Mn Services Vermogensbeheer B.V. Buys 11,900 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Mn Services Vermogensbeheer B.V. increased its stake in Advanced Micro Devices, Inc. (AMD) by 2.0% to $86.18 million, making it the firm's 27th largest position.
• Significant activity was noted among other institutional investors, with firms like Sandy Cove Advisors LLC and Tompkins Financial Corp also increasing their holdings in AMD during Q2.
• Advanced Micro Devices' stock received several upgrades from analysts, with Wells Fargo raising its price target from $120.00 to $185.00 and a consensus average price target of $180.88 among 35 analysts.

Mn Services Vermogensbeheer B.V. increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 2.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 607,296 shares of the semiconductor manufacturer's stock after buying an additional 11,900 shares during the quarter. Advanced Micro Devices comprises 0.6% of Mn Services Vermogensbeheer B.V.'s investment portfolio, making the stock its 27th biggest holding. Mn Services Vermogensbeheer B.V.'s holdings in Advanced Micro Devices were worth $86,175,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in AMD. Brighton Jones LLC grew its stake in Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock worth $5,551,000 after buying an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock valued at $1,001,000 after purchasing an additional 234 shares during the last quarter. Bank Pictet & Cie Europe AG grew its stake in shares of Advanced Micro Devices by 12.7% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 264,574 shares of the semiconductor manufacturer's stock valued at $31,958,000 after purchasing an additional 29,825 shares during the last quarter. Zurich Insurance Group Ltd FI purchased a new position in shares of Advanced Micro Devices in the 4th quarter valued at approximately $17,428,000. Finally, Waverly Advisors LLC grew its stake in shares of Advanced Micro Devices by 238.3% in the 4th quarter. Waverly Advisors LLC now owns 30,274 shares of the semiconductor manufacturer's stock valued at $3,657,000 after purchasing an additional 21,325 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Analyst Upgrades and Downgrades

AMD has been the topic of a number of analyst reports. Wells Fargo & Company lifted their price target on Advanced Micro Devices from $120.00 to $185.00 and gave the company an "overweight" rating in a research note on Wednesday, July 16th. HSBC lowered their price target on Advanced Micro Devices from $200.00 to $185.00 and set a "buy" rating for the company in a research report on Tuesday, September 9th. Wedbush restated a "cautious" rating on shares of Advanced Micro Devices in a research note on Saturday, August 9th. DZ Bank raised Advanced Micro Devices from a "sell" rating to a "hold" rating and set a $165.00 price target on the stock in a research note on Thursday, August 7th. Finally, Hsbc Global Res raised Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $180.88.

Advanced Micro Devices Price Performance

NASDAQ:AMD traded down $0.53 on Friday, hitting $157.39. The company had a trading volume of 55,344,690 shares, compared to its average volume of 42,108,448. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week 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 firm has a 50 day moving average of $165.02 and a two-hundred day moving average of $129.33. The stock has a market capitalization of $255.42 billion, a price-to-earnings ratio of 90.45, a PEG ratio of 1.85 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings data 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). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same quarter in the prior year, the business earned $0.69 earnings per share. The firm's quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,998 shares of the business'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 completion of the sale, the executive vice president directly owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. The trade was a 1.04% decrease in their position. The sale was disclosed in a legal filing 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 stock was sold at an average price of $163.97, for a total transaction 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 approximately $550,897,879.56. The trade was a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 270,198 shares of company stock valued at $44,183,576. 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.