Modern Wealth Management LLC Makes New Investment in Advanced Micro Devices, Inc. $AMD

Key Points

• Modern Wealth Management LLC has acquired a new position in Advanced Micro Devices, Inc. (AMD), purchasing 6,268 shares valued at approximately $644,000 during the first quarter.
• Recent analyst upgrades have increased AMD's price targets significantly, with Melius Research raising its target from $110 to $175, and JPMorgan Chase & Co. from $120 to $180, reflecting a strong market confidence.
• AMD's stock performance shows volatility, with a 52-week range between $76.48 and $186.65, and a recent quarterly earnings report indicated a revenue increase of 31.7% year-over-year despite a slight EPS miss.

Modern Wealth Management LLC acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,268 shares of the semiconductor manufacturer's stock, valued at approximately $644,000.

Other hedge funds also recently made changes to their positions in the company. Mpwm Advisory Solutions LLC acquired a new stake in shares of Advanced Micro Devices in the 4th quarter worth $30,000. Farmers & Merchants Trust Co of Chambersburg PA lifted 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 worth $28,000 after acquiring an additional 200 shares during the period. American Capital Advisory LLC lifted 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 worth $28,000 after acquiring an additional 130 shares during the period. Investors Research Corp lifted its stake in shares of Advanced Micro Devices by 117.9% in the 1st quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock worth $31,000 after acquiring an additional 165 shares during the period. Finally, Kozak & Associates Inc. lifted its stake in shares of Advanced Micro Devices by 67.6% in the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock valued at $29,000 after purchasing an additional 123 shares during the period. Institutional investors and hedge funds own 71.34% of the company's stock.

Analysts Set New Price Targets

AMD has been the subject of several recent analyst reports. Melius Research upgraded shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating and raised their price objective for the company from $110.00 to $175.00 in a research note on Monday, June 23rd. Citigroup raised their price objective on shares of Advanced Micro Devices from $145.00 to $165.00 and gave the company a "neutral" rating in a research note on Friday, July 18th. JPMorgan Chase & Co. raised their price objective on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the company a "neutral" rating in a research note on Wednesday, August 6th. TD Cowen raised 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 note on Wednesday, August 6th. Finally, Jefferies Financial Group raised their price objective on shares of Advanced Micro Devices from $100.00 to $160.00 in a research note on Wednesday, July 16th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $180.88.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $158.57 on Monday. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65. The firm has a 50 day moving average price of $163.13 and a 200 day moving average price of $127.47. The company has a market cap of $257.33 billion, a price-to-earnings ratio of 91.13, a PEG ratio of 1.87 and a beta of 1.92. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business had revenue of $7.69 billion for the quarter, compared to analysts' expectations of $7.41 billion. During the same quarter in the prior year, the firm earned $0.69 earnings per share. Advanced Micro Devices's quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Activity at Advanced Micro Devices

In related news, EVP Paul Darren Grasby sold 10,000 shares of the company's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the sale, the executive vice president directly owned 125,505 shares of the company's stock, valued at $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Lisa T. Su sold 225,000 shares of the company'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 directly owned 3,359,748 shares in the company, valued at $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 270,198 shares of company stock valued at $44,183,576. 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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