Sittner & Nelson LLC Acquires 400 Shares of Advanced Micro Devices, Inc. $AMD

Sittner & Nelson LLC raised its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 20.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,390 shares of the semiconductor manufacturer’s stock after purchasing an additional 400 shares during the period. Sittner & Nelson LLC’s holdings in Advanced Micro Devices were worth $339,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Advanced Micro Devices by 1.4% in the first quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer’s stock worth $15,654,222,000 after acquiring an additional 2,157,199 shares during the period. Geode Capital Management LLC increased its position in Advanced Micro Devices by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 36,690,685 shares of the semiconductor manufacturer’s stock valued at $5,181,556,000 after purchasing an additional 514,445 shares during the period. Amundi raised its holdings in Advanced Micro Devices by 8.0% during the 1st quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock worth $1,677,014,000 after purchasing an additional 1,319,064 shares during the last quarter. Invesco Ltd. lifted its position in shares of Advanced Micro Devices by 4.0% in the 1st quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer’s stock worth $1,214,285,000 after purchasing an additional 450,695 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Advanced Micro Devices by 4.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer’s stock valued at $1,083,815,000 after purchasing an additional 466,048 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AMD has been the subject of a number of analyst reports. Jefferies Financial Group set a $300.00 target price on shares of Advanced Micro Devices and gave the stock a “positive” rating in a research note on Monday, October 6th. Deutsche Bank Aktiengesellschaft set a $235.00 price objective on Advanced Micro Devices and gave the stock a “hold” rating in a research report on Tuesday, October 14th. Wolfe Research set a $300.00 target price on Advanced Micro Devices and gave the company an “outperform” rating in a research report on Tuesday, October 14th. Rosenblatt Securities reissued a “buy” rating and issued a $300.00 price target on shares of Advanced Micro Devices in a research note on Wednesday. Finally, Benchmark raised their price target on shares of Advanced Micro Devices from $270.00 to $325.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $273.49.

Advanced Micro Devices Trading Down 4.2%

AMD opened at $247.96 on Friday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08. The firm has a market capitalization of $403.69 billion, a PE ratio of 142.51, a P/E/G ratio of 2.42 and a beta of 1.93. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The company’s 50-day moving average is $206.13 and its 200 day moving average is $162.66.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The firm had revenue of $9.25 billion during the quarter, compared to analyst estimates of $8.76 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 35.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the completion of the sale, the executive vice president owned 313,848 shares in the company, valued at $50,507,558.64. This represents a 5.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 16,800 shares of the stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the completion of the sale, the executive vice president owned 1,714,505 shares of the company’s stock, valued at approximately $384,529,181.40. This trade represents a 0.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 264,118 shares of company stock valued at $44,448,619 over the last quarter. 0.06% of the stock is owned by insiders.

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.