Advanced Micro Devices, Inc. $AMD Stake Raised by LRI Investments LLC

LRI Investments LLC boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 24,213 shares of the semiconductor manufacturer’s stock after purchasing an additional 121 shares during the quarter. LRI Investments LLC’s holdings in Advanced Micro Devices were worth $3,436,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wise Wealth Partners bought a new stake in Advanced Micro Devices in the second quarter worth about $343,000. Parisi Gray Wealth Management acquired a new stake in Advanced Micro Devices during the 2nd quarter worth about $343,000. Davis Investment Partners LLC acquired a new stake in Advanced Micro Devices during the 2nd quarter worth about $736,000. REAP Financial Group LLC raised its holdings in Advanced Micro Devices by 16.9% during the 2nd quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer’s stock worth $170,000 after buying an additional 173 shares during the period. Finally, Sivia Capital Partners LLC raised its holdings in Advanced Micro Devices by 125.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after buying an additional 2,970 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on AMD. Wedbush restated a “cautious” rating on shares of Advanced Micro Devices in a report on Saturday, August 9th. Raymond James Financial boosted their price objective on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Deutsche Bank Aktiengesellschaft set a $200.00 price objective on Advanced Micro Devices in a report on Wednesday, August 6th. Cantor Fitzgerald restated an “overweight” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Finally, Benchmark boosted their price objective on Advanced Micro Devices from $210.00 to $270.00 and gave the stock a “buy” rating in a report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $218.25.

Insiders Place Their Bets

In related news, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the sale, the executive vice president owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the chief executive officer directly owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 275,316 shares of company stock worth $45,203,045 in the last quarter. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Down 7.8%

NASDAQ:AMD opened at $214.76 on Friday. 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 fifty-two week low of $76.48 and a fifty-two week high of $240.10. The stock’s 50-day moving average is $170.33 and its two-hundred day moving average is $137.41. The stock has a market cap of $348.51 billion, a PE ratio of 123.42, a price-to-earnings-growth ratio of 2.53 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.06). The business had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company’s revenue was up 31.7% compared to the same quarter last year. During the same period last year, the firm earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Advanced Micro Devices 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.