Robeco Institutional Asset Management B.V. Has $31.11 Million Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Robeco Institutional Asset Management B.V. reduced its holdings in Advanced Micro Devices, Inc. (AMD) by 7.1%, now owning $31.11 million worth of shares after selling over 16,000 shares.
• Analyst ratings for AMD have improved significantly, with multiple firms raising their target prices; the company currently holds a consensus rating of "Moderate Buy" and a target price of $180.88.
• Insider activity indicates recent stock sales by executives, including a transaction totaling approximately $2.1 million by EVP Paul Darren Grasby and another significant sale by EVP Forrest Eugene Norrod.

Robeco Institutional Asset Management B.V. cut its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 7.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 219,208 shares of the semiconductor manufacturer's stock after selling 16,707 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Advanced Micro Devices were worth $31,106,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Farmers & Merchants Trust Co of Chambersburg PA boosted its holdings in shares of Advanced Micro Devices by 277.8% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock worth $28,000 after buying an additional 200 shares during the period. American Capital Advisory LLC boosted its holdings in shares of 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. Kozak & Associates Inc. boosted its holdings in shares of Advanced Micro Devices by 67.6% during the 1st quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer's stock worth $29,000 after buying an additional 123 shares during the period. Dogwood Wealth Management LLC boosted its holdings in shares of Advanced Micro Devices by 2,311.1% during the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer's stock worth $30,000 after buying an additional 208 shares during the period. Finally, West Branch Capital LLC boosted its holdings in shares of Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock worth $31,000 after buying an additional 214 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AMD has been the subject of several research analyst reports. Evercore ISI lifted their target price 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. UBS Group lifted their target price on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a "buy" rating in a report on Monday, July 28th. Barclays lifted their target price on shares of Advanced Micro Devices from $130.00 to $200.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. Deutsche Bank Aktiengesellschaft set a $200.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $180.88.

Insider Activity

In other news, EVP Forrest Eugene Norrod sold 2,250 shares of the company's stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the sale, the executive vice president owned 311,598 shares of the company's stock, valued at approximately $51,416,785.98. This represents a 0.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the sale, 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 disclosure for this sale can be found here. In the last 90 days, insiders sold 272,448 shares of company stock worth $44,554,848. Insiders own 0.06% of the company's stock.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $164.67 on Friday. The company has a 50 day moving average of $165.94 and a 200-day moving average of $133.43. 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 company has a market cap of $267.23 billion, a PE ratio of 94.64, a price-to-earnings-growth ratio of 2.00 and a beta of 1.90.

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

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.

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