CreativeOne Wealth LLC Purchases 2,016 Shares of Advanced Micro Devices, Inc. $AMD

CreativeOne Wealth LLC raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 9.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 22,395 shares of the semiconductor manufacturer’s stock after buying an additional 2,016 shares during the period. CreativeOne Wealth LLC’s holdings in Advanced Micro Devices were worth $3,178,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AMD. Pinney & Scofield Inc. increased its stake in Advanced Micro Devices by 81.0% in the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 85 shares during the last quarter. Dogwood Wealth Management LLC increased its position in shares of Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after acquiring an additional 208 shares during the last quarter. Avion Wealth raised its holdings in Advanced Micro Devices by 49.3% during the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after acquiring an additional 72 shares in the last quarter. West Branch Capital LLC boosted its position in Advanced Micro Devices by 3,057.1% during the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 214 shares during the last quarter. Finally, High Note Wealth LLC grew its stake in Advanced Micro Devices by 285.5% in the second quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer’s stock valued at $38,000 after purchasing an additional 197 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,108 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the transaction, the executive vice president owned 1,714,505 shares in the company, valued at $411,686,940.60. This trade represents a 0.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of the business’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $226.01, for a total transaction 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 approximately $2,041,548.33. The trade was a 24.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 75,676 shares of company stock valued at $16,124,589 in the last ninety days. 0.06% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AMD. Sanford C. Bernstein reiterated a “market perform” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Truist Financial reaffirmed a “buy” rating and set a $279.00 price target (up from $273.00) on shares of Advanced Micro Devices in a research report on Wednesday, November 5th. Bank of America reissued a “buy” rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Morgan Stanley restated an “equal weight” rating and set a $260.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Finally, Wells Fargo & Company raised their target price on shares of Advanced Micro Devices from $300.00 to $345.00 and gave the company an “overweight” rating in a research note on Wednesday, November 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus price target of $278.54.

Get Our Latest Report on Advanced Micro Devices

Advanced Micro Devices Stock Up 5.5%

Shares of AMD opened at $215.05 on Tuesday. The firm has a market cap of $350.11 billion, a P/E ratio of 123.59, a price-to-earnings-growth ratio of 2.42 and a beta of 1.93. 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 52 week low of $76.48 and a 52 week high of $267.08. The firm’s 50-day simple moving average is $215.59 and its 200 day simple moving average is $169.74.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) 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 analysts’ expectations 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.92 earnings per share. Advanced Micro Devices has set its Q4 2025 guidance at EPS. On average, analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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