Advanced Micro Devices, Inc. $AMD Shares Sold by Greenwood Capital Associates LLC

Key Points

• Greenwood Capital Associates cut its AMD position by 35.4% in the second quarter, selling 7,478 shares and retaining 13,649 shares valued at approximately $7.9 million. Institutional investors collectively own 71.34% of AMD.
• AMD insiders sold 232,577 shares worth approximately $109.5 million over the past three months, including sales by executives Mark Papermaster and Jean Hu under pre-arranged Rule 10b5-1 plans.
• Analysts remain broadly bullish, with AMD holding a “Moderate Buy” consensus rating and an average price target of $553.72. The company recently exceeded quarterly earnings and revenue expectations, though its high valuation and sector-wide pressure remain risks.

Greenwood Capital Associates LLC lessened its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 35.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,649 shares of the semiconductor manufacturer's stock after selling 7,478 shares during the quarter. Greenwood Capital Associates LLC's holdings in Advanced Micro Devices were worth $7,929,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of AMD. Sarver Vrooman Wealth Advisors acquired a new position in Advanced Micro Devices in the 4th quarter valued at about $27,000. Cornerstone Financial Management LLC purchased a new stake in Advanced Micro Devices during the fourth quarter worth about $27,000. Basepoint Wealth LLC acquired a new stake in shares of Advanced Micro Devices during the fourth quarter worth about $30,000. Graney & King LLC acquired a new stake in shares of Advanced Micro Devices during the first quarter worth about $31,000. Finally, Main Street Group LTD purchased a new position in shares of Advanced Micro Devices in the first quarter valued at approximately $33,000. Institutional investors and hedge funds own 71.34% of the company's stock.

Insiders Place Their Bets

In related news, EVP Mark D. Papermaster sold 28,811 shares of the business's stock in a transaction on 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 transaction, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. The trade was a 2.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of the stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total value of $7,111,200.00. Following the completion of the transaction, the executive vice president directly owned 160,979 shares in the company, valued at $76,316,924.32. This trade represents a 8.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 232,577 shares of company stock worth $109,509,170. 0.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on AMD shares. Royal Bank Of Canada restated a "sector perform" rating and issued a $540.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Benchmark increased their target price on shares of Advanced Micro Devices from $485.00 to $685.00 and gave the stock a "buy" rating in a report on Wednesday, July 22nd. Raymond James Financial raised shares of Advanced Micro Devices from an "outperform" rating to a "strong-buy" rating and raised their price target for the company from $565.00 to $641.00 in a research report on Tuesday, August 25th. The Goldman Sachs Group boosted their price target on shares of Advanced Micro Devices from $450.00 to $640.00 and gave the stock a "buy" rating in a research note on Monday, July 6th. Finally, Melius Research set a $660.00 price objective on Advanced Micro Devices in a research report on Friday, July 24th. Four 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 assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $553.72.

Advanced Micro Devices Stock Down 2.4%

Shares of NASDAQ:AMD opened at $459.61 on Wednesday. The firm's 50 day moving average price is $502.84 and its 200 day moving average price is $389.16. The stock has a market cap of $750.30 billion, a price-to-earnings ratio of 118.15, a price-to-earnings-growth ratio of 4.87 and a beta of 2.48. Advanced Micro Devices, Inc. has a fifty-two week low of $149.22 and a fifty-two week high of $584.73. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03.

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. As a group, equities research analysts predict that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal year.

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

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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