SFE Investment Counsel Increases Stock Holdings in Advanced Micro Devices, Inc. $AMD

SFE Investment Counsel increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.5% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 32,247 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,791 shares during the period. SFE Investment Counsel’s holdings in Advanced Micro Devices were worth $4,576,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Wise Wealth Partners bought a new stake in Advanced Micro Devices in the second quarter valued at about $343,000. Waterfront Wealth Inc. acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at approximately $1,145,000. Parisi Gray Wealth Management acquired a new position in Advanced Micro Devices in the second quarter worth $343,000. Cornercap Investment Counsel Inc. increased its stake in Advanced Micro Devices by 43.3% during the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock valued at $1,738,000 after purchasing an additional 3,702 shares during the last quarter. Finally, Davis Investment Partners LLC acquired a new stake in shares of Advanced Micro Devices during the second quarter worth $736,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 2,250 shares of the company’s stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the sale, the executive vice president owned 311,598 shares of the company’s stock, valued at $51,416,785.98. This represents a 0.72% decrease in their ownership of the stock. The sale was disclosed in a document filed 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 274,118 shares of company stock worth $46,180,719 in the last 90 days. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $233.54 on Friday. The firm has a market cap of $380.21 billion, a price-to-earnings ratio of 134.22, a P/E/G ratio of 2.42 and a beta of 1.93. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $267.08. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The business has a fifty day simple moving average of $199.34 and a 200 day simple moving average of $158.85.

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

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AMD. Truist Financial reiterated a “buy” rating and issued a $279.00 target price (up from $273.00) on shares of Advanced Micro Devices in a research note on Wednesday. Jefferies Financial Group set a $300.00 price objective on shares of Advanced Micro Devices and gave the company a “positive” rating in a research report on Monday, October 6th. Benchmark boosted their target price on shares of Advanced Micro Devices from $270.00 to $325.00 and gave the company a “buy” rating in a research note on Wednesday. Dbs Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 6th. Finally, Loop Capital set a $290.00 price target on Advanced Micro Devices and gave the company a “buy” rating in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $263.26.

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.