Balboa Wealth Partners Has $11.52 Million Stock Holdings in Advanced Micro Devices, Inc. $AMD

Balboa Wealth Partners grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 81,209 shares of the semiconductor manufacturer’s stock after purchasing an additional 403 shares during the period. Advanced Micro Devices comprises approximately 2.3% of Balboa Wealth Partners’ investment portfolio, making the stock its 8th biggest holding. Balboa Wealth Partners’ holdings in Advanced Micro Devices were worth $11,524,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in AMD. Vanguard Group Inc. lifted its position in Advanced Micro Devices by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 152,367,351 shares of the semiconductor manufacturer’s stock worth $15,654,222,000 after buying an additional 2,157,199 shares in the last quarter. Amundi increased its position in shares of 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 acquiring an additional 1,319,064 shares during the last quarter. Invesco Ltd. raised its holdings in Advanced Micro Devices by 4.0% during the first quarter. Invesco Ltd. now owns 11,819,012 shares of the semiconductor manufacturer’s stock worth $1,214,285,000 after acquiring an additional 450,695 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Advanced Micro Devices by 4.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 10,549,100 shares of the semiconductor manufacturer’s stock valued at $1,083,815,000 after purchasing an additional 466,048 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. boosted its position 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 last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $233.08 on Monday. The company has a market cap of $378.25 billion, a P/E ratio of 133.95, a P/E/G ratio of 2.32 and a beta of 1.90. The firm’s fifty day moving average price is $175.96 and its two-hundred day moving average price is $142.07. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $241.20. 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 announced its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.06). The company had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 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 31.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Buying and Selling

In other news, CEO Lisa T. Su sold 225,000 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This trade represents a 6.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mark D. Papermaster sold 16,800 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total value of $3,767,904.00. Following the sale, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at approximately $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 274,118 shares of company stock valued at $46,180,719 in the last ninety days. 0.06% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

AMD has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft set a $235.00 price target on Advanced Micro Devices and gave the stock a “hold” rating in a research report on Tuesday, October 14th. Melius raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $175.00 target price for the company in a research note on Monday, June 23rd. Bank of America boosted their target price on shares of Advanced Micro Devices from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Friday. DZ Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target for the company in a research note on Wednesday, October 8th. Finally, Barclays lifted their price objective on shares of Advanced Micro Devices from $200.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus price target of $233.94.

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.