Rehmann Capital Advisory Group Purchases 1,056 Shares of Advanced Micro Devices, Inc. $AMD

Rehmann Capital Advisory Group increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 12.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,530 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,056 shares during the period. Rehmann Capital Advisory Group’s holdings in Advanced Micro Devices were worth $1,352,000 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. Dogwood Wealth Management LLC lifted its holdings in Advanced Micro Devices by 2,311.1% during the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 208 shares during the period. West Branch Capital LLC lifted its holdings in Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 214 shares during the period. High Note Wealth LLC lifted its holdings in Advanced Micro Devices by 285.5% during the 2nd quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer’s stock worth $38,000 after buying an additional 197 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA boosted its position in shares of Advanced Micro Devices by 277.8% during 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 purchasing an additional 200 shares in the last quarter. Finally, American Capital Advisory LLC boosted its position in shares of Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 130 shares in 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 $230.23 on Thursday. The company has a market cap of $373.63 billion, a PE ratio of 132.32, a price-to-earnings-growth ratio of 2.18 and a beta of 1.90. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $242.88. The business has a 50 day moving average price of $179.50 and a 200-day moving average price of $144.41. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD) last issued 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). The company had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period last year, the company earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on AMD shares. Wolfe Research set a $300.00 target price on Advanced Micro Devices and gave the company an “outperform” rating in a research report on Tuesday, October 14th. Barclays upped their target price on Advanced Micro Devices from $200.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, October 6th. Morgan Stanley upped their target price on Advanced Micro Devices from $168.00 to $246.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 7th. Mizuho increased their price target on Advanced Micro Devices from $205.00 to $275.00 and gave the stock an “outperform” rating in a report on Monday, October 13th. Finally, Citigroup boosted their price objective on Advanced Micro Devices from $180.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday, October 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $233.94.

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 16,800 shares of the stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the completion of the sale, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at approximately $384,529,181.40. This trade represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Lisa T. Su sold 225,000 shares of the 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 sale, the chief executive officer directly owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. The trade was 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 274,118 shares of company stock valued at $46,180,719. Corporate 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.