Federation des caisses Desjardins du Quebec Boosts Stake in Advanced Micro Devices, Inc. $AMD

Federation des caisses Desjardins du Quebec raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 5.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 269,374 shares of the semiconductor manufacturer's stock after buying an additional 14,915 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in Advanced Micro Devices were worth $27,676,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the company. Perbak Capital Partners LLP bought a new stake in Advanced Micro Devices during the first quarter worth about $325,000. Chiron Capital Management LLC bought a new stake in Advanced Micro Devices during the first quarter worth about $377,000. EP Wealth Advisors LLC lifted its stake in Advanced Micro Devices by 207.0% during the first quarter. EP Wealth Advisors LLC now owns 185,442 shares of the semiconductor manufacturer's stock worth $19,052,000 after purchasing an additional 125,040 shares during the last quarter. 1248 Management LLC lifted its stake in Advanced Micro Devices by 33.9% during the first quarter. 1248 Management LLC now owns 11,475 shares of the semiconductor manufacturer's stock worth $1,179,000 after purchasing an additional 2,906 shares during the last quarter. Finally, Paloma Partners Management Co lifted its stake in Advanced Micro Devices by 301.9% during the first quarter. Paloma Partners Management Co now owns 5,000 shares of the semiconductor manufacturer's stock worth $514,000 after purchasing an additional 3,756 shares during the last quarter. Institutional investors own 71.34% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on AMD shares. DZ Bank raised Advanced Micro Devices from a "sell" rating to a "hold" rating and set a $165.00 price target for the company in a research note on Thursday, August 7th. Robert W. Baird dropped 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. Melius Research raised Advanced Micro Devices from a "hold" rating to a "strong-buy" rating and lifted their price target for the stock from $110.00 to $175.00 in a research note on Monday, June 23rd. The Goldman Sachs Group raised Advanced Micro Devices to a "hold" rating and set a $140.00 price target for the company in a research note on Thursday, July 10th. Finally, Evercore ISI boosted their target price on Advanced Micro Devices from $144.00 to $188.00 and gave the company an "outperform" rating in a research note on Wednesday, August 6th. Four analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $181.33.

Advanced Micro Devices Trading Down 0.2%

NASDAQ AMD opened at $162.32 on Wednesday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $186.65. 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 50-day moving average of $160.48 and a 200-day moving average of $124.69. The firm has a market cap of $263.42 billion, a PE ratio of 93.29, a price-to-earnings-growth ratio of 1.93 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly 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 business 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 company's revenue for the quarter was up 31.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices declared that its board has approved a share repurchase plan on Wednesday, May 14th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the semiconductor manufacturer to reacquire up to 3.1% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its stock is 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 company'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 transaction of $1,732,100.00. Following the completion of the transaction, the executive vice president owned 125,505 shares of the company's stock, valued at $21,738,721.05. This represents a 7.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Mark D. Papermaster sold 17,998 shares of the company's 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 directly owned 1,713,710 shares of the company's stock, valued at $265,676,461.30. The trade was a 1.04% 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 90 days. Insiders own 0.06% of the company's stock.

Advanced Micro Devices 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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