Swiss National Bank Acquires 341,000 Shares of Advanced Micro Devices, Inc. $AMD

Swiss National Bank lifted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,917,975 shares of the semiconductor manufacturer’s stock after purchasing an additional 341,000 shares during the period. Swiss National Bank owned about 0.30% of Advanced Micro Devices worth $697,861,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wise Wealth Partners purchased a new position in Advanced Micro Devices during the 2nd quarter valued at about $343,000. Waterfront Wealth Inc. bought a new position in shares of Advanced Micro Devices during the second quarter valued at approximately $1,145,000. Parisi Gray Wealth Management bought a new position in shares of Advanced Micro Devices during the second quarter valued at approximately $343,000. Cornercap Investment Counsel Inc. increased its holdings 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 valued at $1,738,000 after buying an additional 3,702 shares during the period. Finally, North Forty Two & Co. bought a new position in Advanced Micro Devices in the second quarter worth approximately $237,000. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of AMD stock opened at $206.02 on Friday. 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 debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The firm has a market capitalization of $335.41 billion, a price-to-earnings ratio of 118.40, a PEG ratio of 2.42 and a beta of 1.92. The stock’s 50-day simple moving average is $213.60 and its 200-day simple moving average is $167.26.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. During the same quarter in the previous year, the firm earned $0.92 EPS. Advanced Micro Devices’s 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 analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Activity

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction dated 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 completion of the sale, the executive vice president 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Ava Hahn sold 2,868 shares of the stock in a transaction dated 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 directly owned 9,033 shares in the company, valued at $2,041,548.33. This represents a 24.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 56,226 shares of company stock valued at $11,663,342 over the last ninety days. 0.06% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AMD. Deutsche Bank Aktiengesellschaft set a $235.00 target price on Advanced Micro Devices and gave the company a “hold” rating in a research report on Tuesday, October 14th. Susquehanna reaffirmed a “positive” rating and set a $300.00 price objective on shares of Advanced Micro Devices in a research report on Friday, October 31st. CICC Research upgraded Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 target price on the stock in a research note on Friday, November 7th. Robert W. Baird set a $300.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, November 5th. Finally, Roth Capital restated a “buy” rating and issued a $300.00 price target on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Three equities research 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’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $278.54.

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.