Agur Provident & Training Funds Management Ltd. Takes $12.26 Million Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Agur Provident & Training Funds Management purchased 22,435 AMD shares worth approximately $12.26 million in the second quarter. AMD now represents 2.9% of the firm’s portfolio and is its 11th-largest holding.
• AMD insiders sold 232,577 shares valued at roughly $109.5 million over the past quarter, including 15,000-share sales by CEO Lisa Su and EVP Jean X. Hu under pre-arranged Rule 10b5-1 plans.
• Analysts maintain a broadly positive view, with a consensus “Moderate Buy” rating and an average price target of $553.72. However, AMD’s valuation remains a risk, with shares trading at approximately 123 times earnings after a gain of more than 200% over the past year.

Agur Provident & Training Funds Management Ltd. purchased a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 22,435 shares of the semiconductor manufacturer's stock, valued at approximately $12,263,000. Advanced Micro Devices makes up 2.9% of Agur Provident & Training Funds Management Ltd.'s investment portfolio, making the stock its 11th largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMD. Sarver Vrooman Wealth Advisors bought a new stake in shares of Advanced Micro Devices in the 4th quarter worth about $27,000. Cornerstone Financial Management LLC bought a new position in shares of Advanced Micro Devices during the fourth quarter worth about $27,000. Basepoint Wealth LLC bought a new position in shares of Advanced Micro Devices during the fourth quarter worth about $30,000. JNBA Financial Advisors grew its stake in Advanced Micro Devices by 142.9% in the second quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer's stock worth $30,000 after purchasing an additional 30 shares in the last quarter. Finally, Graney & King LLC bought a new stake in Advanced Micro Devices in the first quarter valued at about $31,000. Hedge funds and other institutional investors own 71.34% of the company's stock.

Insider Transactions at Advanced Micro Devices

In other news, EVP Jean X. Hu sold 15,000 shares of the stock in a transaction on Tuesday, August 25th. The stock was 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 owned 160,979 shares of the company's stock, valued at approximately $76,316,924.32. This represents a 8.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 15,000 shares of the firm's stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $480.94, for a total value of $7,214,100.00. Following the transaction, the chief executive officer directly owned 3,102,156 shares in the company, valued at $1,491,950,906.64. This trade represents a 0.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 232,577 shares of company stock worth $109,509,170 over the last quarter. Insiders own 0.50% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have commented on AMD. Wolfe Research set a $450.00 target price on Advanced Micro Devices and gave the stock an "outperform" rating in a report on Monday, June 15th. Zacks Research downgraded Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 1st. William Blair reissued a "market perform" rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Royal Bank Of Canada restated a "sector perform" rating and set a $540.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Finally, Wedbush reaffirmed an "outperform" rating and issued a $600.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two 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 data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $553.72.

Advanced Micro Devices News Summary

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

• Positive Sentiment: AMD shares gained after the company unveiled a more than $100,000 AI workstation planned for 2027. The product reinforces AMD’s push beyond data-center chips and could expand its exposure to high-end AI systems. AMD Stock Jumps After Unveiling $100,000-Plus AI Workstation for 2027
• Positive Sentiment: One forecast sees AMD’s data-center business exceeding 70% of company revenue in 2027, based on its recent growth outpacing all other segments. If sustained, that mix shift would make AMD more leveraged to the fast-growing AI infrastructure market. Prediction: Data Center Passes 70% of AMD's Revenue in 2027
• Positive Sentiment: Several analysts and commentators argue that AMD’s strong AI performance and upcoming product ramps are not fully reflected in the valuation, with one bullish thesis suggesting substantial long-term appreciation. AMD’s latest reported quarter also showed 50.1% year-over-year revenue growth and an earnings beat.
• Neutral Sentiment: AMD and NVIDIA are pursuing different strategies for capturing AI spending. Commentary suggests AMD may benefit from the next phase of AI buildouts if customers seek more supplier diversity and alternative architectures, but the outcome remains uncertain. AMD Is Behind the AI Chip Shift Nobody Is Talking About
• Negative Sentiment: Valuation is a major concern. AMD has risen more than 200% over the past year and trades at roughly 123 times earnings, making the stock vulnerable to profit-taking or disappointment even if AI demand remains strong. AMD Is Now More Expensive Than Nvidia And Broadcom
• Negative Sentiment: Broadcom is identified as a significant competitive threat because it is building deep relationships with hyperscale customers and could capture part of the same AI infrastructure market AMD is targeting. The risk is that AMD’s growth ceiling may be lower than current expectations. AMD’s Whole AI Story Has One Threat It Cannot Ignore: Broadcom
• Negative Sentiment: Other analysis acknowledges that AI demand is real but highlights execution, competition, cyclical semiconductor conditions, and the possibility that expectations have become too aggressive. Seasonal September weakness across major indexes could also add pressure to high-beta semiconductor stocks.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $477.57 on Tuesday. 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 one year low of $149.22 and a one year high of $584.73. The company has a 50-day simple moving average of $497.96 and a 200-day simple moving average of $396.52. The firm has a market capitalization of $779.62 billion, a P/E ratio of 122.77, a P/E/G ratio of 4.95 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its earnings results 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 firm had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. Advanced Micro Devices's revenue was up 50.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.48 EPS. As a group, equities analysts expect that Advanced Micro Devices, Inc. will post 6.44 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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