Alteri Wealth LLC Purchases 394 Shares of Advanced Micro Devices, Inc. $AMD

Alteri Wealth LLC boosted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 11.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,829 shares of the semiconductor manufacturer’s stock after purchasing an additional 394 shares during the period. Alteri Wealth LLC’s holdings in Advanced Micro Devices were worth $543,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in AMD. Cornerstone Advisory LLC raised its holdings in shares of Advanced Micro Devices by 1.4% in the second quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer’s stock worth $606,000 after buying an additional 57 shares during the period. King Wealth Management Group grew its position in Advanced Micro Devices by 2.1% in the 2nd quarter. King Wealth Management Group now owns 3,017 shares of the semiconductor manufacturer’s stock valued at $428,000 after acquiring an additional 62 shares during the last quarter. Tortoise Investment Management LLC increased its stake in Advanced Micro Devices by 14.8% in the second quarter. Tortoise Investment Management LLC now owns 503 shares of the semiconductor manufacturer’s stock worth $71,000 after purchasing an additional 65 shares during the period. Tritonpoint Wealth LLC lifted its position in shares of Advanced Micro Devices by 2.6% during the second quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after purchasing an additional 72 shares during the last quarter. Finally, Avion Wealth lifted its position 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 purchasing an additional 72 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Trading Down 4.3%

NASDAQ AMD opened at $230.29 on Wednesday. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08. The company has a 50 day moving average price of $211.32 and a 200 day moving average price of $166.59. 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 firm has a market cap of $374.92 billion, a PE ratio of 132.35, a price-to-earnings-growth ratio of 2.42 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business had revenue of $9.25 billion for the quarter, compared to analyst estimates of $8.76 billion. During the same quarter in the previous year, the firm earned $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, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on AMD. Stifel Nicolaus raised their price target on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Piper Sandler restated an “overweight” rating and issued a $280.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. KGI Securities set a $260.00 target price on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a research report on Monday, October 13th. Dbs Bank raised shares of Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 6th. Finally, Bank of America reissued a “buy” rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $273.49.

Insider Activity at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 16,800 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the sale, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the completion of the transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 264,118 shares of company stock worth $44,448,619 in the last quarter. 0.06% of the stock is currently owned by company insiders.

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.