KPP Advisory Services LLC Purchases 333 Shares of Advanced Micro Devices, Inc. $AMD

KPP Advisory Services LLC lifted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 6.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 5,655 shares of the semiconductor manufacturer’s stock after buying an additional 333 shares during the period. KPP Advisory Services LLC’s holdings in Advanced Micro Devices were worth $802,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Farmers & Merchants Trust Co of Chambersburg PA increased its stake in shares of Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 200 shares in the last quarter. American Capital Advisory LLC increased its position in Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 130 shares in the last quarter. Kozak & Associates Inc. raised its stake in Advanced Micro Devices by 67.6% during the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock worth $29,000 after buying an additional 123 shares during the period. Dogwood Wealth Management LLC boosted its holdings in Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after acquiring an additional 208 shares in the last quarter. Finally, West Branch Capital LLC grew its stake in Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 214 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 2,250 shares of the firm’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total value of $371,272.50. Following the completion of the transaction, the executive vice president directly owned 311,598 shares of the company’s stock, valued at $51,416,785.98. This trade represents a 0.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark D. Papermaster sold 17,998 shares of the business’s stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the sale, the executive vice president owned 1,713,710 shares in the company, valued at approximately $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 sold 272,448 shares of company stock valued at $44,554,848 in the last three months. 0.06% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. DZ Bank upgraded Advanced Micro Devices from a “sell” rating to a “hold” rating and set a $165.00 target price on the stock in a report on Thursday, August 7th. Wells Fargo & Company upped their target price on shares of Advanced Micro Devices from $120.00 to $185.00 and gave the stock an “overweight” rating in a report on Wednesday, July 16th. TD Cowen boosted their price objective on Advanced Micro Devices from $165.00 to $195.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Roth Capital set a $150.00 price objective on Advanced Micro Devices and gave the stock a “buy” rating in a research note on Friday, June 13th. Finally, Melius upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $175.00 target price on the stock in a report on Monday, June 23rd. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.88.

View Our Latest Analysis on AMD

Advanced Micro Devices Trading Down 3.0%

Shares of Advanced Micro Devices stock opened at $164.67 on Monday. The stock has a fifty day moving average price of $165.94 and a 200-day moving average price of $133.80. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The firm has a market cap of $267.23 billion, a PE ratio of 94.64, a P/E/G ratio of 1.94 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $7.41 billion. During the same period in the prior year, the firm posted $0.69 EPS. The business’s revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current 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.

See Also

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

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