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Sen. Angus S. King Jr. Purchases Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Advanced Micro Devices logo with Computer and Technology background

Key Points

  • Senator Angus S. King Jr. disclosed the purchase of shares in Advanced Micro Devices, Inc. (NASDAQ:AMD) valued between $1,001 and $15,000 on July 21st, 2025.
  • Advanced Micro Devices reported a missed earnings expectation of $0.48 per share for the last quarter, while revenue was up 31.7% at $7.69 billion compared to the previous year.
  • The company has a market capitalization of $265.68 billion and recently authorized a $6 billion stock buyback, indicating that its board believes the stock is undervalued.
  • Looking to export and analyze Advanced Micro Devices data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Senator Angus S. King Jr. (I-Maine) recently bought shares of Advanced Micro Devices, Inc. NASDAQ: AMD. In a filing disclosed on August 18th, the Senator disclosed that they had bought between $1,001 and $15,000 in Advanced Micro Devices stock on July 21st.

Senator Angus S. King Jr. also recently made the following trade(s):

  • Purchased $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 7/21/2025.
  • Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 7/21/2025.
  • Purchased $1,001 - $15,000 in shares of Lowe's Companies NYSE: LOW on 7/21/2025.
  • Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 7/21/2025.
  • Purchased $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 7/21/2025.
  • Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 7/21/2025.
  • Purchased $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 7/21/2025.
  • Purchased $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 7/21/2025.
  • Purchased $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 7/21/2025.
  • Purchased $1,001 - $15,000 in shares of Quanta Services NYSE: PWR on 7/21/2025.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD opened at $163.71 on Friday. 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 stock has a 50 day moving average price of $154.45 and a 200 day moving average price of $121.67. The stock has a market capitalization of $265.68 billion, a PE ratio of 94.09, a price-to-earnings-growth ratio of 1.95 and a beta of 1.94. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $186.65.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results 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). 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 last year, the firm 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. Analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Advanced Micro Devices declared that its Board of Directors has approved a stock repurchase plan on Wednesday, May 14th that authorizes the company to buyback $6.00 billion in shares. This buyback authorization authorizes the semiconductor manufacturer to purchase up to 3.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its stock is undervalued.

Analyst Ratings Changes

AMD has been the topic of several analyst reports. The Goldman Sachs Group raised shares of Advanced Micro Devices to a "hold" rating and set a $140.00 price target on the stock in a research report on Thursday, July 10th. Dbs Bank lowered shares of Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 8th. Seaport Res Ptn upgraded shares of Advanced Micro Devices to a "strong-buy" rating in a research note on Wednesday, April 30th. Rosenblatt Securities reiterated a "buy" rating and set a $200.00 price target on shares of Advanced Micro Devices in a report on Friday, June 13th. Finally, UBS Group upped their price objective on Advanced Micro Devices from $150.00 to $210.00 and gave the company a "buy" rating in a research note on Monday, July 28th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $180.12.

View Our Latest Stock Analysis on Advanced Micro Devices

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares in the company, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mark D. Papermaster sold 17,998 shares of the business's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the sale, the executive vice president owned 1,713,710 shares of the company's stock, valued at $265,676,461.30. This trade represents a 1.04% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.06% of the company's stock.

Institutional Investors Weigh In On Advanced Micro Devices

Hedge funds have recently added to or reduced their stakes in the business. Toronto Dominion Bank lifted its position in shares of Advanced Micro Devices by 443.3% during the 4th quarter. Toronto Dominion Bank now owns 5,467,956 shares of the semiconductor manufacturer's stock valued at $660,475,000 after acquiring an additional 4,461,609 shares during the period. Bank Pictet & Cie Europe AG grew its holdings in Advanced Micro Devices by 12.7% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 264,574 shares of the semiconductor manufacturer's stock worth $31,958,000 after purchasing an additional 29,825 shares during the period. Valicenti Advisory Services Inc. raised its holdings in shares of Advanced Micro Devices by 4.0% during the first quarter. Valicenti Advisory Services Inc. now owns 76,826 shares of the semiconductor manufacturer's stock valued at $7,893,000 after purchasing an additional 2,944 shares during the period. Sound Income Strategies LLC boosted its position in shares of Advanced Micro Devices by 17.2% during the 1st quarter. Sound Income Strategies LLC now owns 1,728 shares of the semiconductor manufacturer's stock worth $178,000 after purchasing an additional 253 shares in the last quarter. Finally, Brighton Jones LLC grew its stake in shares of Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock valued at $5,551,000 after buying an additional 29,438 shares during the period. 71.34% of the stock is currently owned by institutional investors.

About Senator King

Angus King (independent) is a member of the U.S. Senate from Maine. He assumed office on January 3, 2013. His current term ends on January 3, 2031. King (independent) ran for re-election to the U.S. Senate to represent Maine. He won in the general election on November 5, 2024.

Advanced Micro Devices Company Profile

(Get 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.

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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.

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