7,720 Shares in Advanced Micro Devices, Inc. $AMD Purchased by Nippon Life Global Investors Americas Inc.

Key Points

• Nippon Life Global Investors Americas Inc. has acquired a new position in Advanced Micro Devices, Inc. (AMD), purchasing 7,720 shares valued at approximately $793,000.
• Various institutional investors significantly increased their stakes in AMD during the 4th quarter, with Brighton Jones LLC boosting its position by 178.2%.
• A number of analysts have raised their target prices for AMD shares, with UBS Group setting a new target of $210.00 and giving the stock a "buy" rating.

Nippon Life Global Investors Americas Inc. bought a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 7,720 shares of the semiconductor manufacturer's stock, valued at approximately $793,000.

A number of other hedge funds have also modified their holdings of AMD. Greenline Partners LLC bought a new stake in Advanced Micro Devices in the fourth quarter valued at approximately $28,000. Mpwm Advisory Solutions LLC bought a new stake in Advanced Micro Devices in the fourth quarter valued at approximately $30,000. Farmers & Merchants Trust Co of Chambersburg PA increased its position in shares of Advanced Micro Devices by 277.8% in the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock valued at $28,000 after buying an additional 200 shares in the last quarter. American Capital Advisory LLC raised its stake in Advanced Micro Devices by 90.3% during the 1st quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock worth $28,000 after buying an additional 130 shares during the period. Finally, Investors Research Corp raised its stake in Advanced Micro Devices by 117.9% during the 1st 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 institutional investors and hedge funds.

Insider Activity at Advanced Micro Devices

In related news, EVP Paul Darren Grasby sold 10,000 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the sale, the executive vice president owned 125,505 shares of the company's stock, valued at approximately $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. 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 Advanced Micro Devices stock in a transaction dated 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. This represents a 1.04% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 252,998 shares of company stock valued at $41,415,580. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Stock Down 6.6%

AMD stock traded down $10.65 during trading hours on Friday, reaching $151.14. 77,891,119 shares of the stock were exchanged, compared to its average volume of 48,056,704. 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 firm's 50-day moving average is $161.36 and its 200-day moving average is $125.62. The company has a market cap of $245.28 billion, a price-to-earnings ratio of 86.86, a PEG ratio of 1.78 and a beta of 1.92. 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 released 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 company had revenue of $7.69 billion during 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%. Advanced Micro Devices's revenue was up 31.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices declared that its board has approved a share repurchase program 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 stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its stock is undervalued.

Analysts Set New Price Targets

Several analysts recently commented on AMD shares. TD Cowen raised their price objective on Advanced Micro Devices from $165.00 to $195.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Mizuho raised their price objective on Advanced Micro Devices from $183.00 to $205.00 and gave the stock an "outperform" rating in a research note on Thursday, August 14th. Jefferies Financial Group raised their price objective on Advanced Micro Devices from $100.00 to $160.00 in a research note on Wednesday, July 16th. Roth Capital set a $150.00 price objective on Advanced Micro Devices and gave the stock a "buy" rating in a research note on Friday, June 13th. Finally, Raymond James Financial raised their price objective 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. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average 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.