Plato Investment Management Ltd Increases Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Plato Investment Management Ltd significantly increased its stake in Advanced Micro Devices, Inc. by 1,793.5%, acquiring a total of 27,172 shares valued at approximately $2.82 million as of their latest SEC filing.
• A number of large institutional investors, including Vanguard Group Inc. and UBS AM, have also recently raised their positions in AMD, indicating strong interest in the semiconductor company's stock.
• Several Wall Street analysts have updated their ratings and price targets for AMD, with Barclays increasing its target from $130 to $200 and UBS Group raising its target from $150 to $210, reflecting optimistic sentiment about the company's future prospects.

Plato Investment Management Ltd grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 1,793.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,172 shares of the semiconductor manufacturer's stock after acquiring an additional 25,737 shares during the quarter. Plato Investment Management Ltd's holdings in Advanced Micro Devices were worth $2,822,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Seaview Investment Managers LLC grew its holdings in Advanced Micro Devices by 4.3% during the first quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer's stock worth $232,000 after acquiring an additional 93 shares during the period. Activest Wealth Management grew its holdings in Advanced Micro Devices by 9.4% during the first quarter. Activest Wealth Management now owns 1,136 shares of the semiconductor manufacturer's stock worth $117,000 after acquiring an additional 98 shares during the period. Peterson Wealth Services grew its holdings 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 during the period. Lifeworks Advisors LLC grew its holdings in Advanced Micro Devices by 5.6% during 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 period. Finally, Vermillion & White Wealth Management Group LLC grew its holdings in 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 valued at $48,000 after purchasing an additional 105 shares during the period. Institutional investors own 71.34% of the company's stock.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 17,200 shares of the firm's stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the completion of the transaction, the executive vice president directly owned 313,848 shares in the company, valued at $50,507,558.64. This trade represents a 5.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Lisa T. Su sold 225,000 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the transaction, the chief executive officer owned 3,359,748 shares of the company's stock, valued at $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over 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.

Wall Street Analyst Weigh In

AMD has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $200.00 target price on Advanced Micro Devices in a research note on Wednesday, August 6th. Mizuho upped their target price 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. Rosenblatt Securities restated a "buy" rating and set a $200.00 price target on shares of Advanced Micro Devices in a research report on Friday, June 13th. Erste Group Bank downgraded shares of Advanced Micro Devices from a "buy" rating to a "hold" rating in a research report on Thursday. Finally, Barclays upped their price target on shares of Advanced Micro Devices from $130.00 to $200.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $180.88.

Advanced Micro Devices Trading Up 1.9%

NASDAQ:AMD traded up $2.90 on Friday, reaching $158.57. The company's stock had a trading volume of 42,160,927 shares, compared to its average volume of 46,677,555. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65. 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 firm has a market cap of $257.33 billion, a price-to-earnings ratio of 91.13, a price-to-earnings-growth ratio of 1.88 and a beta of 1.92. The stock has a 50 day moving average price of $162.72 and a 200 day moving average price of $126.75.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 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 during the quarter, compared to analysts' expectations of $7.41 billion. During the same quarter in the prior year, the firm earned $0.69 EPS. Advanced Micro Devices's revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

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.