Trust Co. of Toledo NA OH Raises Stake in Advanced Micro Devices, Inc. $AMD

Trust Co. of Toledo NA OH increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,713 shares of the semiconductor manufacturer’s stock after buying an additional 1,253 shares during the period. Trust Co. of Toledo NA OH’s holdings in Advanced Micro Devices were worth $4,784,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Tritonpoint Wealth LLC boosted its position in Advanced Micro Devices by 2.6% during the second quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after purchasing an additional 72 shares in the last quarter. Scott & Selber Inc. boosted its position in shares of Advanced Micro Devices by 0.7% in the 2nd quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after buying an additional 73 shares in the last quarter. Sandy Cove Advisors LLC boosted its position in shares of Advanced Micro Devices by 1.4% in the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after buying an additional 75 shares in the last quarter. Pine Haven Investment Counsel Inc boosted its position in shares of Advanced Micro Devices by 3.3% in the 2nd quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock worth $381,000 after buying an additional 85 shares in the last quarter. Finally, SLT Holdings LLC boosted its position in shares of Advanced Micro Devices by 4.3% in the 2nd quarter. SLT Holdings LLC now owns 2,156 shares of the semiconductor manufacturer’s stock worth $306,000 after buying an additional 88 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling

In related news, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $226.01, for a total value of $648,196.68. Following the transaction, the senior vice president 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the transaction, the executive vice president owned 125,505 shares in the company, valued at $21,738,721.05. The trade was a 7.38% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 275,316 shares of company stock worth $45,203,045. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Down 7.8%

Shares of AMD stock opened at $214.76 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 firm has a market cap of $348.51 billion, a P/E ratio of 123.42, a PEG ratio of 2.74 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $240.10. The firm’s 50-day simple moving average is $170.33 and its 200-day simple moving average is $137.22.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The company had revenue of $7.69 billion for 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 business’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analyst Upgrades and Downgrades

AMD has been the topic of several recent research reports. Wells Fargo & Company upped their price target on shares of Advanced Micro Devices from $185.00 to $275.00 and gave the company an “overweight” rating in a report on Tuesday. Truist Financial reaffirmed a “buy” rating and issued a $273.00 target price (up previously from $213.00) on shares of Advanced Micro Devices in a research note on Tuesday. Cantor Fitzgerald restated an “overweight” rating and issued a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Susquehanna upped their price objective on Advanced Micro Devices from $135.00 to $210.00 and gave the company a “positive” rating in a research report on Wednesday, July 30th. Finally, Citigroup upped their target price on shares of Advanced Micro Devices from $180.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday. Three analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average price target of $218.25.

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.