Meiji Yasuda Life Insurance Co Reduces Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Meiji Yasuda Life Insurance Co has reduced its stake in Advanced Micro Devices, Inc. (AMD) by 42%, resulting in ownership of 51,379 shares valued at approximately $5.28 million.
• Insider trading activity includes CEO Lisa T. Su selling 225,000 shares for around $36.89 million and EVP Mark D. Papermaster selling 17,998 shares.
• AMD's stock has experienced a 6.6% decline recently, with analysts setting a consensus price target of $181.33 amid mixed ratings.

Meiji Yasuda Life Insurance Co reduced its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 42.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,379 shares of the semiconductor manufacturer's stock after selling 37,246 shares during the period. Meiji Yasuda Life Insurance Co's holdings in Advanced Micro Devices were worth $5,279,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in AMD. Greenline Partners LLC purchased a new position in shares of Advanced Micro Devices during the fourth quarter worth approximately $28,000. Mpwm Advisory Solutions LLC acquired a new stake in shares of Advanced Micro Devices during the fourth quarter worth $30,000. Farmers & Merchants Trust Co of Chambersburg PA lifted its holdings in shares of 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 purchasing an additional 200 shares during the period. American Capital Advisory LLC lifted its holdings in 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 acquiring an additional 130 shares during the period. Finally, Investors Research Corp grew its position in Advanced Micro Devices by 117.9% during the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer's stock worth $31,000 after buying an additional 165 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, 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 transaction of $2,790,229.94. Following the completion of the sale, the executive vice president owned 1,713,710 shares of the company's stock, valued at approximately $265,676,461.30. This represents a 1.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 3,359,748 shares of the company's stock, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 252,998 shares of company stock valued at $41,415,580. 0.06% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Stock Down 6.6%

AMD opened at $151.14 on Monday. 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 stock has a market capitalization of $245.28 billion, a price-to-earnings ratio of 86.86, a price-to-earnings-growth ratio of 1.79 and a beta of 1.92. The business has a 50-day moving average of $161.36 and a two-hundred day moving average of $125.70. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (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 analyst estimates of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm's revenue for the quarter was up 31.7% compared to the same quarter last year. During the same period last year, the company posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

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

Analysts Set New Price Targets

AMD has been the subject of several research reports. Raymond James Financial lifted their price target on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. 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. Rosenblatt Securities reaffirmed a "buy" rating and set a $200.00 price target on shares of Advanced Micro Devices in a research note on Friday, June 13th. Barclays lifted their price target on Advanced Micro Devices from $130.00 to $200.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 6th. Finally, Seaport Res Ptn downgraded Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a research note on Thursday. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and an average price target of $181.33.

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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