Itau Unibanco Holding S.A. Has $5.11 Million Stock Holdings in Advanced Micro Devices, Inc. $AMD

Itau Unibanco Holding S.A. increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 589.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,000 shares of the semiconductor manufacturer’s stock after acquiring an additional 30,779 shares during the period. Itau Unibanco Holding S.A.’s holdings in Advanced Micro Devices were worth $5,108,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Cornerstone Advisory LLC boosted its holdings in Advanced Micro Devices by 1.4% during the second quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer’s stock valued at $606,000 after purchasing an additional 57 shares in the last quarter. King Wealth Management Group lifted its position in shares of Advanced Micro Devices by 2.1% during the 2nd quarter. King Wealth Management Group now owns 3,017 shares of the semiconductor manufacturer’s stock worth $428,000 after buying an additional 62 shares during the period. Tritonpoint Wealth LLC boosted its stake in Advanced Micro Devices by 2.6% in the 2nd quarter. Tritonpoint Wealth LLC now owns 2,857 shares of the semiconductor manufacturer’s stock valued at $405,000 after buying an additional 72 shares in the last quarter. Avion Wealth grew its position in Advanced Micro Devices by 49.3% in the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after acquiring an additional 72 shares during the period. Finally, Scott & Selber Inc. raised its stake in Advanced Micro Devices by 0.7% during the second quarter. Scott & Selber Inc. now owns 10,465 shares of the semiconductor manufacturer’s stock worth $1,485,000 after acquiring an additional 73 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Insider Activity

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,800 shares of the company’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $224.28, for a total value of $3,767,904.00. Following the completion of the sale, the executive vice president owned 1,714,505 shares of the company’s stock, valued at approximately $384,529,181.40. This represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of the stock in a transaction on Monday, October 6th. The stock was 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 owned 9,033 shares in the company, valued at approximately $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 264,118 shares of company stock worth $44,448,619 over the last quarter. 0.06% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on AMD shares. Dbs Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 6th. Citigroup lifted their target price on shares of Advanced Micro Devices from $215.00 to $260.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Sanford C. Bernstein restated a “market perform” rating and set a $200.00 price target on shares of Advanced Micro Devices in a research report on Wednesday. Wells Fargo & Company lifted their price objective on Advanced Micro Devices from $300.00 to $345.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft set a $235.00 price objective on Advanced Micro Devices and gave the stock a “hold” rating in a research note on Tuesday, October 14th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus price target of $273.49.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $246.81 on Friday. The stock has a market cap of $401.82 billion, a price-to-earnings ratio of 141.84, a P/E/G ratio of 2.42 and a beta of 1.93. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05. The business’s 50-day simple moving average is $208.05 and its 200 day simple moving average is $164.18.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.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 prior year, the business posted $0.92 EPS. The firm’s quarterly revenue was up 35.6% on a year-over-year basis. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices Company 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.