Lokken Investment Group LLC Acquires New Holdings in Advanced Micro Devices, Inc. $AMD

Lokken Investment Group LLC acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,793 shares of the semiconductor manufacturer's stock, valued at approximately $254,000.

A number of other institutional investors also recently added to or reduced their stakes in AMD. Kingstone Capital Partners Texas LLC bought a new stake in Advanced Micro Devices during the second quarter valued at about $958,422,000. Goldman Sachs Group Inc. boosted its position in Advanced Micro Devices by 169.7% during the first quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer's stock valued at $1,012,538,000 after purchasing an additional 6,200,850 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in Advanced Micro Devices by 131.5% in the first quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer's stock worth $1,069,846,000 after acquiring an additional 5,915,185 shares in the last quarter. Nuveen LLC acquired a new stake in Advanced Micro Devices in the first quarter worth about $436,746,000. Finally, Parnassus Investments LLC grew its stake in shares of Advanced Micro Devices by 47,883.5% during the first quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer's stock worth $425,592,000 after acquiring an additional 4,133,785 shares during the last quarter. Institutional investors own 71.34% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on AMD. Hsbc Global Res raised shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. TD Cowen increased their price objective on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Deutsche Bank Aktiengesellschaft set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Bank of America increased their price objective on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Finally, DZ Bank raised shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $250.00 price objective for the company in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $217.70.

Insiders Place Their Bets

In other news, EVP Paul Darren Grasby sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value 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 $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark D. Papermaster sold 17,998 shares of the business'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 disclosure for this sale can be found here. Over the last three months, insiders sold 275,316 shares of company stock valued at $45,203,045. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Stock Up 11.4%

Shares of AMD stock opened at $235.56 on Thursday. The stock has a 50 day moving average of $168.34 and a 200 day moving average of $135.71. 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 stock has a market cap of $382.28 billion, a P/E ratio of 135.38, a P/E/G ratio of 2.50 and a beta of 1.90. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $235.87.

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

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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