Rep. Marjorie Taylor Greene Buys Advanced Micro Devices, Inc. (NASDAQ:AMD) Shares

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Advanced Micro Devices, Inc. NASDAQ: AMD. In a filing disclosed on January 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Advanced Micro Devices stock on January 21st.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Old Dominion Freight Line NASDAQ: ODFL on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Devon Energy NYSE: DVN on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Norfolk Southern NYSE: NSC on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of Cardinal Health NYSE: CAH on 1/21/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/21/2025.

Advanced Micro Devices Trading Up 2.8 %

AMD traded up $3.18 during mid-day trading on Wednesday, reaching $117.35. The stock had a trading volume of 38,997,088 shares, compared to its average volume of 39,301,855. The firm's fifty day simple moving average is $127.14 and its two-hundred day simple moving average is $142.27. The stock has a market capitalization of $190.44 billion, a P/E ratio of 105.72, a P/E/G ratio of 1.09 and a beta of 1.66. Advanced Micro Devices, Inc. has a 52 week low of $112.80 and a 52 week high of $227.30. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.78 and a current ratio of 2.50.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its earnings results on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.92. The company had revenue of $6.82 billion for the quarter, compared to analyst estimates of $6.71 billion. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The company's revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.53 EPS. On average, equities analysts predict that Advanced Micro Devices, Inc. will post 2.54 EPS for the current year.

Insider Activity

In other news, CEO Lisa T. Su sold 76,496 shares of the stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $142.66, for a total transaction of $10,912,919.36. Following the completion of the sale, the chief executive officer now directly owns 3,566,762 shares in the company, valued at $508,834,266.92. This represents a 2.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Forrest Eugene Norrod sold 40,540 shares of the business's stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the completion of the transaction, the executive vice president now owns 293,347 shares in the company, valued at approximately $41,558,469.49. The trade was a 12.14 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 197,036 shares of company stock valued at $28,165,821. 0.65% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AMD. Cantor Fitzgerald reissued an "overweight" rating and set a $180.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, October 30th. Susquehanna decreased their price target on shares of Advanced Micro Devices from $200.00 to $165.00 and set a "positive" rating for the company in a report on Wednesday. Melius cut shares of Advanced Micro Devices from a "buy" rating to a "hold" rating and lowered their price objective for the company from $160.00 to $129.00 in a research report on Tuesday. Wells Fargo & Company reduced their target price on Advanced Micro Devices from $205.00 to $165.00 and set an "overweight" rating on the stock in a report on Monday, January 13th. Finally, Mizuho lowered their price target on Advanced Micro Devices from $180.00 to $160.00 and set an "outperform" rating for the company in a report on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and a consensus price target of $171.86.

Hedge Funds Weigh In On Advanced Micro Devices

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Creative Capital Management Investments LLC grew its stake in shares of Advanced Micro Devices by 124.6% during the third quarter. Creative Capital Management Investments LLC now owns 155 shares of the semiconductor manufacturer's stock worth $25,000 after buying an additional 86 shares during the last quarter. ZRC Wealth Management LLC lifted its stake in shares of Advanced Micro Devices by 90.4% in the 3rd quarter. ZRC Wealth Management LLC now owns 158 shares of the semiconductor manufacturer's stock valued at $26,000 after acquiring an additional 75 shares during the last quarter. Global Wealth Strategies & Associates acquired a new stake in shares of Advanced Micro Devices during the 4th quarter valued at $26,000. FSA Wealth Management LLC bought a new stake in Advanced Micro Devices during the 3rd quarter worth $41,000. Finally, Coston McIsaac & Partners increased its holdings in Advanced Micro Devices by 319.4% in the 3rd quarter. Coston McIsaac & Partners now owns 260 shares of the semiconductor manufacturer's stock worth $42,000 after purchasing an additional 198 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

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.