Stephens Inc. AR Boosts Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Stephens Inc. AR increased its stake in Advanced Micro Devices by 15% in Q2, owning 34,684 shares worth approximately $4.92 million.
• Advanced Micro Devices reported Q2 earnings of $0.48 per share, which fell short of analysts' expectations, despite a revenue increase of 31.7% year-over-year.
• Insider sales included CEO Lisa T. Su selling 225,000 shares for over $36 million, reducing her ownership by 6.28%.

Stephens Inc. AR boosted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 15.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 34,684 shares of the semiconductor manufacturer's stock after buying an additional 4,536 shares during the period. Stephens Inc. AR's holdings in Advanced Micro Devices were worth $4,922,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMD. Kingstone Capital Partners Texas LLC purchased a new stake in Advanced Micro Devices in the 2nd quarter valued at about $958,422,000. Goldman Sachs Group Inc. raised its holdings in 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 valued at $1,012,538,000 after buying an additional 6,200,850 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in Advanced Micro Devices by 131.5% in the 1st 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 buying an additional 5,915,185 shares during the period. Nuveen LLC purchased a new stake in Advanced Micro Devices in the 1st quarter valued at about $436,746,000. Finally, Parnassus Investments LLC raised its holdings in Advanced Micro Devices by 47,883.5% in the 1st quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer's stock valued at $425,592,000 after buying an additional 4,133,785 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Down 1.1%

AMD stock opened at $238.03 on Wednesday. The company's 50 day moving average price is $178.59 and its 200 day moving average price is $143.81. 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 fifty-two week low of $76.48 and a fifty-two week high of $242.88. The firm has a market capitalization of $386.29 billion, a price-to-earnings ratio of 136.80, a PEG ratio of 2.20 and a beta of 1.90.

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 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 analysts' expectations of $7.41 billion. During the same quarter in the previous year, the company posted $0.69 earnings per share. The firm's quarterly 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 research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on AMD shares. Sanford C. Bernstein boosted their price objective on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the company a "market perform" rating in a report on Monday, July 21st. DZ Bank upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $250.00 price target on the stock in a research note on Wednesday, October 8th. The Goldman Sachs Group boosted their price target on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 8th. Hsbc Global Res upgraded shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 10th. Finally, Erste Group Bank lowered shares of Advanced Micro Devices from a "buy" rating to a "hold" rating in a research note on Thursday, September 11th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $233.94.

Insider Activity

In related news, CEO Lisa T. Su sold 225,000 shares of the company's stock in a transaction that occurred 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 in the company, 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Forrest Eugene Norrod sold 2,250 shares of the company's stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total transaction of $371,272.50. Following the sale, the executive vice president owned 311,598 shares in the company, valued at $51,416,785.98. The trade was a 0.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 274,118 shares of company stock valued at $46,180,719. 0.06% of the stock is owned by corporate insiders.

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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