Rep. Dan Newhouse Buys Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares

Representative Dan Newhouse (R-Washington) recently bought shares of Advanced Micro Devices, Inc. (NASDAQ:AMD). In a filing disclosed on September 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Advanced Micro Devices stock on August 18th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of ONEOK (NYSE:OKE) on 8/18/2025.
  • Sold $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of General Mills (NYSE:GIS) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of Ross Stores (NASDAQ:ROST) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of Exxon Mobil (NYSE:XOM) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of AMETEK (NYSE:AME) on 8/18/2025.
  • Purchased $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 8/18/2025.

Advanced Micro Devices Stock Up 0.3%

Shares of AMD traded up $0.44 during mid-day trading on Tuesday, hitting $161.80. 10,302,225 shares of the company’s stock were exchanged, compared to its average volume of 46,278,754. The company has a market cap of $262.58 billion, a price-to-earnings ratio of 92.96, a P/E/G ratio of 1.88 and a beta of 1.92. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $186.65. 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 stock’s 50-day moving average is $165.57 and its 200-day moving average is $132.13.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.Advanced Micro Devices’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Activity

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction on 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 transaction, the executive vice president directly owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Mark D. Papermaster sold 17,998 shares of the business’s stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the transaction, the executive vice president owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 272,448 shares of company stock valued at $44,554,848. 0.06% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Advanced Micro Devices

A number of institutional investors have recently modified their holdings of the business. Pinney & Scofield Inc. grew its position in Advanced Micro Devices by 81.0% during the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 85 shares during the last quarter. Dogwood Wealth Management LLC grew its holdings in shares of Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 208 shares during the last quarter. Avion Wealth increased its holdings in shares of Advanced Micro Devices by 49.3% in the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 72 shares during the period. West Branch Capital LLC increased its holdings in shares of Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 214 shares during the period. Finally, Evolution Wealth Management Inc. acquired a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $34,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Susquehanna increased their price target on Advanced Micro Devices from $135.00 to $210.00 and gave the company a “positive” rating in a research report on Wednesday, July 30th. Hsbc Global Res upgraded shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. Citigroup raised their price objective on shares of Advanced Micro Devices from $145.00 to $165.00 and gave the company a “neutral” rating in a report on Friday, July 18th. TD Cowen raised their price target on Advanced Micro Devices from $165.00 to $195.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Finally, Bank of America raised their price target on Advanced Micro Devices from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $180.88.

Get Our Latest Stock Report on Advanced Micro Devices

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

About Advanced Micro Devices

(Get 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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