Mount Vernon Associates Inc. MD Invests $275,000 in Advanced Micro Devices, Inc. $AMD

Mount Vernon Associates Inc. MD acquired a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 1,935 shares of the semiconductor manufacturer’s stock, valued at approximately $275,000.

Other institutional investors have also bought and sold shares of the company. Farmers & Merchants Trust Co of Chambersburg PA increased its stake in Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 200 shares in the last quarter. American Capital Advisory LLC increased its stake in Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 130 shares in the last quarter. Kozak & Associates Inc. increased its stake in Advanced Micro Devices by 67.6% in the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock worth $29,000 after buying an additional 123 shares in the last quarter. Dogwood Wealth Management LLC increased its stake in Advanced Micro Devices by 2,311.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 208 shares in the last quarter. Finally, West Branch Capital LLC increased its stake in Advanced Micro Devices by 3,057.1% in 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 in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Trading Down 3.0%

AMD opened at $164.67 on Friday. The firm has a market cap of $267.23 billion, a P/E ratio of 94.64, a P/E/G ratio of 1.94 and a beta of 1.90. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The stock has a 50-day moving average of $165.94 and a 200 day moving average of $133.62.

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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AMD. Evercore ISI increased their price target on Advanced Micro Devices from $144.00 to $188.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Melius upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $175.00 price target for the company in a research note on Monday, June 23rd. Benchmark lifted their target price on Advanced Micro Devices from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. JPMorgan Chase & Co. lifted their target price on Advanced Micro Devices from $120.00 to $180.00 and gave the stock a “neutral” rating in a report on Wednesday, August 6th. Finally, Roth Capital set a $150.00 target price on Advanced Micro Devices and gave the stock a “buy” rating in a report on Friday, June 13th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $180.88.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction dated Thursday, August 21st. The stock was 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 owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the transaction, the executive vice president owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 272,448 shares of company stock worth $44,554,848. Insiders own 0.06% of the company’s stock.

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.