Advanced Micro Devices, Inc. $AMD Shares Bought by Navellier & Associates Inc.

Key Points

• Navellier & Associates increased its AMD position by 544.5% in the second quarter, owning 12,960 shares valued at approximately $7.5 million. Institutional investors collectively hold 71.34% of AMD’s stock.
• AMD reported strong quarterly results, with revenue up 50.1% year over year to $11.54 billion and earnings of $1.66 per share, exceeding analyst expectations. The company’s AI infrastructure deployment in Saudi Arabia also signals growing commercial demand for its chips.
• Despite a consensus “Moderate Buy” rating and a $553.72 price target, AMD faces valuation and competitive risks: shares trade at a P/E ratio above 118, while executives have sold shares under pre-arranged trading plans and broader bond-market pressures have weighed on semiconductor stocks.

Navellier & Associates Inc. grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 544.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,960 shares of the semiconductor manufacturer's stock after buying an additional 10,949 shares during the period. Navellier & Associates Inc.'s holdings in Advanced Micro Devices were worth $7,529,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Luminist Capital LLC acquired a new position in Advanced Micro Devices in the second quarter valued at approximately $46,000. BOK Financial Private Wealth Inc. purchased a new stake in Advanced Micro Devices in the second quarter valued at $53,000. Toews Corp ADV purchased a new stake in Advanced Micro Devices in the second quarter valued at $66,000. Cornerstone Financial Management LLC acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at $27,000. Finally, Sarver Vrooman Wealth Advisors acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at $27,000. Institutional investors and hedge funds own 71.34% of the company's stock.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD, Cisco and HUMAIN said AMD Instinct MI355X-based AI infrastructure is now live and serving customers in Saudi Arabia. The partners plan up to 250 megawatts of additional capacity beginning in 2027, potentially scaling to 1 gigawatt by 2030. The deployment provides tangible evidence of commercial AI demand for AMD’s GPUs and CPUs. AMD's Instinct Systems Are Now Live in Saudi Arabia
• Positive Sentiment: Analysts remain broadly constructive, with a reported median price target of $490 and several targets above $600. Recent commentary also highlights AMD’s strong AI growth prospects and the possibility that optimization advances could make AMD-based inference systems more competitive with Nvidia’s offerings. AMD Stock Is Up 115% YTD
• Neutral Sentiment: AMD’s recent results remain a fundamental support: quarterly revenue rose about 50% year over year to $11.5 billion and exceeded expectations. However, investors are weighing that growth against a high valuation after the stock’s substantial advance.
• Negative Sentiment: A global bond selloff pushed long-term yields higher, pressuring high-multiple technology and semiconductor stocks. AMD declined alongside Nvidia, Intel and other chipmakers, indicating sector-wide risk reduction rather than a company-specific setback. Semiconductor Stocks Slide as Yields Rise
• Negative Sentiment: Valuation concerns are intensifying. Analysts question how much upside remains after AMD’s rapid rally, while tightening export controls and competition from Nvidia’s expanding edge-to-cloud ecosystem could limit future gains. AMD: There's Little Upside Here
• Negative Sentiment: ARK Invest reportedly sold tens of millions of dollars of AMD shares while reallocating capital toward Nvidia and Broadcom. The move may reinforce short-term profit-taking concerns, although it represents one fund’s portfolio decision rather than a change in AMD’s fundamentals. Cathie Wood Sells AMD and Buys Another Chip Stock

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 17,261 shares of the business's stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $459.95, for a total transaction of $7,939,196.95. Following the completion of the sale, the executive vice president owned 373,317 shares in the company, valued at $171,707,154.15. The trade was a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 15,000 shares of the company's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $480.94, for a total value of $7,214,100.00. Following the completion of the transaction, the chief executive officer directly owned 3,102,156 shares of the company's stock, valued at $1,491,950,906.64. This trade represents a 0.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 232,577 shares of company stock worth $109,509,170. 0.50% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Price Performance

AMD stock opened at $459.61 on Wednesday. The business's 50-day moving average is $502.84 and its two-hundred day moving average is $389.16. The firm has a market capitalization of $750.30 billion, a P/E ratio of 118.15, a P/E/G ratio of 4.87 and a beta of 2.48. Advanced Micro Devices, Inc. has a 1 year low of $149.22 and a 1 year high of $584.73. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued 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. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same quarter in the previous year, the firm earned $0.48 earnings per share. The firm's quarterly revenue was up 50.1% on a year-over-year basis. Analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AMD. Wolfe Research set a $450.00 price objective on Advanced Micro Devices and gave the stock an "outperform" rating in a research report on Monday, June 15th. Barclays cut shares of Advanced Micro Devices from an "overweight" rating to an "underweight" rating in a research report on Friday, June 12th. Loop Capital upgraded shares of Advanced Micro Devices to a "strong-buy" rating in a research report on Tuesday, June 16th. Susquehanna upped their price objective on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the stock a "positive" rating in a report on Thursday, July 30th. Finally, Melius Research set a $660.00 price objective on shares of Advanced Micro Devices in a research report on Friday, July 24th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $553.72.

Advanced Micro Devices 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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