Capital Asset Advisory Services LLC Has $392,000 Holdings in Advanced Micro Devices, Inc. $AMD

Capital Asset Advisory Services LLC grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 46.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,881 shares of the semiconductor manufacturer’s stock after buying an additional 913 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Advanced Micro Devices were worth $392,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Whitaker Myers Wealth Managers LTD. boosted its holdings in shares of Advanced Micro Devices by 14.0% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 4,902 shares of the semiconductor manufacturer’s stock valued at $696,000 after buying an additional 601 shares during the period. Bangor Savings Bank lifted its position in shares of Advanced Micro Devices by 8.4% in the second quarter. Bangor Savings Bank now owns 1,314 shares of the semiconductor manufacturer’s stock worth $186,000 after purchasing an additional 102 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Advanced Micro Devices by 18.3% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 8,343 shares of the semiconductor manufacturer’s stock worth $1,184,000 after purchasing an additional 1,292 shares in the last quarter. Sage Capital Advisors llc lifted its position in shares of Advanced Micro Devices by 459.9% in the second quarter. Sage Capital Advisors llc now owns 36,774 shares of the semiconductor manufacturer’s stock worth $5,218,000 after purchasing an additional 30,206 shares in the last quarter. Finally, Trust Co of the South bought a new stake in shares of Advanced Micro Devices in the second quarter worth $227,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AMD. Sanford C. Bernstein boosted their price objective on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the stock a “market perform” rating in a research report on Monday, July 21st. Evercore ISI boosted their price objective on shares of Advanced Micro Devices from $144.00 to $188.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. Bank of America boosted their price objective on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Tuesday, July 29th. Jefferies Financial Group boosted their price objective on shares of Advanced Micro Devices from $100.00 to $160.00 in a research report on Wednesday, July 16th. Finally, Hsbc Global Res raised shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $180.88.

Check Out Our Latest Report on AMD

Advanced Micro Devices Trading Up 1.9%

AMD stock opened at $158.57 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The company’s 50-day simple moving average is $163.13 and its 200 day simple moving average is $127.47. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $186.65. The company has a market capitalization of $257.33 billion, a PE ratio of 91.13, a price-to-earnings-growth ratio of 1.87 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last released its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same quarter last year, the company posted $0.69 earnings per share. The company’s revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,998 shares of the company’s stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the transaction, the executive vice president directly owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. This represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the company’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the transaction, the executive vice president owned 125,505 shares in the company, valued at $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 270,198 shares of company stock valued at $44,183,576. 0.06% of the stock is currently owned by insiders.

About Advanced Micro Devices

(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

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

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