Bryn Mawr Trust Advisors LLC Purchases 1,670 Shares of Advanced Micro Devices, Inc. $AMD

Bryn Mawr Trust Advisors LLC boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 23.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,842 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,670 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in Advanced Micro Devices were worth $1,255,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC lifted its holdings in shares of Advanced Micro Devices by 178.2% during the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after purchasing an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after buying an additional 234 shares in the last quarter. Brown Advisory Inc. raised its position in Advanced Micro Devices by 11.6% in the 1st quarter. Brown Advisory Inc. now owns 29,082 shares of the semiconductor manufacturer’s stock worth $2,988,000 after buying an additional 3,024 shares during the last quarter. Leavell Investment Management Inc. lifted its stake in Advanced Micro Devices by 3.1% during the 1st quarter. Leavell Investment Management Inc. now owns 10,470 shares of the semiconductor manufacturer’s stock valued at $1,076,000 after acquiring an additional 311 shares during the period. Finally, Financial Gravity Asset Management Inc. purchased a new stake in shares of Advanced Micro Devices during the 1st quarter valued at about $35,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on AMD shares. Roth Capital lifted their price target on shares of Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday. Bank of America lifted their target price on shares of Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. UBS Group increased their price target on Advanced Micro Devices from $265.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday. Melius Research set a $300.00 price target on Advanced Micro Devices in a research note on Monday, October 6th. Finally, TD Cowen lifted their price objective on Advanced Micro Devices from $270.00 to $290.00 and gave the stock a “buy” rating in a report on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $263.26.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction that occurred 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 directly owned 125,505 shares of the company’s stock, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the business’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 transaction, the executive vice president directly owned 311,598 shares in the company, valued at $51,416,785.98. This trade represents a 0.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 274,118 shares of company stock worth $46,180,719 in the last three months. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Down 1.8%

Shares of Advanced Micro Devices stock opened at $233.54 on Friday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08. 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 company has a market capitalization of $379.00 billion, a P/E ratio of 134.22, a P/E/G ratio of 2.42 and a beta of 1.93. The company has a fifty day moving average of $199.34 and a 200 day moving average of $158.35.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The business had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business’s quarterly revenue was up 35.6% on a year-over-year basis. During the same period last year, the firm earned $0.92 earnings per share. Advanced Micro Devices has set its Q4 2025 guidance at EPS. On average, sell-side 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.