University of Texas Texas AM Investment Management Co. Invests $1.35 Million in Advanced Micro Devices, Inc. $AMD

University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 9,522 shares of the semiconductor manufacturer’s stock, valued at approximately $1,351,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Darden Wealth Group Inc acquired a new stake in Advanced Micro Devices in the second quarter worth approximately $439,000. Whipplewood Advisors LLC raised its stake in shares of Advanced Micro Devices by 20.2% in the 2nd quarter. Whipplewood Advisors LLC now owns 2,438 shares of the semiconductor manufacturer’s stock worth $346,000 after buying an additional 409 shares in the last quarter. Linden Thomas Advisory Services LLC raised its stake in shares of Advanced Micro Devices by 3.1% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 21,836 shares of the semiconductor manufacturer’s stock worth $3,099,000 after buying an additional 665 shares in the last quarter. Kornitzer Capital Management Inc. KS lifted its holdings in shares of Advanced Micro Devices by 59.7% in the second quarter. Kornitzer Capital Management Inc. KS now owns 7,625 shares of the semiconductor manufacturer’s stock valued at $1,082,000 after buying an additional 2,850 shares during the period. Finally, Leavell Investment Management Inc. boosted its stake in Advanced Micro Devices by 9.9% during the second quarter. Leavell Investment Management Inc. now owns 11,504 shares of the semiconductor manufacturer’s stock valued at $1,632,000 after buying an additional 1,034 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Mizuho upped their price target on shares of Advanced Micro Devices from $205.00 to $275.00 and gave the company an “outperform” rating in a report on Monday, October 13th. Sanford C. Bernstein increased their target price on shares of Advanced Micro Devices from $95.00 to $140.00 and gave the company a “market perform” rating in a research note on Monday, July 21st. UBS Group lifted their price target on shares of Advanced Micro Devices from $210.00 to $265.00 and gave the stock a “buy” rating in a research report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft set a $235.00 price objective on Advanced Micro Devices and gave the company a “hold” rating in a research report on Tuesday, October 14th. Finally, Truist Financial reissued a “buy” rating and issued a $273.00 target price (up from $213.00) on shares of Advanced Micro Devices in a research report on Tuesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $233.94.

Advanced Micro Devices Trading Up 7.6%

NASDAQ:AMD opened at $252.92 on Friday. The company has a market capitalization of $410.45 billion, a P/E ratio of 145.36, a P/E/G ratio of 2.31 and a beta of 1.90. The stock’s 50 day moving average price is $182.09 and its 200 day moving average price is $147.13. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $253.39.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The business had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. Advanced Micro Devices’s revenue was up 31.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total transaction of $1,732,100.00. Following the transaction, the executive vice president directly owned 125,505 shares in the company, valued at $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark D. Papermaster sold 16,800 shares of the business’s stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at $384,529,181.40. This represents a 0.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 274,118 shares of company stock valued at $46,180,719 in the last three months. 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.