Perbak Capital Partners LLP Invests $325,000 in Advanced Micro Devices, Inc. $AMD

Key Points

• Perbak Capital Partners LLP invested $325,000 in Advanced Micro Devices, acquiring 3,165 shares during the first quarter, while other institutional investors also increased their stakes.
• Advanced Micro Devices reported earnings of $0.48 per share for the last quarter, missing expectations but showing a revenue increase of 31.7% year-over-year at $7.69 billion.
• The company announced a $6 billion share repurchase plan, indicating management's belief that the stock is undervalued amidst recent fluctuations in share prices.

Perbak Capital Partners LLP acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,165 shares of the semiconductor manufacturer's stock, valued at approximately $325,000.

Several other institutional investors have also added to or reduced their stakes in the company. Seaview Investment Managers LLC increased its stake in shares of Advanced Micro Devices by 4.3% in the 1st quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer's stock valued at $232,000 after purchasing an additional 93 shares during the last quarter. Activest Wealth Management grew its position in Advanced Micro Devices by 9.4% in the first quarter. Activest Wealth Management now owns 1,136 shares of the semiconductor manufacturer's stock valued at $117,000 after acquiring an additional 98 shares during the last quarter. Peterson Wealth Services raised its stake in Advanced Micro Devices by 2.9% during the first quarter. Peterson Wealth Services now owns 3,650 shares of the semiconductor manufacturer's stock worth $375,000 after acquiring an additional 103 shares in the last quarter. Lifeworks Advisors LLC lifted its holdings in shares of Advanced Micro Devices by 5.6% in the first quarter. Lifeworks Advisors LLC now owns 1,974 shares of the semiconductor manufacturer's stock worth $203,000 after acquiring an additional 104 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Advanced Micro Devices by 29.0% in the first quarter. Vermillion & White Wealth Management Group LLC now owns 467 shares of the semiconductor manufacturer's stock worth $48,000 after acquiring an additional 105 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Paul Darren Grasby sold 10,000 shares of the business's stock in a transaction 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 transaction, the executive vice president owned 125,505 shares in the company, valued at $21,738,721.05. The trade was a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the sale, the executive vice president owned 1,713,710 shares of the company's stock, valued at approximately $265,676,461.30. The trade was a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 252,998 shares of company stock valued at $41,415,580. 0.06% of the stock is currently owned by insiders.

Advanced Micro Devices Trading Down 0.2%

Shares of AMD stock opened at $162.32 on Wednesday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year 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 stock has a market cap of $263.42 billion, a price-to-earnings ratio of 93.29, a PEG ratio of 1.93 and a beta of 1.92. The stock has a 50-day moving average of $160.48 and a 200-day moving average of $124.69.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its 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 company had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business's revenue was up 31.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices declared that its Board of Directors has initiated a share repurchase plan on Wednesday, May 14th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the semiconductor manufacturer to purchase up to 3.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Analysts Set New Price Targets

A number of research firms recently issued reports on AMD. Truist Financial upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and upped their price objective for the stock from $173.00 to $213.00 in a research report on Tuesday, August 26th. The Goldman Sachs Group upgraded 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. Deutsche Bank Aktiengesellschaft set a $200.00 price objective on Advanced Micro Devices in a report on Wednesday, August 6th. Sanford C. Bernstein upped their target price on Advanced Micro Devices from $95.00 to $140.00 and gave the stock a "market perform" rating in a report on Monday, July 21st. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $200.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 6th. Four analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $181.33.

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.

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