Tranquility Partners LLC Acquires New Position in Advanced Micro Devices, Inc. $AMD

Tranquility Partners LLC acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the second quarter, HoldingsChannel reports. The institutional investor acquired 1,593 shares of the semiconductor manufacturer’s stock, valued at approximately $226,000.

Other hedge funds also recently made changes to their positions in the company. Dogwood Wealth Management LLC grew its stake in shares of Advanced Micro Devices by 2,311.1% during the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after acquiring an additional 208 shares during the period. West Branch Capital LLC grew its stake in shares of Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 214 shares during the period. High Note Wealth LLC grew its stake in shares of Advanced Micro Devices by 285.5% during the 2nd quarter. High Note Wealth LLC now owns 266 shares of the semiconductor manufacturer’s stock valued at $38,000 after acquiring an additional 197 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA grew its stake 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 valued at $28,000 after acquiring an additional 200 shares during the period. Finally, American Capital Advisory LLC grew its stake in shares of Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 130 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Insider Activity at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the sale, the chief executive officer owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Mark D. Papermaster sold 17,998 shares of the 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 sale, the executive vice president owned 1,713,710 shares in the company, valued at $265,676,461.30. The trade was a 1.04% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 275,316 shares of company stock worth $45,203,045 in the last ninety days. Corporate insiders own 0.06% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on AMD. Benchmark upped their price target on Advanced Micro Devices from $210.00 to $270.00 and gave the stock a “buy” rating in a research note on Monday, October 6th. Bank of America upped their price target on Advanced Micro Devices from $175.00 to $200.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. TD Cowen upped their price target on Advanced Micro Devices from $165.00 to $195.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Melius Research set a $300.00 price target on Advanced Micro Devices in a research note on Monday, October 6th. Finally, Weiss Ratings downgraded Advanced Micro Devices from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average target price of $218.25.

Advanced Micro Devices Stock Down 7.8%

Shares of AMD opened at $214.76 on Friday. The stock has a market capitalization of $348.51 billion, a price-to-earnings ratio of 123.42, a price-to-earnings-growth ratio of 2.53 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $240.10. The business’s 50 day simple moving average is $170.33 and its 200-day simple moving average is $137.41. 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:AMD) last released its quarterly 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 net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. During the same quarter in the previous year, the company posted $0.69 EPS. The business’s quarterly revenue was up 31.7% on a year-over-year basis. 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.

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.