Johnson Financial Group Inc. increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 211.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,388 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,299 shares during the quarter. Johnson Financial Group Inc.’s holdings in Advanced Micro Devices were worth $481,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Pinney & Scofield Inc. lifted its position in Advanced Micro Devices by 81.0% during the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 85 shares during the period. Dogwood Wealth Management LLC increased its position in Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 208 shares during the last quarter. Avion Wealth boosted its holdings in shares of Advanced Micro Devices by 49.3% in the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 72 shares during the last quarter. West Branch Capital LLC increased its holdings in shares of Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 214 shares during the last quarter. Finally, High Note Wealth LLC raised its position in shares of Advanced Micro Devices by 285.5% in the 2nd quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer’s stock worth $38,000 after buying an additional 197 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on AMD shares. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $200.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Susquehanna reissued a “positive” rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a research report on Friday, October 31st. Wall Street Zen upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Wells Fargo & Company upped their price target on Advanced Micro Devices from $300.00 to $345.00 and gave the stock an “overweight” rating in a report on Wednesday, November 12th. Finally, Wedbush reiterated an “outperform” rating and set a $290.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $278.54.
Advanced Micro Devices Stock Up 3.9%
NASDAQ:AMD opened at $214.24 on Friday. The stock has a 50-day simple moving average of $218.73 and a 200 day simple moving average of $171.07. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The company has a market capitalization of $348.79 billion, a price-to-earnings ratio of 123.13, a price-to-earnings-growth ratio of 2.42 and a beta of 1.93. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. During the same period last year, the business posted $0.92 earnings per share. The firm’s revenue for the quarter was up 35.6% on a year-over-year basis. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.
Insider Activity at Advanced Micro Devices
In related news, EVP Mark D. Papermaster sold 17,108 shares of the stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $240.12, for a total value of $4,107,972.96. Following the sale, the executive vice president owned 1,714,505 shares of the company’s stock, valued at $411,686,940.60. This trade represents a 0.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the completion of the sale, the executive vice president owned 300,348 shares in the company, valued at $68,890,820.76. The trade was a 6.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 75,676 shares of company stock worth $16,124,589 in the last 90 days. 0.06% of the stock is currently owned by company insiders.
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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