Advanced Micro Devices, Inc. $AMD Shares Sold by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. reduced its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 26.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,565 shares of the semiconductor manufacturer's stock after selling 1,281 shares during the period. Advanced Micro Devices accounts for about 0.9% of Whalen Wealth Management Inc.'s holdings, making the stock its 23rd biggest position. Whalen Wealth Management Inc.'s holdings in Advanced Micro Devices were worth $2,071,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Algert Global LLC lifted its position in shares of Advanced Micro Devices by 185.7% during the 2nd quarter. Algert Global LLC now owns 14,916 shares of the semiconductor manufacturer's stock worth $8,665,000 after buying an additional 9,696 shares during the last quarter. D.B. Root & Company LLC grew its position in shares of Advanced Micro Devices by 16.7% in the 2nd quarter. D.B. Root & Company LLC now owns 1,998 shares of the semiconductor manufacturer's stock valued at $1,161,000 after buying an additional 286 shares during the last quarter. Asset One Wealth Management LLC raised its stake in Advanced Micro Devices by 3.0% during the 2nd quarter. Asset One Wealth Management LLC now owns 23,072 shares of the semiconductor manufacturer's stock worth $12,208,000 after acquiring an additional 664 shares in the last quarter. Safeguard Investment Advisory Group LLC raised its stake in Advanced Micro Devices by 1.9% during the 2nd quarter. Safeguard Investment Advisory Group LLC now owns 4,738 shares of the semiconductor manufacturer's stock worth $2,752,000 after acquiring an additional 88 shares in the last quarter. Finally, Tairen Capital Ltd lifted its position in Advanced Micro Devices by 6.7% in the second quarter. Tairen Capital Ltd now owns 171,100 shares of the semiconductor manufacturer's stock valued at $99,394,000 after acquiring an additional 10,700 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AI demand and product roadmap remain strong: AMD’s previously announced rack-scale platforms and server products are moving closer to deployment, supporting expectations for continued data-center growth. Recent results showed revenue up 50% year over year to $11.54 billion, while management guided to roughly $13 billion in third-quarter revenue. AMD stock ran its published roadmap
• Positive Sentiment: Strategic Nutanix partnership broadens AMD’s AI offering: AMD’s equity investment and joint development agreement with Nutanix could help deliver integrated, open AI inference systems that compete with Nvidia’s software-centric platform. AMD and Nutanix strategic partnership
• Neutral Sentiment: Analyst comparisons favor rivals on risk-reward: Commentary argues Broadcom offers better diversification and a lower valuation, while Nvidia’s stronger profitability, CUDA ecosystem and recent outperformance give it an advantage over AMD. These comparisons may limit enthusiasm despite AMD’s growth prospects. Broadcom versus AMD risk-reward comparison
• Negative Sentiment: Potential tariffs increase cost and supply-chain risk: Reports that the administration may extend semiconductor tariffs to products containing chips, including data-center servers, have raised concerns about higher costs and disrupted hardware supply chains. Why AMD stock is sliding
• Negative Sentiment: Profit-taking and selling activity weigh on sentiment: ARK Invest sold approximately $18 million of AMD shares while reallocating capital to Broadcom and Cerebras. AMD EVP Jean Hu also sold $7.1 million of stock under a pre-arranged Rule 10b5-1 plan, although she retained a substantial position. Cathie Wood sold AMD stock

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on AMD shares. Needham & Company LLC upgraded shares of Advanced Micro Devices to a "buy" rating in a research note on Wednesday, May 6th. Benchmark upped their target price on Advanced Micro Devices from $485.00 to $685.00 and gave the company a "buy" rating in a research report on Wednesday, July 22nd. Rosenblatt Securities raised their price target on Advanced Micro Devices from $665.00 to $700.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Stifel Nicolaus raised their price target on Advanced Micro Devices from $450.00 to $635.00 and gave the stock a "buy" rating in a report on Friday, July 10th. Finally, Raymond James Financial raised Advanced Micro Devices from an "outperform" rating to a "strong-buy" rating and boosted their price target for the stock from $565.00 to $641.00 in a research note on Tuesday. Four analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Advanced Micro Devices has an average rating of "Moderate Buy" and a consensus price target of $553.72.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD opened at $465.58 on Friday. The company has a 50-day simple moving average of $505.66 and a 200-day simple moving average of $384.43. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The company has a market cap of $760.05 billion, a PE ratio of 119.69 and a beta of 2.48. Advanced Micro Devices, Inc. has a 12 month low of $149.22 and a 12 month high of $584.73.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its 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 net margin of 15.58% and a return on equity of 12.30%. The firm had revenue of $11.54 billion during the quarter, compared to analysts' expectations of $11.31 billion. During the same period in the previous year, the company earned $0.48 EPS. Advanced Micro Devices's revenue for the quarter was up 50.1% on a year-over-year basis. On average, equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.

Insider Activity

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,261 shares of the firm's stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $459.95, for a total value of $7,939,196.95. Following the sale, the executive vice president directly owned 373,317 shares of the company's stock, valued at approximately $171,707,154.15. This trade represents a 4.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 125,000 shares of the company's stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total transaction of $57,586,250.00. Following the transaction, the chief executive officer directly owned 2,896,899 shares of the company's stock, valued at approximately $1,334,572,400.31. This represents a 4.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 241,203 shares of company stock valued at $114,011,942 in the last three months. Company insiders own 0.50% of the company's 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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