Walkner Condon Financial Advisors LLC Invests $306,000 in Advanced Micro Devices, Inc. $AMD

Walkner Condon Financial Advisors LLC bought a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the second quarter, HoldingsChannel reports. The firm bought 2,153 shares of the semiconductor manufacturer’s stock, valued at approximately $306,000.

Several other hedge funds have also bought and sold shares of the business. Cornerstone Advisory LLC lifted its stake in shares of Advanced Micro Devices by 1.4% in the second quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer’s stock valued at $606,000 after buying an additional 57 shares in the last quarter. Tritonpoint Wealth LLC raised its holdings in shares of Advanced Micro Devices by 2.6% in the 2nd quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after acquiring an additional 72 shares during the last quarter. Avion Wealth lifted its position in Advanced Micro Devices by 49.3% in the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after acquiring an additional 72 shares in the last quarter. Scott & Selber Inc. lifted its position in Advanced Micro Devices by 0.7% in the 2nd quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock valued at $1,485,000 after acquiring an additional 73 shares in the last quarter. Finally, Sandy Cove Advisors LLC boosted its stake in Advanced Micro Devices by 1.4% during the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock valued at $776,000 after purchasing an additional 75 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. UBS Group increased their price objective on Advanced Micro Devices from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday. Susquehanna reiterated a “positive” rating and set a $300.00 price target on shares of Advanced Micro Devices in a report on Friday, October 31st. Benchmark increased their price target on Advanced Micro Devices from $270.00 to $325.00 and gave the company a “buy” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft set a $235.00 price objective on shares of Advanced Micro Devices and gave the stock a “hold” rating in a report on Tuesday, October 14th. Finally, Piper Sandler upped their target price on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the stock an “overweight” rating in a research note on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $263.26.

Advanced Micro Devices Trading Down 1.8%

NASDAQ AMD opened at $233.54 on Friday. The business’s fifty day moving average is $199.34 and its 200-day moving average is $158.35. 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 stock has a market capitalization of $379.00 billion, a price-to-earnings ratio of 134.22, a PEG ratio of 2.42 and a beta of 1.93. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.03. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $9.25 billion during the quarter, compared to analyst estimates of $8.76 billion. During the same quarter in the prior year, the business earned $0.92 earnings per share. The firm’s revenue for the quarter was up 35.6% on a year-over-year basis. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Activity

In related news, EVP Mark D. Papermaster sold 16,800 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total value of $3,767,904.00. Following the transaction, the executive vice president owned 1,714,505 shares in the company, valued at approximately $384,529,181.40. This represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction 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 directly owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 274,118 shares of company stock worth $46,180,719. 0.06% of the stock is 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.