SYM FINANCIAL Corp Purchases New Position in Advanced Micro Devices, Inc. $AMD

SYM FINANCIAL Corp acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,591 shares of the semiconductor manufacturer’s stock, valued at approximately $368,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC increased its position in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after purchasing an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in 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 in the last quarter. Golden State Wealth Management LLC grew its stake in Advanced Micro Devices by 7.8% during the first quarter. Golden State Wealth Management LLC now owns 8,867 shares of the semiconductor manufacturer’s stock worth $911,000 after buying an additional 638 shares during the last quarter. Joel Isaacson & Co. LLC increased its holdings in shares of Advanced Micro Devices by 7.4% during the first quarter. Joel Isaacson & Co. LLC now owns 2,851 shares of the semiconductor manufacturer’s stock worth $293,000 after buying an additional 196 shares in the last quarter. Finally, Hills Bank & Trust Co increased its holdings in shares of Advanced Micro Devices by 8.2% during the first quarter. Hills Bank & Trust Co now owns 8,368 shares of the semiconductor manufacturer’s stock worth $860,000 after buying an additional 637 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,800 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total value of $3,767,904.00. Following the completion of the transaction, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at approximately $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the 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 sale, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 274,118 shares of company stock worth $46,180,719 in the last three months. 0.06% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AMD. Cantor Fitzgerald reissued an “overweight” rating and issued a $200.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Morgan Stanley lifted their price objective on Advanced Micro Devices from $168.00 to $246.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 7th. Piper Sandler restated an “overweight” rating and set a $240.00 target price on shares of Advanced Micro Devices in a report on Tuesday, October 7th. DZ Bank raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target for the company in a report on Wednesday, October 8th. Finally, Wells Fargo & Company upped their price target on shares of Advanced Micro Devices from $185.00 to $275.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $233.94.

Read Our Latest Stock Analysis on AMD

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD opened at $259.67 on Tuesday. The firm’s 50 day simple moving average is $183.76 and its 200 day simple moving average is $148.62. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $260.42. The company has a market capitalization of $421.40 billion, a price-to-earnings ratio of 149.24, a P/E/G ratio of 2.31 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.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last issued its 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 firm had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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