Sittner & Nelson LLC Grows Stock Position in Advanced Micro Devices, Inc. $AMD

Sittner & Nelson LLC raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 20.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,390 shares of the semiconductor manufacturer’s stock after acquiring an additional 400 shares during the period. Sittner & Nelson LLC’s holdings in Advanced Micro Devices were worth $339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Advanced Micro Devices by 178.2% during the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after purchasing an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after acquiring an additional 234 shares during the period. Parcion Private Wealth LLC purchased a new position in shares of Advanced Micro Devices in the first quarter valued at $262,000. Allen Capital Group LLC bought a new stake in shares of Advanced Micro Devices during the 1st quarter valued at $293,000. Finally, Verdence Capital Advisors LLC lifted its holdings in Advanced Micro Devices by 5.0% during the 1st quarter. Verdence Capital Advisors LLC now owns 11,475 shares of the semiconductor manufacturer’s stock worth $1,179,000 after purchasing an additional 546 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

AMD opened at $247.96 on Friday. 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 stock has a market capitalization of $403.69 billion, a P/E ratio of 142.51, a PEG ratio of 2.42 and a beta of 1.93. The stock has a 50-day moving average price of $206.13 and a 200-day moving average price of $162.66. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08.

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

Wall Street Analyst Weigh In

AMD has been the subject of a number of recent analyst reports. Evercore ISI lifted their target price on Advanced Micro Devices from $270.00 to $283.00 and gave the company an “outperform” rating in a report on Wednesday. Wolfe Research set a $300.00 price objective on shares of Advanced Micro Devices and gave the company an “outperform” rating in a research report on Tuesday, October 14th. Truist Financial reaffirmed a “buy” rating and set a $279.00 target price (up previously from $273.00) on shares of Advanced Micro Devices in a report on Wednesday, November 5th. Citigroup raised their price target on shares of Advanced Micro Devices from $215.00 to $260.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $300.00 price target on shares of Advanced Micro Devices in a report on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has an average rating of “Moderate Buy” and a consensus target price of $273.49.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,868 shares of the business’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $226.01, for a total value of $648,196.68. Following the completion of the sale, the senior vice president directly owned 9,033 shares of the company’s stock, valued at $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 264,118 shares of company stock valued at $44,448,619. Insiders own 0.06% of the company’s stock.

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.