Hixon Zuercher LLC Buys 481 Shares of Advanced Micro Devices, Inc. $AMD

Hixon Zuercher LLC raised its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,122 shares of the semiconductor manufacturer’s stock after buying an additional 481 shares during the quarter. Hixon Zuercher LLC’s holdings in Advanced Micro Devices were worth $3,423,000 at the end of the most recent reporting period.

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

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $252.92 on Friday. The company has a 50-day simple moving average of $182.09 and a two-hundred day simple moving average of $147.13. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $253.39. The firm has a market cap of $410.45 billion, a price-to-earnings ratio of 145.36, a PEG ratio of 2.31 and a beta of 1.90. 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 released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share 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 company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same period last year, the firm posted $0.69 EPS. The company’s revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Raymond James Financial upped 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. HSBC boosted their price objective on Advanced Micro Devices from $185.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Sanford C. Bernstein raised their target price on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the company a “market perform” rating in a research note on Monday, July 21st. Erste Group Bank cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Thursday, September 11th. Finally, Seaport Res Ptn cut shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 4th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $233.94.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 17,200 shares of Advanced Micro Devices stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the transaction, the executive vice president directly owned 313,848 shares of the company’s stock, valued at $50,507,558.64. The trade was a 5.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the company’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the sale, the executive vice president owned 125,505 shares of the company’s stock, valued at $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 274,118 shares of company stock valued at $46,180,719. 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.