Whipplewood Advisors LLC Grows Position in Advanced Micro Devices, Inc. $AMD

Whipplewood Advisors LLC raised its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 20.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,438 shares of the semiconductor manufacturer’s stock after acquiring an additional 409 shares during the period. Whipplewood Advisors LLC’s holdings in Advanced Micro Devices were worth $346,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC purchased a new position in Advanced Micro Devices in the 2nd quarter worth about $958,422,000. Goldman Sachs Group Inc. lifted its holdings in shares of Advanced Micro Devices by 169.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock valued at $1,012,538,000 after purchasing an additional 6,200,850 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in Advanced Micro Devices by 131.5% during the 1st 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 in the last quarter. Nuveen LLC purchased a new stake in Advanced Micro Devices during the 1st quarter valued at about $436,746,000. Finally, Parnassus Investments LLC boosted its holdings in shares of Advanced Micro Devices by 47,883.5% in the 1st quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock valued at $425,592,000 after acquiring an additional 4,133,785 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling

In related news, EVP Mark D. Papermaster sold 16,800 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the transaction, the executive vice president 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 Securities & Exchange Commission, which is available through the SEC website. 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 transaction, the chief executive officer owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 274,118 shares of company stock valued at $46,180,719 in the last three months. Insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Raymond James Financial lifted their target price on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Wedbush boosted their target price on Advanced Micro Devices from $190.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday, October 15th. Melius Research set a $300.00 price objective on Advanced Micro Devices in a research report on Monday, October 6th. Bank of America increased their price objective on Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Finally, The Goldman Sachs Group upped their price target on Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “neutral” rating in a report on Wednesday, October 8th. Three equities research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $233.94.

Advanced Micro Devices Trading Up 7.6%

Shares of AMD opened at $252.92 on Friday. The company has a market capitalization of $410.45 billion, a P/E ratio of 145.36, a P/E/G ratio of 2.31 and a beta of 1.90. The stock has a 50-day moving average price of $182.09 and a 200 day moving average price of $147.13. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $253.39.

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

Advanced Micro Devices Company 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.