BSN CAPITAL PARTNERS Ltd Has $42.58 Million Position in Advanced Micro Devices, Inc. $AMD

Key Points

• BSN CAPITAL PARTNERS Ltd increased its stake in Advanced Micro Devices, Inc. by 92.3%, owning 400,000 shares valued at approximately $42.6 million, making it the fund's 9th largest holding.
• Despite a 0.8% decline in its stock price to $176.14, Advanced Micro Devices reported a 31.7% year-over-year revenue increase of $7.69 billion for the quarter, though EPS fell short of analysts' expectations.
• Advanced Micro Devices' board approved a $6 billion stock buyback plan, indicating confidence in its stock value, while several analysts raised their price targets for the stock, suggesting positive sentiment.

BSN CAPITAL PARTNERS Ltd lifted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 92.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 400,000 shares of the semiconductor manufacturer's stock after acquiring an additional 192,000 shares during the period. Advanced Micro Devices comprises approximately 2.1% of BSN CAPITAL PARTNERS Ltd's holdings, making the stock its 9th largest holding. BSN CAPITAL PARTNERS Ltd's holdings in Advanced Micro Devices were worth $42,576,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Toronto Dominion Bank lifted its holdings in shares of Advanced Micro Devices by 443.3% during the fourth quarter. Toronto Dominion Bank now owns 5,467,956 shares of the semiconductor manufacturer's stock valued at $660,475,000 after purchasing an additional 4,461,609 shares during the last quarter. Bank Pictet & Cie Europe AG grew its holdings in Advanced Micro Devices by 12.7% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 264,574 shares of the semiconductor manufacturer's stock valued at $31,958,000 after buying an additional 29,825 shares during the last quarter. Valicenti Advisory Services Inc. lifted its position in shares of Advanced Micro Devices by 4.0% in the 1st quarter. Valicenti Advisory Services Inc. now owns 76,826 shares of the semiconductor manufacturer's stock worth $7,893,000 after acquiring an additional 2,944 shares during the period. Sound Income Strategies LLC lifted its position in shares of Advanced Micro Devices by 17.2% in the 1st quarter. Sound Income Strategies LLC now owns 1,728 shares of the semiconductor manufacturer's stock worth $178,000 after acquiring an additional 253 shares during the period. Finally, Brighton Jones LLC lifted its position in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock worth $5,551,000 after buying an additional 29,438 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on AMD shares. Wall Street Zen upgraded Advanced Micro Devices from a "sell" rating to a "hold" rating in a research report on Monday, May 12th. Benchmark boosted their target price on Advanced Micro Devices from $170.00 to $210.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Piper Sandler boosted their price target on Advanced Micro Devices from $140.00 to $190.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Susquehanna boosted 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. Finally, Sanford C. Bernstein boosted their price target on Advanced Micro Devices from $95.00 to $140.00 and gave the company a "market perform" rating in a report on Monday, July 21st. Four investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $180.12.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,998 shares of the firm's stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the sale, the executive vice president owned 1,713,710 shares of the company's stock, valued at approximately $265,676,461.30. This trade represents a 1.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the firm's stock in a transaction 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 sale, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.06% of the company's stock.

Advanced Micro Devices Stock Performance

NASDAQ:AMD traded up $4.0690 on Friday, hitting $167.7790. The company's stock had a trading volume of 38,017,635 shares, compared to its average volume of 46,924,629. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The stock has a fifty day moving average of $154.45 and a two-hundred day moving average of $121.67. The firm has a market capitalization of $272.28 billion, a P/E ratio of 96.42, a price-to-earnings-growth ratio of 1.95 and a beta of 1.94. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $186.65.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released 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). 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 during the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the prior year, the company earned $0.69 EPS. Advanced Micro Devices's quarterly revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts predict 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 authorized a share buyback plan on Wednesday, May 14th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the semiconductor manufacturer to buy up to 3.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its stock is undervalued.

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.