Blue Trust Inc. Buys 2,022 Shares of Advanced Micro Devices, Inc. $AMD

Blue Trust Inc. increased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 59.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,450 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,022 shares during the quarter. Blue Trust Inc.’s holdings in Advanced Micro Devices were worth $773,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of AMD. Brighton Jones LLC raised its holdings in Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after purchasing an additional 29,438 shares during the period. Revolve Wealth Partners LLC raised its holdings in Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after purchasing an additional 234 shares during the period. GAMMA Investing LLC raised its holdings in Advanced Micro Devices by 18.7% in the 1st quarter. GAMMA Investing LLC now owns 19,554 shares of the semiconductor manufacturer’s stock worth $2,009,000 after purchasing an additional 3,084 shares during the period. Fort Washington Investment Advisors Inc. OH increased its stake in Advanced Micro Devices by 1.7% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 9,500 shares of the semiconductor manufacturer’s stock worth $976,000 after buying an additional 160 shares in the last quarter. Finally, Krilogy Financial LLC increased its stake in Advanced Micro Devices by 5.0% in the 1st quarter. Krilogy Financial LLC now owns 21,793 shares of the semiconductor manufacturer’s stock worth $2,239,000 after buying an additional 1,035 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Insider Activity

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the sale, the executive vice president directly owned 125,505 shares in the company, valued at $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the company’s stock in a transaction that occurred on 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 sale, the executive vice president owned 313,848 shares in the company, valued at approximately $50,507,558.64. This trade represents a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 275,316 shares of company stock valued at $45,203,045. 0.06% of the stock is owned by corporate insiders.

Advanced Micro Devices Trading Down 7.8%

Shares of Advanced Micro Devices stock opened at $214.76 on Friday. The firm has a market cap of $348.51 billion, a price-to-earnings ratio of 123.42, a PEG ratio of 2.53 and a beta of 1.90. The business has a 50-day moving average price of $170.33 and a 200-day moving average price of $137.41. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $240.10.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The firm had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on AMD shares. Evercore ISI increased their price target on Advanced Micro Devices from $188.00 to $240.00 and gave the stock an “outperform” rating in a research note on Tuesday. DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target for the company in a research note on Wednesday. Raymond James Financial increased their price target on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Sanford C. Bernstein increased their price target on Advanced Micro Devices from $95.00 to $140.00 and gave the stock a “market perform” rating in a research note on Monday, July 21st. Finally, Rosenblatt Securities increased their price target on Advanced Micro Devices from $200.00 to $250.00 and gave the stock a “buy” rating in a research note on Tuesday, October 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $218.25.

Advanced Micro Devices 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.