Advanced Micro Devices, Inc. $AMD Shares Bought by Clear Harbor Asset Management LLC

Clear Harbor Asset Management LLC grew its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 16.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 9,030 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,296 shares during the quarter. Clear Harbor Asset Management LLC’s holdings in Advanced Micro Devices were worth $1,281,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Farmers & Merchants Trust Co of Chambersburg PA grew its holdings in shares of Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 200 shares during the last quarter. American Capital Advisory LLC grew its holdings in shares of Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 130 shares during the last quarter. Kozak & Associates Inc. grew its holdings in shares of Advanced Micro Devices by 67.6% in the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock worth $29,000 after acquiring an additional 123 shares during the last quarter. Investors Research Corp grew its holdings in shares of Advanced Micro Devices by 117.9% in the 1st quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer’s stock worth $31,000 after acquiring an additional 165 shares during the last quarter. Finally, Bear Mountain Capital Inc. grew its holdings in shares of Advanced Micro Devices by 75.0% in the 1st quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer’s stock worth $34,000 after acquiring an additional 150 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $159.79 on Tuesday. 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 of $165.29 and a two-hundred day moving average of $129.96. The stock has a market capitalization of $259.31 billion, a P/E ratio of 91.83, a P/E/G ratio of 1.85 and a beta of 1.92. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results 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). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same period in the prior year, the firm earned $0.69 EPS. Advanced Micro Devices’s quarterly revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AMD. Wedbush restated a “cautious” rating on shares of Advanced Micro Devices in a report on Saturday, August 9th. Truist Financial raised Advanced Micro Devices from a “hold” rating to a “buy” rating and raised their target price for the stock from $173.00 to $213.00 in a research report on Tuesday, August 26th. Morgan Stanley decreased their target price on Advanced Micro Devices from $185.00 to $168.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 6th. Piper Sandler raised their target price on Advanced Micro Devices from $140.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. Finally, Citigroup raised their target price on Advanced Micro Devices from $145.00 to $165.00 and gave the stock a “neutral” rating in a research report on Friday, July 18th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $180.88.

Insiders Place Their Bets

In other news, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of Advanced Micro Devices stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total value 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. The trade was a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 270,198 shares of company stock valued at $44,183,576. Company insiders own 0.06% of the company’s stock.

About Advanced Micro Devices

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.