Advanced Micro Devices, Inc. $AMD is BSN CAPITAL PARTNERS Ltd’s 7th Largest Position

BSN CAPITAL PARTNERS Ltd decreased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 25.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 300,000 shares of the semiconductor manufacturer’s stock after selling 100,000 shares during the quarter. Advanced Micro Devices accounts for about 3.3% of BSN CAPITAL PARTNERS Ltd’s holdings, making the stock its 7th biggest holding. BSN CAPITAL PARTNERS Ltd’s holdings in Advanced Micro Devices were worth $42,570,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Tranquility Partners LLC purchased a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $226,000. 1858 Wealth Management LLC boosted its stake in shares of Advanced Micro Devices by 4.8% in the second quarter. 1858 Wealth Management LLC now owns 3,657 shares of the semiconductor manufacturer’s stock valued at $519,000 after purchasing an additional 167 shares during the period. Apollon Financial LLC boosted its stake in shares of Advanced Micro Devices by 6.0% in the second quarter. Apollon Financial LLC now owns 2,071 shares of the semiconductor manufacturer’s stock valued at $294,000 after purchasing an additional 117 shares during the period. Apollon Wealth Management LLC boosted its stake in shares of Advanced Micro Devices by 7.1% in the second quarter. Apollon Wealth Management LLC now owns 75,841 shares of the semiconductor manufacturer’s stock valued at $10,762,000 after purchasing an additional 5,054 shares during the period. Finally, Keener Financial Planning LLC purchased a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $283,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Wall Street Analyst Weigh In

AMD has been the topic of several analyst reports. Raymond James Financial raised their target price on shares of Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, August 6th. Citigroup raised their target price on shares of Advanced Micro Devices from $180.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday. Rosenblatt Securities raised their target price on shares of Advanced Micro Devices from $200.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, October 7th. Jefferies Financial Group set a $300.00 target price on shares of Advanced Micro Devices and gave the company a “positive” rating in a report on Monday, October 6th. Finally, Deutsche Bank Aktiengesellschaft set a $200.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $218.25.

Read Our Latest Research Report on Advanced Micro Devices

Insider Activity at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices stock in a transaction on Monday, October 6th. The shares were sold at an average price of $226.01, for a total value of $648,196.68. Following the transaction, the senior vice president directly owned 9,033 shares of the company’s stock, valued at $2,041,548.33. The trade was a 24.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Forrest Eugene Norrod sold 2,250 shares of Advanced Micro Devices stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the transaction, the executive vice president directly owned 311,598 shares in the company, valued at $51,416,785.98. The trade was a 0.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 275,316 shares of company stock valued at $45,203,045 in the last quarter. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Down 7.8%

AMD stock opened at $214.76 on Friday. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $240.10. The company’s 50 day moving average is $170.33 and its two-hundred day moving average is $137.41. The stock has a market cap of $348.51 billion, a P/E ratio of 123.42, a PEG ratio of 2.53 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last released its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company had revenue of $7.69 billion for the quarter, compared to analyst estimates of $7.41 billion. During the same period in the previous year, the business posted $0.69 EPS. The firm’s revenue for the quarter was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

About Advanced Micro Devices

(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.

Further Reading

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

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