1248 Management LLC Buys 6,731 Shares of Advanced Micro Devices, Inc. $AMD

1248 Management LLC lifted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 78.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,300 shares of the semiconductor manufacturer’s stock after acquiring an additional 6,731 shares during the period. Advanced Micro Devices makes up 0.6% of 1248 Management LLC’s holdings, making the stock its 26th biggest holding. 1248 Management LLC’s holdings in Advanced Micro Devices were worth $1,572,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Toronto Dominion Bank grew its position in Advanced Micro Devices by 443.3% in the 4th quarter. Toronto Dominion Bank now owns 5,467,956 shares of the semiconductor manufacturer’s stock worth $660,475,000 after purchasing an additional 4,461,609 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its stake in Advanced Micro Devices by 12.7% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 264,574 shares of the semiconductor manufacturer’s stock valued at $31,958,000 after acquiring an additional 29,825 shares during the last quarter. Valicenti Advisory Services Inc. boosted its stake in Advanced Micro Devices by 4.0% in the first quarter. Valicenti Advisory Services Inc. now owns 76,826 shares of the semiconductor manufacturer’s stock valued at $7,893,000 after acquiring an additional 2,944 shares during the last quarter. Sound Income Strategies LLC increased its holdings in Advanced Micro Devices by 17.2% during the 1st quarter. Sound Income Strategies LLC now owns 1,728 shares of the semiconductor manufacturer’s stock worth $178,000 after acquiring an additional 253 shares during the period. Finally, Brighton Jones LLC increased its holdings in Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after acquiring an additional 29,438 shares during the period. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices Stock Down 2.4%

NASDAQ:AMD opened at $155.67 on Friday. The firm has a market cap of $252.63 billion, a P/E ratio of 89.47, a P/E/G ratio of 1.88 and a beta of 1.92. 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 fifty-two week low of $76.48 and a fifty-two week high of $186.65. The firm has a 50-day simple moving average of $162.72 and a two-hundred day simple moving average of $126.75.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The firm had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AMD has been the topic of a number of analyst reports. Erste Group Bank lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Thursday. Sanford C. Bernstein increased their target price on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the company a “market perform” rating in a report on Monday, July 21st. Wedbush reissued a “cautious” rating on shares of Advanced Micro Devices in a research report on Saturday, August 9th. Melius raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $175.00 price target for the company in a research report on Monday, June 23rd. Finally, Bank of America raised their target price on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Tuesday, July 29th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $180.88.

Insider Transactions at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 225,000 shares of the firm’s 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 of the company’s stock, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Mark D. Papermaster sold 17,998 shares of the firm’s stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the transaction, the executive vice president directly owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. The trade was a 1.04% decrease in their position. The disclosure for this sale can be found here. Insiders sold 252,998 shares of company stock worth $41,415,580 over the last three months. 0.06% of the stock is currently owned by company insiders.

Advanced Micro Devices 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.