3,070 Shares in Advanced Micro Devices, Inc. $AMD Purchased by My Legacy Advisors LLC

Key Points

• My Legacy Advisors LLC purchased 3,070 shares of Advanced Micro Devices, Inc. valued at approximately $443,000 in the second quarter of the year.
• Multiple institutional investors, including Vanguard Group and T. Rowe Price, have significantly increased their stakes in Advanced Micro Devices, reflecting a strong interest in the company.
• Several research analysts have raised their price targets for AMD shares, with Bank of America setting a new target of $200.00 and a majority rating the stock as a buy.

My Legacy Advisors LLC purchased a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,070 shares of the semiconductor manufacturer's stock, valued at approximately $443,000.

A number of other institutional investors have also bought and sold shares of the business. Farmers & Merchants Trust Co of Chambersburg PA grew its position in shares of 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 purchasing an additional 200 shares in the last quarter. American Capital Advisory LLC lifted its stake in Advanced Micro Devices by 90.3% in the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 130 shares during the last quarter. Kozak & Associates Inc. raised its stake in shares of Advanced Micro Devices by 67.6% during the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock valued at $29,000 after acquiring an additional 123 shares in the last quarter. Investors Research Corp raised its stake in shares of Advanced Micro Devices by 117.9% during the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock valued at $31,000 after acquiring an additional 165 shares in the last quarter. Finally, Bear Mountain Capital Inc. raised its stake in Advanced Micro Devices by 75.0% in the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer's stock worth $34,000 after buying an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Raymond James Financial lifted their price target on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Benchmark upped their price objective on shares of Advanced Micro Devices from $170.00 to $210.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Roth Capital set a $150.00 price target on shares of Advanced Micro Devices and gave the stock a "buy" rating in a research report on Friday, June 13th. Evercore ISI upped their price target on shares of Advanced Micro Devices from $144.00 to $188.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 6th. Finally, Deutsche Bank Aktiengesellschaft set a $200.00 price objective on shares of Advanced Micro Devices in a report 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $180.88.

Advanced Micro Devices Stock Up 0.2%

Shares of AMD traded up $0.24 during midday trading on Tuesday, reaching $160.03. The stock had a trading volume of 27,349,841 shares, compared to its average volume of 46,631,840. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65. The company's fifty day simple moving average is $165.29 and its two-hundred day simple moving average is $129.96. The company has a market cap of $259.70 billion, a price-to-earnings ratio of 92.33, a PEG ratio of 1.85 and a beta of 1.92. 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). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same quarter in the previous year, the business posted $0.69 earnings per share. Advanced Micro Devices'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. Equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices 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 transaction, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the transaction, the executive vice president owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. This represents a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 270,198 shares of company stock valued at $44,183,576 over the last quarter. 0.06% of the stock is owned by insiders.

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.