State of New Jersey Common Pension Fund D Sells 236 Shares of Advanced Micro Devices, Inc. $AMD

State of New Jersey Common Pension Fund D lowered its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 545,509 shares of the semiconductor manufacturer’s stock after selling 236 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Advanced Micro Devices were worth $77,408,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Keeler Thomas Management LLC bought a new stake in Advanced Micro Devices during the second quarter worth about $2,235,000. Boothe Investment Group Inc. raised its holdings in Advanced Micro Devices by 0.8% in the second quarter. Boothe Investment Group Inc. now owns 80,552 shares of the semiconductor manufacturer’s stock worth $11,430,000 after buying an additional 643 shares during the last quarter. Leelyn Smith LLC raised its holdings in shares of Advanced Micro Devices by 18.2% during the second quarter. Leelyn Smith LLC now owns 8,956 shares of the semiconductor manufacturer’s stock valued at $1,271,000 after purchasing an additional 1,382 shares during the last quarter. Allied Investment Advisors LLC purchased a new position in shares of Advanced Micro Devices during the second quarter valued at approximately $205,000. Finally, Glass Jacobson Investment Advisors llc raised its holdings in shares of Advanced Micro Devices by 186.0% during the second quarter. Glass Jacobson Investment Advisors llc now owns 1,044 shares of the semiconductor manufacturer’s stock valued at $148,000 after purchasing an additional 679 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

AMD opened at $252.92 on Friday. The firm has a market cap of $410.45 billion, a P/E ratio of 145.36, a PEG ratio of 2.15 and a beta of 1.90. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $253.39. The company has a 50 day simple moving average of $182.09 and a two-hundred day simple moving average of $146.65. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.49 and a quick ratio of 1.81.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.06). The firm had revenue of $7.69 billion during the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business’s revenue for the quarter was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.69 earnings per share. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Lisa T. Su sold 225,000 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $163.97, for a total transaction of $36,893,250.00. Following the completion of the transaction, the chief executive officer owned 3,359,748 shares in the company, valued at approximately $550,897,879.56. This represents a 6.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Ava Hahn sold 2,868 shares of the company’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 transaction, the senior vice president owned 9,033 shares of the company’s stock, valued at approximately $2,041,548.33. This represents a 24.10% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 274,118 shares of company stock valued at $46,180,719. Insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

AMD has been the subject of several research reports. Stifel Nicolaus set a $240.00 price objective on shares of Advanced Micro Devices in a report on Monday, October 6th. The Goldman Sachs Group boosted their price objective on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the company a “neutral” rating in a report on Wednesday, October 8th. UBS Group boosted their price objective on shares of Advanced Micro Devices from $210.00 to $265.00 and gave the company a “buy” rating in a report on Tuesday, October 7th. Melius Research set a $300.00 price objective on shares of Advanced Micro Devices in a report on Monday, October 6th. Finally, Rosenblatt Securities boosted their target price on shares of Advanced Micro Devices from $200.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, October 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $233.94.

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.