Profund Advisors LLC Acquires 11,717 Shares of Advanced Micro Devices, Inc. $AMD

Profund Advisors LLC lifted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 221,797 shares of the semiconductor manufacturer’s stock after purchasing an additional 11,717 shares during the quarter. Advanced Micro Devices accounts for approximately 1.1% of Profund Advisors LLC’s investment portfolio, making the stock its 12th largest position. Profund Advisors LLC’s holdings in Advanced Micro Devices were worth $31,473,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Cornerstone Advisory LLC grew its holdings in shares of Advanced Micro Devices by 1.4% in the second quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer’s stock worth $606,000 after purchasing an additional 57 shares during the last quarter. Tritonpoint Wealth LLC lifted its holdings 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 valued at $405,000 after purchasing an additional 72 shares during the last quarter. Avion Wealth boosted its stake in Advanced Micro Devices by 49.3% in the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 72 shares in the last quarter. Scott & Selber Inc. increased its position in shares of Advanced Micro Devices by 0.7% in the 2nd quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock valued at $1,485,000 after acquiring an additional 73 shares during the period. Finally, Sandy Cove Advisors LLC raised its position in 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 buying an additional 75 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on AMD shares. Bank of America raised their target price on Advanced Micro Devices from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, October 17th. The Goldman Sachs Group upped their target price on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the company a “neutral” rating in a research report on Wednesday, October 8th. Erste Group Bank downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Thursday, September 11th. Wolfe Research set a $300.00 price target on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Finally, Stifel Nicolaus increased their price objective on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average target price of $263.26.

Insider Activity

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction dated 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 transaction, 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Ava Hahn sold 2,868 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the sale, the senior vice president directly owned 9,033 shares in the company, valued at $2,041,548.33. This trade represents a 24.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 274,118 shares of company stock valued at $46,180,719 over the last ninety days. 0.06% of the stock is currently owned by company insiders.

Advanced Micro Devices Stock Down 1.8%

AMD opened at $233.54 on Friday. The company has a market cap of $380.21 billion, a PE ratio of 134.22, a P/E/G ratio of 2.42 and a beta of 1.93. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The business has a 50 day moving average price of $199.34 and a two-hundred day moving average price of $158.85. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping 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 firm had revenue of $9.25 billion during the quarter, compared to the consensus estimate of $8.76 billion. During the same period last year, the company earned $0.92 earnings per share. The company’s revenue for the quarter was up 35.6% on a year-over-year basis. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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.