Advanced Micro Devices, Inc. $AMD Holdings Increased by Sivia Capital Partners LLC

Key Points

• Sivia Capital Partners LLC increased its holdings in Advanced Micro Devices, Inc. by 125.1% during the second quarter, acquiring an additional 2,970 shares to reach a total of 5,344 shares valued at approximately $758,000.
• Analysts have varied opinions on AMD, with Barclays raising their price target from $130 to $200 while HSBC lowered it from $200 to $185, reflecting differing views on the stock's potential.
• Insider selling activity is notable with two executives selling a combined total of 27,200 shares recently, indicating a decrease in their ownership stake in the company.

Sivia Capital Partners LLC grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 125.1% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 5,344 shares of the semiconductor manufacturer's stock after buying an additional 2,970 shares during the period. Sivia Capital Partners LLC's holdings in Advanced Micro Devices were worth $758,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in AMD. Brighton Jones LLC raised 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 purchasing an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in 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 worth $1,001,000 after purchasing an additional 234 shares in the last quarter. Bank Pictet & Cie Europe AG raised its holdings in 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 worth $31,958,000 after purchasing an additional 29,825 shares in the last quarter. Vivaldi Capital Management LP raised its holdings in Advanced Micro Devices by 62.7% during the fourth quarter. Vivaldi Capital Management LP now owns 2,345 shares of the semiconductor manufacturer's stock worth $270,000 after purchasing an additional 904 shares in the last quarter. Finally, Visionary Wealth Advisors raised its holdings in Advanced Micro Devices by 6.1% during the fourth quarter. Visionary Wealth Advisors now owns 9,847 shares of the semiconductor manufacturer's stock worth $1,189,000 after purchasing an additional 568 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AMD has been the subject of several analyst reports. Melius raised shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price target for the company in a report on Monday, June 23rd. UBS Group upped their target price on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a "buy" rating in a research report on Monday, July 28th. TD Cowen upped their target price on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Jefferies Financial Group upped their target price on shares of Advanced Micro Devices from $100.00 to $160.00 in a research report on Wednesday, July 16th. Finally, Cantor Fitzgerald restated an "overweight" rating and set a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $180.88.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 17,200 shares of Advanced Micro Devices stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the completion of the transaction, the executive vice president directly owned 313,848 shares of the company's stock, valued at approximately $50,507,558.64. The trade was a 5.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the sale, the chief executive officer owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 270,198 shares of company stock valued at $44,183,576. Corporate insiders own 0.06% of the company's stock.

Advanced Micro Devices Stock Down 0.3%

AMD stock traded down $0.53 during mid-day trading on Friday, hitting $157.39. 55,344,690 shares of the company were exchanged, compared to its average volume of 42,108,448. The company has a market capitalization of $255.42 billion, a PE ratio of 90.45, a price-to-earnings-growth ratio of 1.86 and a beta of 1.92. 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, Inc. has a twelve month low of $76.48 and a twelve month high of $186.65. The firm has a fifty day simple moving average of $165.02 and a 200 day simple moving average of $129.14.

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 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 company had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same period in the prior year, the business earned $0.69 earnings per share. Advanced Micro Devices's revenue was up 31.7% on a year-over-year basis. 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 earnings per share for the current fiscal year.

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.