Mayflower Financial Advisors LLC Grows Stake in Advanced Micro Devices, Inc. $AMD

Mayflower Financial Advisors LLC boosted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,672 shares of the semiconductor manufacturer’s stock after purchasing an additional 93 shares during the period. Mayflower Financial Advisors LLC’s holdings in Advanced Micro Devices were worth $663,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Bristlecone Advisors LLC increased its position in Advanced Micro Devices by 19.8% during the second quarter. Bristlecone Advisors LLC now owns 4,868 shares of the semiconductor manufacturer’s stock worth $691,000 after buying an additional 803 shares in the last quarter. Quaker Wealth Management LLC boosted its holdings in shares of Advanced Micro Devices by 136.2% during the second quarter. Quaker Wealth Management LLC now owns 276 shares of the semiconductor manufacturer’s stock worth $39,000 after purchasing an additional 1,039 shares during the last quarter. Oarsman Capital Inc. acquired a new stake in shares of Advanced Micro Devices during the second quarter worth $514,000. Mizuho Markets Cayman LP boosted its holdings in shares of Advanced Micro Devices by 174.0% during the second quarter. Mizuho Markets Cayman LP now owns 100,550 shares of the semiconductor manufacturer’s stock worth $14,268,000 after purchasing an additional 63,848 shares during the last quarter. Finally, New York Life Investment Management LLC boosted its holdings in shares of Advanced Micro Devices by 0.3% during the second quarter. New York Life Investment Management LLC now owns 243,718 shares of the semiconductor manufacturer’s stock worth $34,584,000 after purchasing an additional 775 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports 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. Wells Fargo & Company raised their price objective on Advanced Micro Devices from $185.00 to $275.00 and gave the stock an “overweight” rating in a report on Tuesday, October 7th. Dbs Bank upgraded Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a report on Monday, October 6th. Melius Research set a $300.00 target price on Advanced Micro Devices in a report on Monday, October 6th. Finally, Bank of America lifted their target price on Advanced Micro Devices from $250.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $233.94.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,800 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president owned 1,714,505 shares in the company, valued at $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of the business’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the transaction, the senior vice president owned 9,033 shares in the company, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 274,118 shares of company stock valued at $46,180,719 over the last 90 days. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $264.33 on Thursday. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08. The stock has a market capitalization of $428.97 billion, a P/E ratio of 151.91, a PEG ratio of 2.36 and a beta of 1.90. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The business’s fifty day moving average price is $187.57 and its 200 day moving average price is $151.00.

Advanced Micro Devices (NASDAQ:AMD) last issued 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 company 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 revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices Company 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.