Nan Shan Life Insurance Co. Ltd. Buys 14,862 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

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Nan Shan Life Insurance Co. Ltd. raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 4.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 375,893 shares of the semiconductor manufacturer's stock after acquiring an additional 14,862 shares during the quarter. Nan Shan Life Insurance Co. Ltd.'s holdings in Advanced Micro Devices were worth $38,619,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Greenline Partners LLC bought a new stake in Advanced Micro Devices during the fourth quarter valued at about $28,000. Mpwm Advisory Solutions LLC bought a new stake in Advanced Micro Devices during the fourth quarter valued at about $30,000. Farmers & Merchants Trust Co of Chambersburg PA raised its holdings in Advanced Micro Devices by 277.8% during the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 200 shares during the period. American Capital Advisory LLC raised its holdings in Advanced Micro Devices by 90.3% during the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock valued at $28,000 after acquiring an additional 130 shares during the period. Finally, Investors Research Corp raised its holdings in Advanced Micro Devices by 117.9% during the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock valued at $31,000 after acquiring an additional 165 shares during the period. 71.34% of the stock is owned by institutional investors.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the business's stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total transaction of $2,790,229.94. Following the completion of the transaction, the executive vice president owned 1,713,710 shares in the company, valued at $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares of the company's stock, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The disclosure for this sale can be found here. 0.06% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on AMD. Benchmark raised their price objective on Advanced Micro Devices from $170.00 to $210.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Wedbush restated a "cautious" rating on shares of Advanced Micro Devices in a research report on Saturday, August 9th. Melius Research upgraded Advanced Micro Devices from a "hold" rating to a "strong-buy" rating and raised their price objective for the company from $110.00 to $175.00 in a research report on Monday, June 23rd. Robert W. Baird cut their price objective on Advanced Micro Devices from $175.00 to $140.00 and set an "outperform" rating for the company in a research report on Wednesday, May 7th. Finally, TD Cowen raised their price objective on Advanced Micro Devices from $165.00 to $195.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $180.12.

Advanced Micro Devices Trading Up 2.5%

AMD traded up $4.0690 on Friday, hitting $167.7790. The company had a trading volume of 38,017,635 shares, compared to its average volume of 46,924,629. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65. The business's fifty day simple moving average is $154.45 and its 200 day simple moving average is $121.67. The company has a market cap of $272.28 billion, a PE ratio of 96.42, a PEG ratio of 1.95 and a beta of 1.94. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (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 business had revenue of $7.69 billion for the quarter, compared to analysts' expectations of $7.41 billion. During the same quarter last year, the firm earned $0.69 EPS. The firm's quarterly revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices declared that its Board of Directors has initiated a stock buyback plan on Wednesday, May 14th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the semiconductor manufacturer to reacquire up to 3.1% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

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.