Madrona Financial Services LLC Acquires 1,045 Shares of Advanced Micro Devices, Inc. $AMD

Madrona Financial Services LLC increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 42.0% during the second quarter, Holdings Channel reports. The fund owned 3,535 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,045 shares during the quarter. Madrona Financial Services LLC’s holdings in Advanced Micro Devices were worth $502,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in shares of Advanced Micro Devices by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer’s stock worth $15,654,222,000 after buying an additional 2,157,199 shares during the period. Amundi lifted its position in Advanced Micro Devices by 8.0% during the first quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock worth $1,677,014,000 after acquiring an additional 1,319,064 shares during the last quarter. Invesco Ltd. lifted its position in Advanced Micro Devices by 4.0% during the first quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer’s stock worth $1,214,285,000 after acquiring an additional 450,695 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Advanced Micro Devices by 4.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer’s stock worth $1,083,815,000 after acquiring an additional 466,048 shares during the period. Finally, T. Rowe Price Investment Management Inc. grew its position in shares of Advanced Micro Devices by 131.5% in the first quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock valued at $1,069,846,000 after purchasing an additional 5,915,185 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on AMD shares. Roth Capital set a $150.00 price target on Advanced Micro Devices and gave the company a “buy” rating in a research note on Friday, June 13th. Barclays boosted their target price on shares of Advanced Micro Devices from $130.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, August 6th. JPMorgan Chase & Co. raised their price target on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 6th. Bank of America lifted their price objective on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Finally, Morgan Stanley decreased their target price on shares of Advanced Micro Devices from $185.00 to $168.00 and set an “equal weight” rating on the stock 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 assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $180.88.

Advanced Micro Devices Stock Up 1.4%

Shares of NASDAQ AMD opened at $164.01 on Thursday. The company has a market cap of $266.16 billion, a price-to-earnings ratio of 94.26, a PEG ratio of 1.91 and a beta of 1.90. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65. The stock has a 50-day moving average price of $165.82 and a two-hundred day moving average price of $132.56.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data 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 return on equity of 7.54% and a net margin of 9.57%.The company had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same quarter in the prior year, the company earned $0.69 earnings per share. Advanced Micro Devices’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, analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the company’s stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the completion of the transaction, the executive vice president owned 1,713,710 shares of the company’s stock, valued at $265,676,461.30. This represents a 1.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the business’s stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total value of $371,272.50. Following the sale, the executive vice president owned 311,598 shares in the company, valued at approximately $51,416,785.98. This trade represents a 0.72% 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 worth $44,554,848. 0.06% of the stock is currently owned by insiders.

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.