Advanced Micro Devices, Inc. $AMD Shares Sold by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer & Co. Zurich reduced its AMD position by 2.1% in the third quarter, selling 4,927 shares and retaining 232,673 shares valued at approximately $142.2 million. Institutional investors own 71.34% of AMD.
• AMD insiders have also been selling shares: executives sold 231,100 shares worth about $114.9 million over the past 90 days, while insiders own just 0.50% of the company.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $607.57, but AMD’s high valuation and upcoming earnings report make growth, AI demand and guidance key investor concerns.

Bank Julius Baer & Co. Ltd Zurich decreased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 2.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 232,673 shares of the semiconductor manufacturer's stock after selling 4,927 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich's holdings in Advanced Micro Devices were worth $142,228,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Pinkerton Wealth LLC purchased a new position in Advanced Micro Devices during the third quarter worth about $755,000. Virtue Capital Management LLC raised its position in shares of Advanced Micro Devices by 10.6% in the 3rd quarter. Virtue Capital Management LLC now owns 9,179 shares of the semiconductor manufacturer's stock worth $5,615,000 after acquiring an additional 880 shares in the last quarter. Nippon Life Global Investors Americas Inc. boosted its stake in Advanced Micro Devices by 0.7% in the 3rd quarter. Nippon Life Global Investors Americas Inc. now owns 124,040 shares of the semiconductor manufacturer's stock worth $75,883,000 after purchasing an additional 820 shares in the last quarter. DecisionMap Wealth Management LLC increased its position in shares of Advanced Micro Devices by 13.1% during the third quarter. DecisionMap Wealth Management LLC now owns 1,137 shares of the semiconductor manufacturer's stock valued at $696,000 after acquiring an additional 132 shares in the last quarter. Finally, Bell Investment Advisors Inc raised its position in Advanced Micro Devices by 18.8% in the 3rd quarter. Bell Investment Advisors Inc now owns 1,199 shares of the semiconductor manufacturer's stock worth $734,000 after buying an additional 190 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 28,811 shares of the company's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the completion of the sale, the executive vice president directly owned 1,261,461 shares in the company, valued at $595,245,602.07. This represents a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Grasby sold 15,000 shares of Advanced Micro Devices 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 sale, the executive vice president owned 117,687 shares in the company, valued at $60,598,213.17. This represents a 11.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 231,100 shares of company stock valued at $114,867,400 in the last 90 days. 0.50% of the stock is owned by corporate insiders.

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD’s data-center revenue reportedly nearly doubled, and its Helios rack-scale systems, EPYC processors and Instinct GPUs are being deployed in Meta’s AI infrastructure. The companies also expanded their relationship through a planned $1 billion equity investment and multigeneration chip collaboration. AMD Expands AI Footprint With Meta
• Positive Sentiment: Rackspace selected AMD-powered infrastructure for HGS’s private AI deployment, adding another enterprise use case for AMD’s data-center products. HGS Selects Rackspace Technology for Private AI Infrastructure
• Positive Sentiment: Rakuten Investment Management disclosed a new approximately $283.7 million AMD position, while many large institutions—including JPMorgan, Invesco, FMR and BlackRock—reported adding shares in recent quarters. Rakuten Opens AMD Position
• Positive Sentiment: Analyst targets remain broadly above the current share price, with a reported six-month median target of $512.50 and several targets ranging from $560 to $700.
• Neutral Sentiment: AMD is scheduled to report third-quarter results on Nov. 3. Investors will focus on data-center growth, AI accelerator demand, supply constraints and management’s outlook for 2027.
• Neutral Sentiment: Recent commentary highlights a sharply divided outlook: AMD’s AI growth is accelerating, but its valuation leaves little room for an earnings or guidance disappointment. AMD Earnings Preview
• Negative Sentiment: Intel’s disappointing fourth-quarter forecast, weak PC-market conditions and margin concerns triggered a broad semiconductor selloff. Investors are questioning whether AMD faces similar demand or supply pressures. AMD Shares Slide After Intel Earnings
• Negative Sentiment: Several reports argue AMD is priced more aggressively than NVIDIA despite slower expected growth, making the stock vulnerable to profit-taking before earnings. AMD Reports on Nov. 3
• Negative Sentiment: Insiders have reported 147 open-market sales and no purchases over the past six months, including substantial sales by CEO Lisa Su and other executives. Cathie Wood’s ARK Invest has also continued trimming AMD, adding to near-term sentiment pressure.

Analyst Ratings Changes

A number of research firms recently commented on AMD. Citigroup boosted their target price on Advanced Micro Devices from $575.00 to $800.00 and gave the stock a "buy" rating in a research report on Tuesday, October 6th. Zacks Research cut shares of Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 1st. Rosenblatt Securities reaffirmed a "buy" rating and set a $700.00 target price on shares of Advanced Micro Devices in a research note on Tuesday, September 29th. KeyCorp set a $650.00 price objective on Advanced Micro Devices in a research report on Wednesday, August 5th. Finally, Stifel Nicolaus lifted their price objective on shares of Advanced Micro Devices from $635.00 to $700.00 and gave the stock a "buy" rating in a research report on Monday, October 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $607.57.

Advanced Micro Devices Price Performance

AMD opened at $504.80 on Monday. The company's 50 day simple moving average is $548.29 and its 200 day simple moving average is $409.20. The stock has a market capitalization of $824.07 billion, a PE ratio of 129.77, a P/E/G ratio of 5.18 and a beta of 2.45. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. Advanced Micro Devices, Inc. has a 1 year low of $188.22 and a 1 year high of $658.52.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The firm had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same period in the previous year, the company posted $0.48 EPS. Advanced Micro Devices's revenue for the quarter was up 50.1% on a year-over-year basis. As a group, sell-side analysts expect that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc NASDAQ: AMD is a global semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded markets and other specialized applications.

AMD's product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics processing units, and Instinct accelerators for artificial intelligence and high-performance computing.

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