Advanced Micro Devices, Inc. $AMD Holdings Raised by Hanseatic Management Services Inc.

Key Points

• Institutional investors increased AMD exposure: Hanseatic Management Services raised its stake by 183.7% to 5,144 shares, while institutional investors collectively own 71.34% of the company.
• AMD reported strong quarterly results: Revenue rose 50.1% year over year to $11.54 billion, exceeding estimates, while earnings of $1.66 per share topped expectations.
• Strong analyst sentiment is tempered by risks: AMD has a “Moderate Buy” consensus rating and a $546.95 average price target, but shares trade at a high P/E of 121.66 and insiders sold approximately $99.9 million in stock during the latest quarter.

Hanseatic Management Services Inc. boosted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 183.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,144 shares of the semiconductor manufacturer's stock after buying an additional 3,331 shares during the period. Advanced Micro Devices accounts for 2.2% of Hanseatic Management Services Inc.'s portfolio, making the stock its 11th biggest holding. Hanseatic Management Services Inc.'s holdings in Advanced Micro Devices were worth $2,988,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in shares of Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock valued at $5,551,000 after acquiring an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock valued at $1,001,000 after acquiring an additional 234 shares during the period. Sivia Capital Partners LLC raised its holdings in Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock worth $758,000 after purchasing an additional 2,970 shares in the last quarter. United Bank raised its holdings in Advanced Micro Devices by 22.0% during the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer's stock worth $1,881,000 after purchasing an additional 2,392 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its position in Advanced Micro Devices by 361.0% in the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer's stock worth $1,310,000 after purchasing an additional 7,228 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Stock Up 0.8%

Shares of Advanced Micro Devices stock opened at $473.25 on Friday. Advanced Micro Devices, Inc. has a 1 year low of $149.22 and a 1 year high of $584.73. The company has a market cap of $772.57 billion, a P/E ratio of 121.66 and a beta of 2.48. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The stock has a 50-day moving average price of $511.40 and a 200 day moving average price of $375.55.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.62 by $0.04. The business had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The firm's revenue was up 50.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.48 earnings per share. As a group, analysts expect that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,993 shares of the business's stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total transaction of $1,462,649.17. Following the transaction, the senior vice president directly owned 26,623 shares in the company, valued at $13,010,393.87. The trade was a 10.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of the company's stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the completion of the transaction, the director directly owned 87,173 shares in the company, valued at $45,504,306. This trade represents a 9.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 210,763 shares of company stock worth $99,912,107. 0.50% of the stock is owned by company insiders.

Trending Headlines about Advanced Micro Devices

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: BMO initiated coverage of AMD with a buy recommendation, adding to bullish Wall Street sentiment toward the semiconductor sector and AMD’s AI opportunity. BMO Buy Ratings for Semiconductor Stocks
• Positive Sentiment: AMD continues to show stronger and more consistent revenue growth than Arm Holdings. Its latest quarter included record revenue of $11.54 billion, up 50.1% year over year, and earnings that exceeded analyst expectations. AMD and Arm Revenue Comparison
• Positive Sentiment: Reports that Google may collaborate with AMD on its next-generation TPU could represent a meaningful design win and broaden AMD’s relationships with hyperscalers. Coatue Management’s new position, valued at approximately $55.8 million, also signals institutional interest in the AI trade. Google Reportedly Working With AMD on a TPU
• Neutral Sentiment: AMD is increasingly viewed as Nvidia’s most credible AI-chip challenger, particularly with its Helios platform, but investors remain focused on whether it can narrow Nvidia’s ecosystem and market-share advantages. AMD and Nvidia AI Competition
• Negative Sentiment: Google’s expanding custom-chip program, including its relationship with Marvell, could increase competition for AI-inference workloads. A report that SpaceX selected Nvidia’s Vera Rubin platform reinforces concerns that AMD is still losing some high-profile AI infrastructure opportunities. SpaceX Selects Nvidia AI Infrastructure
• Negative Sentiment: CEO Lisa Su and SVP Ava Hahn sold shares totaling roughly $8.7 million. The transactions were made under pre-arranged Rule 10b5-1 plans, limiting their signaling value, but the sales may still weigh on sentiment after AMD’s substantial rally. AMD Insider Stock Sale
• Negative Sentiment: Valuation remains a risk: AMD trades at a very high earnings multiple, leaving the stock vulnerable to profit-taking or disappointment if AI growth slows or fails to meet aggressive expectations. AMD Valuation Analysis

Wall Street Analyst Weigh In

AMD has been the topic of several research analyst reports. Mizuho lifted their price target on Advanced Micro Devices from $615.00 to $625.00 and gave the company an "outperform" rating in a research report on Monday, July 27th. Wall Street Zen lowered Advanced Micro Devices from a "buy" rating to a "hold" rating in a report on Saturday, August 15th. JPMorgan Chase & Co. raised their target price on Advanced Micro Devices from $385.00 to $550.00 and gave the company a "neutral" rating in a research note on Wednesday, August 5th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $540.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Finally, Stifel Nicolaus boosted their price target on shares of Advanced Micro Devices from $450.00 to $635.00 and gave the stock a "buy" rating in a research report on Friday, July 10th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Advanced Micro Devices has an average rating of "Moderate Buy" and an average target price of $546.95.

About Advanced Micro Devices

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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