Mitsubishi UFJ Trust & Banking Corp Sells 1,676 Shares of Advanced Micro Devices, Inc. $AMD

Mitsubishi UFJ Trust & Banking Corp reduced its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.2% during the second quarter, Holdings Channel.com reports. The firm owned 709,973 shares of the semiconductor manufacturer’s stock after selling 1,676 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Advanced Micro Devices were worth $100,745,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Wise Wealth Partners bought a new stake in shares of Advanced Micro Devices in the 2nd quarter worth $343,000. Waterfront Wealth Inc. purchased a new position in Advanced Micro Devices during the second quarter worth about $1,145,000. Parisi Gray Wealth Management bought a new stake in Advanced Micro Devices in the 2nd quarter worth about $343,000. Cornercap Investment Counsel Inc. increased its stake in Advanced Micro Devices by 43.3% in the 2nd quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock valued at $1,738,000 after buying an additional 3,702 shares during the last quarter. Finally, Davis Investment Partners LLC bought a new position in shares of Advanced Micro Devices during the 2nd quarter worth approximately $736,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 16,800 shares of the firm’s stock in a transaction 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 completion of the transaction, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at $384,529,181.40. This trade represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Ava Hahn sold 2,868 shares of Advanced Micro Devices 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 transaction, the senior vice president owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 264,118 shares of company stock valued at $44,448,619 in the last quarter. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices Stock Down 2.6%

AMD stock opened at $237.52 on Wednesday. The stock has a fifty day moving average of $202.47 and a 200-day moving average of $161.38. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08. The company has a market capitalization of $386.69 billion, a price-to-earnings ratio of 136.51, a PEG ratio of 2.42 and a beta of 1.93. 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 (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, beating the consensus estimate of $1.17 by $0.03. The business had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The company’s revenue was up 35.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 earnings per share. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AMD has been the subject of several recent analyst reports. Wells Fargo & Company upped their target price on Advanced Micro Devices from $275.00 to $300.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Stifel Nicolaus upped their price objective on Advanced Micro Devices from $240.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. HSBC raised their target price on Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Loop Capital set a $290.00 price target on shares of Advanced Micro Devices and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, The Goldman Sachs Group raised their price objective on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “neutral” rating in a report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $263.26.

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.