Thompson Davis & CO. Inc. Takes Position in Advanced Micro Devices, Inc. $AMD

Thompson Davis & CO. Inc. bought a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,761 shares of the semiconductor manufacturer’s stock, valued at approximately $250,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Dogwood Wealth Management LLC boosted 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 worth $30,000 after buying an additional 208 shares during the period. Avion Wealth lifted its position in Advanced Micro Devices by 49.3% during the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after acquiring an additional 72 shares in the last quarter. West Branch Capital LLC boosted its holdings in 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 acquiring an additional 214 shares during the period. Bear Mountain Capital Inc. grew its position in Advanced Micro Devices by 75.0% in the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer’s stock valued at $34,000 after acquiring an additional 150 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC raised its stake in shares of Advanced Micro Devices by 185.3% during the first quarter. Financial Network Wealth Advisors LLC now owns 331 shares of the semiconductor manufacturer’s stock valued at $34,000 after purchasing an additional 215 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Weiss Ratings upgraded shares of Advanced Micro Devices from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, November 7th. Jefferies Financial Group set a $300.00 target price on Advanced Micro Devices and gave the stock a “positive” rating in a research report on Monday, October 6th. Wedbush reiterated an “outperform” rating and issued a $290.00 price target on shares of Advanced Micro Devices in a research note on Wednesday. Truist Financial restated a “buy” rating and set a $279.00 price objective (up previously from $273.00) on shares of Advanced Micro Devices in a research note on Wednesday, November 5th. Finally, TD Cowen increased their target price on Advanced Micro Devices from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average target price of $273.49.

View Our Latest Stock Report on AMD

Insider Buying and Selling at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the sale, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at $550,897,879.56. This represents a 6.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mark D. Papermaster sold 16,800 shares of the 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 sale, the executive vice president owned 1,714,505 shares in the company, valued at approximately $384,529,181.40. This trade represents a 0.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 264,118 shares of company stock valued at $44,448,619. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $247.96 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. The company has a market capitalization of $403.69 billion, a price-to-earnings ratio of 142.51, a price-to-earnings-growth ratio of 2.42 and a beta of 1.93. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08. The business has a 50 day simple moving average of $206.13 and a 200-day simple moving average of $162.66.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. During the same period last year, the business posted $0.92 earnings per share. The firm’s revenue for the quarter was up 35.6% on a year-over-year basis. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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