Advanced Micro Devices, Inc. $AMD Shares Bought by Intrust Bank NA

Intrust Bank NA raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,160 shares of the semiconductor manufacturer’s stock after buying an additional 962 shares during the period. Intrust Bank NA’s holdings in Advanced Micro Devices were worth $1,158,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of AMD. Vanguard Group Inc. increased its stake in shares of Advanced Micro Devices by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer’s stock valued at $15,654,222,000 after purchasing an additional 2,157,199 shares in the last quarter. Geode Capital Management LLC grew its holdings in Advanced Micro Devices by 1.4% in the second quarter. Geode Capital Management LLC now owns 36,690,685 shares of the semiconductor manufacturer’s stock valued at $5,181,556,000 after purchasing an additional 514,445 shares during the period. Amundi grew its holdings in Advanced Micro Devices by 8.0% in the first quarter. Amundi now owns 17,829,010 shares of the semiconductor manufacturer’s stock valued at $1,677,014,000 after purchasing an additional 1,319,064 shares during the period. Invesco Ltd. increased its position in shares of Advanced Micro Devices by 4.0% in the first quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer’s stock valued at $1,214,285,000 after buying an additional 450,695 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Advanced Micro Devices by 4.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer’s stock worth $1,083,815,000 after buying an additional 466,048 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $240.52 on Tuesday. The company has a market cap of $391.58 billion, a P/E ratio of 138.23, a P/E/G ratio of 2.42 and a beta of 1.93. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08. The company’s 50-day moving average price is $209.83 and its 200-day moving average price is $165.66. 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 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 net margin of 9.57% and a return on equity of 7.54%. The company had revenue of $9.25 billion during the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter in the prior year, the company earned $0.92 EPS. Advanced Micro Devices’s revenue was up 35.6% compared to the same quarter last year. Advanced Micro Devices has set its Q4 2025 guidance at EPS. On average, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

AMD has been the topic of a number of research analyst reports. Stifel Nicolaus lifted their price target on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Wolfe Research set a $300.00 price objective on shares of Advanced Micro Devices and gave the company an “outperform” rating in a report on Tuesday, October 14th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $200.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Barclays reissued an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Finally, HSBC raised their price target on shares of Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a research note 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 given a Hold rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus price target of $273.49.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 2,250 shares of the business’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total transaction of $371,272.50. Following the transaction, the executive vice president owned 311,598 shares of the company’s stock, valued at approximately $51,416,785.98. The trade was a 0.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of the company’s 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 completion of the sale, the senior vice president owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 264,118 shares of company stock valued at $44,448,619 over the last ninety days. 0.06% of the stock is currently owned by company insiders.

Advanced Micro Devices 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.