Advanced Micro Devices, Inc. $AMD Shares Acquired by NFJ Investment Group LLC

Key Points

• NFJ Investment Group LLC significantly increased its stake in Advanced Micro Devices, Inc. by 86.2%, now holding 262,622 shares valued at approximately $26.98 million.
• Analysts have raised price targets for AMD, with Mizuho setting a new target of $205 and UBS increasing theirs to $210, highlighting strong confidence in the stock's performance.
• Insiders, including CEO Lisa T. Su, have sold substantial amounts of stock recently, totaling over $41 million in shares, reflecting a decrease in their ownership percentages.

NFJ Investment Group LLC grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 86.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 262,622 shares of the semiconductor manufacturer's stock after purchasing an additional 121,595 shares during the quarter. NFJ Investment Group LLC's holdings in Advanced Micro Devices were worth $26,982,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Greenline Partners LLC acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at about $28,000. Mpwm Advisory Solutions LLC acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at about $30,000. Farmers & Merchants Trust Co of Chambersburg PA raised its stake in shares of Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock valued at $28,000 after purchasing an additional 200 shares in the last quarter. American Capital Advisory LLC raised its stake in shares of Advanced Micro Devices by 90.3% in the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock valued at $28,000 after purchasing an additional 130 shares in the last quarter. Finally, Investors Research Corp raised its stake in Advanced Micro Devices by 117.9% during the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock worth $31,000 after acquiring an additional 165 shares during the period. Institutional investors and hedge funds own 71.34% of the company's stock.

Insider Activity

In other news, EVP Paul Darren Grasby sold 10,000 shares of the 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 completion of the transaction, the executive vice president directly owned 125,505 shares in the company, valued at $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction that occurred on Tuesday, July 15th. The shares were 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 of the company's stock, valued at $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 252,998 shares of company stock worth $41,415,580 over the last three months. Corporate insiders own 0.06% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Bank of America increased their price objective on shares of Advanced Micro Devices from $175.00 to $200.00 and gave the stock a "buy" rating in a research note on Tuesday, July 29th. The Goldman Sachs Group upgraded shares of Advanced Micro Devices to a "hold" rating and set a $140.00 price objective on the stock in a research note on Thursday, July 10th. Seaport Res Ptn lowered shares of Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a research note on Thursday. HSBC upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $200.00 price objective on the stock in a research note on Thursday, July 10th. Finally, Melius upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price objective on the stock in a research note on Monday, June 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $181.33.

Advanced Micro Devices Stock Performance

NASDAQ AMD traded down $10.65 on Friday, hitting $151.14. The stock had a trading volume of 77,891,119 shares, compared to its average volume of 48,056,704. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $186.65. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The stock has a market cap of $245.28 billion, a price-to-earnings ratio of 86.86, a P/E/G ratio of 1.78 and a beta of 1.92. The company's 50-day moving average is $161.36 and its two-hundred day moving average is $125.62.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings data 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). The company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company's revenue was up 31.7% on a year-over-year basis. During the same quarter last year, the business earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices announced that its board has approved a stock repurchase plan on Wednesday, May 14th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the semiconductor manufacturer to purchase up to 3.1% of its shares through open market purchases. Shares buyback plans are typically an indication 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.