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2,167 Shares in Advanced Micro Devices, Inc. $AMD Purchased by Rollins Financial Advisors LLC

Advanced Micro Devices logo with Computer and Technology background

Key Points

  • Rollins Financial Advisors LLC has acquired a new stake in Advanced Micro Devices, Inc. (AMD), purchasing 2,167 shares valued at approximately $223,000.
  • Insider trading activity included CEO Lisa T. Su selling 225,000 shares for over $36 million, while EVP Mark D. Papermaster sold nearly 18,000 shares.
  • Analysts have raised price targets for AMD, with Benchmark increasing it to $210, indicating a consensus rating of "Moderate Buy" and an average price target of $180.88.
  • MarketBeat previews the top five stocks to own by October 1st.

Rollins Financial Advisors LLC acquired a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,167 shares of the semiconductor manufacturer's stock, valued at approximately $223,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Advanced Micro Devices by 1.4% in the first quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer's stock worth $15,654,222,000 after purchasing an additional 2,157,199 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Advanced Micro Devices by 9.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 21,401,436 shares of the semiconductor manufacturer's stock worth $2,585,079,000 after purchasing an additional 1,929,225 shares during the period. Amundi boosted its holdings in Advanced Micro Devices by 8.0% in the first quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer's stock worth $1,677,014,000 after purchasing an additional 1,319,064 shares during the period. Invesco Ltd. boosted its holdings in Advanced Micro Devices by 4.0% in the first quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer's stock worth $1,214,285,000 after purchasing an additional 450,695 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Advanced Micro Devices by 4.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer's stock worth $1,083,815,000 after purchasing an additional 466,048 shares during the period. Institutional investors and hedge funds own 71.34% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AMD. Seaport Res Ptn cut Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a research note on Thursday, September 4th. HSBC cut their target price on Advanced Micro Devices from $200.00 to $185.00 and set a "buy" rating on the stock in a research note on Tuesday. Melius upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 target price on the stock in a research note on Monday, June 23rd. TD Cowen raised their target price on 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, Barclays raised their target price on Advanced Micro Devices from $130.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $180.88.

Get Our Latest Stock Analysis on Advanced Micro Devices

Insider Transactions at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the transaction, the chief executive officer directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Forrest Eugene Norrod sold 17,200 shares of Advanced Micro Devices stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total value of $2,767,996.00. Following the transaction, the executive vice president directly owned 313,848 shares in the company, valued at approximately $50,507,558.64. The trade was a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 270,198 shares of company stock valued at $44,183,576 in the last three months. 0.06% of the stock is currently owned by insiders.

Advanced Micro Devices Price Performance

NASDAQ:AMD traded up $2.90 during mid-day trading on Friday, reaching $158.57. 42,160,927 shares of the stock were exchanged, compared to its average volume of 42,942,856. The business has a fifty day moving average price of $163.13 and a 200 day moving average price of $127.12. The firm has a market capitalization of $257.33 billion, a PE ratio of 91.13, a PEG ratio of 1.83 and a beta of 1.92. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year 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 analysts' consensus estimates of $0.54 by ($0.06). The firm had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.Advanced Micro Devices's revenue was up 31.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Advanced Micro Devices Profile

(Free Report)

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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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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