Paloma Partners Management Co Grows Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Paloma Partners Management Co increased its stake in Advanced Micro Devices (AMD) by 301.9%, acquiring an additional 3,756 shares and bringing its total holdings to 5,000 shares valued at approximately $514,000.
• Analysts have recently lifted their price targets for AMD, with estimates ranging from $190.00 to $210.00 per share, reflecting a consensus average rating of "Moderate Buy."
• AMD's recent quarterly earnings report showed a net margin of 9.57% with revenues of $7.69 billion, exceeding analysts' expectations despite missing on earnings per share.

Paloma Partners Management Co raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 301.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,000 shares of the semiconductor manufacturer's stock after purchasing an additional 3,756 shares during the quarter. Paloma Partners Management Co's holdings in Advanced Micro Devices were worth $514,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in AMD. Vanguard Group Inc. lifted its position in shares of Advanced Micro Devices by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer's stock worth $15,654,222,000 after purchasing an additional 2,157,199 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Advanced Micro Devices by 9.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 21,401,436 shares of the semiconductor manufacturer's stock worth $2,585,079,000 after acquiring an additional 1,929,225 shares during the last quarter. Invesco Ltd. boosted its position in Advanced Micro Devices by 4.0% in the 1st quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer's stock valued at $1,214,285,000 after buying an additional 450,695 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Advanced Micro Devices by 4.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer's stock valued at $1,083,815,000 after purchasing an additional 466,048 shares during the period. Finally, T. Rowe Price Investment Management Inc. lifted its stake in shares of Advanced Micro Devices by 131.5% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer's stock valued at $1,069,846,000 after purchasing an additional 5,915,185 shares during the period. Institutional investors own 71.34% of the company's stock.

Wall Street Analyst Weigh In

AMD has been the subject of a number of research analyst reports. Barclays lifted their price target on Advanced Micro Devices from $130.00 to $200.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. Evercore ISI upped their price target on shares of Advanced Micro Devices from $144.00 to $188.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Raymond James Financial upped their price target on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Dbs Bank downgraded shares of Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 8th. Finally, HSBC upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $200.00 price target for the company in a report on Thursday, July 10th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and a consensus price target of $181.33.

Insider Activity

In related news, EVP Paul Darren Grasby sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the completion of the transaction, the executive vice president directly owned 125,505 shares of the company's stock, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Lisa T. Su sold 225,000 shares of the firm's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the sale, the chief executive officer owned 3,359,748 shares in the company, 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. Insiders sold 252,998 shares of company stock valued at $41,415,580 in the last three months. Company insiders own 0.06% of the company's stock.

Advanced Micro Devices Stock Down 0.1%

Shares of NASDAQ AMD traded down $0.19 during trading on Thursday, hitting $161.94. 27,064,991 shares of the company traded hands, compared to its average volume of 46,483,156. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $186.65. The firm has a market capitalization of $262.80 billion, a price-to-earnings ratio of 93.07, a P/E/G ratio of 1.93 and a beta of 1.92. The business's fifty day moving average is $160.85 and its 200 day moving average is $124.95.

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 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 company had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same period in the prior year, the company earned $0.69 earnings per share. The firm's revenue was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Advanced Micro Devices announced that its board has approved a stock repurchase program on Wednesday, May 14th that allows the company to buyback $6.00 billion in outstanding shares. This buyback authorization allows the semiconductor manufacturer to buy up to 3.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its stock is undervalued.

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.