Burk Holdings LLC Makes New $904,000 Investment in Advanced Micro Devices, Inc. $AMD

Burk Holdings LLC bought a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,368 shares of the semiconductor manufacturer’s stock, valued at approximately $904,000.

A number of other large investors have also recently made changes to their positions in the company. Wise Wealth Partners purchased a new stake in shares of Advanced Micro Devices in the second quarter valued at about $343,000. Waterfront Wealth Inc. acquired a new position in Advanced Micro Devices in the 2nd quarter valued at about $1,145,000. Parisi Gray Wealth Management acquired a new position in Advanced Micro Devices in the 2nd quarter valued at about $343,000. Cornercap Investment Counsel Inc. raised its stake in Advanced Micro Devices by 43.3% during the 2nd quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock valued at $1,738,000 after acquiring an additional 3,702 shares during the last quarter. Finally, Swiss National Bank lifted its position in Advanced Micro Devices by 7.5% during the 2nd quarter. Swiss National Bank now owns 4,917,975 shares of the semiconductor manufacturer’s stock worth $697,861,000 after acquiring an additional 341,000 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the transaction, the executive vice president owned 300,348 shares of the company’s stock, valued at $68,890,820.76. This represents a 6.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Mark D. Papermaster sold 17,108 shares of the stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $240.12, for a total value of $4,107,972.96. Following the transaction, the executive vice president owned 1,714,505 shares in the company, valued at $411,686,940.60. This trade represents a 0.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 75,676 shares of company stock worth $16,124,589 over the last three months. 0.06% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $203.78 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. 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 simple moving average of $214.51 and a 200-day simple moving average of $168.94. The company has a market capitalization of $331.76 billion, a PE ratio of 117.11, a P/E/G ratio of 2.42 and a beta of 1.93.

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. TD Cowen boosted their target price on Advanced Micro Devices from $270.00 to $290.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. HSBC boosted their price objective on shares of Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. The Goldman Sachs Group upped their price objective on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 8th. Melius Research set a $380.00 target price on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Finally, Wedbush reiterated an “outperform” rating and set a $290.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $278.54.

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.