Advanced Micro Devices, Inc. $AMD Shares Sold by FUKOKU MUTUAL LIFE INSURANCE Co

FUKOKU MUTUAL LIFE INSURANCE Co reduced its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 7.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 5,939 shares of the semiconductor manufacturer’s stock after selling 471 shares during the quarter. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Advanced Micro Devices were worth $843,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of AMD. Brighton Jones LLC lifted its holdings in Advanced Micro Devices by 178.2% in the fourth 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 last quarter. Revolve Wealth Partners LLC raised its position 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 period. GW&K Investment Management LLC lifted its stake in shares of Advanced Micro Devices by 23.4% in the 1st quarter. GW&K Investment Management LLC now owns 1,223 shares of the semiconductor manufacturer’s stock valued at $126,000 after purchasing an additional 232 shares during the last quarter. Crestwood Advisors Group LLC lifted its stake in shares of Advanced Micro Devices by 42.0% in the 1st quarter. Crestwood Advisors Group LLC now owns 8,790 shares of the semiconductor manufacturer’s stock valued at $903,000 after purchasing an additional 2,600 shares during the last quarter. Finally, Obermeyer Wealth Partners purchased a new position in shares of Advanced Micro Devices during the 1st quarter worth $217,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 2,250 shares of the firm’s stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total value of $371,272.50. Following the sale, the executive vice president owned 311,598 shares of the company’s stock, valued at $51,416,785.98. This trade represents a 0.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices 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 transaction, the senior vice president owned 9,033 shares of the company’s stock, valued at $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 quarter. Corporate insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on AMD. Bank of America restated a “buy” rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Piper Sandler reissued an “overweight” rating and issued a $280.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. CICC Research raised shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price objective for the company in a research report on Friday, November 7th. Benchmark boosted their target price on Advanced Micro Devices from $270.00 to $325.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Finally, Loop Capital set a $290.00 price target on Advanced Micro Devices and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and a consensus price target of $273.49.

Check Out Our Latest Research Report on Advanced Micro Devices

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $223.55 on Thursday. The firm has a 50 day moving average of $212.60 and a two-hundred day moving average of $166.99. The stock has a market capitalization of $363.95 billion, a PE ratio of 128.48, a P/E/G ratio of 2.42 and a beta of 1.92. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last announced its quarterly earnings data 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 business had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. During the same period last year, the firm earned $0.92 earnings per share. The company’s revenue for the quarter was up 35.6% compared to the same quarter last year. Advanced Micro Devices has set its Q4 2025 guidance at EPS. On average, research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Advanced Micro Devices Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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