Advanced Micro Devices, Inc. $AMD Shares Bought by Scott & Selber Inc.

Scott & Selber Inc. grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 0.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,465 shares of the semiconductor manufacturer’s stock after purchasing an additional 73 shares during the period. Scott & Selber Inc.’s holdings in Advanced Micro Devices were worth $1,485,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Tritonpoint Wealth LLC lifted its stake in shares of Advanced Micro Devices by 2.6% in 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. Sandy Cove Advisors LLC raised its holdings in Advanced Micro Devices by 1.4% during 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. Pine Haven Investment Counsel Inc lifted its position in Advanced Micro Devices by 3.3% in the second quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock valued at $381,000 after purchasing an additional 85 shares during the period. Seaview Investment Managers LLC boosted its holdings in Advanced Micro Devices by 4.3% in the 1st quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer’s stock valued at $232,000 after purchasing an additional 93 shares in the last quarter. Finally, Tompkins Financial Corp increased its position in Advanced Micro Devices by 30.3% during the 2nd quarter. Tompkins Financial Corp now owns 417 shares of the semiconductor manufacturer’s stock worth $59,000 after purchasing an additional 97 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Activity

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of the company’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the transaction, the executive vice president directly owned 313,848 shares in the company, valued at approximately $50,507,558.64. This represents a 5.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Lisa T. Su sold 225,000 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the sale, the chief executive officer directly owned 3,359,748 shares in the company, valued at $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 272,448 shares of company stock worth $44,554,848. Company insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AMD. Citigroup lifted their price target on Advanced Micro Devices from $145.00 to $165.00 and gave the company a “neutral” rating in a research note on Friday, July 18th. Raymond James Financial upped their price target on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Truist Financial upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and raised their price objective for the company from $173.00 to $213.00 in a research note on Tuesday, August 26th. Roth Capital set a $150.00 price objective on shares of Advanced Micro Devices and gave the stock a “buy” rating in a report on Friday, June 13th. Finally, UBS Group upped their target price on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, July 28th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average price target of $180.88.

Get Our Latest Stock Analysis on AMD

Advanced Micro Devices Trading Down 1.1%

Shares of AMD opened at $159.46 on Monday. 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, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65. The stock has a market cap of $258.78 billion, a price-to-earnings ratio of 91.64, a price-to-earnings-growth ratio of 1.88 and a beta of 1.92. The firm has a 50 day simple moving average of $165.48 and a 200-day simple moving average of $131.71.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 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 company had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same quarter last year, the company posted $0.69 EPS. 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. Equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Advanced Micro Devices 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.

Further Reading

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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