William Blair Investment Management LLC Increases Holdings in Advanced Micro Devices, Inc. $AMD

William Blair Investment Management LLC increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 986.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 606,904 shares of the semiconductor manufacturer’s stock after purchasing an additional 551,021 shares during the period. William Blair Investment Management LLC’s holdings in Advanced Micro Devices were worth $86,120,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Wise Wealth Partners purchased a new position in Advanced Micro Devices in the 2nd quarter valued at about $343,000. Parisi Gray Wealth Management acquired a new stake in shares of Advanced Micro Devices in the 2nd quarter valued at about $343,000. Davis Investment Partners LLC acquired a new stake in Advanced Micro Devices during the second quarter worth about $736,000. REAP Financial Group LLC raised its stake in Advanced Micro Devices by 16.9% during the second quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer’s stock worth $170,000 after acquiring an additional 173 shares during the period. Finally, Sivia Capital Partners LLC raised its stake in Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after acquiring an additional 2,970 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Down 0.6%

Advanced Micro Devices stock opened at $233.08 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $241.20. The firm’s fifty day simple moving average is $175.96 and its 200-day simple moving average is $141.73. 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 company has a market capitalization of $378.25 billion, a P/E ratio of 133.95, a P/E/G ratio of 2.32 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last posted its 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). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. During the same quarter in the previous year, the business posted $0.69 earnings per share. The business’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. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total value of $36,893,250.00. Following the sale, the chief executive officer directly owned 3,359,748 shares in the company, valued at $550,897,879.56. This trade represents a 6.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Paul Darren Grasby sold 10,000 shares of the firm’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the completion of the sale, the executive vice president owned 125,505 shares in the company, valued at $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 274,118 shares of company stock worth $46,180,719 in the last ninety days. 0.06% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Sanford C. Bernstein raised their price target on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the company a “market perform” rating in a research note on Monday, July 21st. Deutsche Bank Aktiengesellschaft set a $235.00 price objective on shares of Advanced Micro Devices and gave the company a “hold” rating in a report on Tuesday. Melius Research set a $300.00 target price on shares of Advanced Micro Devices in a report on Monday, October 6th. Weiss Ratings cut shares of Advanced Micro Devices from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, October 8th. Finally, TD Cowen upped their price target on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $233.94.

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.