Advanced Micro Devices, Inc. $AMD Shares Bought by Analog Century Management LP

Key Points

• Analog Century Management LP increased its stake in Advanced Micro Devices, Inc. (AMD) by 35.5% during the first quarter, holding 605,462 shares valued at approximately $62.2 million.
• Several institutional investors have also increased their positions in AMD, with Toronto Dominion Bank boosting its stake by an impressive 443.3% in the fourth quarter to own over 5.4 million shares.
• AMD reported quarterly earnings of $0.48 per share, missing estimates, but revenue increased by 31.7% year-over-year, totaling $7.69 billion, prompting analysts to adjust their targets with a consensus target price of $181.33.

Analog Century Management LP grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 35.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 605,462 shares of the semiconductor manufacturer's stock after purchasing an additional 158,615 shares during the period. Advanced Micro Devices makes up about 5.0% of Analog Century Management LP's portfolio, making the stock its 8th biggest position. Analog Century Management LP's holdings in Advanced Micro Devices were worth $62,205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Seaview Investment Managers LLC lifted its stake in shares of Advanced Micro Devices by 4.3% in 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 lifted its stake 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 worth $375,000 after acquiring an additional 103 shares during the last quarter. Lifeworks Advisors LLC lifted its stake 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 worth $203,000 after acquiring an additional 104 shares during the last quarter. Vermillion & White Wealth Management Group LLC lifted its stake in shares of Advanced Micro Devices by 29.0% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 467 shares of the semiconductor manufacturer's stock worth $48,000 after acquiring an additional 105 shares during the last quarter. Finally, Alaethes Wealth LLC lifted its stake 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 worth $1,891,000 after acquiring an additional 115 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Insider Transactions at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 10,000 shares of the firm's stock in a transaction on Tuesday, August 12th. The stock was 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 of the company's stock, valued at $21,738,721.05. This trade represents a 7.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the sale, the chief executive officer directly owned 3,359,748 shares of the company's stock, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their position. The disclosure for this sale can be found here. Insiders sold 252,998 shares of company stock valued at $41,415,580 in the last quarter. 0.06% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Stock Down 3.5%

Shares of Advanced Micro Devices stock traded down $5.95 during trading on Monday, reaching $162.63. The company's stock had a trading volume of 37,429,409 shares, compared to its average volume of 61,523,572. 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 company has a market cap of $263.92 billion, a price-to-earnings ratio of 93.47, a P/E/G ratio of 1.93 and a beta of 1.92. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65. The company has a 50-day simple moving average of $159.34 and a two-hundred day simple moving average of $124.08.

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 for the quarter, missing analysts' consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm's revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices announced that its Board of Directors has approved a share buyback program on Wednesday, May 14th that permits the company to buyback $6.00 billion in shares. This buyback authorization permits the semiconductor manufacturer to reacquire up to 3.1% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its stock is undervalued.

Analyst Ratings Changes

AMD has been the subject of a number of research analyst reports. Robert W. Baird decreased their price target on Advanced Micro Devices from $175.00 to $140.00 and set an "outperform" rating for the company in a research note on Wednesday, May 7th. TD Cowen raised their price target on Advanced Micro Devices from $165.00 to $195.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. UBS Group raised their price objective on Advanced Micro Devices from $150.00 to $210.00 and gave the stock a "buy" rating in a report on Monday, July 28th. Raymond James Financial raised their price objective on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Finally, Susquehanna lifted their price target on Advanced Micro Devices from $135.00 to $210.00 and gave the company a "positive" rating in a report on Wednesday, July 30th. Four research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Advanced Micro Devices has a consensus rating of "Moderate Buy" and a consensus price target of $181.33.

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.