Schnieders Capital Management LLC Increases Stake in Advanced Micro Devices, Inc. $AMD

Key Points

• Schnieders Capital Management LLC significantly increased its stake in Advanced Micro Devices, Inc. (AMD) by 361.0% in Q2, owning 9,230 shares valued at approximately $1.31 million.
• Wall Street analysts are optimistic about AMD, with multiple ratings upgrades and a consensus price target of $233.94 amidst strong demand for AI technologies.
• Despite a revenue increase of 31.7% year-over-year, AMD reported earnings of $0.48 per share, missing estimates by $0.06, suggesting some volatility in performance.

Schnieders Capital Management LLC increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 361.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,230 shares of the semiconductor manufacturer's stock after purchasing an additional 7,228 shares during the period. Schnieders Capital Management LLC's holdings in Advanced Micro Devices were worth $1,310,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of 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 buying an additional 2,157,199 shares during the period. Amundi grew its position in Advanced Micro Devices by 8.0% in the 1st quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer's stock valued at $1,677,014,000 after acquiring an additional 1,319,064 shares during the last quarter. Invesco Ltd. increased its stake 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. Charles Schwab Investment Management Inc. increased its stake 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. Finally, T. Rowe Price Investment Management Inc. lifted its position in shares of Advanced Micro Devices by 131.5% during 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 purchasing an additional 5,915,185 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on AMD shares. KGI Securities set a $260.00 price target on shares of Advanced Micro Devices and gave the stock an "outperform" rating in a research note on Monday, October 13th. Dbs Bank upgraded Advanced Micro Devices from a "hold" rating to a "moderate buy" rating in a report on Monday, October 6th. Melius Research set a $300.00 target price on Advanced Micro Devices in a research report on Monday, October 6th. DZ Bank upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $250.00 price target on the stock in a research note on Wednesday, October 8th. Finally, Sanford C. Bernstein upped their price objective on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the stock a "market perform" rating in a research note on Monday, July 21st. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $233.94.

Advanced Micro Devices Stock Down 0.6%

Shares of Advanced Micro Devices stock opened at $233.08 on Monday. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The company has a market cap of $378.25 billion, a P/E ratio of 133.95, a PEG ratio of 2.32 and a beta of 1.90. The firm's 50 day moving average price is $175.96 and its 200-day moving average price is $142.07. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $241.20.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly 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). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $7.69 billion during the quarter, compared to analysts' expectations of $7.41 billion. During the same period in the prior year, the firm 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. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Buying and Selling

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,868 shares of the company's stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $226.01, for a total transaction of $648,196.68. Following the transaction, the senior vice president owned 9,033 shares in the company, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the firm's stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the transaction, the executive vice president directly owned 311,598 shares of the company's stock, valued at approximately $51,416,785.98. This represents a 0.72% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 274,118 shares of company stock valued at $46,180,719 in the last 90 days. 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.

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