Advanced Micro Devices, Inc. $AMD Shares Purchased by Tritonpoint Wealth LLC

Tritonpoint Wealth LLC boosted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,857 shares of the semiconductor manufacturer’s stock after purchasing an additional 72 shares during the quarter. Tritonpoint Wealth LLC’s holdings in Advanced Micro Devices were worth $405,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after acquiring an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of 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 acquiring an additional 234 shares during the last quarter. First Hawaiian Bank increased its stake in shares of Advanced Micro Devices by 14.6% in the 1st quarter. First Hawaiian Bank now owns 4,515 shares of the semiconductor manufacturer’s stock worth $464,000 after acquiring an additional 574 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Advanced Micro Devices by 12,097.8% in the 1st quarter. GAMMA Investing LLC now owns 2,008,978 shares of the semiconductor manufacturer’s stock worth $206,402,000 after acquiring an additional 1,992,508 shares during the last quarter. Finally, Investors Research Corp increased its stake in shares of Advanced Micro Devices by 117.9% in the 1st quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer’s stock worth $31,000 after acquiring an additional 165 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $159.46 on Monday. The business has a 50-day moving average of $165.48 and a 200 day moving average of $131.71. 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 $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 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 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 firm had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. During the same quarter last year, the business earned $0.69 earnings per share. The business’s revenue 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, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Analyst Ratings Changes

AMD has been the subject of a number of recent research reports. Mizuho raised their target price on Advanced Micro Devices from $183.00 to $205.00 and gave the stock an “outperform” rating in a research note on Thursday, August 14th. The Goldman Sachs Group raised Advanced Micro Devices to a “hold” rating and set a $140.00 target price for the company in a research note on Thursday, July 10th. Raymond James Financial raised their target price on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Benchmark increased their price target on Advanced Micro Devices from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $200.00 price target on shares of Advanced Micro Devices in a report on Friday, June 13th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $180.88.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 17,200 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the completion of the transaction, the executive vice president directly owned 313,848 shares in the company, valued at $50,507,558.64. This trade represents a 5.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available 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 shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the transaction, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. This trade 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 have sold 272,448 shares of company stock valued at $44,554,848. Insiders own 0.06% of the company’s stock.

About Advanced Micro Devices

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.