Police & Firemen s Retirement System of New Jersey Acquires 10,361 Shares of Advanced Micro Devices, Inc. $AMD

Police & Firemen s Retirement System of New Jersey boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 4.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 244,584 shares of the semiconductor manufacturer’s stock after purchasing an additional 10,361 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in Advanced Micro Devices were worth $34,706,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its position in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after acquiring an additional 29,438 shares during the period. Revolve Wealth Partners LLC lifted its stake in Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares during the last quarter. Stephens Inc. AR lifted its stake in Advanced Micro Devices by 10.0% in the first quarter. Stephens Inc. AR now owns 30,148 shares of the semiconductor manufacturer’s stock valued at $3,097,000 after purchasing an additional 2,733 shares during the last quarter. Bridgewater Advisors Inc. purchased a new stake in Advanced Micro Devices in the first quarter worth $586,000. Finally, Bryn Mawr Capital Management LLC raised its stake in shares of Advanced Micro Devices by 38.3% in the first quarter. Bryn Mawr Capital Management LLC now owns 7,172 shares of the semiconductor manufacturer’s stock valued at $737,000 after buying an additional 1,988 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AMD shares. Wedbush reissued an “outperform” rating and issued a $290.00 price objective on shares of Advanced Micro Devices in a report on Wednesday. Bank of America reiterated a “buy” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a research note on Wednesday. Raymond James Financial boosted their price target on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Truist Financial reissued a “buy” rating and set a $279.00 target price (up previously from $273.00) on shares of Advanced Micro Devices in a report on Wednesday, November 5th. Finally, HSBC increased their price objective on Advanced Micro Devices from $185.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Three equities research 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 company. According to data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average target price of $273.49.

Advanced Micro Devices Trading Up 9.0%

Shares of AMD opened at $258.89 on Thursday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08. The company has a market capitalization of $421.48 billion, a P/E ratio of 148.79, a P/E/G ratio of 2.42 and a beta of 1.93. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The firm’s 50 day simple moving average is $204.41 and its 200 day simple moving average is $162.06.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.03. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter last year, the company posted $0.92 EPS. The business’s quarterly revenue was up 35.6% on a year-over-year basis. Advanced Micro Devices has set its Q4 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.

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 16,800 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total value of $3,767,904.00. Following the completion of the sale, the executive vice president owned 1,714,505 shares in the company, valued at $384,529,181.40. The trade was a 0.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of the company’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 completion of the sale, 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 a total of 264,118 shares of company stock valued at $44,448,619 over the last quarter. 0.06% of the stock is owned by company insiders.

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.