Strategic Investment Solutions Inc. IL Purchases 5,112 Shares of Advanced Micro Devices, Inc. $AMD

Strategic Investment Solutions Inc. IL raised its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 1,681.6% in the second quarter, HoldingsChannel reports. The firm owned 5,416 shares of the semiconductor manufacturer’s stock after buying an additional 5,112 shares during the quarter. Strategic Investment Solutions Inc. IL’s holdings in Advanced Micro Devices were worth $769,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Advanced Micro Devices by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer’s stock valued at $15,654,222,000 after buying an additional 2,157,199 shares in the last quarter. Amundi lifted its position in shares of Advanced Micro Devices by 8.0% during the 1st quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock valued at $1,677,014,000 after buying an additional 1,319,064 shares in the last quarter. Invesco Ltd. lifted its position in shares of Advanced Micro Devices by 4.0% during the 1st quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer’s stock valued at $1,214,285,000 after buying an additional 450,695 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Advanced Micro Devices by 4.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer’s stock valued at $1,083,815,000 after buying an additional 466,048 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its position in shares of Advanced Micro Devices by 131.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock valued at $1,069,846,000 after buying an additional 5,915,185 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on AMD. HSBC lowered their price target on Advanced Micro Devices from $200.00 to $185.00 and set a “buy” rating on the stock in a report on Tuesday, September 9th. Sanford C. Bernstein boosted their price target on Advanced Micro Devices from $95.00 to $140.00 and gave the stock a “market perform” rating in a report on Monday, July 21st. Barclays boosted their price target on Advanced Micro Devices from $130.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, August 6th. The Goldman Sachs Group raised Advanced Micro Devices to a “hold” rating and set a $140.00 price target on the stock in a report on Thursday, July 10th. Finally, Roth Capital set a $150.00 price target on Advanced Micro Devices and gave the stock a “buy” rating in a report on Friday, June 13th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus price target of $180.88.

Read Our Latest Stock Analysis on AMD

Advanced Micro Devices Stock Up 0.2%

Shares of AMD opened at $161.27 on Friday. The stock has a market capitalization of $261.72 billion, a price-to-earnings ratio of 92.68, a price-to-earnings-growth ratio of 1.90 and a beta of 1.92. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65. The business’s 50 day simple moving average is $165.43 and its 200-day simple moving average is $130.84. 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:AMDGet Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.06). The firm had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm’s revenue was up 31.7% on a year-over-year basis. During the same period last year, the company earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction dated 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 sale, the executive vice president directly owned 313,848 shares of the company’s stock, valued at $50,507,558.64. This represents a 5.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the 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 $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 270,198 shares of company stock worth $44,183,576. 0.06% of the stock is currently owned by corporate insiders.

About Advanced Micro Devices

(Free Report)

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.

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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