Howard Capital Management Inc. Increases Stock Position in Advanced Micro Devices, Inc. $AMD

Howard Capital Management Inc. increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 11.8% in the 2nd quarter, Holdings Channel reports. The firm owned 70,893 shares of the semiconductor manufacturer’s stock after buying an additional 7,486 shares during the period. Howard Capital Management Inc.’s holdings in Advanced Micro Devices were worth $10,060,000 as of its most recent filing with the Securities & Exchange Commission.

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

Advanced Micro Devices Stock Performance

AMD opened at $259.67 on Tuesday. The company has a 50 day simple moving average of $183.76 and a two-hundred day simple moving average of $148.62. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81. The firm has a market cap of $421.40 billion, a P/E ratio of 149.24, a PEG ratio of 2.31 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $260.42.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data 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 firm had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm’s revenue for the quarter was up 31.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Paul Darren Grasby sold 10,000 shares of the business’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value 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. The trade was a 7.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 16,800 shares of the 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 sale, the executive vice president 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. Over the last ninety days, insiders sold 274,118 shares of company stock valued at $46,180,719. Insiders own 0.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on AMD shares. Piper Sandler restated an “overweight” rating and set a $240.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, October 7th. Melius Research set a $300.00 price objective on shares of Advanced Micro Devices in a report on Monday, October 6th. The Goldman Sachs Group boosted their target price on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the company a “neutral” rating in a research report on Wednesday, October 8th. TD Cowen increased their price target on shares of Advanced Micro Devices from $165.00 to $195.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Advanced Micro Devices from $120.00 to $180.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $233.94.

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.