Los Angeles Capital Management LLC Increases Position in Advanced Micro Devices, Inc. $AMD

Los Angeles Capital Management LLC lifted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3,174.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 272,590 shares of the semiconductor manufacturer’s stock after acquiring an additional 264,265 shares during the period. Los Angeles Capital Management LLC’s holdings in Advanced Micro Devices were worth $38,681,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Dogwood Wealth Management LLC lifted its position in shares of Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after buying an additional 208 shares during the last quarter. Avion Wealth raised its stake in shares of 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 raised its stake in shares of Advanced Micro Devices by 3,057.1% during 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 in the last quarter. Bear Mountain Capital Inc. lifted its position in Advanced Micro Devices by 75.0% during 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 during the last quarter. Finally, Financial Network Wealth Advisors LLC boosted its stake in Advanced Micro Devices by 185.3% in the first quarter. Financial Network Wealth Advisors LLC now owns 331 shares of the semiconductor manufacturer’s stock valued at $34,000 after acquiring an additional 215 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $200.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. The Goldman Sachs Group boosted their target price on Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. Wells Fargo & Company increased their price target on Advanced Micro Devices from $275.00 to $300.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. UBS Group boosted their price target on Advanced Micro Devices from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Bank of America increased their price objective on shares of Advanced Micro Devices from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $263.26.

Advanced Micro Devices Trading Down 1.8%

Advanced Micro Devices stock opened at $233.54 on Friday. The stock has a 50-day moving average price of $199.34 and a 200 day moving average price of $158.85. The company has a market capitalization of $380.21 billion, a price-to-earnings ratio of 134.22, a price-to-earnings-growth ratio of 2.42 and a beta of 1.93. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08. 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 (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The company had revenue of $9.25 billion during the quarter, compared to analyst estimates of $8.76 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. Advanced Micro Devices’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period last year, the firm posted $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,868 shares of the company’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $226.01, for a total value of $648,196.68. Following the sale, the senior vice president directly owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 274,118 shares of company stock valued at $46,180,719 over the last ninety days. Corporate insiders own 0.06% of the company’s stock.

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.