Acorns Advisers LLC Has $1.08 Million Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Acorns Advisers LLC increased its holdings in Advanced Micro Devices, Inc. by 36.8%, bringing its total stock position to $1.08 million after purchasing additional shares in the first quarter.
• Significant increases in stock positions were reported by other institutional investors, including Goldman Sachs, which grew its stake by 169.7%, and T. Rowe Price, which increased its stake by 131.5%.
• Despite reporting a revenue of $7.69 billion, AMD missed analysts' earnings per share expectations, indicating ongoing challenges alongside a quarterly revenue increase of 31.7% year-over-year.

Acorns Advisers LLC raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 36.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,532 shares of the semiconductor manufacturer's stock after buying an additional 2,835 shares during the period. Acorns Advisers LLC's holdings in Advanced Micro Devices were worth $1,082,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of 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 worth $15,654,222,000 after purchasing an additional 2,157,199 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Advanced Micro Devices by 9.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 21,401,436 shares of the semiconductor manufacturer's stock valued at $2,585,079,000 after acquiring an additional 1,929,225 shares in the last quarter. Amundi raised its holdings 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 in the last quarter. Invesco Ltd. raised its holdings in Advanced Micro Devices by 4.0% in the first 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Advanced Micro Devices by 4.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer's stock valued at $1,083,815,000 after acquiring an additional 466,048 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Bank of America boosted their target price on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Hsbc Global Res raised shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. Citigroup raised their price objective on shares of Advanced Micro Devices from $145.00 to $165.00 and gave the company a "neutral" rating in a research report on Friday, July 18th. Mizuho raised their price objective on shares of Advanced Micro Devices from $183.00 to $205.00 and gave the company an "outperform" rating in a research report on Thursday, August 14th. Finally, Roth Capital set a $150.00 price objective on shares of Advanced Micro Devices and gave the company a "buy" rating in a research report on Friday, June 13th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Advanced Micro Devices has an average rating of "Moderate Buy" and an average target price of $180.88.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of Advanced Micro Devices stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the sale, the executive vice president owned 313,848 shares in the company, valued at $50,507,558.64. The trade was a 5.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the sale, the chief executive officer owned 3,359,748 shares in the company, valued at $550,897,879.56. This represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 270,198 shares of company stock worth $44,183,576. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Stock Up 1.9%

NASDAQ:AMD traded up $2.90 during mid-day trading on Friday, reaching $158.57. The stock had a trading volume of 42,160,927 shares, compared to its average volume of 42,942,856. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $186.65. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The business's 50 day moving average is $162.72 and its 200 day moving average is $126.75. The stock has a market cap of $257.33 billion, a P/E ratio of 57.87, a PEG ratio of 1.83 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same quarter last year, the business earned $0.69 EPS. The company's revenue for the quarter was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

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.