Advanced Micro Devices (NASDAQ:AMD) Trading Up 1.4% – Here’s Why

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s share price rose 1.4% during trading on Monday . The company traded as high as $260.91 and last traded at $259.65. Approximately 35,933,929 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 49,633,086 shares. The stock had previously closed at $256.12.

Analyst Upgrades and Downgrades

AMD has been the topic of a number of research reports. Barclays boosted their price target on Advanced Micro Devices from $200.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, October 6th. Benchmark boosted their price target on Advanced Micro Devices from $210.00 to $270.00 and gave the company a “buy” rating in a report on Monday, October 6th. Hsbc Global Res upgraded Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. UBS Group boosted their price target on Advanced Micro Devices from $210.00 to $265.00 and gave the company a “buy” rating in a report on Tuesday, October 7th. Finally, HSBC boosted their price target on Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Three 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $237.32.

Advanced Micro Devices Stock Up 1.4%

The firm has a market cap of $421.37 billion, a P/E ratio of 149.22, a price-to-earnings-growth ratio of 2.42 and a beta of 1.90. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The firm has a fifty day moving average of $191.16 and a 200-day moving average of $153.70.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results 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). 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 return on equity of 7.54% and a net margin of 9.57%.The business’s revenue was up 31.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,868 shares of the company’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 value of $648,196.68. Following the sale, the senior vice president owned 9,033 shares in the company, valued at $2,041,548.33. This represents a 24.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the company’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 value of $371,272.50. Following the completion of 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 274,118 shares of company stock valued at $46,180,719. Company insiders own 0.06% of the company’s stock.

Institutional Trading of Advanced Micro Devices

Several institutional investors and hedge funds have recently bought and sold shares of the business. ORG Wealth Partners LLC grew its position in shares of Advanced Micro Devices by 39.7% in the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 46 shares during the last quarter. Pinney & Scofield Inc. grew its position in shares of Advanced Micro Devices by 81.0% in the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 85 shares during the last quarter. Dogwood Wealth Management LLC grew its position in shares of Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 208 shares during the last quarter. Avion Wealth grew its position in shares of Advanced Micro Devices by 49.3% in the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 72 shares during the last quarter. Finally, West Branch Capital LLC grew its position in shares of Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 214 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

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.