Mizuho Securities Co. Ltd. Has $576,000 Position in Advanced Micro Devices, Inc. $AMD

Mizuho Securities Co. Ltd. raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMDFree Report) by 137.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,060 shares of the semiconductor manufacturer’s stock after buying an additional 2,350 shares during the quarter. Advanced Micro Devices accounts for 2.1% of Mizuho Securities Co. Ltd.’s holdings, making the stock its 16th biggest holding. Mizuho Securities Co. Ltd.’s holdings in Advanced Micro Devices were worth $576,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AMD. Wise Wealth Partners acquired a new position in shares of Advanced Micro Devices in the 2nd quarter valued at approximately $343,000. Waterfront Wealth Inc. bought a new position in Advanced Micro Devices in the second quarter valued at approximately $1,145,000. Parisi Gray Wealth Management acquired a new position in Advanced Micro Devices during the second quarter valued at approximately $343,000. Cornercap Investment Counsel Inc. lifted its stake in Advanced Micro Devices by 43.3% during the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock worth $1,738,000 after purchasing an additional 3,702 shares during the last quarter. Finally, North Forty Two & Co. acquired a new stake in shares of Advanced Micro Devices in the 2nd quarter valued at $237,000. Institutional investors own 71.34% of the company’s stock.

Insider Activity

In other news, SVP Ava Hahn sold 2,868 shares of the business’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the sale, the senior vice president directly owned 9,033 shares of the company’s stock, valued at $2,041,548.33. The trade was a 24.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the company’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the completion of the sale, the executive vice president owned 313,848 shares in the company, valued at $50,507,558.64. This represents a 5.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 39,118 shares of company stock worth $7,555,369 over the last three months. 0.06% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AMD. Wolfe Research set a $300.00 price objective on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. Erste Group Bank downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Thursday, September 11th. Mizuho boosted their price objective on Advanced Micro Devices from $275.00 to $285.00 and gave the company an “outperform” rating in a research note on Wednesday, November 12th. Evercore ISI upped their target price on Advanced Micro Devices from $270.00 to $283.00 and gave the company an “outperform” rating in a research report on Wednesday, November 12th. Finally, CICC Research upgraded Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 target price for the company in a report on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average price target of $273.49.

View Our Latest Research Report on AMD

Advanced Micro Devices Trading Down 2.9%

NASDAQ AMD opened at $223.55 on Thursday. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08. The business has a 50 day moving average price of $212.60 and a 200-day moving average price of $166.99. The company has a market cap of $363.95 billion, a price-to-earnings ratio of 128.48, a P/E/G ratio of 2.42 and a beta of 1.92.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.03. The business had revenue of $9.25 billion during 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%. Advanced Micro Devices’s revenue was up 35.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.92 EPS. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Advanced Micro Devices Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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