Angeles Wealth Management LLC Grows Stock Holdings in Advanced Micro Devices, Inc. $AMD

Angeles Wealth Management LLC raised its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 18.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,093 shares of the semiconductor manufacturer’s stock after buying an additional 802 shares during the period. Angeles Wealth Management LLC’s holdings in Advanced Micro Devices were worth $723,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Farmers & Merchants Trust Co of Chambersburg PA lifted its position in shares of Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 200 shares during the period. American Capital Advisory LLC lifted its position in shares of Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 130 shares during the period. Dogwood Wealth Management LLC lifted its position in shares of Advanced Micro Devices by 2,311.1% in the 2nd 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 period. West Branch Capital LLC lifted its position in shares of Advanced Micro Devices by 3,057.1% in the 2nd 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 period. Finally, Bear Mountain Capital Inc. lifted its position in shares of Advanced Micro Devices by 75.0% in the 1st quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer’s stock worth $34,000 after purchasing an additional 150 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Transactions at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 2,250 shares of the stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total value of $371,272.50. Following the sale, the executive vice president owned 311,598 shares in the company, valued at $51,416,785.98. This represents a 0.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Mark D. Papermaster sold 16,800 shares of the stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the sale, the executive vice president directly owned 1,714,505 shares in the company, valued at $384,529,181.40. This trade represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 274,118 shares of company stock valued at $46,180,719. 0.06% of the stock is owned by corporate insiders.

Analyst Ratings Changes

AMD has been the subject of several research reports. HSBC upped their price target on shares of Advanced Micro Devices from $185.00 to $310.00 and gave the stock a “buy” rating in a research report on Wednesday. Sanford C. Bernstein boosted their price objective on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the stock a “market perform” rating in a research note on Monday, July 21st. Wells Fargo & Company boosted their price objective on shares of Advanced Micro Devices from $185.00 to $275.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 7th. Seaport Res Ptn lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 4th. Finally, Weiss Ratings lowered shares of Advanced Micro Devices from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average price target of $233.94.

Advanced Micro Devices Trading Down 0.6%

Shares of Advanced Micro Devices stock opened at $233.08 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 $241.20. The firm has a market capitalization of $378.25 billion, a price-to-earnings ratio of 133.95, a PEG ratio of 2.33 and a beta of 1.90. The firm’s 50 day simple moving average is $175.96 and its two-hundred day simple moving average is $141.47.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $7.41 billion. During the same quarter in the previous year, the company posted $0.69 EPS. The company’s revenue for the quarter was up 31.7% compared to the same quarter last year. 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.

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.