TT International Asset Management LTD Grows Stock Holdings in Advanced Micro Devices, Inc. $AMD

TT International Asset Management LTD increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 52.3% during the second quarter, Holdings Channel reports. The institutional investor owned 14,000 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,809 shares during the period. TT International Asset Management LTD’s holdings in Advanced Micro Devices were worth $1,987,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA boosted its holdings in 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 buying an additional 200 shares in the last quarter. American Capital Advisory LLC boosted its holdings in 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 buying an additional 130 shares in the last quarter. Kozak & Associates Inc. boosted its holdings in Advanced Micro Devices by 67.6% during the first quarter. Kozak & Associates Inc. now owns 305 shares of the semiconductor manufacturer’s stock worth $29,000 after buying an additional 123 shares in the last quarter. Mpwm Advisory Solutions LLC purchased a new stake in Advanced Micro Devices during the fourth quarter worth about $30,000. Finally, Investors Research Corp boosted its holdings in Advanced Micro Devices by 117.9% during the first quarter. Investors Research Corp now owns 305 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 165 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Jefferies Financial Group lifted their target price on shares of Advanced Micro Devices from $100.00 to $160.00 in a research report on Wednesday, July 16th. JPMorgan Chase & Co. lifted their target price on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 6th. Roth Capital set a $150.00 target price on shares of Advanced Micro Devices and gave the stock a “buy” rating in a research report on Friday, June 13th. Truist Financial upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and lifted their target price for the stock from $173.00 to $213.00 in a research report on Tuesday, August 26th. Finally, Melius upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $175.00 target price for the company in a research report on Monday, June 23rd. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus target price of $180.88.

Advanced Micro Devices Price Performance

AMD opened at $159.16 on Thursday. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $186.65. The company has a 50 day moving average of $164.53 and a two-hundred day moving average of $128.34. The company has a market cap of $258.29 billion, a P/E ratio of 91.47, a P/E/G ratio of 1.89 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data 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 business had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. During the same quarter in the prior year, the firm earned $0.69 earnings per share. Advanced Micro Devices’s quarterly revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 17,200 shares of the company’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value 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 approximately $50,507,558.64. This represents a 5.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 completion of 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. Insiders have sold 270,198 shares of company stock valued at $44,183,576 in the last ninety days. Corporate insiders own 0.06% of the company’s stock.

About Advanced Micro Devices

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.