Free Trial

Total Wealth Planning & Management Inc. Invests $276,000 in Advanced Micro Devices, Inc. $AMD

Advanced Micro Devices logo with Computer and Technology background

Key Points

  • Total Wealth Planning & Management Inc. invested $276,000 in Advanced Micro Devices, Inc. by purchasing 1,942 shares during the second quarter.
  • Several large investors, including Brighton Jones LLC and Pallas Capital Advisors LLC, significantly increased their positions in AMD stock, indicating strong institutional interest.
  • Analyst ratings for AMD show a consensus of "Moderate Buy" with a target price average of $217.70, reflecting positive expectations despite a missed earnings estimate.
  • Five stocks we like better than Advanced Micro Devices.

Total Wealth Planning & Management Inc. purchased a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,942 shares of the semiconductor manufacturer's stock, valued at approximately $276,000.

A number of other large investors have also made changes to their positions in AMD. Brighton Jones LLC increased its position in shares of 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 increased its position in shares of Advanced Micro Devices by 2.9% in the 4th 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. Pallas Capital Advisors LLC increased its position in shares of Advanced Micro Devices by 119.6% in the 1st quarter. Pallas Capital Advisors LLC now owns 7,309 shares of the semiconductor manufacturer's stock valued at $751,000 after acquiring an additional 3,980 shares during the period. GAMMA Investing LLC increased its position in shares of Advanced Micro Devices by 18.7% in the 1st quarter. GAMMA Investing LLC now owns 19,554 shares of the semiconductor manufacturer's stock valued at $2,009,000 after acquiring an additional 3,084 shares during the period. Finally, Simplicity Wealth LLC increased its position in shares of Advanced Micro Devices by 179.9% in the 1st quarter. Simplicity Wealth LLC now owns 6,280 shares of the semiconductor manufacturer's stock valued at $645,000 after acquiring an additional 4,036 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AMD has been the topic of several research reports. Roth Capital set a $250.00 target price on Advanced Micro Devices and gave the company a "buy" rating in a research report on Monday. Bank of America upped their target price on Advanced Micro Devices from $175.00 to $200.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Melius Research set a $300.00 target price on Advanced Micro Devices in a research report on Monday. Morgan Stanley upped their target price on Advanced Micro Devices from $168.00 to $246.00 and gave the company an "equal weight" rating in a research report on Tuesday. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $217.70.

View Our Latest Stock Analysis on AMD

Insider Transactions at Advanced Micro Devices

In related news, SVP Ava Hahn sold 2,868 shares of the firm's stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $226.01, for a total value of $648,196.68. Following the transaction, the senior vice president directly owned 9,033 shares of the company's stock, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the firm's 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 transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at $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. Insiders sold a total of 275,316 shares of company stock worth $45,203,045 in the last three months. 0.06% of the stock is owned by corporate insiders.

Advanced Micro Devices Trading Down 1.1%

AMD stock opened at $232.89 on Friday. The company's 50-day simple moving average is $169.47 and its 200-day simple moving average is $136.53. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $240.10. The firm has a market cap of $377.94 billion, a P/E ratio of 133.84, a PEG ratio of 2.77 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted 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). 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 for the quarter, compared to analysts' expectations of $7.41 billion. During the same period in the previous year, the company earned $0.69 earnings per share. The company's revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS 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.

Further Reading

Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report).

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Advanced Micro Devices Right Now?

Before you consider Advanced Micro Devices, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Advanced Micro Devices wasn't on the list.

While Advanced Micro Devices currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report
Like this article? Share it with a colleague.