3,504 Shares in Advanced Micro Devices, Inc. $AMD Bought by National Wealth Management Group LLC

Key Points

• National Wealth Management Group LLC acquired 3,504 shares of Advanced Micro Devices, Inc. (AMD) valued at approximately $360,000 in the first quarter, indicating institutional interest in the semiconductor company.
• AMD's recent earnings report shows a missed EPS estimate of $0.48, while revenue of $7.69 billion exceeded expectations, highlighting strong revenue growth despite earnings challenges.
• The company's Board of Directors has authorized a $6 billion share buyback program, which is often seen as a sign that management views the stock as undervalued.

National Wealth Management Group LLC acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,504 shares of the semiconductor manufacturer's stock, valued at approximately $360,000.

Several other institutional investors have also recently bought and sold shares of AMD. Brighton Jones LLC increased its holdings in Advanced Micro Devices by 178.2% during the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock worth $5,551,000 after buying an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock valued at $1,001,000 after acquiring an additional 234 shares during the period. Bank Pictet & Cie Europe AG boosted its position in shares of Advanced Micro Devices by 12.7% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 264,574 shares of the semiconductor manufacturer's stock valued at $31,958,000 after acquiring an additional 29,825 shares during the period. Triumph Capital Management boosted its position in shares of Advanced Micro Devices by 27.2% in the fourth quarter. Triumph Capital Management now owns 23,327 shares of the semiconductor manufacturer's stock valued at $2,818,000 after acquiring an additional 4,992 shares during the period. Finally, Captrust Financial Advisors boosted its position in shares of Advanced Micro Devices by 3.4% in the fourth quarter. Captrust Financial Advisors now owns 78,273 shares of the semiconductor manufacturer's stock valued at $9,455,000 after acquiring an additional 2,592 shares during the period. Institutional investors and hedge funds own 71.34% of the company's stock.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock traded down $10.65 during midday trading on Friday, hitting $151.14. The stock had a trading volume of 77,891,119 shares, compared to its average volume of 48,056,704. The firm's fifty day moving average is $161.36 and its two-hundred day moving average is $125.62. The company has a market capitalization of $245.28 billion, a PE ratio of 86.86, a P/E/G ratio of 1.78 and a beta of 1.92. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $186.65. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its earnings results 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). The firm had revenue of $7.69 billion during the quarter, compared to analysts' expectations 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 period in the prior year, the company posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices declared that its board has approved a share repurchase plan on Wednesday, May 14th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the semiconductor manufacturer to purchase up to 3.1% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on AMD shares. 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 report on Wednesday, August 6th. 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 report on Friday, July 18th. The Goldman Sachs Group upgraded shares of Advanced Micro Devices to a "hold" rating and set a $140.00 price objective for the company in a research report on Thursday, July 10th. Bank of America raised 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, Truist Financial raised shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and raised their target price for the company from $173.00 to $213.00 in a research note on Tuesday, August 26th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $181.33.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the company's stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the completion of the transaction, the executive vice president directly owned 1,713,710 shares in the company, valued at $265,676,461.30. This represents a 1.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the completion of the transaction, the chief executive officer owned 3,359,748 shares of the company's stock, valued at $550,897,879.56. The trade was a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 252,998 shares of company stock worth $41,415,580 in the last three months. 0.06% of the stock is owned by company insiders.

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.