Ensign Peak Advisors Inc Grows Stock Holdings in Advanced Micro Devices, Inc. $AMD

Ensign Peak Advisors Inc grew its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 29.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 498,676 shares of the semiconductor manufacturer’s stock after purchasing an additional 112,410 shares during the period. Ensign Peak Advisors Inc’s holdings in Advanced Micro Devices were worth $70,762,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC raised its stake in shares of Advanced Micro Devices by 178.2% during the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after acquiring an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares during the last quarter. GW&K Investment Management LLC grew its holdings in shares of Advanced Micro Devices by 23.4% during the 1st quarter. GW&K Investment Management LLC now owns 1,223 shares of the semiconductor manufacturer’s stock valued at $126,000 after purchasing an additional 232 shares during the last quarter. Ignite Planners LLC raised its position in Advanced Micro Devices by 7.8% in the 1st quarter. Ignite Planners LLC now owns 3,002 shares of the semiconductor manufacturer’s stock worth $290,000 after purchasing an additional 218 shares during the period. Finally, PFG Advisors lifted its stake in Advanced Micro Devices by 17.3% in the first quarter. PFG Advisors now owns 10,514 shares of the semiconductor manufacturer’s stock worth $1,080,000 after purchasing an additional 1,551 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $206.02 on Friday. The business has a 50 day moving average of $213.60 and a 200 day moving average of $167.26. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08. The company has a market cap of $335.41 billion, a PE ratio of 118.40, a P/E/G ratio of 2.42 and a beta of 1.92. 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 (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The business had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. During the same period in the previous year, the firm earned $0.92 EPS. The company’s quarterly revenue was up 35.6% compared to the same quarter last year. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the sale, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at approximately $411,686,940.60. The trade was a 0.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $160.93, for a total value of $2,767,996.00. Following the completion of the transaction, the executive vice president directly owned 313,848 shares of the company’s stock, 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 have sold 56,226 shares of company stock worth $11,663,342 over the last 90 days. 0.06% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

AMD has been the topic of several analyst reports. Evercore ISI lifted their price objective on Advanced Micro Devices from $270.00 to $283.00 and gave the stock an “outperform” rating in a report on Wednesday, November 12th. DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target on the stock in a research report on Wednesday, October 8th. Truist Financial reiterated a “buy” rating and issued a $279.00 price objective (up previously from $273.00) on shares of Advanced Micro Devices in a research report on Wednesday, November 5th. Piper Sandler restated an “overweight” rating and issued a $280.00 target price on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Finally, Erste Group Bank downgraded shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Thursday, September 11th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $278.54.

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.