Carson Advisory Inc. Makes New $347,000 Investment in Advanced Micro Devices, Inc. $AMD

Carson Advisory Inc. acquired a new position in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,448 shares of the semiconductor manufacturer’s stock, valued at approximately $347,000.

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on AMD shares. Melius Research set a $300.00 price objective on Advanced Micro Devices in a report on Monday, October 6th. Benchmark raised their price target on Advanced Micro Devices from $210.00 to $270.00 and gave the company a “buy” rating in a report on Monday, October 6th. Susquehanna restated a “positive” rating and set a $300.00 price target on shares of Advanced Micro Devices in a report on Friday. Raymond James Financial raised their price target on Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Finally, Wells Fargo & Company raised their price target on Advanced Micro Devices from $275.00 to $300.00 and gave the company an “overweight” rating in a report on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average target price of $237.32.

View Our Latest Analysis on Advanced Micro Devices

Insider Buying and Selling

In related news, EVP Mark D. Papermaster sold 16,800 shares of Advanced Micro Devices stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 1,714,505 shares in the company, valued at approximately $384,529,181.40. This trade represents a 0.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value 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. The trade was a 7.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 274,118 shares of company stock worth $46,180,719 in the last three months. 0.06% of the stock is currently owned by company insiders.

Advanced Micro Devices Price Performance

NASDAQ AMD opened at $256.12 on Friday. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The stock has a 50-day moving average of $191.16 and a 200 day moving average of $153.25. The company has a market capitalization of $415.64 billion, a price-to-earnings ratio of 147.20, a PEG ratio of 2.42 and a beta of 1.90. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49.

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 business 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 earnings per share. Advanced Micro Devices’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, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices Company 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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