Prudential PLC Acquires 11,529 Shares of Advanced Micro Devices, Inc. $AMD

Prudential PLC grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 134,263 shares of the semiconductor manufacturer’s stock after buying an additional 11,529 shares during the quarter. Prudential PLC’s holdings in Advanced Micro Devices were worth $19,052,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its stake in shares of Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after purchasing an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after buying an additional 234 shares during the period. GW&K Investment Management LLC boosted its stake in Advanced Micro Devices by 23.4% during the first quarter. GW&K Investment Management LLC now owns 1,223 shares of the semiconductor manufacturer’s stock worth $126,000 after buying an additional 232 shares during the period. Crestwood Advisors Group LLC raised its stake in shares of Advanced Micro Devices by 42.0% in the first quarter. Crestwood Advisors Group LLC now owns 8,790 shares of the semiconductor manufacturer’s stock valued at $903,000 after acquiring an additional 2,600 shares during the period. Finally, Obermeyer Wealth Partners bought a new stake in shares of Advanced Micro Devices in the 1st quarter worth about $217,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,200 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the sale, the executive vice president owned 313,848 shares of the company’s stock, valued at approximately $50,507,558.64. The trade was a 5.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Ava Hahn sold 2,868 shares of the firm’s stock in a transaction 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 transaction, the senior vice president directly owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 39,118 shares of company stock valued at $7,555,369 in the last ninety days. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Down 2.9%

AMD opened at $223.55 on Thursday. 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 firm has a market cap of $363.95 billion, a price-to-earnings ratio of 128.48, a PEG ratio of 2.42 and a beta of 1.92. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. The stock has a fifty day moving average price of $212.60 and a 200-day moving average price of $166.99.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company had revenue of $9.25 billion for the quarter, compared to analyst estimates of $8.76 billion. During the same quarter in the previous year, the firm earned $0.92 earnings per share. The firm’s quarterly revenue was up 35.6% compared to the same quarter last year. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AMD has been the topic of a number of recent analyst reports. Wells Fargo & Company increased their price objective on shares of Advanced Micro Devices from $300.00 to $345.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 12th. Jefferies Financial Group set a $300.00 target price on Advanced Micro Devices and gave the company a “positive” rating in a research note on Monday, October 6th. Rosenblatt Securities reissued a “buy” rating and set a $300.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Weiss Ratings restated a “hold (c)” rating on shares of Advanced Micro Devices in a report on Thursday, November 13th. Finally, Robert W. Baird set a $300.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, November 5th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $273.49.

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.