Scotia Capital Inc. Boosts Holdings in Advanced Micro Devices, Inc. $AMD

Scotia Capital Inc. raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 156,657 shares of the semiconductor manufacturer’s stock after buying an additional 2,287 shares during the period. Scotia Capital Inc.’s holdings in Advanced Micro Devices were worth $22,229,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Pinney & Scofield Inc. raised its holdings in Advanced Micro Devices by 81.0% in the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 85 shares during the period. Dogwood Wealth Management LLC increased its position in Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 208 shares in the last quarter. Avion Wealth raised its stake in shares of Advanced Micro Devices by 49.3% in the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 72 shares during the period. West Branch Capital LLC lifted its position in shares of Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after buying an additional 214 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC grew its stake in shares of Advanced Micro Devices by 185.3% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 331 shares of the semiconductor manufacturer’s stock valued at $34,000 after acquiring an additional 215 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Trading Up 3.9%

Shares of Advanced Micro Devices stock opened at $214.24 on Friday. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve 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 has a 50-day moving average price of $218.73 and a 200-day moving average price of $171.07. The firm has a market cap of $348.79 billion, a price-to-earnings ratio of 123.13, a PEG ratio of 2.42 and a beta of 1.93.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The company had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The firm’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.92 earnings per share. Advanced Micro Devices has set its Q4 2025 guidance at EPS. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the completion of the transaction, the executive vice president directly owned 300,348 shares in the company, valued at approximately $68,890,820.76. This represents a 6.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of the business’s 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 $2,041,548.33. This represents a 24.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 75,676 shares of company stock valued at $16,124,589 in the last ninety days. Corporate insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Robert W. Baird set a $300.00 price target on shares of Advanced Micro Devices in a report on Wednesday, November 5th. Barclays restated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Benchmark increased their price target on Advanced Micro Devices from $270.00 to $325.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Wall Street Zen raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $278.54.

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.