Ashton Thomas Securities LLC Invests $234,000 in Advanced Micro Devices, Inc. $AMD

Ashton Thomas Securities LLC acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,646 shares of the semiconductor manufacturer’s stock, valued at approximately $234,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Dogwood Wealth Management LLC increased its holdings in shares of Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 208 shares during the period. West Branch Capital LLC grew its position in Advanced Micro Devices by 3,057.1% during the second 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. 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 acquiring an additional 200 shares during the last quarter. American Capital Advisory LLC raised its holdings in shares of Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 130 shares in the last quarter. Finally, Kozak & Associates Inc. boosted its position in shares of Advanced Micro Devices by 67.6% during the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock valued at $29,000 after acquiring an additional 123 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on AMD. Deutsche Bank Aktiengesellschaft set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Morgan Stanley lowered their price objective on shares of Advanced Micro Devices from $185.00 to $168.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 6th. Sanford C. Bernstein lifted their price objective on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the stock a “market perform” rating in a report on Monday, July 21st. Roth Capital set a $150.00 target price on Advanced Micro Devices and gave the company a “buy” rating in a research note on Friday, June 13th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $200.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $180.88.

Read Our Latest Stock Analysis on Advanced Micro Devices

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $164.67 on Friday. The firm has a fifty day simple moving average of $165.94 and a two-hundred day simple moving average of $133.43. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $186.65. The company has a market capitalization of $267.23 billion, a PE ratio of 94.64, a P/E/G ratio of 2.00 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 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 in the prior year, the firm posted $0.69 EPS. The firm’s quarterly revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Activity

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the sale, the executive vice president owned 125,505 shares of the company’s stock, valued at $21,738,721.05. This represents a 7.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the firm’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the sale, the executive vice president directly owned 311,598 shares in the company, valued at approximately $51,416,785.98. This trade represents a 0.72% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 272,448 shares of company stock valued at $44,554,848. 0.06% of the stock is owned by corporate insiders.

Advanced Micro Devices 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.

See Also

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

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