Texas Bank & Trust Co Acquires 4,650 Shares of Advanced Micro Devices, Inc. $AMD

Texas Bank & Trust Co grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 86.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 10,060 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,650 shares during the quarter. Texas Bank & Trust Co’s holdings in Advanced Micro Devices were worth $1,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Advanced Micro Devices by 1.4% during the first quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer’s stock valued at $15,654,222,000 after buying an additional 2,157,199 shares during the period. Amundi boosted its stake in Advanced Micro Devices by 8.0% in the first quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock valued at $1,677,014,000 after acquiring an additional 1,319,064 shares during the last quarter. Invesco Ltd. grew its position in shares of Advanced Micro Devices by 4.0% during the 1st quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer’s stock valued at $1,214,285,000 after acquiring an additional 450,695 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Advanced Micro Devices by 4.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer’s stock worth $1,083,815,000 after purchasing an additional 466,048 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its holdings in shares of Advanced Micro Devices by 131.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock worth $1,069,846,000 after purchasing an additional 5,915,185 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total value of $2,767,996.00. Following the sale, the executive vice president owned 313,848 shares in the company, valued at approximately $50,507,558.64. This trade represents a 5.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Mark D. Papermaster sold 16,800 shares of Advanced Micro Devices stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total value of $3,767,904.00. Following the sale, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at $384,529,181.40. This represents a 0.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 274,118 shares of company stock worth $46,180,719. 0.06% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on AMD shares. Susquehanna reissued a “positive” rating and set a $300.00 price objective on shares of Advanced Micro Devices in a report on Friday. Sanford C. Bernstein boosted their price objective on Advanced Micro Devices from $95.00 to $140.00 and gave the company a “market perform” rating in a research note on Monday, July 21st. Mizuho upped their price objective on shares of Advanced Micro Devices from $205.00 to $275.00 and gave the company an “outperform” rating in a report on Monday, October 13th. Weiss Ratings lowered shares of Advanced Micro Devices from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, October 8th. Finally, Roth Capital set a $250.00 price target on shares of Advanced Micro Devices and gave the company a “buy” rating in a research report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $237.32.

Advanced Micro Devices Trading Up 0.5%

Shares of AMD opened at $256.12 on Monday. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08. The stock has a market cap of $415.64 billion, a PE ratio of 147.20, a P/E/G ratio of 2.42 and a beta of 1.90. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The business’s 50-day moving average price is $191.16 and its 200-day moving average price is $153.70.

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

Advanced Micro Devices Profile

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.