Nadler Financial Group Inc. boosted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 13.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,851 shares of the semiconductor manufacturer’s stock after buying an additional 335 shares during the quarter. Nadler Financial Group Inc.’s holdings in Advanced Micro Devices were worth $405,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the business. Tritonpoint Wealth LLC increased its position in Advanced Micro Devices by 2.6% during the second quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after buying an additional 72 shares during the last quarter. Scott & Selber Inc. increased its position in Advanced Micro Devices by 0.7% during the second quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after buying an additional 73 shares during the last quarter. Sandy Cove Advisors LLC grew its position in shares of Advanced Micro Devices by 1.4% in the second quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock valued at $776,000 after purchasing an additional 75 shares during the last quarter. Pine Haven Investment Counsel Inc grew its position in shares of Advanced Micro Devices by 3.3% in the second quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock valued at $381,000 after purchasing an additional 85 shares during the last quarter. Finally, SLT Holdings LLC grew its position in shares of Advanced Micro Devices by 4.3% in the second quarter. SLT Holdings LLC now owns 2,156 shares of the semiconductor manufacturer’s stock valued at $306,000 after purchasing an additional 88 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on AMD shares. Barclays raised their price target on Advanced Micro Devices from $200.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, October 6th. Wells Fargo & Company raised their price target on Advanced Micro Devices from $185.00 to $275.00 and gave the company an “overweight” rating in a research report on Tuesday, October 7th. UBS Group raised their price target on Advanced Micro Devices from $210.00 to $265.00 and gave the company a “buy” rating in a research report on Tuesday, October 7th. KGI Securities set a $260.00 price target on Advanced Micro Devices and gave the company an “outperform” rating in a research report on Monday. Finally, Rosenblatt Securities raised their price target on Advanced Micro Devices from $200.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $221.64.
Advanced Micro Devices Stock Up 0.7%
NASDAQ AMD opened at $216.42 on Tuesday. 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 firm has a 50-day simple moving average of $171.12 and a 200 day simple moving average of $138.42. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $240.10. The stock has a market cap of $351.22 billion, a PE ratio of 124.38, a PEG ratio of 2.52 and a beta of 1.90.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the previous year, the business 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. On average, research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.
Insider Buying and Selling at Advanced Micro Devices
In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the completion of the transaction, the executive vice president owned 313,848 shares in the company, valued at $50,507,558.64. This trade represents a 5.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the transaction, the senior vice president owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 257,318 shares of company stock worth $42,412,815 in the last three months. 0.06% of the stock is currently owned by company insiders.
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.
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