GSB Wealth Management LLC Increases Holdings in Advanced Micro Devices, Inc. $AMD

GSB Wealth Management LLC boosted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,579 shares of the semiconductor manufacturer’s stock after purchasing an additional 116 shares during the period. Advanced Micro Devices comprises approximately 1.2% of GSB Wealth Management LLC’s holdings, making the stock its 18th largest holding. GSB Wealth Management LLC’s holdings in Advanced Micro Devices were worth $5,049,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Sandy Cove Advisors LLC grew its holdings in shares of Advanced Micro Devices by 1.4% during the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after acquiring an additional 75 shares during the period. Seaview Investment Managers LLC grew its holdings in shares of Advanced Micro Devices by 4.3% during the 1st quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer’s stock worth $232,000 after acquiring an additional 93 shares during the period. Tompkins Financial Corp grew its holdings in shares of Advanced Micro Devices by 30.3% during the 2nd quarter. Tompkins Financial Corp now owns 417 shares of the semiconductor manufacturer’s stock worth $59,000 after acquiring an additional 97 shares during the period. Activest Wealth Management grew its holdings in shares of Advanced Micro Devices by 9.4% during the 1st quarter. Activest Wealth Management now owns 1,136 shares of the semiconductor manufacturer’s stock worth $117,000 after acquiring an additional 98 shares during the period. Finally, Bangor Savings Bank grew its holdings in shares of Advanced Micro Devices by 8.4% during the 2nd quarter. Bangor Savings Bank now owns 1,314 shares of the semiconductor manufacturer’s stock worth $186,000 after acquiring an additional 102 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

AMD has been the topic of a number of research analyst reports. TD Cowen upped their target price on Advanced Micro Devices from $165.00 to $195.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Susquehanna upped their target price on Advanced Micro Devices from $135.00 to $210.00 and gave the stock a “positive” rating in a report on Wednesday, July 30th. Benchmark upped their target price on Advanced Micro Devices from $170.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Morgan Stanley dropped their price target on Advanced Micro Devices from $185.00 to $168.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 6th. Finally, Melius Research raised Advanced Micro Devices from a “hold” rating to a “strong-buy” rating and boosted their price target for the stock from $110.00 to $175.00 in a research report on Monday, June 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average price target of $180.88.

Advanced Micro Devices Stock Performance

AMD stock opened at $159.79 on Tuesday. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65. 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 cap of $259.31 billion, a P/E ratio of 91.83, a price-to-earnings-growth ratio of 1.85 and a beta of 1.92. The stock’s fifty day moving average price is $165.29 and its 200-day moving average price is $129.96.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) 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 business had revenue of $7.69 billion during the quarter, compared to analysts’ expectations of $7.41 billion. During the same quarter in the previous year, the company posted $0.69 EPS. The company’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 analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction on 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 sale, the executive vice president owned 313,848 shares in the company, valued at approximately $50,507,558.64. This represents a 5.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction on 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 completion of the sale, the executive vice president owned 1,713,710 shares of the company’s stock, valued at $265,676,461.30. The trade was a 1.04% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 270,198 shares of company stock worth $44,183,576. 0.06% of the stock is currently owned by corporate 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.