Gables Capital Management Inc. Has $242,000 Stock Position in Advanced Micro Devices, Inc. $AMD

Gables Capital Management Inc. lowered its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 20.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,705 shares of the semiconductor manufacturer’s stock after selling 425 shares during the quarter. Gables Capital Management Inc.’s holdings in Advanced Micro Devices were worth $242,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Tritonpoint Wealth LLC grew its holdings in Advanced Micro Devices by 2.6% in the 2nd quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock valued at $405,000 after buying an additional 72 shares during the last quarter. Scott & Selber Inc. grew its holdings 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 buying an additional 73 shares during the last quarter. Sandy Cove Advisors LLC grew its holdings in Advanced Micro Devices by 1.4% in the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock valued at $776,000 after buying an additional 75 shares during the last quarter. Uhlmann Price Securities LLC grew its holdings in Advanced Micro Devices by 3.4% in the 2nd quarter. Uhlmann Price Securities LLC now owns 2,529 shares of the semiconductor manufacturer’s stock valued at $359,000 after buying an additional 82 shares during the last quarter. Finally, Pine Haven Investment Counsel Inc grew its holdings in Advanced Micro Devices by 3.3% in the 2nd quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock valued at $381,000 after buying an additional 85 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $238.03 on Wednesday. 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 company has a market capitalization of $386.29 billion, a PE ratio of 136.80, a price-to-earnings-growth ratio of 2.20 and a beta of 1.90. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $242.88. The business has a 50 day simple moving average of $178.59 and a 200 day simple moving average of $143.81.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). The company had revenue of $7.69 billion for 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%.Advanced Micro Devices’s quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 17,200 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the completion of the transaction, the executive vice president owned 313,848 shares in the company, valued at $50,507,558.64. This trade represents a 5.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the transaction, the executive vice president owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 274,118 shares of company stock worth $46,180,719 over the last three months. 0.06% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on AMD. Truist Financial reaffirmed a “buy” rating and issued a $273.00 target price (up previously from $213.00) on shares of Advanced Micro Devices in a report on Tuesday, October 7th. Barclays lifted their price objective on Advanced Micro Devices from $200.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, October 6th. Cantor Fitzgerald reissued an “overweight” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 6th. DZ Bank raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price objective on the stock in a report on Wednesday, October 8th. Finally, Susquehanna lifted their price objective on Advanced Micro Devices from $135.00 to $210.00 and gave the stock a “positive” rating in a report on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $233.94.

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.