Silicon Valley Capital Partners Purchases 23,817 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Silicon Valley Capital Partners increased its stake in Advanced Micro Devices, purchasing an additional 23,817 shares, bringing its total holdings to 132,529 shares, valued at approximately $13.68 million.
• Several large investors have significantly boosted their positions in AMD, with Goldman Sachs increasing its shares by 169.7% and T. Rowe Price raising its stake by 131.5% in the first quarter.
• Advanced Micro Devices recently reported earnings of $0.48 per share, which missed the consensus estimate of $0.54, despite revenue growth of 31.7% year-over-year.

Silicon Valley Capital Partners grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 21.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 132,529 shares of the semiconductor manufacturer's stock after purchasing an additional 23,817 shares during the quarter. Advanced Micro Devices makes up approximately 1.8% of Silicon Valley Capital Partners' holdings, making the stock its 16th biggest holding. Silicon Valley Capital Partners' holdings in Advanced Micro Devices were worth $13,680,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Goldman Sachs Group Inc. boosted its position in shares of Advanced Micro Devices by 169.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer's stock worth $1,012,538,000 after purchasing an additional 6,200,850 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in Advanced Micro Devices by 131.5% in the first 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 last quarter. Toronto Dominion Bank lifted its stake in Advanced Micro Devices by 443.3% in the fourth quarter. Toronto Dominion Bank now owns 5,467,956 shares of the semiconductor manufacturer's stock valued at $660,475,000 after buying an additional 4,461,609 shares during the period. Nuveen LLC bought a new position in Advanced Micro Devices during the first quarter worth about $436,746,000. Finally, Parnassus Investments LLC grew its position in shares of Advanced Micro Devices by 47,883.5% during the 1st quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer's stock worth $425,592,000 after buying an additional 4,133,785 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the company'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 directly owned 3,359,748 shares of the company's stock, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the sale, the executive vice president owned 125,505 shares of the company's stock, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 252,998 shares of company stock valued at $41,415,580. 0.06% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on AMD shares. Rosenblatt Securities reiterated a "buy" rating and issued a $200.00 price target on shares of Advanced Micro Devices in a research report on Friday, June 13th. Benchmark increased their target price on shares of Advanced Micro Devices from $170.00 to $210.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Cantor Fitzgerald reissued an "overweight" rating and issued a $200.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Melius Research raised Advanced Micro Devices from a "hold" rating to a "strong-buy" rating and raised their price objective for the stock from $110.00 to $175.00 in a research note on Monday, June 23rd. Finally, Roth Capital set a $150.00 target price on Advanced Micro Devices and gave the stock a "buy" rating in a report on Friday, June 13th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $180.88.

Advanced Micro Devices Trading Up 2.4%

Advanced Micro Devices stock opened at $159.54 on Thursday. The company has a market cap of $258.91 billion, a price-to-earnings ratio of 91.69, a P/E/G ratio of 1.84 and a beta of 1.92. The firm has a 50-day moving average of $162.37 and a 200-day moving average of $126.42. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $186.65.

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 (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the previous 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. On average, equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

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

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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