Texas Yale Capital Corp. Purchases New Stake in Advanced Micro Devices, Inc. $AMD

Texas Yale Capital Corp. acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 1,840 shares of the semiconductor manufacturer’s stock, valued at approximately $261,000.

Several other hedge funds have also added to or reduced their stakes in AMD. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Advanced Micro Devices during the 2nd quarter worth approximately $958,422,000. Goldman Sachs Group Inc. grew its holdings in Advanced Micro Devices by 169.7% during the first quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock valued at $1,012,538,000 after purchasing an additional 6,200,850 shares during the period. T. Rowe Price Investment Management Inc. grew its holdings in Advanced Micro Devices by 131.5% during the first quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock valued at $1,069,846,000 after purchasing an additional 5,915,185 shares during the period. Nuveen LLC purchased a new stake in Advanced Micro Devices in the first quarter worth $436,746,000. Finally, Parnassus Investments LLC raised its stake in shares of Advanced Micro Devices by 47,883.5% in the first quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock valued at $425,592,000 after buying an additional 4,133,785 shares during the period. Institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on AMD shares. Robert W. Baird set a $300.00 price target on Advanced Micro Devices in a research note on Wednesday. Wells Fargo & Company increased their target price on shares of Advanced Micro Devices from $275.00 to $300.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. CICC Research upgraded shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 target price for the company in a research note on Friday. Morgan Stanley boosted their price target on shares of Advanced Micro Devices from $246.00 to $260.00 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, Piper Sandler raised their price objective on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the stock an “overweight” rating in a report on Wednesday. Three investment 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. Based on data from MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $263.26.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $233.54 on Friday. The company has a 50 day moving average of $199.34 and a 200 day moving average of $158.85. The stock has a market cap of $379.00 billion, a P/E ratio of 134.22, a P/E/G ratio of 2.42 and a beta of 1.93. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. 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 (NASDAQ:AMD) last posted its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, topping 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 business had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. During the same period in the prior year, the company posted $0.92 EPS. The business’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. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 225,000 shares of Advanced Micro Devices stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the sale, the chief executive officer owned 3,359,748 shares of the company’s stock, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of the company’s stock in a transaction dated 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 transaction, the senior vice president owned 9,033 shares in the company, valued at $2,041,548.33. This represents a 24.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 274,118 shares of company stock valued at $46,180,719 in the last ninety days. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Company 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.