Roth Capital Reaffirms Buy Rating for Advanced Micro Devices (NASDAQ:AMD)

Advanced Micro Devices (NASDAQ:AMD)‘s stock had its “buy” rating restated by equities research analysts at Roth Capital in a research report issued to clients and investors on Wednesday,Benzinga reports. They presently have a $300.00 price objective on the semiconductor manufacturer’s stock. Roth Capital’s price target indicates a potential upside of 20.99% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. boosted their price objective on Advanced Micro Devices from $180.00 to $270.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. TD Cowen upped their price objective on shares of Advanced Micro Devices from $270.00 to $290.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Cowen reiterated a “buy” rating on shares of Advanced Micro Devices in a research report on Wednesday, November 5th. 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. Finally, HSBC raised their price objective 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 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $273.49.

Advanced Micro Devices Stock Down 4.2%

Shares of Advanced Micro Devices stock opened at $247.96 on Wednesday. The stock’s 50-day moving average is $206.13 and its 200 day moving average is $162.66. Advanced Micro Devices has a one year low of $76.48 and a one year high of $267.08. The firm has a market cap of $403.69 billion, a price-to-earnings ratio of 142.51, a PEG ratio of 2.42 and a beta of 1.93. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data 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 company had revenue of $9.25 billion during the quarter, compared to analyst estimates of $8.76 billion. During the same quarter in the previous year, the business posted $0.92 EPS. Advanced Micro Devices’s revenue for the quarter was up 35.6% compared to the same quarter last year. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Equities research analysts anticipate that Advanced Micro Devices will post 3.87 EPS for the current year.

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the company’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 in the company, valued at $550,897,879.56. This represents a 6.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Mark D. Papermaster sold 16,800 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total value of $3,767,904.00. Following the completion of the sale, the executive vice president directly owned 1,714,505 shares in the company, valued at approximately $384,529,181.40. The trade was a 0.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 264,118 shares of company stock valued at $44,448,619 in the last ninety days. Corporate insiders own 0.06% of the company’s stock.

Institutional Trading of Advanced Micro Devices

Several institutional investors and hedge funds have recently made changes to their positions in AMD. ORG Wealth Partners LLC raised its position in Advanced Micro Devices by 39.7% during the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 46 shares in the last quarter. Koesten Hirschmann & Crabtree INC. raised its holdings in shares of Advanced Micro Devices by 61.0% during the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 61 shares in the last quarter. Pinney & Scofield Inc. lifted its position in Advanced Micro Devices by 81.0% in the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 85 shares during the last quarter. Dogwood Wealth Management LLC grew its position in 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 acquiring an additional 208 shares during the last quarter. Finally, Avion Wealth raised its stake in shares of Advanced Micro Devices by 49.3% during the second 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. Hedge funds and other institutional investors own 71.34% of the company’s stock.

About Advanced Micro Devices

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.