Evergreen Private Wealth LLC Has $66,000 Stock Position in Advanced Micro Devices, Inc. $AMD

Evergreen Private Wealth LLC lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 44.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 462 shares of the semiconductor manufacturer’s stock after buying an additional 143 shares during the quarter. Evergreen Private Wealth LLC’s holdings in Advanced Micro Devices were worth $66,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its position in Advanced Micro Devices by 178.2% during the fourth 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. 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 acquiring an additional 234 shares during the period. Park Square Financial Group LLC bought a new position in Advanced Micro Devices during the fourth quarter worth $52,000. 111 Capital bought a new position in Advanced Micro Devices during the fourth quarter worth $808,000. Finally, Mascagni Wealth Management Inc. bought a new position in Advanced Micro Devices during the fourth quarter worth $50,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Trading Up 0.2%

Shares of AMD stock opened at $161.27 on Friday. The firm has a fifty day moving average of $165.43 and a 200-day moving average of $130.84. 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 52-week low of $76.48 and a 52-week high of $186.65. The stock has a market cap of $261.72 billion, a price-to-earnings ratio of 92.68, a P/E/G ratio of 1.90 and a beta of 1.92.

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

Insider Activity

In other news, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the company’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the sale, the executive vice president directly owned 125,505 shares in the company, 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 sold a total of 270,198 shares of company stock worth $44,183,576 in the last quarter. 0.06% of the stock is owned by company insiders.

Analysts Set New Price Targets

AMD has been the topic of a number of research reports. Piper Sandler boosted their target price on shares of Advanced Micro Devices from $140.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. Melius Research raised shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating and boosted their target price for the stock from $110.00 to $175.00 in a research report on Monday, June 23rd. Mizuho boosted their target price on shares of Advanced Micro Devices from $183.00 to $205.00 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. Erste Group Bank lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Thursday, September 11th. Finally, DZ Bank upgraded shares of Advanced Micro Devices from a “sell” rating to a “hold” rating and set a $165.00 price objective for the company in a research note on Thursday, August 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices currently has an average rating of “Moderate Buy” and a consensus target price of $180.88.

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.