Chiron Capital Management LLC Takes Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Chiron Capital Management LLC invested approximately $377,000 into Advanced Micro Devices, buying 3,674 shares in the first quarter.
• Advanced Micro Devices announced a $6 billion share repurchase plan, indicating confidence in the company's stock valuation.
• Recent analyst ratings show a positive outlook for AMD, with four analysts giving a strong buy rating and a consensus target price of $181.33.

Chiron Capital Management LLC acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The fund acquired 3,674 shares of the semiconductor manufacturer's stock, valued at approximately $377,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Greenline Partners LLC bought a new position in Advanced Micro Devices in the 4th quarter worth approximately $28,000. Farmers & Merchants Trust Co of Chambersburg PA grew its stake in 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 buying an additional 200 shares in the last quarter. American Capital Advisory LLC grew its stake in 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 buying an additional 130 shares in the last quarter. Kozak & Associates Inc. grew its stake in Advanced Micro Devices by 67.6% in the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock valued at $29,000 after buying an additional 123 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC purchased a new position in Advanced Micro Devices in the 4th quarter valued at approximately $30,000. Institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Price Performance

NASDAQ:AMD traded down $0.19 during mid-day trading on Thursday, reaching $161.94. The stock had a trading volume of 27,064,991 shares, compared to its average volume of 46,483,156. The firm has a 50 day moving average price of $160.85 and a two-hundred day moving average price of $124.95. The stock has a market capitalization of $262.80 billion, a P/E ratio of 93.07, a P/E/G ratio of 1.93 and a beta of 1.92. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $186.65. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share 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 company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the previous year, the firm posted $0.69 EPS. The business's revenue for the quarter 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, analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

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

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the business's stock in a transaction that occurred 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 in the company, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value 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 $550,897,879.56. The trade was a 6.28% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 252,998 shares of company stock worth $41,415,580. 0.06% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on AMD shares. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $200.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Mizuho lifted their target price on Advanced Micro Devices from $183.00 to $205.00 and gave the company an "outperform" rating in a report on Thursday, August 14th. Bank of America lifted their target price on Advanced Micro Devices from $175.00 to $200.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Evercore ISI lifted their target price on Advanced Micro Devices from $144.00 to $188.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Finally, UBS Group lifted their target price on Advanced Micro Devices from $150.00 to $210.00 and gave the company a "buy" rating in a report on Monday, July 28th. Four analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average 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.