Claret Asset Management Corp Acquires 347 Shares of Advanced Micro Devices, Inc. $AMD

Claret Asset Management Corp raised its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.9% in the second quarter, HoldingsChannel reports. The institutional investor owned 3,844 shares of the semiconductor manufacturer’s stock after acquiring an additional 347 shares during the period. Claret Asset Management Corp’s holdings in Advanced Micro Devices were worth $545,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC boosted its holdings in shares of Advanced Micro Devices by 178.2% during the 4th 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 during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Advanced Micro Devices by 2.9% in the fourth 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. SPC Financial Inc. lifted its position in shares of Advanced Micro Devices by 25.8% in the first quarter. SPC Financial Inc. now owns 4,524 shares of the semiconductor manufacturer’s stock worth $465,000 after buying an additional 929 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Advanced Micro Devices by 4.3% during the first quarter. PNC Financial Services Group Inc. now owns 330,842 shares of the semiconductor manufacturer’s stock valued at $33,991,000 after buying an additional 13,530 shares during the last quarter. Finally, J. Safra Sarasin Holding AG grew its holdings in Advanced Micro Devices by 93.9% during the 1st quarter. J. Safra Sarasin Holding AG now owns 6,743 shares of the semiconductor manufacturer’s stock valued at $694,000 after buying an additional 3,265 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the completion of the transaction, the executive vice president owned 300,348 shares in the company, valued at $68,890,820.76. The trade was a 6.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Mark D. Papermaster sold 17,108 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $240.12, for a total value of $4,107,972.96. Following the completion of the sale, the executive vice president owned 1,714,505 shares in the company, valued at approximately $411,686,940.60. The trade was a 0.99% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 75,676 shares of company stock valued at $16,124,589. Insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on AMD shares. Roth Capital reaffirmed a “buy” rating and set a $300.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Cantor Fitzgerald restated an “overweight” rating and issued a $350.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Melius Research set a $380.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. JPMorgan Chase & Co. lifted their price objective on shares of Advanced Micro Devices from $180.00 to $270.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft set a $235.00 target price on shares of Advanced Micro Devices and gave the company a “hold” rating in a research report on Tuesday, October 14th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $278.54.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $217.49 on Monday. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The firm has a 50-day moving average price of $219.93 and a 200-day moving average price of $172.63. The firm has a market capitalization of $354.08 billion, a PE ratio of 124.99, a price-to-earnings-growth ratio of 2.42 and a beta of 1.93.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The company had revenue of $9.25 billion for the quarter, compared to analyst estimates of $8.76 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices 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.