1ST Source Bank Buys 439 Shares of Advanced Micro Devices, Inc. $AMD

1ST Source Bank raised its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 6,058 shares of the semiconductor manufacturer’s stock after purchasing an additional 439 shares during the period. 1ST Source Bank’s holdings in Advanced Micro Devices were worth $860,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. grew its stake in shares of Advanced Micro Devices by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer’s stock valued at $15,654,222,000 after acquiring an additional 2,157,199 shares during the period. Amundi lifted its holdings in Advanced Micro Devices by 8.0% during the first quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock valued at $1,677,014,000 after purchasing an additional 1,319,064 shares in the last quarter. Invesco Ltd. boosted its position in shares of Advanced Micro Devices by 4.0% in the first quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer’s stock worth $1,214,285,000 after purchasing an additional 450,695 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Advanced Micro Devices by 4.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer’s stock worth $1,083,815,000 after purchasing an additional 466,048 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its stake in shares of Advanced Micro Devices by 131.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock valued at $1,069,846,000 after buying an additional 5,915,185 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $233.54 on Monday. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The stock’s fifty day moving average is $199.34 and its two-hundred day moving average is $159.34. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08. The company has a market capitalization of $380.21 billion, a PE ratio of 134.22, a price-to-earnings-growth ratio of 2.42 and a beta of 1.93.

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

Insider Activity at Advanced Micro Devices

In related news, EVP Paul Darren Grasby sold 10,000 shares of the business’s 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 completion of the transaction, the executive vice president owned 125,505 shares of the company’s stock, valued at $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the company’s stock in a transaction on Wednesday, September 10th. The stock was 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 of the company’s stock, valued at approximately $50,507,558.64. This represents a 5.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 274,118 shares of company stock worth $46,180,719 over the last quarter. Corporate insiders own 0.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on AMD shares. Susquehanna reissued a “positive” rating and set a $300.00 price target on shares of Advanced Micro Devices in a report on Friday, October 31st. Roth Capital lifted their target price on Advanced Micro Devices from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Jefferies Financial Group set a $300.00 price target on Advanced Micro Devices and gave the stock a “positive” rating in a research note on Monday, October 6th. Stifel Nicolaus increased their price objective on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the company a “buy” rating in a report on Wednesday. Finally, HSBC boosted their target price on shares of Advanced Micro Devices from $185.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Three investment 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 stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $263.26.

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.