Advanced Micro Devices, Inc. $AMD Shares Acquired by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System lifted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 4.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 78,275 shares of the semiconductor manufacturer’s stock after buying an additional 2,993 shares during the period. Maryland State Retirement & Pension System’s holdings in Advanced Micro Devices were worth $11,107,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Tritonpoint Wealth LLC increased its position in Advanced Micro Devices by 2.6% during the second quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock worth $405,000 after buying an additional 72 shares during the period. Scott & Selber Inc. increased its position in Advanced Micro Devices by 0.7% during the second quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after buying an additional 73 shares during the period. Sandy Cove Advisors LLC increased its position in Advanced Micro Devices by 1.4% during the second quarter. Sandy Cove Advisors LLC now owns 5,470 shares of the semiconductor manufacturer’s stock worth $776,000 after buying an additional 75 shares during the period. Pine Haven Investment Counsel Inc increased its position in Advanced Micro Devices by 3.3% during the second quarter. Pine Haven Investment Counsel Inc now owns 2,682 shares of the semiconductor manufacturer’s stock worth $381,000 after buying an additional 85 shares during the period. Finally, Seaview Investment Managers LLC increased its position in Advanced Micro Devices by 4.3% during the first quarter. Seaview Investment Managers LLC now owns 2,256 shares of the semiconductor manufacturer’s stock worth $232,000 after buying an additional 93 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on the company. Melius Research set a $300.00 price target on Advanced Micro Devices in a research report on Monday. Wedbush reissued a “cautious” rating on shares of Advanced Micro Devices in a report on Saturday, August 9th. Erste Group Bank lowered Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Thursday, September 11th. Evercore ISI boosted their target price on Advanced Micro Devices from $188.00 to $240.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, Wells Fargo & Company boosted their target price on Advanced Micro Devices from $185.00 to $275.00 and gave the company an “overweight” rating in a report on Tuesday. Three analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $217.70.

Advanced Micro Devices Trading Up 11.4%

Shares of AMD stock opened at $235.56 on Thursday. The business’s fifty day moving average price is $168.34 and its 200 day moving average price is $135.71. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $235.87. The firm has a market capitalization of $382.28 billion, a PE ratio of 135.38, a P/E/G ratio of 2.50 and a beta of 1.90. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The firm had revenue of $7.69 billion for the quarter, compared to analysts’ expectations of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.69 earnings per share. Advanced Micro Devices has set its Q3 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.

Insiders Place Their Bets

In related news, EVP Forrest Eugene Norrod sold 2,250 shares of the stock in a transaction dated 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 directly owned 311,598 shares in the company, valued at approximately $51,416,785.98. This represents a 0.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Mark D. Papermaster sold 17,998 shares of the stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $155.03, for a total value of $2,790,229.94. Following the transaction, the executive vice president owned 1,713,710 shares in the company, valued at $265,676,461.30. This trade represents a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 275,316 shares of company stock valued at $45,203,045. Insiders own 0.06% of the company’s stock.

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.