Advanced Micro Devices, Inc. $AMD Stock Position Raised by Allianz SE

Allianz SE lifted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 23.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 80,129 shares of the semiconductor manufacturer’s stock after purchasing an additional 15,322 shares during the quarter. Allianz SE’s holdings in Advanced Micro Devices were worth $11,370,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Wise Wealth Partners acquired a new stake in Advanced Micro Devices during the second quarter worth $343,000. Waterfront Wealth Inc. bought a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $1,145,000. Parisi Gray Wealth Management acquired a new position in shares of Advanced Micro Devices during the second quarter valued at $343,000. Cornercap Investment Counsel Inc. raised its stake in shares of Advanced Micro Devices by 43.3% during the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock worth $1,738,000 after buying an additional 3,702 shares during the last quarter. Finally, Davis Investment Partners LLC bought a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at $736,000. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $258.89 on Thursday. 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 company has a market cap of $421.48 billion, a price-to-earnings ratio of 148.79, a PEG ratio of 2.42 and a beta of 1.93. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The firm has a 50 day simple moving average of $204.41 and a 200 day simple moving average of $162.06.

Advanced Micro Devices (NASDAQ:AMD) last released 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. The company had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business’s quarterly revenue was up 35.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.92 earnings per share. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Forrest Eugene Norrod sold 17,200 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the transaction, the executive vice president owned 313,848 shares in the company, valued at approximately $50,507,558.64. The trade was a 5.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction on 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 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 SEC filing for this sale provides additional information. Insiders have sold a total of 264,118 shares of company stock worth $44,448,619 in the last 90 days. 0.06% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

AMD has been the topic of several analyst reports. Benchmark increased their target price on shares of Advanced Micro Devices from $270.00 to $325.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Deutsche Bank Aktiengesellschaft set a $235.00 target price on Advanced Micro Devices and gave the company a “hold” rating in a research report on Tuesday, October 14th. Raymond James Financial raised their price target on Advanced Micro Devices from $120.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, August 6th. Cantor Fitzgerald reiterated an “overweight” rating and set a $350.00 price target on shares of Advanced Micro Devices in a report on Wednesday. Finally, Stifel Nicolaus lifted their target price on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $273.49.

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.