Orrstown Financial Services Inc. Boosts Holdings in Advanced Micro Devices, Inc. $AMD

Orrstown Financial Services Inc. boosted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 35.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,050 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,101 shares during the period. Orrstown Financial Services Inc.’s holdings in Advanced Micro Devices were worth $1,142,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Sandy Cove Advisors LLC grew its stake 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 valued at $776,000 after purchasing an additional 75 shares in the last quarter. Seaview Investment Managers LLC grew its holdings in Advanced Micro Devices by 4.3% during the 1st quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer’s stock worth $232,000 after acquiring an additional 93 shares in the last quarter. Tompkins Financial Corp grew its stake in Advanced Micro Devices by 30.3% in the second quarter. Tompkins Financial Corp now owns 417 shares of the semiconductor manufacturer’s stock worth $59,000 after purchasing an additional 97 shares in the last quarter. Activest Wealth Management increased its holdings in Advanced Micro Devices by 9.4% in the first quarter. Activest Wealth Management now owns 1,136 shares of the semiconductor manufacturer’s stock valued at $117,000 after buying an additional 98 shares during the last quarter. Finally, Bangor Savings Bank raised its stake in Advanced Micro Devices by 8.4% during the second quarter. Bangor Savings Bank now owns 1,314 shares of the semiconductor manufacturer’s stock valued at $186,000 after buying an additional 102 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Mark D. Papermaster sold 17,998 shares of the business’s stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the transaction, the executive vice president directly owned 1,713,710 shares in the company, valued at $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 270,198 shares of company stock worth $44,183,576 in the last quarter. 0.06% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on AMD shares. UBS Group lifted their price objective on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, July 28th. Mizuho increased their price objective on shares of Advanced Micro Devices from $183.00 to $205.00 and gave the stock an “outperform” rating in a research note on Thursday, August 14th. TD Cowen upped their target price on Advanced Micro Devices from $165.00 to $195.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Hsbc Global Res upgraded Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $200.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.88.

Advanced Micro Devices Trading Down 0.3%

Advanced Micro Devices stock opened at $157.39 on Friday. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65. The stock has a market capitalization of $255.42 billion, a PE ratio of 90.45, a price-to-earnings-growth ratio of 1.85 and a beta of 1.92. The firm has a 50 day simple moving average of $165.02 and a 200-day simple moving average of $129.33. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same period in the previous year, the business posted $0.69 earnings per share. The business’s revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS 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.