Rosenberg Matthew Hamilton Has $275,000 Stake in Advanced Micro Devices, Inc. $AMD

Rosenberg Matthew Hamilton lowered its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 1,936 shares of the semiconductor manufacturer’s stock after selling 64 shares during the period. Rosenberg Matthew Hamilton’s holdings in Advanced Micro Devices were worth $275,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in AMD. Tritonpoint Wealth LLC raised its holdings in shares of Advanced Micro Devices by 2.6% in the 2nd quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after purchasing an additional 72 shares during the period. Scott & Selber Inc. raised its holdings in shares of Advanced Micro Devices by 0.7% in the 2nd quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after purchasing an additional 73 shares during the period. Sandy Cove Advisors LLC raised its holdings in shares of Advanced Micro Devices by 1.4% in the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after purchasing an additional 75 shares during the period. Pine Haven Investment Counsel Inc raised its holdings in shares of Advanced Micro Devices by 3.3% in the 2nd quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock worth $381,000 after purchasing an additional 85 shares during the period. Finally, SLT Holdings LLC raised its holdings in shares of Advanced Micro Devices by 4.3% in the 2nd quarter. SLT Holdings LLC now owns 2,156 shares of the semiconductor manufacturer’s stock worth $306,000 after purchasing an additional 88 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction 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 in the company, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of the company’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the transaction, the senior vice president owned 9,033 shares of the company’s stock, valued at $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 257,318 shares of company stock valued at $42,412,815 over the last ninety days. 0.06% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AMD. TD Cowen boosted their target price on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Stifel Nicolaus set a $240.00 target price on shares of Advanced Micro Devices in a report on Monday, October 6th. Deutsche Bank Aktiengesellschaft set a $235.00 target price on shares of Advanced Micro Devices and gave the company a “hold” rating in a report on Tuesday. Piper Sandler reissued an “overweight” rating and set a $240.00 target price on shares of Advanced Micro Devices in a report on Tuesday, October 7th. Finally, Morgan Stanley boosted their target price on shares of Advanced Micro Devices from $168.00 to $246.00 and gave the company an “equal weight” rating in a report on Tuesday, October 7th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $231.00.

Advanced Micro Devices Trading Up 9.4%

Advanced Micro Devices stock opened at $238.60 on Thursday. The stock has a market cap of $387.21 billion, a P/E ratio of 137.13, a PEG ratio of 2.56 and a beta of 1.90. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $240.10. The firm’s fifty day moving average price is $173.51 and its 200-day moving average price is $139.66. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49.

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

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.