Bulltick Wealth Management LLC Buys 3,060 Shares of Advanced Micro Devices, Inc. $AMD

Bulltick Wealth Management LLC boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 81.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,826 shares of the semiconductor manufacturer’s stock after purchasing an additional 3,060 shares during the period. Bulltick Wealth Management LLC’s holdings in Advanced Micro Devices were worth $969,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMD. Intrust Bank NA boosted its stake in shares of Advanced Micro Devices by 13.4% in the 2nd quarter. Intrust Bank NA now owns 8,160 shares of the semiconductor manufacturer’s stock worth $1,158,000 after buying an additional 962 shares during the last quarter. Rothschild Investment LLC lifted its holdings in Advanced Micro Devices by 1.0% in the second quarter. Rothschild Investment LLC now owns 40,696 shares of the semiconductor manufacturer’s stock valued at $5,775,000 after acquiring an additional 399 shares during the period. Midwest Professional Planners LTD. lifted its holdings in Advanced Micro Devices by 0.9% in the second quarter. Midwest Professional Planners LTD. now owns 15,456 shares of the semiconductor manufacturer’s stock valued at $2,193,000 after acquiring an additional 134 shares during the period. Raiffeisen Bank International AG boosted its position in Advanced Micro Devices by 20.0% in the second quarter. Raiffeisen Bank International AG now owns 385,217 shares of the semiconductor manufacturer’s stock worth $55,239,000 after purchasing an additional 64,096 shares during the last quarter. Finally, Brilliance Asset Management Ltd. grew its stake in shares of Advanced Micro Devices by 473.3% during the 2nd quarter. Brilliance Asset Management Ltd. now owns 33,665 shares of the semiconductor manufacturer’s stock valued at $4,777,000 after purchasing an additional 27,793 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,868 shares of the stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the transaction, the senior vice president owned 9,033 shares of the company’s stock, valued at $2,041,548.33. This represents a 24.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president owned 313,848 shares of the company’s stock, valued at approximately $50,507,558.64. The trade was a 5.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 264,118 shares of company stock worth $44,448,619 in the last three months. Insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

AMD has been the topic of a number of research reports. JPMorgan Chase & Co. raised their price objective on shares of Advanced Micro Devices from $180.00 to $270.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. DZ Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target on the stock in a research report on Wednesday, October 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Advanced Micro Devices in a research report on Thursday. Roth Capital reaffirmed a “buy” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Finally, Erste Group Bank cut Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Thursday, September 11th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus price target of $273.49.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $246.81 on Monday. The stock has a 50-day moving average price of $208.05 and a 200 day moving average price of $164.65. The stock has a market capitalization of $401.82 billion, a P/E ratio of 141.84, a P/E/G ratio of 2.42 and a beta of 1.93. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08. The company has a current ratio of 2.49, a quick ratio of 1.81 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 for the quarter, topping the consensus estimate of $1.17 by $0.03. The business had revenue of $9.25 billion during the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

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.