Generali Asset Management SPA SGR Boosts Stock Holdings in Advanced Micro Devices, Inc. $AMD

Generali Asset Management SPA SGR grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 73.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,160 shares of the semiconductor manufacturer’s stock after purchasing an additional 48,686 shares during the period. Generali Asset Management SPA SGR’s holdings in Advanced Micro Devices were worth $16,341,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $958,422,000. Goldman Sachs Group Inc. grew its stake 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 purchasing an additional 6,200,850 shares during the period. T. Rowe Price Investment Management Inc. increased its position in shares of Advanced Micro Devices by 131.5% during 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 purchasing an additional 5,915,185 shares during the last quarter. Nuveen LLC bought a new stake in shares of Advanced Micro Devices during the 1st quarter worth $436,746,000. Finally, Parnassus Investments LLC boosted its holdings in shares of 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 worth $425,592,000 after buying an additional 4,133,785 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. DZ Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price objective for the company in a report on Wednesday, October 8th. Sanford C. Bernstein increased their target price on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the company a “market perform” rating in a research report on Monday, July 21st. Wedbush restated a “cautious” rating on shares of Advanced Micro Devices in a research note on Saturday, August 9th. TD Cowen lifted their price target on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Finally, Raymond James Financial increased their price objective on Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus price target of $224.97.

Insider Activity

In related news, EVP Paul Darren Grasby sold 10,000 shares of the company’s stock in a transaction that occurred 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 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the sale, the senior vice president owned 9,033 shares in the company, valued at $2,041,548.33. This represents a 24.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 257,318 shares of company stock worth $42,412,815 in the last three months. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $218.09 on Wednesday. The business’s fifty day moving average is $172.00 and its 200 day moving average is $138.97. The firm has a market cap of $353.93 billion, a price-to-earnings ratio of 125.34, a PEG ratio of 2.54 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 52-week low of $76.48 and a 52-week high of $240.10.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 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 during the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the prior year, the business earned $0.69 EPS. The firm’s revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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.