Advanced Micro Devices, Inc. $AMD Shares Sold by Capital World Investors

Key Points

• Capital World Investors cut its stake by 9.3% in the third quarter, selling 14,795 shares and leaving it with 144,370 AMD shares worth $23.36 million.
• CEO Lisa T. Su sold 125,000 shares at an average of $214.36 for about $26.8 million, and insiders have sold 146,892 shares (~$31.6 million) in the past 90 days.
• AMD reported stronger-than-expected quarterly results (EPS $1.53 vs. $1.32 est., revenue $10.27B vs. $9.65B) and carries a MarketBeat consensus rating of "Moderate Buy" with a $290.53 target.

Capital World Investors decreased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 9.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 144,370 shares of the semiconductor manufacturer's stock after selling 14,795 shares during the quarter. Capital World Investors' holdings in Advanced Micro Devices were worth $23,358,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Advanced Micro Devices during the 2nd quarter valued at about $3,094,662,000. Jennison Associates LLC acquired a new stake in Advanced Micro Devices during the third quarter worth about $626,826,000. Nordea Investment Management AB raised its stake in Advanced Micro Devices by 203.7% during the third quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer's stock worth $631,892,000 after purchasing an additional 2,619,294 shares during the period. Rafferty Asset Management LLC raised its stake in Advanced Micro Devices by 56.0% during the second quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer's stock worth $961,078,000 after purchasing an additional 2,430,533 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Advanced Micro Devices by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer's stock valued at $21,944,673,000 after purchasing an additional 2,281,508 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $214.36, for a total value of $26,795,000.00. Following the completion of the transaction, the chief executive officer directly owned 3,152,476 shares of the company's stock, valued at $675,764,755.36. The trade was a 3.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Ava Hahn sold 2,442 shares of the business's stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $234.42, for a total transaction of $572,453.64. Following the sale, the senior vice president owned 16,359 shares in the company, valued at $3,834,876.78. This trade represents a 12.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 146,892 shares of company stock valued at $31,584,408. Corporate insiders own 0.06% of the company's stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD struck a multi‑year patent/licensing agreement with Adeia, resolving litigation and giving AMD access to hybrid‑bonding and packaging IP that should strengthen its advanced packaging roadmap and edge AI product positioning. AMD Patent Truce And AI Push Reframe Long Term Growth Story
• Positive Sentiment: CEO Lisa Su’s trip to South Korea to meet Samsung (and other partners) is aimed at securing high‑bandwidth memory supply and deeper collaboration — a tactical move to protect AI chip production capacity. AMD CEO to meet Samsung chief in South Korea amid race for AI memory chips
• Neutral Sentiment: Analyst/commentary pieces continue to rate AMD as a top growth/AI play and present bullish option strategies for investors, reflecting sustained interest but also divergent views on valuation and timing. AMD is a Top-Ranked Growth Stock
• Negative Sentiment: Meta announced plans to deploy multiple in‑house AI chips by 2027, an effort to reduce reliance on external suppliers like AMD for certain data‑center workloads — a potential longer‑term headwind for server GPU/AI compute demand. Meta plans new in-house AI chips
• Negative Sentiment: Near‑term share weakness was amplified by broader market risk‑off (rising oil and geopolitical tensions in the Persian Gulf), which pushed semiconductor and AI stocks down and drew attention away from CEO trips and long‑term catalysts. Why is AMD stock falling ahead of Lisa Su’s trip?

Analysts Set New Price Targets

AMD has been the subject of several analyst reports. The Goldman Sachs Group increased their price target on shares of Advanced Micro Devices from $210.00 to $240.00 and gave the company a "neutral" rating in a research note on Wednesday, February 25th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Advanced Micro Devices in a report on Monday, February 2nd. Citigroup reiterated a "neutral" rating on shares of Advanced Micro Devices in a research report on Thursday, January 15th. Piper Sandler reissued an "overweight" rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Finally, Mizuho lifted their target price on Advanced Micro Devices from $275.00 to $280.00 and gave the company an "outperform" rating in a research report on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $290.53.

Advanced Micro Devices Stock Down 3.5%

Advanced Micro Devices stock opened at $197.74 on Friday. The company has a market capitalization of $322.40 billion, a PE ratio of 74.62, a price-to-earnings-growth ratio of 0.77 and a beta of 1.98. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08. The firm has a 50 day moving average price of $216.76 and a 200 day moving average price of $209.62.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company had revenue of $10.27 billion for the quarter, compared to analysts' expectations of $9.65 billion. During the same period in the prior year, the firm earned $1.09 earnings per share. The firm's revenue was up 34.1% compared to the same quarter last year. Research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

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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