Arete Wealth Advisors LLC increased its stake in Advanced Micro Devices (NASDAQ:AMD) by 32.8% during the third quarter, holding 13,693 shares valued at $2.218 million. This comes as AMD reported strong quarterly earnings, beating estimates with $1.53 EPS on $10.27 billion revenue, a 34.1% year-over-year increase. The stock carries a “Moderate Buy” consensus rating with an average price target of $290.53, despite recent insider selling and sector volatility.
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Arete Wealth Advisors LLC Raises Position in Advanced Micro Devices, Inc. $AMD
Arete Wealth Advisors LLC increased its stake in Advanced Micro Devices (NASDAQ:AMD) by 32.8% during the third quarter, holding 13,693 shares valued at $2.218 million. This comes as AMD reported strong quarterly earnings, beating estimates with $1.53 EPS on $10.27 billion revenue, a 34.1% year-over-year increase. The stock carries a “Moderate Buy” consensus rating with an average price target of $290.53, despite recent insider selling and sector volatility.