Advanced Micro Devices, Inc. $AMD Shares Bought by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 91.2% in the second quarter, HoldingsChannel.com reports. The fund owned 38,474 shares of the semiconductor manufacturer’s stock after acquiring an additional 18,354 shares during the quarter. Advanced Micro Devices comprises about 0.8% of Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ portfolio, making the stock its 22nd largest holding. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Advanced Micro Devices were worth $5,459,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cornerstone Advisory LLC lifted its position in Advanced Micro Devices by 1.4% during the 2nd quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer’s stock worth $606,000 after acquiring an additional 57 shares during the period. Tritonpoint Wealth LLC lifted its position in Advanced Micro Devices by 2.6% during the 2nd quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after acquiring an additional 72 shares during the period. Avion Wealth lifted its position in Advanced Micro Devices by 49.3% during the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after acquiring an additional 72 shares during the period. Scott & Selber Inc. lifted its position in Advanced Micro Devices by 0.7% during the 2nd quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after acquiring an additional 73 shares during the period. Finally, Sandy Cove Advisors LLC lifted its position in Advanced Micro Devices by 1.4% during the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after acquiring an additional 75 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the transaction, the executive vice president directly owned 125,505 shares in the company, valued at $21,738,721.05. The trade was a 7.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 16,800 shares of the business’s stock in a transaction that occurred on 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 transaction, the executive vice president owned 1,714,505 shares in the company, valued at approximately $384,529,181.40. This represents a 0.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 274,118 shares of company stock worth $46,180,719. 0.06% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on AMD shares. Wedbush lifted their price target on Advanced Micro Devices from $190.00 to $270.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 15th. HSBC lifted their price objective on Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Mizuho lifted their price objective on Advanced Micro Devices from $205.00 to $275.00 and gave the company an “outperform” rating in a research note on Monday, October 13th. Wells Fargo & Company lifted their price objective on Advanced Micro Devices from $275.00 to $300.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Piper Sandler reiterated an “overweight” rating and set a $240.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $234.68.

Advanced Micro Devices Trading Down 3.6%

AMD stock opened at $254.84 on Friday. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08. The stock has a market cap of $413.57 billion, a price-to-earnings ratio of 146.46, a PEG ratio of 2.42 and a beta of 1.90. The business’s 50-day moving average is $189.40 and its 200 day moving average is $151.72.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (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 firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same quarter in the previous year, the firm posted $0.69 earnings per share. The company’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, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

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.