HB Wealth Management LLC cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 5.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 67,715 shares of the semiconductor manufacturer's stock after selling 4,006 shares during the period. HB Wealth Management LLC's holdings in Advanced Micro Devices were worth $39,336,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Southpoint Capital Advisors LP grew its holdings in shares of Advanced Micro Devices by 50.0% during the first quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer's stock valued at $183,087,000 after buying an additional 300,000 shares during the last quarter. Jefferies Financial Group Inc. raised its stake in Advanced Micro Devices by 6,228.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 308,021 shares of the semiconductor manufacturer's stock worth $65,966,000 after acquiring an additional 303,154 shares during the last quarter. Boomfish Wealth Group LLC purchased a new position in Advanced Micro Devices in the 1st quarter worth $1,193,000. Dimensional Fund Advisors LP lifted its position in Advanced Micro Devices by 6.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,142,516 shares of the semiconductor manufacturer's stock worth $1,045,954,000 after acquiring an additional 291,165 shares during the period. Finally, Williamson Legacy Group LLC acquired a new stake in Advanced Micro Devices during the 4th quarter worth about $1,118,000. Hedge funds and other institutional investors own 71.34% of the company's stock.
Insider Buying and Selling
In other Advanced Micro Devices news, CEO Lisa Su sold 125,000 shares of the company's stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total value of $57,586,250.00. Following the sale, the chief executive officer owned 2,896,899 shares in the company, valued at approximately $1,334,572,400.31. This represents a 4.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Grasby sold 15,000 shares of the firm's stock in a transaction that occurred 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 directly owned 117,687 shares in the company, valued at $60,598,213.17. The trade was a 11.30% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 232,577 shares of company stock valued at $109,509,170 in the last three months. 0.50% of the stock is currently owned by company insiders.
Advanced Micro Devices Stock Performance
NASDAQ AMD opened at $477.57 on Monday. The firm has a market capitalization of $779.62 billion, a P/E ratio of 122.77, a PEG ratio of 4.95 and a beta of 2.48. The stock has a 50-day simple moving average of $499.20 and a two-hundred day simple moving average of $394.58. 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 fifty-two week low of $149.22 and a fifty-two week high of $584.73.
Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping analysts' consensus estimates of $1.62 by $0.04. The firm had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The company's revenue was up 50.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.48 earnings per share. On average, equities analysts forecast that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.
Advanced Micro Devices News Roundup
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AMD’s latest quarterly performance supports the bullish case: revenue rose 50% year over year to $11.5 billion, while data-center revenue increased 107% and represented 58% of total sales. Analysts cited strong AI partnerships, management’s favorable outlook and potential EPS doubling by fiscal 2027. AMD: Paying Up For A Ramp That's Already Been Outlined
- Positive Sentiment: Coverage highlighting AMD’s possible Saudi AI expansion and broader infrastructure deployments argues that the stock could be undervalued on long-term cash-flow assumptions, despite expensive market-based multiples. AMD Stock May Be 24% Undervalued On Saudi AI Expansion
- Positive Sentiment: Technical commentary describes AMD’s recent consolidation as a bullish flag, with a potential breakout if momentum returns. The company is also being viewed as gaining ground in data-center chips relative to Intel. AMD Stock Forecast
- Neutral Sentiment: Brokerage coverage remains broadly constructive, with AMD receiving a consensus “Moderate Buy” rating, but this does not represent a new earnings or business catalyst. AMD Given Consensus Rating of Moderate Buy
- Neutral Sentiment: AMD’s IFA 2026 presentation promoted Strix Halo, Gorgon Halo and local “agentic AI” computing, while collaborations involving ASUS and secure-AI initiatives reinforce its positioning across edge, cloud and enterprise infrastructure. AMD IFA 2026 Keynote
- Negative Sentiment: Valuation is the main risk: analysts say much of AMD’s expected growth is already reflected in the stock, with a forward P/E near 60 times and limited room for execution disappointments. Could an Investment in AMD Double?
- Negative Sentiment: ARK Invest’s reported sale of approximately $72.8 million of AMD and purchase of roughly $53 million of Nvidia highlights investor preference for AMD’s larger rival. Zacks also downgraded AMD from “strong buy” to “hold.” Cathie Wood Cuts AMD and Puts Money Into Nvidia
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on AMD shares. Melius Research set a $660.00 price objective on Advanced Micro Devices in a report on Friday, July 24th. Wall Street Zen upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating in a research note on Saturday, August 29th. Citigroup raised Advanced Micro Devices from a "market perform" rating to a "buy" rating in a report on Wednesday, July 22nd. TD Cowen reiterated a "buy" rating on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Finally, Argus raised their price target on shares of Advanced Micro Devices from $450.00 to $625.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $553.72.
Check Out Our Latest Stock Report on AMD
About Advanced Micro Devices
(
Free Report)
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.
Further Reading
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