Vest Financial LLC Grows Holdings in Advanced Micro Devices, Inc. $AMD

Vest Financial LLC raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 39.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,311 shares of the semiconductor manufacturer’s stock after purchasing an additional 6,010 shares during the period. Vest Financial LLC’s holdings in Advanced Micro Devices were worth $3,024,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AMD. Kingstone Capital Partners Texas LLC purchased a new position in Advanced Micro Devices in the 2nd quarter valued at about $958,422,000. Goldman Sachs Group Inc. lifted its holdings in Advanced Micro Devices by 169.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock valued at $1,012,538,000 after purchasing an additional 6,200,850 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in 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 in the last quarter. Nuveen LLC purchased a new position in Advanced Micro Devices in the 1st quarter valued at about $436,746,000. Finally, Parnassus Investments LLC lifted its holdings in Advanced Micro Devices by 47,883.5% in the 1st quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock valued at $425,592,000 after purchasing an additional 4,133,785 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Forrest Eugene Norrod sold 2,250 shares of the firm’s stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the sale, the executive vice president owned 311,598 shares of the company’s stock, valued at approximately $51,416,785.98. This trade represents a 0.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the sale, the senior vice president directly owned 9,033 shares of the company’s stock, valued at $2,041,548.33. The trade was a 24.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold 257,318 shares of company stock worth $42,412,815 over the last three months. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Up 0.8%

Shares of NASDAQ:AMD opened at $218.09 on Wednesday. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $240.10. The company has a 50 day moving average of $172.00 and a two-hundred day moving average of $138.97. The company has a market capitalization of $353.93 billion, a price-to-earnings ratio of 125.34, a price-to-earnings-growth ratio of 2.54 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) 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). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same period last year, the business earned $0.69 EPS. The firm’s revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on AMD. Benchmark increased their price objective on shares of Advanced Micro Devices from $210.00 to $270.00 and gave the stock a “buy” rating in a report on Monday, October 6th. DZ Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price objective on the stock in a report on Wednesday, October 8th. Piper Sandler reiterated an “overweight” rating and set a $240.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, October 7th. Barclays increased their target price on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, October 6th. Finally, Hsbc Global Res raised shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average target price of $224.97.

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.