Rep. Dan Newhouse Buys Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares

Key Points

• Representative Dan Newhouse recently purchased shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) worth between $1,001 and $15,000 from his IRA account.
• AMD's stock performance shows it has a market cap of $261.86 billion, with a one-year high of $186.65 and a low of $76.48, reflecting significant market activity.
• Wall Street analysts generally view AMD positively, with a consensus rating of "Moderate Buy" and an average price target of $180.88.

Representative Dan Newhouse (R-Washington) recently bought shares of Advanced Micro Devices, Inc. NASDAQ: AMD. In a filing disclosed on September 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Advanced Micro Devices stock on August 18th. The trade occurred in the Representative's "EDWARD JONES IRA" account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of ONEOK NYSE: OKE on 8/18/2025.
• Sold $1,001 - $15,000 in shares of RTX NYSE: RTX on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of General Mills NYSE: GIS on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Ross Stores NASDAQ: ROST on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Prologis NYSE: PLD on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Brown & Brown NYSE: BRO on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of AMETEK NYSE: AME on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of S&P Global NYSE: SPGI on 8/18/2025.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $161.36 on Tuesday. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $186.65. The company has a market cap of $261.86 billion, a PE ratio of 92.74, a P/E/G ratio of 1.88 and a beta of 1.92. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The business has a 50-day simple moving average of $165.57 and a 200-day simple moving average of $132.13.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts' consensus estimates 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 firm posted $0.69 earnings per share. The business's quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AMD has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft set a $200.00 price objective on Advanced Micro Devices in a research report on Wednesday, August 6th. Stifel Nicolaus upped their price target on Advanced Micro Devices from $161.00 to $190.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. HSBC lowered their price target on Advanced Micro Devices from $200.00 to $185.00 and set a "buy" rating for the company in a report on Tuesday, September 9th. Citigroup upped their price target on Advanced Micro Devices from $145.00 to $165.00 and gave the company a "neutral" rating in a report on Friday, July 18th. Finally, Sanford C. Bernstein upped their price target on Advanced Micro Devices from $95.00 to $140.00 and gave the company a "market perform" rating in a report on Monday, July 21st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $180.88.

Insider Buying and Selling

In related news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the sale, the executive vice president directly owned 125,505 shares of the company's stock, valued at $21,738,721.05. This trade represents a 7.38% 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 link. Also, CEO Lisa T. Su sold 225,000 shares of the 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 sale, the chief executive officer directly 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. Insiders sold 272,448 shares of company stock valued at $44,554,848 in the last ninety days. Company insiders own 0.06% of the company's stock.

Institutional Investors Weigh In On Advanced Micro Devices

Several large investors have recently modified their holdings of the company. Parisi Gray Wealth Management acquired a new stake in shares of Advanced Micro Devices during the second quarter worth $343,000. Davis Investment Partners LLC acquired a new stake in shares of Advanced Micro Devices during the second quarter worth $736,000. Sivia Capital Partners LLC lifted its holdings in shares of Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock worth $758,000 after purchasing an additional 2,970 shares during the period. Fragasso Financial Advisors Inc lifted its holdings in shares of Advanced Micro Devices by 151.3% during the second quarter. Fragasso Financial Advisors Inc now owns 5,628 shares of the semiconductor manufacturer's stock worth $799,000 after purchasing an additional 3,388 shares during the period. Finally, Modern Wealth Management LLC acquired a new stake in shares of Advanced Micro Devices during the first quarter worth $644,000. 71.34% of the stock is owned by institutional investors and hedge funds.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington's 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington's 4th Congressional District. He won in the general election on November 5, 2024. Click here to see Newhouse's key votes in Congress. Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013. Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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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