Atlantic Edge Private Wealth Management LLC Purchases 5,464 Shares of Advanced Micro Devices, Inc. $AMD

Atlantic Edge Private Wealth Management LLC grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 35.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,712 shares of the semiconductor manufacturer’s stock after buying an additional 5,464 shares during the quarter. Atlantic Edge Private Wealth Management LLC’s holdings in Advanced Micro Devices were worth $2,939,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in AMD. Brighton Jones LLC boosted its holdings in shares of Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after buying an additional 29,438 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after buying an additional 234 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Advanced Micro Devices by 18.7% in the first quarter. GAMMA Investing LLC now owns 19,554 shares of the semiconductor manufacturer’s stock valued at $2,009,000 after buying an additional 3,084 shares during the period. Advisor Resource Council acquired a new position in shares of Advanced Micro Devices in the first quarter valued at approximately $434,000. Finally, Illumine Investment Management LLC boosted its holdings in shares of Advanced Micro Devices by 4.4% in the first quarter. Illumine Investment Management LLC now owns 24,644 shares of the semiconductor manufacturer’s stock valued at $2,532,000 after buying an additional 1,031 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AMD. Raymond James Financial upped their price target on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Wedbush raised their target price on shares of Advanced Micro Devices from $190.00 to $270.00 and gave the company an “outperform” rating in a research report on Wednesday, October 15th. JPMorgan Chase & Co. raised their target price on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Citigroup raised their target price on shares of Advanced Micro Devices from $180.00 to $215.00 and gave the company a “neutral” rating in a research report on Tuesday, October 7th. Finally, TD Cowen raised their target price on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Three investment 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 given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $233.94.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $240.56 on Tuesday. The stock has a market cap of $390.39 billion, a P/E ratio of 138.25, a P/E/G ratio of 2.32 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 fifty day moving average price of $177.32 and a two-hundred day moving average price of $143.15. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $242.88.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The firm had revenue of $7.69 billion during the quarter, compared to analyst estimates 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 revenue was up 31.7% compared to the same quarter last year. During the same quarter 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 predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the sale, the executive vice president owned 125,505 shares in the company, valued at $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Ava Hahn sold 2,868 shares of the stock in a transaction on Monday, October 6th. The shares were sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the sale, the senior vice president owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 274,118 shares of company stock valued at $46,180,719. 0.06% of the stock is owned by company insiders.

About Advanced Micro Devices

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.