SeaTown Holdings Pte. Ltd. Purchases Shares of 78,000 Advanced Micro Devices, Inc. $AMD

Key Points

• SeaTown Holdings Pte. Ltd. purchased 78,000 shares of Advanced Micro Devices, Inc. (AMD), amounting to approximately $11 million, making it the firm's 4th largest position.
• Several other institutional investors, including Dogwood Wealth Management and West Branch Capital, significantly increased their stakes in AMD during the same quarter.
• Insiders have sold a total of 272,448 shares of AMD worth over $44 million in the last quarter, representing a decrease in their ownership positions.

SeaTown Holdings Pte. Ltd. acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 78,000 shares of the semiconductor manufacturer's stock, valued at approximately $11,068,000. Advanced Micro Devices makes up approximately 6.5% of SeaTown Holdings Pte. Ltd.'s investment portfolio, making the stock its 4th biggest position.

Other large investors have also modified their holdings of the company. Dogwood Wealth Management LLC raised its stake in 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 acquiring an additional 208 shares in the last quarter. West Branch Capital LLC grew its holdings in shares of Advanced Micro Devices by 3,057.1% during the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock worth $31,000 after purchasing an additional 214 shares during the last quarter. Farmers & Merchants Trust Co of Chambersburg PA grew its holdings in shares of Advanced Micro Devices by 277.8% during the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 200 shares during the last quarter. American Capital Advisory LLC increased its position in shares of Advanced Micro Devices by 90.3% during the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 130 shares in the last quarter. Finally, Kozak & Associates Inc. lifted its holdings 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 during the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

Insiders Place Their Bets

In other news, EVP Paul Darren Grasby sold 10,000 shares of the firm'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 value of $1,732,100.00. Following the completion of the sale, the executive vice president directly owned 125,505 shares of the company's stock, valued at $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 available through this hyperlink. Also, EVP Forrest Eugene Norrod sold 2,250 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total value of $371,272.50. Following the completion of the sale, the executive vice president owned 311,598 shares in the company, valued at approximately $51,416,785.98. This trade represents a 0.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 272,448 shares of company stock worth $44,554,848 over the last quarter. 0.06% of the stock is owned by company insiders.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $203.71 on Tuesday. The stock has a market capitalization of $330.59 billion, a P/E ratio of 117.07, a P/E/G ratio of 1.94 and a beta of 1.90. 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 1 year low of $76.48 and a 1 year high of $226.71. The company's fifty day moving average is $166.54 and its two-hundred day moving average is $134.48.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $7.69 billion during the quarter, compared to analysts' expectations of $7.41 billion. During the same period in the previous year, the firm earned $0.69 EPS. 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. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Analyst Upgrades and Downgrades

AMD has been the topic of a number of research reports. Bank of America raised their price target on Advanced Micro Devices from $175.00 to $200.00 and gave the stock a "buy" rating in a research note on Tuesday, July 29th. HSBC lowered their target price on shares of Advanced Micro Devices from $200.00 to $185.00 and set a "buy" rating on the stock in a research report on Tuesday, September 9th. Susquehanna upped their price target on shares of Advanced Micro Devices from $135.00 to $210.00 and gave the company a "positive" rating in a research report on Wednesday, July 30th. Piper Sandler increased their price target on shares of Advanced Micro Devices from $140.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 6th. Finally, Deutsche Bank Aktiengesellschaft set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Advanced Micro Devices currently has an average rating of "Moderate Buy" and a consensus target price of $198.30.

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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