Advanced Micro Devices (NASDAQ:AMD) Shares Up 1.2% – Time to Buy?

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares were up 1.2% during trading on Monday . The stock traded as high as $164.30 and last traded at $161.36. Approximately 39,549,244 shares traded hands during trading, a decline of 15% from the average daily volume of 46,482,887 shares. The stock had previously closed at $159.46.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on AMD shares. Rosenblatt Securities reiterated a “buy” rating and issued a $200.00 price target on shares of Advanced Micro Devices in a research report on Friday, June 13th. Wedbush reaffirmed a “cautious” rating on shares of Advanced Micro Devices in a research report on Saturday, August 9th. Morgan Stanley decreased their target price on shares of Advanced Micro Devices from $185.00 to $168.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 6th. Roth Capital set a $150.00 price target on shares of Advanced Micro Devices and gave the stock a “buy” rating in a report on Friday, June 13th. Finally, Sanford C. Bernstein increased their price target on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the stock a “market perform” rating in a research report on Monday, July 21st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average target price of $180.88.

Advanced Micro Devices Stock Performance

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 stock has a 50-day simple moving average of $165.48 and a 200-day simple moving average of $131.71. The stock has a market cap of $261.86 billion, a P/E ratio of 92.74, a PEG ratio of 1.88 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMD) last released 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). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the prior year, the firm earned $0.69 EPS. The business’s revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction dated 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 sale, the executive vice president directly owned 1,713,710 shares of the company’s stock, valued at approximately $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the completion of the transaction, the chief executive officer directly owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. This represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 272,448 shares of company stock valued at $44,554,848 over the last three months. Company insiders own 0.06% of the company’s stock.

Institutional Trading of Advanced Micro Devices

Several institutional investors have recently modified their holdings of AMD. Norges Bank bought a new position in Advanced Micro Devices during the 2nd quarter worth $3,094,662,000. Kingstone Capital Partners Texas LLC acquired a new position in Advanced Micro Devices during the 2nd quarter worth about $958,422,000. Goldman Sachs Group Inc. lifted its holdings in Advanced Micro Devices by 169.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock worth $1,012,538,000 after buying an additional 6,200,850 shares during the period. T. Rowe Price Investment Management Inc. raised its position in shares of Advanced Micro Devices by 131.5% during the first quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock worth $1,069,846,000 after acquiring an additional 5,915,185 shares during the last quarter. Finally, Nuveen LLC bought a new position in shares of Advanced Micro Devices during the first quarter worth about $436,746,000. Institutional investors own 71.34% of the company’s stock.

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.