co growing its position by 277.8% in the 1st quarter.
• Wall Street analysts have issued varying ratings on AMD, with target prices ranging from $120.00 to $300.00 and an average rating of "Moderate Buy."

Kraft Davis & Associates LLC purchased a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,200 shares of the semiconductor manufacturer's stock, valued at approximately $170,000.

Other institutional investors also recently added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA grew its position in shares of Advanced Micro Devices by 277.8% during 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 acquiring an additional 200 shares during the period. American Capital Advisory LLC grew its holdings in Advanced Micro Devices by 90.3% during 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. Dogwood Wealth Management LLC grew its holdings in Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer's stock valued at $30,000 after purchasing an additional 208 shares during the period. West Branch Capital LLC grew its holdings in Advanced Micro Devices by 3,057.1% during the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock valued at $31,000 after purchasing an additional 214 shares during the period. Finally, Bear Mountain Capital Inc. grew its stake 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 worth $34,000 after acquiring an additional 150 shares during the period. Institutional investors own 71.34% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on AMD shares. Dbs Bank upgraded Advanced Micro Devices from a "hold" rating to a "moderate buy" rating in a research note on Monday, October 6th. 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 research report on Wednesday, August 6th. Jefferies Financial Group set a $300.00 target price on shares of Advanced Micro Devices and gave the stock a "positive" rating in a research report on Monday, October 6th. Barclays raised their price objective on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the stock an "overweight" rating in a report on Monday, October 6th. Finally, The Goldman Sachs Group raised 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, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has an average rating of "Moderate Buy" and an average price target of $231.00.

Advanced Micro Devices Trading Down 1.7%

Shares of Advanced Micro Devices stock opened at $234.56 on Friday. The company has a 50 day simple moving average of $174.75 and a two-hundred day simple moving average of $140.57. The firm has a market cap of $380.65 billion, a PE ratio of 134.80, a PEG ratio of 2.38 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $241.20. 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 data 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 business had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company's revenue was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 2,250 shares of the company's stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the sale, the executive vice president directly owned 311,598 shares in the company, valued at $51,416,785.98. This represents a 0.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the company's 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 transaction, the executive vice president directly owned 125,505 shares of the company's stock, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 257,318 shares of company stock valued at $42,412,815. Company insiders own 0.06% of the company's stock.

Advanced Micro Devices Company 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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