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Advanced Micro Devices (NASDAQ:AMD) Stock Acquired Rep. Jefferson Shreve

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Representative Jefferson Shreve (R-Indiana) recently bought shares of Advanced Micro Devices, Inc. NASDAQ: AMD. In a filing disclosed on April 11th, the Representative disclosed that they had bought between $50,001 and $100,000 in Advanced Micro Devices stock on March 31st. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

  • Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 3/31/2025.
  • Purchased $50,001 - $100,000 in shares of Block NYSE: XYZ on 3/31/2025.
  • Sold $15,001 - $50,000 in shares of DuPont de Nemours NYSE: DD on 3/31/2025.
  • Purchased $15,001 - $50,000 in shares of United Community Banks NASDAQ: UCB on 3/31/2025.
  • Sold $15,001 - $50,000 in shares of IDEX NYSE: IEX on 3/31/2025.
  • Purchased $15,001 - $50,000 in shares of HNI NYSE: HNI on 3/31/2025.
  • Sold $50,001 - $100,000 in shares of ServiceNow NYSE: NOW on 3/31/2025.
  • Sold $15,001 - $50,000 in shares of Coinbase Global NASDAQ: COIN on 3/31/2025.
  • Sold $15,001 - $50,000 in shares of Constellation Energy NASDAQ: CEG on 3/31/2025.
  • Sold $50,001 - $100,000 in shares of Simon Property Group NYSE: SPG on 3/31/2025.

Advanced Micro Devices Trading Up 0.8 %

AMD stock traded up $0.79 during mid-day trading on Tuesday, hitting $95.29. 26,101,434 shares of the company were exchanged, compared to its average volume of 43,306,721. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $154.02 billion, a P/E ratio of 96.25, a PEG ratio of 1.11 and a beta of 1.89. The business has a fifty day simple moving average of $102.54 and a 200-day simple moving average of $125.03. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $187.28.

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Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. On average, 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

AMD has been the topic of a number of analyst reports. Citigroup reduced their price objective on shares of Advanced Micro Devices from $110.00 to $100.00 and set a "neutral" rating on the stock in a report on Friday. HSBC reaffirmed a "reduce" rating and set a $110.00 price objective (down previously from $200.00) on shares of Advanced Micro Devices in a report on Wednesday, January 8th. UBS Group set a $175.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 5th. TD Cowen dropped their target price on Advanced Micro Devices from $135.00 to $110.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Finally, Piper Sandler reiterated an "overweight" rating on shares of Advanced Micro Devices in a research report on Wednesday, February 19th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, sixteen have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $148.76.

Check Out Our Latest Stock Analysis on Advanced Micro Devices

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Philip Guido purchased 4,645 shares of the firm's stock in a transaction on Friday, February 7th. The stock was purchased at an average cost of $107.56 per share, with a total value of $499,616.20. Following the purchase, the executive vice president now owns 33,522 shares in the company, valued at $3,605,626.32. This trade represents a 16.09 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.73% of the stock is owned by company insiders.

Hedge Funds Weigh In On Advanced Micro Devices

A number of hedge funds have recently bought and sold shares of AMD. Net Worth Advisory Group raised its position in shares of Advanced Micro Devices by 136.7% during the 1st quarter. Net Worth Advisory Group now owns 7,632 shares of the semiconductor manufacturer's stock valued at $784,000 after acquiring an additional 4,408 shares in the last quarter. Tran Capital Management L.P. boosted its holdings in shares of Advanced Micro Devices by 8.6% during the first quarter. Tran Capital Management L.P. now owns 3,974 shares of the semiconductor manufacturer's stock valued at $408,000 after acquiring an additional 315 shares during the period. Simon Quick Advisors LLC increased its holdings in shares of Advanced Micro Devices by 39.4% in the 1st quarter. Simon Quick Advisors LLC now owns 8,201 shares of the semiconductor manufacturer's stock worth $843,000 after acquiring an additional 2,316 shares during the period. Capital Advisors Ltd. LLC boosted its stake in Advanced Micro Devices by 17.0% during the 1st quarter. Capital Advisors Ltd. LLC now owns 1,757 shares of the semiconductor manufacturer's stock valued at $181,000 after purchasing an additional 255 shares during the period. Finally, CX Institutional grew its position in Advanced Micro Devices by 6.8% in the 1st quarter. CX Institutional now owns 15,680 shares of the semiconductor manufacturer's stock worth $1,611,000 after purchasing an additional 995 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Advanced Micro Devices

(Get Free Report)

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.

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