Generali Investments CEE investicni spolecnost a.s. lifted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 13.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 102,706 shares of the semiconductor manufacturer’s stock after acquiring an additional 12,355 shares during the quarter. Advanced Micro Devices makes up 1.2% of Generali Investments CEE investicni spolecnost a.s.’s holdings, making the stock its 12th biggest holding. Generali Investments CEE investicni spolecnost a.s.’s holdings in Advanced Micro Devices were worth $14,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently made changes to their positions in the company. Tritonpoint Wealth LLC grew its stake in shares of Advanced Micro Devices by 2.6% during the 2nd quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after acquiring an additional 72 shares during the period. Scott & Selber Inc. grew its stake in shares of Advanced Micro Devices by 0.7% during the 2nd quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after acquiring an additional 73 shares during the period. Sandy Cove Advisors LLC grew its stake in shares of Advanced Micro Devices by 1.4% during the 2nd quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after acquiring an additional 75 shares during the period. Pine Haven Investment Counsel Inc grew its stake in shares of Advanced Micro Devices by 3.3% during the 2nd quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock worth $381,000 after acquiring an additional 85 shares during the period. Finally, Seaview Investment Managers LLC grew its stake in shares of Advanced Micro Devices by 4.3% during the 1st quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer’s stock worth $232,000 after acquiring an additional 93 shares during the period. 71.34% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
AMD has been the subject of several research reports. Raymond James Financial increased their price target on Advanced Micro Devices from $120.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 6th. Susquehanna increased their price target on Advanced Micro Devices from $135.00 to $210.00 and gave the stock a “positive” rating in a research note on Wednesday, July 30th. Truist Financial upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and raised their target price for the stock from $173.00 to $213.00 in a research note on Tuesday, August 26th. Bank of America lifted their target price on Advanced Micro Devices from $175.00 to $200.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Finally, UBS Group lifted their target price on Advanced Micro Devices from $150.00 to $210.00 and gave the company a “buy” rating in a report on Monday, July 28th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $180.88.
Insiders Place Their Bets
In related news, CEO Lisa T. Su sold 225,000 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the completion of the sale, the chief executive officer owned 3,359,748 shares in the company, valued at $550,897,879.56. The trade was a 6.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Mark D. Papermaster sold 17,998 shares of the business’s stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the completion of the sale, the executive vice president owned 1,713,710 shares of the company’s stock, valued at $265,676,461.30. The trade was a 1.04% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have 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 AMD opened at $161.79 on Wednesday. The company has a market cap of $262.56 billion, a PE ratio of 92.98, a price-to-earnings-growth ratio of 1.90 and a beta of 1.92. 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 stock has a 50-day moving average price of $165.71 and a 200-day moving average price of $132.34. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $186.65.
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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business’s revenue was up 31.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.
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.
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