Madrona Financial Services LLC Buys 1,045 Shares of Advanced Micro Devices, Inc. $AMD

Madrona Financial Services LLC grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 42.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,535 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,045 shares during the quarter. Madrona Financial Services LLC’s holdings in Advanced Micro Devices were worth $502,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AMD. Kingstone Capital Partners Texas LLC acquired a new stake in Advanced Micro Devices in the second quarter worth $958,422,000. Goldman Sachs Group Inc. raised its stake in Advanced Micro Devices by 169.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock worth $1,012,538,000 after buying an additional 6,200,850 shares during the period. T. Rowe Price Investment Management Inc. lifted its holdings in Advanced Micro Devices by 131.5% during the first quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock worth $1,069,846,000 after acquiring an additional 5,915,185 shares in the last quarter. Nuveen LLC acquired a new position in Advanced Micro Devices in the first quarter valued at about $436,746,000. Finally, Parnassus Investments LLC increased its holdings in shares of Advanced Micro Devices by 47,883.5% in the first quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock worth $425,592,000 after acquiring an additional 4,133,785 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Forrest Eugene Norrod sold 17,200 shares of the business’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the transaction, the executive vice president directly owned 313,848 shares in the company, valued at approximately $50,507,558.64. The trade was a 5.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the transaction, the chief executive officer directly owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Insiders sold 272,448 shares of company stock worth $44,554,848 over the last 90 days. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Up 1.4%

Advanced Micro Devices stock opened at $164.01 on Thursday. 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 1-year low of $76.48 and a 1-year high of $186.65. The company has a fifty day simple moving average of $165.82 and a 200 day simple moving average of $132.56. The company has a market cap of $266.16 billion, a P/E ratio of 94.26, a price-to-earnings-growth ratio of 1.91 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company’s quarterly revenue was up 31.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Erste Group Bank cut Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Thursday, September 11th. Stifel Nicolaus lifted their price target on shares of Advanced Micro Devices from $161.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Melius Research raised shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating and increased their price objective for the stock from $110.00 to $175.00 in a research report on Monday, June 23rd. Truist Financial upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and raised their price objective for the stock from $173.00 to $213.00 in a report on Tuesday, August 26th. Finally, Deutsche Bank Aktiengesellschaft set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average price target of $180.88.

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.