AlphaGrep UK Ltd Has $489,000 Stake in Advanced Micro Devices, Inc. $AMD

AlphaGrep UK Ltd cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 65.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 841 shares of the semiconductor manufacturer's stock after selling 1,564 shares during the period. AlphaGrep UK Ltd's holdings in Advanced Micro Devices were worth $489,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AMD. Norges Bank purchased a new stake in shares of Advanced Micro Devices during the 4th quarter valued at about $4,929,312,000. Bank of America Corp DE purchased a new position in shares of Advanced Micro Devices in the second quarter worth approximately $7,022,226,000. Cardano Risk Management B.V. purchased a new position in shares of Advanced Micro Devices in the fourth quarter worth approximately $1,000,783,000. BlackRock Inc. grew its position in Advanced Micro Devices by 3.1% during the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer's stock valued at $87,311,650,000 after buying an additional 4,535,126 shares during the period. Finally, Wellington Management Group LLP increased its holdings in Advanced Micro Devices by 335.9% during the third quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer's stock valued at $784,330,000 after buying an additional 3,735,807 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Wall Street Analysts Forecast Growth

AMD has been the topic of a number of recent research reports. BMO Capital Markets began coverage on Advanced Micro Devices in a report on Thursday, August 20th. They issued an "outperform" rating and a $550.00 target price on the stock. JPMorgan Chase & Co. upped their target price on shares of Advanced Micro Devices from $385.00 to $550.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 5th. Wolfe Research set a $450.00 price target on Advanced Micro Devices and gave the company an "outperform" rating in a research note on Monday, June 15th. DA Davidson lifted their price objective on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Finally, Mizuho lifted their target price on Advanced Micro Devices from $615.00 to $625.00 and gave the stock an "outperform" rating in a report on Monday, July 27th. Three investment 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. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $553.72.

Advanced Micro Devices Stock Performance

AMD opened at $477.57 on Monday. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The stock's fifty day moving average is $499.20 and its two-hundred day moving average is $394.58. The company 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. 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 released its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share 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 analyst estimates of $11.31 billion. During the same period in the prior year, the firm earned $0.48 earnings per share. The firm's revenue for the quarter was up 50.1% compared to the same quarter last year. Analysts forecast that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.

Insider Activity

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,993 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $488.69, for a total value of $1,462,649.17. Following the transaction, the senior vice president owned 26,623 shares in the company, valued at $13,010,393.87. The trade was a 10.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,261 shares of the stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $459.95, for a total transaction 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. The trade was a 4.42% decrease in their ownership of the stock. 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 232,577 shares of company stock worth $109,509,170 over the last ninety days. 0.50% of the stock is currently owned by corporate insiders.

Key Stories Impacting Advanced Micro Devices

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

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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