Nissay Asset Management Corp Japan ADV Has $52.97 Million Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Nissay Asset Management Corp Japan ADV has reduced its holdings in Advanced Micro Devices, Inc. by 1.1%, selling 5,840 shares in the first quarter, leaving them with 515,580 shares valued at approximately $52.97 million.
• Recent insider trading includes EVP Mark D. Papermaster and CEO Lisa T. Su selling a combined total of 242,998 shares worth over $39 million in various transactions.
• Advanced Micro Devices has initiated a $6 billion share repurchase program, indicating management's confidence in the stock's valuation and potential for future growth.

Nissay Asset Management Corp Japan ADV cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 1.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 515,580 shares of the semiconductor manufacturer's stock after selling 5,840 shares during the period. Nissay Asset Management Corp Japan ADV's holdings in Advanced Micro Devices were worth $52,971,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Greenline Partners LLC purchased a new position in Advanced Micro Devices in the 4th quarter valued at about $28,000. Farmers & Merchants Trust Co of Chambersburg PA raised its stake 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 purchasing an additional 200 shares in the last quarter. American Capital Advisory LLC raised its stake in shares of Advanced Micro Devices by 90.3% in the 1st 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 in the last quarter. Kozak & Associates Inc. raised its stake in shares of Advanced Micro Devices by 67.6% in the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock valued at $29,000 after purchasing an additional 123 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at about $30,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AMD has been the topic of several research reports. Cantor Fitzgerald reiterated an "overweight" rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Melius upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $175.00 price objective on the stock in a research note on Monday, June 23rd. Roth Capital set a $150.00 price objective on shares of Advanced Micro Devices and gave the stock a "buy" rating in a research note on Friday, June 13th. Benchmark increased their price objective on shares of Advanced Micro Devices from $170.00 to $210.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Finally, Sanford C. Bernstein raised their price target on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the company a "market perform" rating in a research note on Monday, July 21st. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $181.33.

Advanced Micro Devices Price Performance

NASDAQ:AMD traded down $10.65 during trading hours on Friday, reaching $151.14. 77,891,119 shares of the company's stock were exchanged, compared to its average volume of 48,056,704. 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 company has a market capitalization of $245.28 billion, a P/E ratio of 86.86, a price-to-earnings-growth 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. The business's 50-day simple moving average is $161.36 and its two-hundred day simple moving average is $125.62.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). The firm had revenue of $7.69 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter last year, the company posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

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

Insider Activity

In other news, EVP Paul Darren Grasby sold 10,000 shares of the firm's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the transaction, the executive vice president owned 125,505 shares in the company, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Mark D. Papermaster sold 17,998 shares of the firm's stock in a transaction 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 transaction, the executive vice president owned 1,713,710 shares in the company, valued at $265,676,461.30. This represents a 1.04% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 252,998 shares of company stock worth $41,415,580. 0.06% of the stock is owned by corporate insiders.

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.