Independent Wealth Network Inc. Grows Stake in Advanced Micro Devices, Inc. $AMD

Independent Wealth Network Inc. grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 12.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,741 shares of the semiconductor manufacturer’s stock after buying an additional 313 shares during the quarter. Independent Wealth Network Inc.’s holdings in Advanced Micro Devices were worth $389,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of AMD. Vanguard Group Inc. lifted its stake in shares of Advanced Micro Devices by 1.4% in 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 purchasing an additional 2,157,199 shares during the period. Amundi lifted its stake in shares of Advanced Micro Devices by 8.0% in the 1st quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock valued at $1,677,014,000 after purchasing an additional 1,319,064 shares during the period. Invesco Ltd. lifted its stake in shares of Advanced Micro Devices by 4.0% in the 1st quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer’s stock valued at $1,214,285,000 after purchasing an additional 450,695 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Advanced Micro Devices by 4.6% in 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 purchasing an additional 466,048 shares during the period. Finally, T. Rowe Price Investment Management Inc. lifted its stake in shares of Advanced Micro Devices by 131.5% in 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 purchasing an additional 5,915,185 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

AMD has been the subject of a number of analyst reports. UBS Group raised their price objective on Advanced Micro Devices from $150.00 to $210.00 and gave the company a “buy” rating in a research report on Monday, July 28th. JPMorgan Chase & Co. raised their price objective on Advanced Micro Devices from $120.00 to $180.00 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Bank of America raised their price objective on Advanced Micro Devices from $175.00 to $200.00 and gave the company a “buy” rating in a research report on Tuesday, July 29th. Jefferies Financial Group raised their price objective on Advanced Micro Devices from $100.00 to $160.00 in a research report on Wednesday, July 16th. Finally, Truist Financial raised Advanced Micro Devices from a “hold” rating to a “buy” rating and raised their price objective for the company from $173.00 to $213.00 in a research report on Tuesday, August 26th. 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average price target of $180.88.

Advanced Micro Devices Stock Down 1.1%

Advanced Micro Devices stock opened at $159.46 on Friday. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65. The firm has a market cap of $258.78 billion, a price-to-earnings ratio of 91.64, a PEG ratio of 1.90 and a beta of 1.92. The stock has a fifty day simple moving average of $165.48 and a two-hundred day simple moving average of $131.27.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS 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 firm earned $0.69 EPS. The business’s revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction on 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the transaction, the executive vice president owned 1,713,710 shares in the company, valued at $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 272,448 shares of company stock valued at $44,554,848 over the last three months. 0.06% of the stock is currently owned by company insiders.

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.