Advanced Micro Devices, Inc. $AMD Shares Acquired by Range Advisory LLC

Key Points

• Range Advisory LLC increased its AMD stake by 47% in the second quarter, purchasing 1,903 additional shares for a total of 5,954 shares valued at approximately $3.46 million. Institutional investors collectively own 71.34% of AMD.
• AMD reported strong quarterly results, with revenue rising 50.1% year over year to $11.54 billion and EPS of $1.66, exceeding analyst estimates for both revenue and earnings.
• Analyst sentiment remains favorable, with AMD carrying a “Moderate Buy” consensus rating and an average price target of $553.72, although its roughly 123 P/E ratio and rising competition from Nvidia and Broadcom present significant risks.

Range Advisory LLC increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 47.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,954 shares of the semiconductor manufacturer's stock after buying an additional 1,903 shares during the period. Range Advisory LLC's holdings in Advanced Micro Devices were worth $3,459,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Advanced Micro Devices during the fourth quarter worth about $27,000. Cornerstone Financial Management LLC acquired a new stake in Advanced Micro Devices during the 4th quarter valued at approximately $27,000. Basepoint Wealth LLC purchased a new stake in Advanced Micro Devices during the 4th quarter worth approximately $30,000. JNBA Financial Advisors raised its position in shares of Advanced Micro Devices by 142.9% in the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer's stock valued at $30,000 after purchasing an additional 30 shares in the last quarter. Finally, Graney & King LLC acquired a new position in shares of Advanced Micro Devices in the 1st quarter valued at approximately $31,000. Institutional investors and hedge funds own 71.34% of the company's stock.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD shares gained after the company unveiled a more than $100,000 AI workstation planned for 2027. The product reinforces AMD’s push beyond data-center chips and could expand its exposure to high-end AI systems. AMD Stock Jumps After Unveiling $100,000-Plus AI Workstation for 2027
• Positive Sentiment: One forecast sees AMD’s data-center business exceeding 70% of company revenue in 2027, based on its recent growth outpacing all other segments. If sustained, that mix shift would make AMD more leveraged to the fast-growing AI infrastructure market. Prediction: Data Center Passes 70% of AMD's Revenue in 2027
• Positive Sentiment: Several analysts and commentators argue that AMD’s strong AI performance and upcoming product ramps are not fully reflected in the valuation, with one bullish thesis suggesting substantial long-term appreciation. AMD’s latest reported quarter also showed 50.1% year-over-year revenue growth and an earnings beat.
• Neutral Sentiment: AMD and NVIDIA are pursuing different strategies for capturing AI spending. Commentary suggests AMD may benefit from the next phase of AI buildouts if customers seek more supplier diversity and alternative architectures, but the outcome remains uncertain. AMD Is Behind the AI Chip Shift Nobody Is Talking About
• Negative Sentiment: Valuation is a major concern. AMD has risen more than 200% over the past year and trades at roughly 123 times earnings, making the stock vulnerable to profit-taking or disappointment even if AI demand remains strong. AMD Is Now More Expensive Than Nvidia And Broadcom
• Negative Sentiment: Broadcom is identified as a significant competitive threat because it is building deep relationships with hyperscale customers and could capture part of the same AI infrastructure market AMD is targeting. The risk is that AMD’s growth ceiling may be lower than current expectations. AMD’s Whole AI Story Has One Threat It Cannot Ignore: Broadcom
• Negative Sentiment: Other analysis acknowledges that AI demand is real but highlights execution, competition, cyclical semiconductor conditions, and the possibility that expectations have become too aggressive. Seasonal September weakness across major indexes could also add pressure to high-beta semiconductor stocks.

Advanced Micro Devices Price Performance

AMD opened at $477.57 on Tuesday. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The company's 50-day moving average price is $497.96 and its 200 day moving average price is $396.52. Advanced Micro Devices, Inc. has a fifty-two week low of $149.22 and a fifty-two week high of $584.73. The firm has a market cap of $779.62 billion, a price-to-earnings ratio of 122.77, a price-to-earnings-growth ratio of 4.95 and a beta of 2.48.

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on AMD. Rosenblatt Securities lifted their price target on shares of Advanced Micro Devices from $665.00 to $700.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. DA Davidson raised their price objective on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. UBS Group reissued an "overweight" rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Citigroup upgraded Advanced Micro Devices from a "market perform" rating to a "buy" rating in a research note on Wednesday, July 22nd. Finally, Mizuho upped their price objective on Advanced Micro Devices from $615.00 to $625.00 and gave the company an "outperform" rating in a research note on Monday, July 27th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $553.72.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Paul Grasby sold 15,000 shares of the company's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the completion of the transaction, the executive vice president directly owned 117,687 shares in the company, valued at $60,598,213.17. This represents a 11.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Lisa Su sold 125,000 shares of the firm's stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total value of $57,586,250.00. Following the completion of the sale, the chief executive officer owned 2,896,899 shares in the company, valued at $1,334,572,400.31. The trade was a 4.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 232,577 shares of company stock worth $109,509,170. 0.50% of the stock is owned by company insiders.

Advanced Micro Devices Company Profile

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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