Czech National Bank Increases Stock Position in Advanced Micro Devices, Inc. $AMD

Key Points

• The Czech National Bank increased its holdings in Advanced Micro Devices, Inc. (AMD) by 6.5%, totaling 396,314 shares worth $56.2 million.
• Wall Street analysts are optimistic about AMD's future, with a consensus rating of "Moderate Buy" and an average target price of $180.88, following various positive upgrades from multiple research firms.
• Insider transactions indicate activity, with executive sales totaling 270,198 shares valued at over $44 million in the last quarter, reflecting a trend of decreasing ownership among executives.

Czech National Bank lifted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 6.5% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 396,314 shares of the semiconductor manufacturer's stock after acquiring an additional 24,115 shares during the quarter. Czech National Bank's holdings in Advanced Micro Devices were worth $56,237,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Parisi Gray Wealth Management purchased a new position in Advanced Micro Devices during the 2nd quarter valued at $343,000. Davis Investment Partners LLC bought a new position in Advanced Micro Devices in the 2nd quarter worth about $736,000. Modern Wealth Management LLC bought a new position in Advanced Micro Devices during the 1st quarter valued at about $644,000. Geneos Wealth Management Inc. lifted its stake in Advanced Micro Devices by 18.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 15,219 shares of the semiconductor manufacturer's stock valued at $1,564,000 after acquiring an additional 2,422 shares during the period. Finally, Doliver Advisors LP bought a new position in Advanced Micro Devices during the 2nd quarter valued at about $386,000. 71.34% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

AMD has been the subject of several research reports. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $200.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Melius raised shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 target price for the company in a report on Monday, June 23rd. Wells Fargo & Company increased their target price on shares of Advanced Micro Devices from $120.00 to $185.00 and gave the stock an "overweight" rating in a report on Wednesday, July 16th. DZ Bank raised shares of Advanced Micro Devices from a "sell" rating to a "hold" rating and set a $165.00 target price for the company in a report on Thursday, August 7th. Finally, Wedbush reissued a "cautious" rating on shares of Advanced Micro Devices in a report on Saturday, August 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $180.88.

Insider Transactions at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction 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 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 can be accessed through the SEC website. 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 value of $2,790,229.94. Following the transaction, the executive vice president owned 1,713,710 shares of the company's stock, valued at $265,676,461.30. This represents a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 270,198 shares of company stock valued at $44,183,576 over the last quarter. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Trading Up 1.6%

AMD stock opened at $161.16 on Tuesday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65. 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 company has a market capitalization of $261.54 billion, a price-to-earnings ratio of 92.62, a PEG ratio of 1.87 and a beta of 1.92. The business has a 50 day simple moving average of $163.66 and a two-hundred day simple moving average of $127.90.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted 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). The firm had revenue of $7.69 billion for 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 firm's revenue was up 31.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

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.

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