Vanguard Group Inc. lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 1.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 154,648,859 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,281,508 shares during the period. Vanguard Group Inc. owned about 9.53% of Advanced Micro Devices worth $21,944,673,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in AMD. Pinnacle Wealth Planning Services Inc. raised its stake in Advanced Micro Devices by 12.0% during the 2nd quarter. Pinnacle Wealth Planning Services Inc. now owns 9,956 shares of the semiconductor manufacturer’s stock valued at $1,413,000 after purchasing an additional 1,069 shares during the period. Chiron Capital Management LLC raised its position in Advanced Micro Devices by 96.5% during the second quarter. Chiron Capital Management LLC now owns 7,219 shares of the semiconductor manufacturer’s stock valued at $1,024,000 after buying an additional 3,545 shares during the period. Capital Square LLC purchased a new stake in Advanced Micro Devices in the 2nd quarter worth about $203,000. Bulltick Wealth Management LLC lifted its stake in Advanced Micro Devices by 81.3% in the 2nd quarter. Bulltick Wealth Management LLC now owns 6,826 shares of the semiconductor manufacturer’s stock worth $969,000 after acquiring an additional 3,060 shares in the last quarter. Finally, Intrust Bank NA boosted its position in Advanced Micro Devices by 13.4% during the 2nd quarter. Intrust Bank NA now owns 8,160 shares of the semiconductor manufacturer’s stock worth $1,158,000 after acquiring an additional 962 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Insider Activity
In related news, EVP Forrest Eugene Norrod sold 2,250 shares of the firm’s stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total value of $371,272.50. Following the transaction, the executive vice president directly owned 311,598 shares in the company, valued at approximately $51,416,785.98. This trade represents a 0.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices stock in a transaction on Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the transaction, the senior vice president owned 9,033 shares in the company, valued at $2,041,548.33. This trade represents a 24.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 264,118 shares of company stock valued at $44,448,619 over the last three months. Corporate insiders own 0.06% of the company’s stock.
Advanced Micro Devices Stock Performance
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.03. The firm had revenue of $9.25 billion during the quarter, compared to analyst estimates of $8.76 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of brokerages have recently weighed in on AMD. UBS Group upped their target price on Advanced Micro Devices from $265.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Morgan Stanley reiterated an “equal weight” rating and issued a $260.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Erste Group Bank cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Thursday, September 11th. TD Cowen increased their price objective on Advanced Micro Devices from $270.00 to $290.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $200.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $273.49.
Read Our Latest Analysis on AMD
Advanced Micro Devices Company 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.
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