SCS Capital Management LLC Invests $498,000 in Advanced Micro Devices, Inc. $AMD

Key Points

• SCS Capital Management LLC invested approximately $498,000 in Advanced Micro Devices, acquiring 4,850 shares in the first quarter.
• Advanced Micro Devices' stock is currently down 2.4% and has a market cap of $252.63 billion, showing a significant range with a fifty-two week low of $76.48 and a high of $186.65.
• Insider transactions revealed a 6.28% reduction in CEO Lisa T. Su's ownership after selling 225,000 shares at an average price of $163.97.

SCS Capital Management LLC bought a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The firm bought 4,850 shares of the semiconductor manufacturer's stock, valued at approximately $498,000.

Several other institutional investors and hedge funds have also recently modified their holdings of AMD. Brighton Jones LLC lifted its position in shares of Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock worth $5,551,000 after purchasing an additional 29,438 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock valued at $1,001,000 after purchasing an additional 234 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its position in shares of Advanced Micro Devices by 12.7% during 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 purchasing an additional 29,825 shares in the last quarter. Triumph Capital Management boosted its position in shares of Advanced Micro Devices by 27.2% during the fourth quarter. Triumph Capital Management now owns 23,327 shares of the semiconductor manufacturer's stock valued at $2,818,000 after purchasing an additional 4,992 shares in the last quarter. Finally, ProShare Advisors LLC boosted its position in shares of Advanced Micro Devices by 17.6% during the fourth quarter. ProShare Advisors LLC now owns 2,384,763 shares of the semiconductor manufacturer's stock valued at $288,056,000 after purchasing an additional 356,932 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Down 2.4%

NASDAQ:AMD opened at $155.67 on Friday. The firm has a market cap of $252.63 billion, a P/E ratio of 89.47, a P/E/G ratio of 1.88 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, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $186.65. The firm has a 50-day simple moving average of $162.72 and a two-hundred day simple moving average of $126.75.

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 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 the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm's revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Activity at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction on 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 sale, the chief executive officer directly owned 3,359,748 shares of the company's stock, valued at $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the 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 in the company, valued at $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 252,998 shares of company stock valued at $41,415,580 over the last ninety days. Insiders own 0.06% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on AMD. Hsbc Global Res upgraded Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Melius upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price target on the stock in a research report on Monday, June 23rd. Deutsche Bank Aktiengesellschaft set a $200.00 price target on Advanced Micro Devices in a research report on Wednesday, August 6th. Truist Financial upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and lifted their price target for the company from $173.00 to $213.00 in a research report on Tuesday, August 26th. Finally, Wells Fargo & Company lifted their price target on Advanced Micro Devices from $120.00 to $185.00 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Advanced Micro Devices presently has an average rating of "Moderate Buy" and a consensus price target of $180.88.

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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