Advanced Micro Devices’ (AMD) Buy Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reiterated their buy rating on shares of Advanced Micro Devices (NASDAQ:AMD) in a report released on Wednesday morning,Benzinga reports. They currently have a $300.00 target price on the semiconductor manufacturer’s stock.

AMD has been the subject of a number of other research reports. Roth Capital lifted their target price on Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. CICC Research upgraded shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price objective for the company in a research note on Friday, November 7th. Erste Group Bank lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Thursday, September 11th. Citigroup lifted their price target on shares of Advanced Micro Devices from $215.00 to $260.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Finally, Bank of America increased their price target on Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $273.49.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $246.81 on Wednesday. The company has a market capitalization of $401.82 billion, a price-to-earnings ratio of 141.84, a PEG ratio of 2.42 and a beta of 1.93. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. Advanced Micro Devices has a 52 week low of $76.48 and a 52 week high of $267.08. The company has a 50-day simple moving average of $208.05 and a 200 day simple moving average of $163.70.

Advanced Micro Devices (NASDAQ:AMD) last issued 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. The firm had revenue of $9.25 billion during the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period last year, the business posted $0.92 earnings per share. Advanced Micro Devices has set its Q4 2025 guidance at EPS. On average, sell-side analysts predict that Advanced Micro Devices will post 3.87 earnings per share for the current year.

Insiders Place Their Bets

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices 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 $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the transaction, the chief executive officer directly owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 264,118 shares of company stock worth $44,448,619. 0.06% of the stock is currently owned by company insiders.

Institutional Trading of Advanced Micro Devices

A number of hedge funds have recently made changes to their positions in AMD. HHM Wealth Advisors LLC grew its holdings in Advanced Micro Devices by 2.4% during the 3rd quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock worth $282,000 after acquiring an additional 40 shares during the last quarter. HBK Sorce Advisory LLC grew its stake in shares of Advanced Micro Devices by 0.3% in the third quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer’s stock worth $2,169,000 after purchasing an additional 43 shares during the last quarter. Wilmington Savings Fund Society FSB increased its holdings in Advanced Micro Devices by 0.5% in the third quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock valued at $1,409,000 after purchasing an additional 43 shares during the period. Moseley Investment Management Inc. raised its position in Advanced Micro Devices by 0.5% during the 3rd quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock worth $1,437,000 after purchasing an additional 44 shares during the last quarter. Finally, OneAscent Family Office LLC lifted its holdings in Advanced Micro Devices by 2.6% during the 3rd quarter. OneAscent Family Office LLC now owns 1,755 shares of the semiconductor manufacturer’s stock worth $284,000 after buying an additional 44 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

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.