Advanced Micro Devices, Inc. $AMD Shares Purchased by Cardano Risk Management B.V.

Key Points

• Cardano Risk Management increased its AMD stake by 5.5% in the second quarter, purchasing 26,472 additional shares for a total of 506,119 shares valued at approximately $294 million. AMD now represents about 2.3% of Cardano’s portfolio.
• AMD reported quarterly earnings of $1.66 per share on $11.54 billion in revenue, beating estimates and marking 50.1% year-over-year revenue growth. Institutional investors and hedge funds own 71.34% of the company.
• Analysts maintain a generally positive outlook, with AMD carrying a consensus “Moderate Buy” rating and an average price target of $546.87. However, the stock’s high valuation—about 124 times earnings—and recent insider selling remain potential concerns.

Cardano Risk Management B.V. increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 5.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 506,119 shares of the semiconductor manufacturer's stock after buying an additional 26,472 shares during the quarter. Advanced Micro Devices comprises approximately 2.3% of Cardano Risk Management B.V.'s portfolio, making the stock its 11th biggest holding. Cardano Risk Management B.V.'s holdings in Advanced Micro Devices were worth $294,010,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Everpar Advisors LLC grew its holdings in Advanced Micro Devices by 39.5% in the 2nd quarter. Everpar Advisors LLC now owns 4,360 shares of the semiconductor manufacturer's stock valued at $2,533,000 after buying an additional 1,235 shares during the period. Chemistry Wealth Management LLC acquired a new position in shares of Advanced Micro Devices during the 2nd quarter valued at about $608,000. Avity Investment Management Inc. purchased a new position in shares of Advanced Micro Devices during the 2nd quarter worth about $24,943,000. Adamsbrown Wealth Consultants LLC lifted its holdings in shares of Advanced Micro Devices by 4.5% during the 2nd quarter. Adamsbrown Wealth Consultants LLC now owns 5,649 shares of the semiconductor manufacturer's stock worth $3,282,000 after acquiring an additional 245 shares during the period. Finally, Hennion & Walsh Asset Management Inc. boosted its position in shares of Advanced Micro Devices by 3.3% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 23,358 shares of the semiconductor manufacturer's stock worth $13,569,000 after acquiring an additional 745 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMD has been the subject of a number of recent analyst reports. Mizuho boosted their target price on shares of Advanced Micro Devices from $615.00 to $625.00 and gave the company an "outperform" rating in a report on Monday, July 27th. Truist Financial increased their price target on shares of Advanced Micro Devices from $478.00 to $594.00 and gave the stock a "buy" rating in a research note on Wednesday. Wolfe Research set a $450.00 price target on shares of Advanced Micro Devices and gave the company an "outperform" rating in a report on Monday, June 15th. Northland Securities reissued a "market perform" rating and set a $260.00 price objective on shares of Advanced Micro Devices in a research note on Monday, April 27th. Finally, Oppenheimer downgraded Advanced Micro Devices from a "market perform" rating to a "market perform" rating in a report on Wednesday, May 6th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and an average target price of $546.87.

Advanced Micro Devices Stock Down 1.2%

AMD opened at $483.36 on Friday. Advanced Micro Devices, Inc. has a 1 year low of $149.22 and a 1 year high of $584.73. The firm has a 50 day moving average price of $514.56 and a 200 day moving average price of $359.10. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.96 and a current ratio of 2.61. The company has a market cap of $789.07 billion, a PE ratio of 124.26 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating 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 firm had revenue of $11.54 billion for the quarter, compared to analysts' expectations of $11.31 billion. During the same period in the previous year, the company posted $0.48 earnings per share. Advanced Micro Devices's revenue was up 50.1% compared to the same quarter last year. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 6.38 earnings per share for the current year.

Insider Buying and Selling at Advanced Micro Devices

In related news, Director Nora Denzel sold 8,626 shares of Advanced Micro Devices stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the transaction, the director owned 87,173 shares in the company, valued at approximately $45,504,306. The trade was a 9.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Lisa T. Su sold 125,000 shares of the company's stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total transaction of $57,586,250.00. Following the sale, the chief executive officer directly owned 2,896,899 shares of the company's stock, valued at approximately $1,334,572,400.31. This trade represents a 4.14% 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 quarter, insiders sold 285,934 shares of company stock worth $130,353,006. 0.50% of the stock is currently owned by insiders.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: AMD agreed to acquire Toronto-based AI-inference chip startup Taalas for an undisclosed amount. Taalas develops specialized silicon designed to reduce computing and memory bottlenecks, and AMD plans to integrate the technology with its Instinct GPUs. The deal could improve AMD’s inference performance and strengthen its challenge to Nvidia in a rapidly expanding market. AMD deepens AI inference bet with Taalas deal as chip race heats up
• Positive Sentiment: AMD reported record second-quarter revenue of $11.54 billion, up 50.1% year over year, and adjusted earnings of $1.66 per share, exceeding consensus estimates. Data Center revenue more than doubled, while management raised its outlook, reinforcing the long-term AI growth case. AMD tops Q2 earnings estimates and provides strong outlook
• Positive Sentiment: Several analysts remain constructive: Rosenblatt raised its price target to $700 with a buy rating, while JPMorgan lifted its target to $550 but retained a neutral rating. Recent institutional filings also showed sizable increases in AMD holdings by PNC Financial and GF Fund Management. AMD analyst price-target changes
• Neutral Sentiment: Investors continue to debate whether AMD can become a major Nvidia alternative. Optimistic views point to data-center demand, AI deployments and supply leverage, but the stock’s high valuation means additional upside likely requires sustained execution and accelerating growth. This Could Be One of the Best Opportunities to Buy AMD Stock in Months
• Negative Sentiment: AMD’s results and guidance, although strong, did not clear an exceptionally high AI-growth bar. Investors wanted stronger evidence of accelerating AI revenue, higher margins and a faster path to closing Nvidia’s competitive lead. Why AMD’s solid quarterly earnings failed to impress investors
• Negative Sentiment: Near-term concerns include slowing growth in AMD’s client and gaming businesses and intensifying Nvidia competition. SpaceX’s selection of Nvidia rather than AMD for an AI-chip partnership further underscored concerns about Nvidia’s customer and ecosystem advantages. AMD stock falls after record quarter as SpaceX picks Nvidia
• Negative Sentiment: At roughly 124 times earnings, AMD leaves little room for disappointment. The combination of lofty expectations, post-earnings profit-taking and increased short interest contributed to the weaker investor reaction despite the earnings beat. AMD short volume hits a two-week high

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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