SilverOak Wealth Management LLC Buys 631 Shares of Advanced Micro Devices, Inc. $AMD

SilverOak Wealth Management LLC raised its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 16.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,403 shares of the semiconductor manufacturer’s stock after purchasing an additional 631 shares during the period. SilverOak Wealth Management LLC’s holdings in Advanced Micro Devices were worth $625,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of AMD. Vanguard Group Inc. raised its position in shares of Advanced Micro Devices by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer’s stock worth $15,654,222,000 after acquiring an additional 2,157,199 shares in the last quarter. Amundi increased its position in Advanced Micro Devices by 8.0% in the 1st quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock valued at $1,677,014,000 after buying an additional 1,319,064 shares in the last quarter. Invesco Ltd. increased its position in Advanced Micro Devices by 4.0% in the 1st quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer’s stock valued at $1,214,285,000 after buying an additional 450,695 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Advanced Micro Devices by 4.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer’s stock valued at $1,083,815,000 after buying an additional 466,048 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. boosted 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 during the last quarter. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices Trading Down 1.7%

NASDAQ:AMD opened at $234.56 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 $380.65 billion, a PE ratio of 134.80, a price-to-earnings-growth ratio of 2.38 and a beta of 1.90. The firm’s 50 day moving average is $174.75 and its 200 day moving average is $140.57. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $241.20.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last posted its quarterly 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 company had revenue of $7.69 billion during 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 revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period last year, the firm posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 2,250 shares of the business’s stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total transaction of $371,272.50. Following the sale, the executive vice president owned 311,598 shares of the company’s stock, valued at $51,416,785.98. The trade was a 0.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the sale, the chief executive officer directly owned 3,359,748 shares in the company, valued at $550,897,879.56. The trade was a 6.28% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 257,318 shares of company stock worth $42,412,815. 0.06% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

AMD has been the subject of a number of analyst reports. TD Cowen lifted their price target on Advanced Micro Devices from $165.00 to $195.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Bank of America boosted their target price on Advanced Micro Devices from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Dbs Bank upgraded Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 6th. JPMorgan Chase & Co. boosted their target price on Advanced Micro Devices from $120.00 to $180.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Finally, Benchmark boosted their target price on Advanced Micro Devices from $210.00 to $270.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $231.00.

View Our Latest Stock Analysis on AMD

About Advanced Micro Devices

(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

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

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