Advanced Micro Devices, Inc. $AMD Stock Holdings Lessened by BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp reduced its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 22.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 381,705 shares of the semiconductor manufacturer’s stock after selling 113,071 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Advanced Micro Devices were worth $39,216,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Greenline Partners LLC bought a new position in shares of Advanced Micro Devices in the 4th quarter worth about $28,000. Mpwm Advisory Solutions LLC bought a new position in shares of Advanced Micro Devices in the 4th quarter worth about $30,000. Farmers & Merchants Trust Co of Chambersburg PA lifted its position in shares of Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 200 shares during the last quarter. American Capital Advisory LLC lifted its position in shares of Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer’s stock worth $28,000 after buying an additional 130 shares during the last quarter. Finally, Investors Research Corp lifted its position in shares of Advanced Micro Devices by 117.9% in the 1st quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 165 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on AMD shares. Wall Street Zen upgraded shares of Advanced Micro Devices from a “sell” rating to a “hold” rating in a research report on Monday, May 12th. Evercore ISI lifted their price objective on shares of Advanced Micro Devices from $144.00 to $188.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Deutsche Bank Aktiengesellschaft set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Citigroup boosted their price target on shares of Advanced Micro Devices from $145.00 to $165.00 and gave the stock a “neutral” rating in a research report on Friday, July 18th. Finally, Susquehanna boosted their price target on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the stock a “positive” rating in a research report on Wednesday, July 30th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $180.12.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $167.76 on Friday. The firm’s 50 day moving average is $155.48 and its 200-day moving average is $122.00. The stock has a market capitalization of $272.25 billion, a P/E ratio of 96.41, a P/E/G ratio of 1.94 and a beta of 1.94. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.06). The business had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Advanced Micro Devices declared that its board has authorized a stock repurchase program on Wednesday, May 14th that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the semiconductor manufacturer to purchase up to 3.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the transaction, the executive vice president directly owned 1,713,710 shares of the company’s stock, valued at $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the transaction, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.06% of the company’s stock.

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.