Baker Boyer National Bank Acquires New Stake in Advanced Micro Devices, Inc. $AMD

Baker Boyer National Bank acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,571 shares of the semiconductor manufacturer’s stock, valued at approximately $223,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Dogwood Wealth Management LLC increased its holdings in Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 208 shares during the period. West Branch Capital LLC grew its holdings in 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 acquiring an additional 214 shares during the period. High Note Wealth LLC grew its holdings in Advanced Micro Devices by 285.5% during the 2nd quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer’s stock worth $38,000 after acquiring an additional 197 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA grew its holdings in Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 200 shares during the period. Finally, American Capital Advisory LLC grew its holdings in Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 130 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the transaction, the executive vice president owned 313,848 shares of the company’s stock, valued at $50,507,558.64. This trade represents a 5.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 257,318 shares of company stock worth $42,412,815 in the last quarter. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $216.42 on Tuesday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $240.10. The stock has a market cap of $351.22 billion, a price-to-earnings ratio of 124.38, a PEG ratio of 2.52 and a beta of 1.90. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The firm’s 50-day simple moving average is $171.12 and its 200 day simple moving average is $138.42.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate 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 period in the previous year, the business posted $0.69 EPS. Advanced Micro Devices’s revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have weighed in on AMD. Truist Financial reiterated a “buy” rating and set a $273.00 price target (up from $213.00) on shares of Advanced Micro Devices in a report on Tuesday, October 7th. Rosenblatt Securities increased their price target on Advanced Micro Devices from $200.00 to $250.00 and gave the stock a “buy” rating in a report on Tuesday, October 7th. Weiss Ratings downgraded Advanced Micro Devices from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, October 8th. Wells Fargo & Company increased their price target on Advanced Micro Devices from $185.00 to $275.00 and gave the stock an “overweight” rating in a report on Tuesday, October 7th. Finally, Roth Capital set a $250.00 target price on Advanced Micro Devices and gave the company a “buy” rating in a research note on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $221.64.

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.