Global X Japan Co. Ltd. Cuts Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Global X Japan Co. Ltd. has reduced its position in Advanced Micro Devices, Inc. by 2.3%, with the fund holding 132,662 shares valued at approximately $18.83 million.
• Several large investors, including Goldman Sachs and T. Rowe Price, have significantly increased their stakes in AMD, with investments rising over 100%.
• AMD's quarterly earnings report showed $0.48 EPS, missing expectations, but revenues were higher than anticipated at $7.69 billion, marking a 31.7% year-over-year increase.

Global X Japan Co. Ltd. decreased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 2.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 132,662 shares of the semiconductor manufacturer's stock after selling 3,101 shares during the period. Advanced Micro Devices accounts for approximately 1.9% of Global X Japan Co. Ltd.'s portfolio, making the stock its 15th biggest holding. Global X Japan Co. Ltd.'s holdings in Advanced Micro Devices were worth $18,825,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA increased its position in Advanced Micro Devices by 277.8% during the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock worth $28,000 after buying an additional 200 shares during the period. American Capital Advisory LLC increased its holdings in shares of Advanced Micro Devices by 90.3% in the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock valued at $28,000 after purchasing an additional 130 shares during the period. Kozak & Associates Inc. increased its holdings in shares of Advanced Micro Devices by 67.6% in the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock valued at $29,000 after purchasing an additional 123 shares during the period. Investors Research Corp increased its holdings in shares of Advanced Micro Devices by 117.9% in the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock valued at $31,000 after purchasing an additional 165 shares during the period. Finally, Bear Mountain Capital Inc. increased its holdings in shares of Advanced Micro Devices by 75.0% in the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer's stock valued at $34,000 after purchasing an additional 150 shares during the period. Institutional investors and hedge funds own 71.34% of the company's stock.

Insiders Place Their Bets

In related news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the transaction, the chief executive officer directly owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total value of $2,767,996.00. Following the transaction, the executive vice president owned 313,848 shares in the company, valued at $50,507,558.64. This trade represents a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 270,198 shares of company stock valued at $44,183,576. 0.06% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on AMD. Jefferies Financial Group boosted their target price on Advanced Micro Devices from $100.00 to $160.00 in a report on Wednesday, July 16th. Mizuho boosted 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. Raymond James Financial boosted their target price on Advanced Micro Devices from $120.00 to $200.00 and gave the company an "outperform" rating in a report on Wednesday, August 6th. Stifel Nicolaus boosted their target price on Advanced Micro Devices from $161.00 to $190.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Finally, Sanford C. Bernstein boosted their target price 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. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $180.88.

Advanced Micro Devices Price Performance

Shares of AMD traded down $0.53 during trading hours on Friday, reaching $157.39. 55,344,690 shares of the company traded hands, compared to its average volume of 42,108,448. 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 stock has a market capitalization of $255.42 billion, a PE ratio of 90.45, a price-to-earnings-growth ratio of 1.85 and a beta of 1.92. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $186.65. The stock has a fifty day simple moving average of $165.02 and a 200 day simple moving average of $129.33.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $7.69 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. 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, research analysts predict 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.