iA Global Asset Management Inc. Has $41.66 Million Holdings in Advanced Micro Devices, Inc. $AMD

iA Global Asset Management Inc. boosted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 64.6% during the second quarter, Holdings Channel.com reports. The institutional investor owned 293,586 shares of the semiconductor manufacturer’s stock after acquiring an additional 115,207 shares during the quarter. iA Global Asset Management Inc.’s holdings in Advanced Micro Devices were worth $41,660,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of AMD. Wise Wealth Partners bought a new position in shares of Advanced Micro Devices during the second quarter worth approximately $343,000. Waterfront Wealth Inc. bought a new position in Advanced Micro Devices during the second quarter worth about $1,145,000. Parisi Gray Wealth Management acquired a new stake in Advanced Micro Devices in the 2nd quarter worth about $343,000. Davis Investment Partners LLC acquired a new stake in Advanced Micro Devices in the 2nd quarter worth about $736,000. Finally, REAP Financial Group LLC raised its stake in Advanced Micro Devices by 16.9% in the 2nd quarter. REAP Financial Group LLC now owns 1,197 shares of the semiconductor manufacturer’s stock worth $170,000 after purchasing an additional 173 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

AMD has been the subject of several analyst reports. Roth Capital set a $250.00 price objective on shares of Advanced Micro Devices and gave the stock a “buy” rating in a research note on Monday, October 6th. DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target for the company in a research note on Wednesday, October 8th. Sanford C. Bernstein boosted their price target on Advanced Micro Devices from $95.00 to $140.00 and gave the company a “market perform” rating in a research note on Monday, July 21st. UBS Group boosted their price target on Advanced Micro Devices from $210.00 to $265.00 and gave the company a “buy” rating in a research note on Tuesday, October 7th. Finally, Bank of America boosted their price target on Advanced Micro Devices from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $237.32.

Advanced Micro Devices Stock Up 0.5%

NASDAQ AMD opened at $256.12 on Friday. The business has a fifty day moving average price of $191.16 and a two-hundred day moving average price of $153.25. 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, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08. The stock has a market capitalization of $415.64 billion, a PE ratio of 147.20, a PEG ratio of 2.42 and a beta of 1.90.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The business had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same quarter in the previous year, the company earned $0.69 earnings per share. The firm’s revenue for the quarter was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Equities analysts expect 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 Forrest Eugene Norrod sold 2,250 shares of the company’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $165.01, for a total transaction of $371,272.50. Following the completion of the sale, the executive vice president directly owned 311,598 shares in the company, valued at $51,416,785.98. This represents a 0.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 274,118 shares of company stock valued at $46,180,719. Corporate insiders own 0.06% of the company’s stock.

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.