Trivium Point Advisory LLC Has $2.44 Million Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Trivium Point Advisory LLC significantly increased its stake in Advanced Micro Devices, Inc. by 461.9% during the second quarter, now holding 17,189 shares valued at approximately $2.44 million.
• Multiple hedge funds have also increased their positions in AMD, with West Branch Capital LLC raising its holdings by an astonishing 3,057.1% in the same period.
• Advanced Micro Devices' stock has received positive upgrades from several brokerages, including JPMorgan, which raised the target price from $120 to $180 and gave a "neutral" rating.

Trivium Point Advisory LLC increased its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 461.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,189 shares of the semiconductor manufacturer's stock after buying an additional 14,130 shares during the period. Trivium Point Advisory LLC's holdings in Advanced Micro Devices were worth $2,439,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. West Branch Capital LLC increased its holdings in Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock worth $31,000 after buying an additional 214 shares during the last quarter. Farmers & Merchants Trust Co of Chambersburg PA boosted its position in Advanced Micro Devices by 277.8% during the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 200 shares during the period. American Capital Advisory LLC boosted its position in Advanced Micro Devices by 90.3% during the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 130 shares during the period. Kozak & Associates Inc. boosted its position in Advanced Micro Devices by 67.6% during the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock worth $29,000 after purchasing an additional 123 shares during the period. Finally, Financial Network Wealth Advisors LLC boosted its position in Advanced Micro Devices by 185.3% during the first quarter. Financial Network Wealth Advisors LLC now owns 331 shares of the semiconductor manufacturer's stock worth $34,000 after purchasing an additional 215 shares during the period. Institutional investors and hedge funds own 71.34% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on AMD. JPMorgan Chase & Co. upped their target price on Advanced Micro Devices from $120.00 to $180.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 6th. Benchmark upped their target price on Advanced Micro Devices from $170.00 to $210.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Barclays upped their target price on Advanced Micro Devices from $130.00 to $200.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 6th. Erste Group Bank cut Advanced Micro Devices from a "buy" rating to a "hold" rating in a research report on Thursday, September 11th. Finally, Wedbush restated a "cautious" rating on shares of Advanced Micro Devices in a research note on Saturday, August 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $180.88.

Insider Transactions at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 225,000 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the completion of the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the firm's stock in a transaction on 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 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. This trade represents a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 272,448 shares of company stock valued at $44,554,848 in the last ninety days. 0.06% of the stock is owned by company insiders.

Advanced Micro Devices Stock Up 1.2%

Shares of AMD stock opened at $161.36 on Tuesday. The stock has a market cap of $261.86 billion, a P/E ratio of 92.74, a price-to-earnings-growth ratio of 1.88 and a beta of 1.92. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $186.65. The stock has a fifty day moving average price of $165.57 and a 200 day moving average price of $132.13. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). The firm had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm's revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period last year, the business earned $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 year.

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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