Bank Hapoalim BM raised its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 2.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,165 shares of the semiconductor manufacturer’s stock after purchasing an additional 142 shares during the period. Bank Hapoalim BM’s holdings in Advanced Micro Devices were worth $1,017,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Parisi Gray Wealth Management purchased a new position in shares of Advanced Micro Devices in the second quarter worth about $343,000. Davis Investment Partners LLC purchased a new position in shares of Advanced Micro Devices in the second quarter worth about $736,000. Sivia Capital Partners LLC increased its stake in shares of Advanced Micro Devices by 125.1% in 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 in the last quarter. Fragasso Financial Advisors Inc increased its stake in shares of Advanced Micro Devices by 151.3% in 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 in the last quarter. Finally, Modern Wealth Management LLC purchased a new position in shares of Advanced Micro Devices in the first quarter worth about $644,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Wall Street Analysts Forecast Growth
AMD has been the subject of several recent research reports. Truist Financial upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and lifted their target price for the stock from $173.00 to $213.00 in a research note on Tuesday, August 26th. Melius raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $175.00 price objective for the company in a research note on Monday, June 23rd. Seaport Res Ptn cut shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 4th. Erste Group Bank cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Thursday, September 11th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research note on Friday, June 13th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus price target of $180.88.
Advanced Micro Devices Trading Down 3.0%
Shares of Advanced Micro Devices stock opened at $164.67 on Friday. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65. The firm has a market cap of $267.23 billion, a PE ratio of 94.64, a PEG ratio of 2.00 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. The company has a 50 day simple moving average of $165.94 and a two-hundred day simple moving average of $133.43.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (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 company had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the previous year, the firm earned $0.69 earnings per share. The company’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 expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.
Insider Activity at Advanced Micro Devices
In other news, EVP Forrest Eugene Norrod sold 2,250 shares of the business’s stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total value of $371,272.50. Following the completion of the sale, the executive vice president directly owned 311,598 shares in the company, valued at approximately $51,416,785.98. The trade was a 0.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Mark D. Papermaster sold 17,998 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president owned 1,713,710 shares of the company’s stock, valued at approximately $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 272,448 shares of company stock valued at $44,554,848. Company insiders own 0.06% of the company’s stock.
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.
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