Kingstone Capital Partners Texas LLC Takes $958.42 Million Position in Advanced Micro Devices, Inc. $AMD

Kingstone Capital Partners Texas LLC purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 6,870,480 shares of the semiconductor manufacturer’s stock, valued at approximately $958,422,000. Kingstone Capital Partners Texas LLC owned 0.42% of Advanced Micro Devices at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its stake in Advanced Micro Devices by 178.2% in the 4th 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 in the last quarter. Revolve Wealth Partners LLC increased its position in Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after buying an additional 234 shares in the last quarter. Bank Pictet & Cie Europe AG increased its position in Advanced Micro Devices by 12.7% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 264,574 shares of the semiconductor manufacturer’s stock worth $31,958,000 after buying an additional 29,825 shares in the last quarter. Waverly Advisors LLC boosted its holdings in shares of Advanced Micro Devices by 238.3% during the fourth quarter. Waverly Advisors LLC now owns 30,274 shares of the semiconductor manufacturer’s stock worth $3,657,000 after purchasing an additional 21,325 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC boosted its holdings in shares of Advanced Micro Devices by 21.1% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 12,536 shares of the semiconductor manufacturer’s stock worth $1,514,000 after purchasing an additional 2,182 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on AMD shares. Jefferies Financial Group raised their price objective on Advanced Micro Devices from $100.00 to $160.00 in a report on Wednesday, July 16th. Evercore ISI lifted their target price on Advanced Micro Devices from $144.00 to $188.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Mizuho lifted their target price on Advanced Micro Devices from $183.00 to $205.00 and gave the company an “outperform” rating in a report on Thursday, August 14th. The Goldman Sachs Group upgraded Advanced Micro Devices to a “hold” rating and set a $140.00 target price on the stock in a report on Thursday, July 10th. Finally, Wedbush reiterated a “cautious” rating on shares of Advanced Micro Devices in a research note on Saturday, August 9th. Three 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 given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $180.88.

Insider Transactions at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the completion of the sale, the chief executive officer directly owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. The trade was a 6.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the transaction, the executive vice president directly owned 313,848 shares of the company’s stock, valued at $50,507,558.64. This trade represents a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 270,198 shares of company stock valued at $44,183,576 in the last three months. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Down 0.8%

Shares of Advanced Micro Devices stock opened at $157.92 on Friday. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The firm has a market cap of $256.28 billion, a P/E ratio of 90.76, a P/E/G ratio of 1.88 and a beta of 1.92. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $186.65. The business has a 50-day moving average price of $164.80 and a 200 day moving average price of $128.75.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.06). The firm had revenue of $7.69 billion during 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 quarterly revenue was up 31.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.69 earnings per share. 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 earnings per share for the current fiscal year.

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.