Trifecta Capital Advisors LLC raised its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 2.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 27,561 shares of the semiconductor manufacturer’s stock after acquiring an additional 570 shares during the period. Trifecta Capital Advisors LLC’s holdings in Advanced Micro Devices were worth $3,911,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the business. Maryland State Retirement & Pension System raised its holdings in Advanced Micro Devices by 4.0% in the 2nd quarter. Maryland State Retirement & Pension System now owns 78,275 shares of the semiconductor manufacturer’s stock valued at $11,107,000 after acquiring an additional 2,993 shares during the last quarter. Optas LLC grew its stake in shares of Advanced Micro Devices by 4.2% during the 2nd quarter. Optas LLC now owns 7,076 shares of the semiconductor manufacturer’s stock valued at $1,004,000 after buying an additional 286 shares during the period. Eagle Strategies LLC purchased a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at $238,000. Ignite Planners LLC grew its stake in shares of Advanced Micro Devices by 6.6% during the 2nd quarter. Ignite Planners LLC now owns 3,199 shares of the semiconductor manufacturer’s stock valued at $502,000 after buying an additional 197 shares during the period. Finally, WESPAC Advisors LLC purchased a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at $341,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several brokerages have recently issued reports on AMD. Raymond James Financial boosted their price objective on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. UBS Group boosted their price objective on shares of Advanced Micro Devices from $210.00 to $265.00 and gave the company a “buy” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft set a $200.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Dbs Bank raised shares of Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a research report on Monday. Finally, Hsbc Global Res raised shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $217.70.
Insiders Place Their Bets
In other news, EVP Mark D. Papermaster sold 17,998 shares of the company’s stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the sale, the executive vice president owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. This represents a 1.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the sale, the chief executive officer owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 275,316 shares of company stock worth $45,203,045. Company insiders own 0.06% of the company’s stock.
Advanced Micro Devices Stock Performance
Shares of AMD stock opened at $235.56 on Thursday. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $235.87. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The firm has a market capitalization of $382.28 billion, a P/E ratio of 135.38, a P/E/G ratio of 2.50 and a beta of 1.90. The company’s fifty day moving average price is $168.34 and its two-hundred day moving average price is $135.71.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued 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 return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same quarter in the prior year, the firm earned $0.69 EPS. The business’s quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.
Advanced Micro Devices Company Profile
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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