Advanced Micro Devices, Inc. $AMD Shares Sold by St. Louis Financial Planners Asset Management LLC

Key Points

• St. Louis Financial Planners Asset Management cut its AMD holdings by 17.5% in the second quarter, selling 2,355 shares and retaining 11,101 shares valued at $6.45 million. Institutional investors still own 71.34% of AMD.
• AMD reported strong second-quarter results, with revenue rising 50% year over year to $11.54 billion and data-center revenue more than doubling to approximately $6.7 billion. The company also agreed to acquire AI inference-chip developer Taalas to strengthen its position in high-volume AI workloads.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and a $542.53 price target, but AMD’s high valuation, margin concerns and Nvidia’s dominant AI ecosystem pose significant risks.

St. Louis Financial Planners Asset Management LLC decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 17.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,101 shares of the semiconductor manufacturer's stock after selling 2,355 shares during the quarter. Advanced Micro Devices comprises approximately 3.3% of St. Louis Financial Planners Asset Management LLC's holdings, making the stock its 5th largest position. St. Louis Financial Planners Asset Management LLC's holdings in Advanced Micro Devices were worth $6,449,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMD. Joseph Group Capital Management acquired a new position in shares of Advanced Micro Devices during the fourth quarter worth approximately $25,000. Sarver Vrooman Wealth Advisors acquired a new stake in shares of Advanced Micro Devices in the fourth quarter worth $27,000. Cornerstone Financial Management LLC acquired a new stake in shares of Advanced Micro Devices in the fourth quarter worth $27,000. Basepoint Wealth LLC bought a new position in Advanced Micro Devices during the fourth quarter worth $30,000. Finally, Graney & King LLC bought a new position in Advanced Micro Devices during the first quarter worth $31,000. Institutional investors and hedge funds own 71.34% of the company's stock.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AMD agreed to acquire Taalas, a developer of specialized AI inference chips, for an undisclosed amount. Taalas’ technology is designed to reduce computing and memory bottlenecks and could improve inference speed and efficiency when combined with AMD Instinct GPUs. The deal strengthens AMD’s strategy as AI demand shifts from model training toward high-volume, real-time inference. AMD deepens AI inference bet with Taalas deal
• Positive Sentiment: Analysts continued raising their valuation targets after AMD’s strong second-quarter performance. Rosenblatt lifted its target to $700 and maintained a Buy rating, adding to bullish targets from firms including Jefferies, Truist, Cantor Fitzgerald and Wedbush. AMD analyst price target update
• Positive Sentiment: AMD reported quarterly revenue of $11.54 billion, up 50% year over year, while data-center revenue more than doubled to approximately $6.7 billion. Management also expects data-center revenue to more than double in 2027, supported by Helios and expanding AI infrastructure demand.
• Neutral Sentiment: The broader AI semiconductor trade remains supportive, but Nvidia’s software and engineering-tool expansion highlights the competitive challenge AMD faces in building a complete AI ecosystem. Nvidia bets on design tools while AMD scales hardware
• Negative Sentiment: Risks remain from AMD’s demanding valuation, muted margin expectations and Nvidia’s dominant market position. SpaceX’s decision to use Nvidia chips exclusively has also reinforced concerns about AMD’s ability to win major AI customers.

Advanced Micro Devices Trading Up 1.5%

Shares of Advanced Micro Devices stock opened at $489.28 on Friday. The firm has a market capitalization of $797.82 billion, a PE ratio of 125.78 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.96. The company's fifty day moving average price is $515.22 and its two-hundred day moving average price is $358.23. Advanced Micro Devices, Inc. has a 52-week low of $149.22 and a 52-week high of $584.73.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.62 by $0.04. The company had revenue of $11.54 billion during the quarter, compared to analysts' expectations of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The business's revenue was up 50.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.48 EPS. On average, analysts expect that Advanced Micro Devices, Inc. will post 6.34 EPS for the current year.

Analyst Upgrades and Downgrades

AMD has been the subject of a number of research reports. Citigroup raised shares of Advanced Micro Devices from a "market perform" rating to a "buy" rating in a report on Wednesday, July 22nd. JPMorgan Chase & Co. boosted their price objective on shares of Advanced Micro Devices from $270.00 to $385.00 and gave the stock a "neutral" rating in a report on Wednesday, May 6th. Wolfe Research set a $450.00 price objective on shares of Advanced Micro Devices and gave the company an "outperform" rating in a research report on Monday, June 15th. Melius Research set a $660.00 target price on shares of Advanced Micro Devices in a research note on Friday, July 24th. Finally, Jefferies Financial Group set a $650.00 target price on Advanced Micro Devices in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and a consensus price target of $542.53.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 19,487 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total value of $8,406,691.80. Following the completion of the transaction, the executive vice president owned 324,527 shares of the company's stock, valued at $140,000,947.80. This represents a 5.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of the firm's stock in a transaction dated Tuesday, June 2nd. The stock was 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 of the company's stock, valued at approximately $45,504,306. This represents a 9.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 285,934 shares of company stock worth $130,353,006. Insiders own 0.50% of the company's stock.

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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