Trust Co of the South Buys Shares of 1,603 Advanced Micro Devices, Inc. $AMD

Key Points

• Trust Co of the South purchased 1,603 shares of Advanced Micro Devices, Inc. (AMD), valued at approximately $227,000, marking a new stake in the company for the second quarter.
• Executives Mark D. Papermaster and CEO Lisa T. Su sold a total of 242,998 shares of AMD stock, with the transactions reflecting a decrease in their ownership by 1.04% and 6.28%, respectively.
• Advanced Micro Devices has shown significant year-over-year revenue growth of 31.7%, reporting $7.69 billion in revenue for the last quarter, despite missing earnings per share estimates.

Trust Co of the South bought a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,603 shares of the semiconductor manufacturer's stock, valued at approximately $227,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its position in Advanced Micro Devices by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer's stock valued at $15,654,222,000 after purchasing an additional 2,157,199 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Advanced Micro Devices by 9.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 21,401,436 shares of the semiconductor manufacturer's stock valued at $2,585,079,000 after acquiring an additional 1,929,225 shares during the period. Amundi increased its holdings in shares of 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 period. Invesco Ltd. increased its position in Advanced Micro Devices by 4.0% during the 1st quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer's stock valued at $1,214,285,000 after buying an additional 450,695 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Advanced Micro Devices by 4.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer's stock valued at $1,083,815,000 after buying an additional 466,048 shares during the period. 71.34% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Mark D. Papermaster sold 17,998 shares of the firm's stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the transaction, the executive vice president directly owned 1,713,710 shares in the company, valued at $265,676,461.30. This trade represents a 1.04% 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, 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 transaction, the chief executive officer owned 3,359,748 shares of the company's stock, 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 ninety days, insiders have sold 270,198 shares of company stock valued at $44,183,576. 0.06% of the stock is currently owned by insiders.

Advanced Micro Devices Price Performance

AMD stock opened at $158.57 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The business has a 50 day simple moving average of $163.13 and a 200-day simple moving average of $127.12. The firm has a market capitalization of $257.33 billion, a PE ratio of 91.13, a price-to-earnings-growth ratio of 1.83 and a beta of 1.92. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued 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). The business had revenue of $7.69 billion during the quarter, compared to analysts' expectations of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company's revenue was up 31.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on AMD shares. Barclays boosted their price objective on Advanced Micro Devices from $130.00 to $200.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. HSBC decreased their price objective on Advanced Micro Devices from $200.00 to $185.00 and set a "buy" rating for the company in a report on Tuesday. Wedbush reissued a "cautious" rating on shares of Advanced Micro Devices in a report on Saturday, August 9th. Stifel Nicolaus upped their price target on Advanced Micro Devices from $161.00 to $190.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Finally, Roth Capital set a $150.00 price target on Advanced Micro Devices and gave the stock a "buy" rating in a report on Friday, June 13th. Three 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 assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $180.88.

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.

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.