Vest Financial LLC Boosts Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Vest Financial LLC increased its stake in Advanced Micro Devices by **39.3%** during the second quarter, owning **21,311 shares** valued at approximately **$3.02 million**.
• Institutional investors now own **71.34%** of AMD, with significant increases in holdings reported by firms like **Vanguard**, **Amundi**, and **T. Rowe Price**.
• AMD recently reported earnings of **$0.48 EPS**, missing estimates, but with revenue of **$7.69 billion**, reflecting a **31.7% increase** year-over-year.

Vest Financial LLC raised its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 39.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,311 shares of the semiconductor manufacturer's stock after purchasing an additional 6,010 shares during the period. Vest Financial LLC's holdings in Advanced Micro Devices were worth $3,024,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Advanced Micro Devices by 1.4% in the first quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer's stock valued at $15,654,222,000 after buying an additional 2,157,199 shares during the last quarter. Amundi raised its position in shares of Advanced Micro Devices by 8.0% in the first quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer's stock valued at $1,677,014,000 after buying an additional 1,319,064 shares during the last quarter. Invesco Ltd. raised its position in shares of Advanced Micro Devices by 4.0% in the first 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 during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Advanced Micro Devices by 4.6% in the first 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 last quarter. Finally, T. Rowe Price Investment Management Inc. raised its position in shares of Advanced Micro Devices by 131.5% in the first quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer's stock valued at $1,069,846,000 after buying an additional 5,915,185 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AMD shares. Wedbush restated a "cautious" rating on shares of Advanced Micro Devices in a research report on Saturday, August 9th. Cantor Fitzgerald restated an "overweight" rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Seaport Res Ptn cut shares of Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a research report on Thursday, September 4th. Erste Group Bank cut shares of Advanced Micro Devices from a "buy" rating to a "hold" rating in a research report on Thursday, September 11th. Finally, Hsbc Global Res upgraded shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $224.97.

Insider Activity

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of the business's stock in a transaction on 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 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of the company's stock in a transaction on Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the transaction, the senior vice president directly owned 9,033 shares in the company, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 257,318 shares of company stock valued at $42,412,815. 0.06% of the stock is owned by corporate insiders.

Advanced Micro Devices Stock Up 0.8%

AMD stock opened at $218.09 on Wednesday. The company has a fifty day moving average price of $172.00 and a 200 day moving average price of $138.97. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $240.10. The company has a market cap of $353.93 billion, a price-to-earnings ratio of 125.34, a price-to-earnings-growth ratio of 2.54 and a beta of 1.90. 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 released its quarterly 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). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business had revenue of $7.69 billion during the quarter, compared to analysts' expectations of $7.41 billion. During the same quarter last year, the company earned $0.69 EPS. The firm's revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Sell-side analysts expect 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.

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).

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.