North Star Investment Management Corp. boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 0.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,270 shares of the semiconductor manufacturer’s stock after buying an additional 290 shares during the period. North Star Investment Management Corp.’s holdings in Advanced Micro Devices were worth $5,431,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Parisi Gray Wealth Management acquired a new stake in Advanced Micro Devices in the second quarter worth $343,000. Davis Investment Partners LLC acquired a new stake in Advanced Micro Devices in the second quarter worth $736,000. Sivia Capital Partners LLC raised its holdings in Advanced Micro Devices by 125.1% in the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after purchasing an additional 2,970 shares during the period. Fragasso Financial Advisors Inc increased its position in shares of Advanced Micro Devices by 151.3% during the second quarter. Fragasso Financial Advisors Inc now owns 5,628 shares of the semiconductor manufacturer’s stock worth $799,000 after acquiring an additional 3,388 shares in the last quarter. Finally, Modern Wealth Management LLC acquired a new stake in shares of Advanced Micro Devices during the first quarter worth $644,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
AMD has been the topic of a number of research analyst reports. TD Cowen raised their price objective on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. UBS Group raised their price objective on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, July 28th. Erste Group Bank lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Thursday, September 11th. Rosenblatt Securities restated a “buy” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a report on Friday, June 13th. Finally, Susquehanna raised their price objective on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the stock a “positive” rating in a report on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $180.88.
Advanced Micro Devices Stock Down 0.0%
Advanced Micro Devices stock opened at $160.88 on Thursday. The company has a fifty day simple moving average of $165.42 and a 200 day simple moving average of $130.39. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65. The company has a market cap of $261.08 billion, a P/E ratio of 92.46, a price-to-earnings-growth ratio of 1.90 and a beta of 1.92. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 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 firm had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same period last year, the business 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 anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.
Insider Activity
In other news, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction dated 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 transaction, the executive vice president owned 125,505 shares of the company’s stock, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of Advanced Micro Devices stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the sale, the executive vice president directly owned 313,848 shares of the company’s stock, valued at $50,507,558.64. The trade was a 5.20% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 270,198 shares of company stock worth $44,183,576. 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.
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