1776 Wealth LLC has invested $677,000 to acquire 4,185 shares in Advanced Micro Devices (AMD) during the third quarter. Despite a strong Q4 earnings beat, AMD’s stock dropped 11% due to modest Q1 guidance, and increased institutional ownership (71.34%) is noted alongside significant insider selling totaling over $36 million. Analysts maintain a “Moderate Buy” consensus with an average target price of $290.11, following several target upgrades.
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1776 Wealth LLC Invests $677,000 in Advanced Micro Devices, Inc. $AMD
1776 Wealth LLC has invested $677,000 to acquire 4,185 shares in Advanced Micro Devices (AMD) during the third quarter. Despite a strong Q4 earnings beat, AMD’s stock dropped 11% due to modest Q1 guidance, and increased institutional ownership (71.34%) is noted alongside significant insider selling totaling over $36 million. Analysts maintain a “Moderate Buy” consensus with an average target price of $290.11, following several target upgrades.