Advanced Micro Devices, Inc. $AMD Shares Purchased by Meitav Investment House Ltd.

Meitav Investment House Ltd. increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 67.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 68,828 shares of the semiconductor manufacturer’s stock after acquiring an additional 27,774 shares during the period. Meitav Investment House Ltd.’s holdings in Advanced Micro Devices were worth $9,767,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Farmers & Merchants Trust Co of Chambersburg PA boosted its position in shares of Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 200 shares in the last quarter. American Capital Advisory LLC boosted its stake in shares of Advanced Micro Devices by 90.3% during the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 130 shares during the period. Kozak & Associates Inc. increased its holdings in shares of Advanced Micro Devices by 67.6% in the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock valued at $29,000 after purchasing an additional 123 shares during the period. Dogwood Wealth Management LLC raised its stake in shares of Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 208 shares during the last quarter. Finally, West Branch Capital LLC raised its stake in shares of Advanced Micro Devices by 3,057.1% during the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock worth $31,000 after purchasing an additional 214 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. increased their price target on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the company a “neutral” rating in a report on Wednesday, August 6th. UBS Group raised their price target on Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, July 28th. Evercore ISI lifted their price objective on Advanced Micro Devices from $144.00 to $188.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Stifel Nicolaus set a $240.00 price objective on Advanced Micro Devices in a research report on Monday. Finally, Melius Research set a $300.00 price target on Advanced Micro Devices in a research report on Monday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $198.30.

Advanced Micro Devices Stock Up 23.7%

NASDAQ:AMD opened at $203.71 on Tuesday. The firm has a market capitalization of $330.59 billion, a PE ratio of 117.07, a price-to-earnings-growth ratio of 1.94 and a beta of 1.90. The stock has a 50 day moving average of $166.54 and a 200-day moving average of $134.48. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $226.71. 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 (NASDAQ:AMD) last posted its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). The company had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period last year, the company posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value 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 $550,897,879.56. This represents a 6.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the transaction, the executive vice president directly owned 125,505 shares of the company’s stock, 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 sold 272,448 shares of company stock valued at $44,554,848. 0.06% of the stock is owned by corporate 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.