Advanced Micro Devices (NASDAQ:AMD) Upgraded at Raymond James Financial

Raymond James Financial upgraded shares of Advanced Micro Devices (NASDAQ:AMD) to a moderate buy rating in a report issued on Thursday,Zacks.com reports.

A number of other research analysts have also recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Advanced Micro Devices in a research note on Wednesday. Susquehanna reaffirmed a “positive” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a report on Friday, October 31st. Melius Research set a $380.00 price target on Advanced Micro Devices in a research note on Wednesday, November 12th. CICC Research raised Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price target for the company in a report on Friday, November 7th. Finally, Wells Fargo & Company upped their price objective on Advanced Micro Devices from $300.00 to $345.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $278.54.

Advanced Micro Devices Stock Down 1.1%

AMD stock opened at $203.78 on Thursday. Advanced Micro Devices has a 52 week low of $76.48 and a 52 week high of $267.08. The business has a 50-day simple moving average of $214.51 and a 200 day simple moving average of $168.46. 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 company has a market cap of $331.76 billion, a PE ratio of 117.11, a price-to-earnings-growth ratio of 2.42 and a beta of 1.93.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, beating the consensus estimate of $1.17 by $0.03. The firm had revenue of $9.25 billion for 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%. The business’s quarterly revenue was up 35.6% compared to the same quarter last year. During the same period last year, the firm earned $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that Advanced Micro Devices will post 3.87 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In related news, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $226.01, for a total transaction of $648,196.68. Following the sale, the senior vice president directly owned 9,033 shares in the company, valued at $2,041,548.33. This trade represents a 24.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 17,108 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the sale, the executive vice president directly owned 1,714,505 shares in the company, valued at $411,686,940.60. The trade was a 0.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 75,676 shares of company stock worth $16,124,589. Insiders own 0.06% of the company’s stock.

Hedge Funds Weigh In On Advanced Micro Devices

Large investors have recently modified their holdings of the business. Koesten Hirschmann & Crabtree INC. raised its position in Advanced Micro Devices by 61.0% during the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 61 shares during the last quarter. ORG Wealth Partners LLC increased its stake in shares of Advanced Micro Devices by 39.7% in the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 46 shares during the period. Pinney & Scofield Inc. raised its position in shares of Advanced Micro Devices by 81.0% during the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 85 shares during the last quarter. Aviso Financial Inc. raised its position in shares of Advanced Micro Devices by 400.0% during the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after acquiring an additional 160 shares during the last quarter. Finally, Delos Wealth Advisors LLC lifted its stake in shares of Advanced Micro Devices by 100.0% in the third quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after acquiring an additional 100 shares during the period. 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.