Vanguard Personalized Indexing Management LLC grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 8.7% in the fourth quarter, HoldingsChannel reports. The fund owned 226,714 shares of the semiconductor manufacturer’s stock after buying an additional 18,059 shares during the period. Advanced Micro Devices makes up about 0.5% of Vanguard Personalized Indexing Management LLC’s portfolio, making the stock its 25th largest holding. Vanguard Personalized Indexing Management LLC’s holdings in Advanced Micro Devices were worth $48,553,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Joseph Group Capital Management bought a new stake in shares of Advanced Micro Devices during the fourth quarter valued at about $25,000. Sarver Vrooman Wealth Advisors bought a new position in Advanced Micro Devices in the 4th quarter valued at about $27,000. Cornerstone Financial Management LLC acquired a new position in Advanced Micro Devices during the 4th quarter valued at about $27,000. Basepoint Wealth LLC bought a new stake in shares of Advanced Micro Devices during the 4th quarter worth about $30,000. Finally, Aviso Financial Inc. lifted its stake in shares of Advanced Micro Devices by 400.0% in the 3rd quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after acquiring an additional 160 shares during the period. Institutional investors own 71.34% of the company’s stock.
Advanced Micro Devices News Roundup
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Citi upgraded AMD and argued that the market is underpricing its AI GPU upside, boosting confidence in the stock’s AI-driven growth path.
- Positive Sentiment: Bank of America also raised its outlook on AMD, calling it a top CPU pick and pointing to a large agentic AI opportunity across servers and accelerators.
- Positive Sentiment: Multiple reports highlighted rising GPU market-share data and stronger investor focus on AMD’s expanding role in AI hardware, helping semiconductor stocks rally broadly.
Insiders Place Their Bets
Advanced Micro Devices Price Performance
Shares of NASDAQ:AMD opened at $511.57 on Monday. The company has a market capitalization of $834.17 billion, a PE ratio of 167.73, a price-to-earnings-growth ratio of 1.50 and a beta of 2.50. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. The stock has a fifty day moving average of $386.41 and a 200-day moving average of $274.60. Advanced Micro Devices, Inc. has a one year low of $115.06 and a one year high of $546.44.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. The business had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The company’s quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.96 EPS. As a group, equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.2 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research firms recently commented on AMD. DA Davidson raised their price objective on shares of Advanced Micro Devices from $375.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Barclays downgraded Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research report on Friday. Roth Mkm reaffirmed a “buy” rating and set a $500.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, May 6th. Stifel Nicolaus boosted their price objective on Advanced Micro Devices from $320.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, Seaport Research Partners upgraded Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 price objective for the company in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $424.59.
Advanced Micro Devices Company Profile
Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.
Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.
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