5,736 Shares of Advanced Micro Devices, Inc. $AMD Bought by Pensioenfonds Rail & OV

Pensioenfonds Rail & OV acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 5,736 shares of the semiconductor manufacturer’s stock, valued at approximately $3,509,000.

Other institutional investors and hedge funds have also modified their holdings of the company. DecisionPoint Financial LLC grew its holdings in Advanced Micro Devices by 79.2% during the third quarter. DecisionPoint Financial LLC now owns 43 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 19 shares during the period. MJT & Associates Financial Advisory Group Inc. purchased a new position in Advanced Micro Devices during the third quarter valued at approximately $29,000. JNBA Financial Advisors raised its position in Advanced Micro Devices by 142.9% during the second quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock valued at $30,000 after acquiring an additional 30 shares in the last quarter. Downshift Financial LLC lifted its holdings in Advanced Micro Devices by 850.0% in the third quarter. Downshift Financial LLC now owns 57 shares of the semiconductor manufacturer’s stock valued at $35,000 after acquiring an additional 51 shares during the period. Finally, Sawyer & Company Inc acquired a new position in Advanced Micro Devices in the third quarter valued at approximately $37,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices News Roundup

These are some of the AMD news items that stood out recently:

• Positive Sentiment: Google’s selection of AMD EPYC processors for infrastructure supporting its next-generation TPU chips strengthens AMD’s role in hyperscaler AI systems and could support data-center growth. How to Play AMD Stock as Google Picks EPYC for Its Next-Gen TPUs
• Positive Sentiment: Analyst support and Lisa Su’s CEO of the Year recognition reinforce the bullish longer-term narrative around AMD’s recent gains and competitive position, though neither fully offset Friday’s sector weakness. AMD’s Lisa Su named CEO of the year
• Negative Sentiment: Chip stocks sold off as investors reassessed whether Nvidia’s turmoil would benefit competitors or signal wider risks to the AI trade. AMD’s decline also reflected profit-taking after a sharp rally; its elevated valuation may make the stock more vulnerable to sentiment shifts. AMD and other chip stocks slide as Wall Street rethinks the AI trade

Insiders Place Their Bets

In related news, EVP Jean X. Hu sold 15,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the completion of the transaction, the executive vice president owned 160,979 shares in the company, valued at $76,316,924.32. This represents a 8.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 25,000 shares of the firm’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $506.79, for a total transaction of $12,669,750.00. Following the completion of the transaction, the chief executive officer directly owned 74,211 shares in the company, valued at $37,609,392.69. This represents a 25.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 232,588 shares of company stock valued at $116,292,222. 0.50% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

AMD has been the topic of several recent research reports. UBS Group lowered their price objective on Advanced Micro Devices from $730.00 to $700.00 and set a “buy” rating on the stock in a research report on Wednesday, November 4th. Piper Sandler lowered shares of Advanced Micro Devices from an “overweight” rating to a “neutral” rating in a report on Thursday. Roth Capital began coverage on shares of Advanced Micro Devices in a research note on Thursday. They issued a “buy” rating for the company. Mizuho lowered their price target on shares of Advanced Micro Devices from $705.00 to $610.00 and set an “outperform” rating on the stock in a report on Wednesday, November 4th. Finally, Bank of America increased their price target on shares of Advanced Micro Devices from $650.00 to $700.00 and gave the stock a “buy” rating in a report on Thursday. Three research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $640.11.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock traded down $51.24 during trading on Friday, reaching $534.06. The company had a trading volume of 49,061,909 shares, compared to its average volume of 33,352,236. The firm has a market capitalization of $875.90 billion, a PE ratio of 116.10, a price-to-earnings-growth ratio of 5.63 and a beta of 2.49. The firm’s 50-day simple moving average is $554.55 and its 200 day simple moving average is $422.13. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.93 and a current ratio of 2.72. Advanced Micro Devices, Inc. has a 1-year low of $188.22 and a 1-year high of $658.52.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.95 by $0.14. The company had revenue of $13.38 billion during the quarter, compared to analysts’ expectations of $13.10 billion. Advanced Micro Devices had a net margin of 16.77% and a return on equity of 14.15%. The firm’s revenue for the quarter was up 44.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.20 earnings per share. As a group, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 6.93 earnings per share for the current fiscal year.

About Advanced Micro Devices

Advanced Micro Devices, Inc. (AMD) is a semiconductor company that designs processors, graphics products and adaptive computing solutions. Its products serve data center, personal computing, gaming, embedded and other markets. AMD is a fabless chip designer, relying on third-party manufacturing partners to produce its semiconductors. The company’s product portfolio includes EPYC server processors, Ryzen desktop and laptop processors, Radeon graphics products, Instinct accelerators for data center computing, and adaptive chips and systems used in embedded applications.