Huntleigh Advisors Inc. Invests $445,000 in Advanced Micro Devices, Inc. $AMD

Huntleigh Advisors Inc. purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 3,137 shares of the semiconductor manufacturer’s stock, valued at approximately $445,000.

Several other institutional investors have also recently added to or reduced their stakes in AMD. Kingstone Capital Partners Texas LLC acquired a new stake in Advanced Micro Devices in the second quarter valued at $958,422,000. Goldman Sachs Group Inc. raised its holdings in Advanced Micro Devices by 169.7% in the first quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock valued at $1,012,538,000 after acquiring an additional 6,200,850 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in 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 acquiring an additional 5,915,185 shares in the last quarter. Nuveen LLC acquired a new stake in Advanced Micro Devices in the first quarter valued at $436,746,000. Finally, Parnassus Investments LLC raised its holdings in Advanced Micro Devices by 47,883.5% in the first quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock valued at $425,592,000 after acquiring an additional 4,133,785 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of the company’s stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 313,848 shares of the company’s stock, valued at approximately $50,507,558.64. This represents a 5.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mark D. Papermaster sold 16,800 shares of the company’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the completion of the sale, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 274,118 shares of company stock worth $46,180,719 over the last ninety days. Insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Erste Group Bank cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Thursday, September 11th. Raymond James Financial increased their target price on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Piper Sandler reissued an “overweight” rating and set a $240.00 target price on shares of Advanced Micro Devices in a report on Tuesday, October 7th. Bank of America increased their target price on shares of Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Friday. Finally, Stifel Nicolaus set a $240.00 target price on shares of Advanced Micro Devices in a report on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average target price of $233.94.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $233.08 on Friday. The firm has a 50-day moving average price of $175.96 and a 200 day moving average price of $141.73. The firm has a market capitalization of $378.25 billion, a PE ratio of 133.95, a P/E/G ratio of 2.32 and a beta of 1.90. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $241.20.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business’s quarterly revenue was up 31.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

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.