American Century Companies Inc. Lowers Stake in Advanced Micro Devices, Inc. $AMD

American Century Companies Inc. lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 20.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,012 shares of the semiconductor manufacturer's stock after selling 41,512 shares during the period. American Century Companies Inc.'s holdings in Advanced Micro Devices were worth $16,953,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Seaview Investment Managers LLC increased its position in shares of Advanced Micro Devices by 4.3% during the 1st quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer's stock valued at $232,000 after purchasing an additional 93 shares during the last quarter. Peterson Wealth Services increased its position in shares of Advanced Micro Devices by 2.9% during the 1st quarter. Peterson Wealth Services now owns 3,650 shares of the semiconductor manufacturer's stock valued at $375,000 after purchasing an additional 103 shares during the last quarter. Lifeworks Advisors LLC increased its position in shares of Advanced Micro Devices by 5.6% during the 1st quarter. Lifeworks Advisors LLC now owns 1,974 shares of the semiconductor manufacturer's stock valued at $203,000 after purchasing an additional 104 shares during the last quarter. Alaethes Wealth LLC increased its position in shares of Advanced Micro Devices by 0.7% during the 4th quarter. Alaethes Wealth LLC now owns 15,656 shares of the semiconductor manufacturer's stock valued at $1,891,000 after purchasing an additional 115 shares during the last quarter. Finally, Sunflower Bank N.A. raised its position in Advanced Micro Devices by 4.3% in the 1st quarter. Sunflower Bank N.A. now owns 2,808 shares of the semiconductor manufacturer's stock worth $288,000 after purchasing an additional 116 shares during the period. Hedge funds and other institutional investors own 71.34% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AMD. Benchmark increased their price objective on shares of Advanced Micro Devices from $170.00 to $210.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Piper Sandler increased their price objective on shares of Advanced Micro Devices from $140.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 6th. TD Cowen lifted their target price on Advanced Micro Devices from $165.00 to $195.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Wells Fargo & Company lifted their target price on Advanced Micro Devices from $120.00 to $185.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. Finally, JPMorgan Chase & Co. lifted their target price on Advanced Micro Devices from $120.00 to $180.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 6th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and an average price target of $180.12.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock traded down $4.40 during trading hours on Monday, hitting $163.36. 36,030,531 shares of the stock traded hands, compared to its average volume of 70,988,472. 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 firm's 50 day moving average price is $155.48 and its 200-day moving average price is $122.16. The stock has a market capitalization of $265.11 billion, a price-to-earnings ratio of 93.89, a P/E/G ratio of 1.98 and a beta of 1.94. 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 issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.54 by ($0.06). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company had revenue of $7.69 billion during the quarter, compared to analysts' expectations of $7.41 billion. During the same quarter in the previous year, the company earned $0.69 EPS. The firm's quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Advanced Micro Devices announced that its board has approved a share buyback plan on Wednesday, May 14th that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the semiconductor manufacturer to buy up to 3.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's management believes its shares are undervalued.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction dated 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 sale, the executive vice president owned 125,505 shares in the company, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the sale, the chief executive officer owned 3,359,748 shares of the company's stock, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 252,998 shares of company stock valued at $41,415,580. 0.06% of the stock is owned by corporate insiders.

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.