111 Capital Takes Position in Advanced Micro Devices, Inc. $AMD

Key Points

• 111 Capital acquired a new stake in Advanced Micro Devices, Inc. (AMD), purchasing 10,333 shares valued at approximately $1.47 million in the second quarter.
• Over 71% of AMD's stock is currently owned by institutional investors and hedge funds, indicating strong institutional interest in the company.
• AMD reported $0.48 earnings per share for the last quarter, missing estimates but achieving revenues of $7.69 billion, which surpassed analyst predictions.

111 Capital acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,333 shares of the semiconductor manufacturer's stock, valued at approximately $1,466,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC acquired a new position in Advanced Micro Devices in the second quarter worth $958,422,000. Goldman Sachs Group Inc. lifted its position in Advanced Micro Devices by 169.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer's stock worth $1,012,538,000 after buying an additional 6,200,850 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in Advanced Micro Devices by 131.5% during 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 acquiring an additional 5,915,185 shares during the last quarter. Nuveen LLC acquired a new stake in Advanced Micro Devices in the 1st quarter valued at about $436,746,000. Finally, Parnassus Investments LLC raised its stake in shares of Advanced Micro Devices by 47,883.5% in the first quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer's stock worth $425,592,000 after acquiring an additional 4,133,785 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Price Performance

Shares of AMD opened at $164.67 on Friday. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The stock has a market cap of $267.23 billion, a P/E ratio of 94.64, a price-to-earnings-growth ratio of 2.00 and a beta of 1.90. The stock's 50-day moving average price is $165.94 and its two-hundred day moving average price is $133.43. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share 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 analyst estimates of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business's revenue was up 31.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Activity

In other news, EVP Forrest Eugene Norrod sold 17,200 shares of the business's stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the completion of the transaction, the executive vice president owned 313,848 shares of the company's stock, valued at $50,507,558.64. The trade was a 5.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the company's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the sale, the executive vice president owned 125,505 shares of the company's stock, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 272,448 shares of company stock valued at $44,554,848. 0.06% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on AMD shares. Melius raised shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price target on the stock in a research note on Monday, June 23rd. HSBC decreased their price objective on Advanced Micro Devices from $200.00 to $185.00 and set a "buy" rating on the stock in a research report on Tuesday, September 9th. Susquehanna boosted their target price on Advanced Micro Devices from $135.00 to $210.00 and gave the stock a "positive" rating in a research report on Wednesday, July 30th. Hsbc Global Res raised Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 10th. Finally, Jefferies Financial Group lifted their price objective on Advanced Micro Devices from $100.00 to $160.00 in a research report on Wednesday, July 16th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and an average target price of $180.88.

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.

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