BlueCrest Capital Management Ltd Acquires Shares of 2,230 Advanced Micro Devices, Inc. $AMD

Key Points

• BlueCrest Capital Management acquired 2,230 AMD shares worth approximately $1.295 million in the second quarter. Hedge funds and other institutional investors own 71.34% of AMD’s outstanding stock.
• AMD insiders have recently been sellers: executives Forrest Norrod and Jean Hu sold shares under pre-arranged Rule 10b5-1 plans, with insiders selling 107,577 shares worth about $51.9 million over the past three months.
• Analyst sentiment remains positive, with AMD carrying a consensus “Moderate Buy” rating and a $565.12 target price. The company also reported quarterly revenue growth of 50.1% year over year and earnings that exceeded estimates.

BlueCrest Capital Management Ltd acquired a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,230 shares of the semiconductor manufacturer's stock, valued at approximately $1,295,000.

Several other hedge funds have also modified their holdings of AMD. Southpoint Capital Advisors LP raised its stake in Advanced Micro Devices by 50.0% in the 1st quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer's stock valued at $183,087,000 after purchasing an additional 300,000 shares during the last quarter. Jefferies Financial Group Inc. boosted its stake in Advanced Micro Devices by 6,228.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 308,021 shares of the semiconductor manufacturer's stock worth $65,966,000 after purchasing an additional 303,154 shares during the last quarter. Boomfish Wealth Group LLC purchased a new stake in shares of Advanced Micro Devices during the first quarter worth $1,193,000. Dimensional Fund Advisors LP raised its position in shares of Advanced Micro Devices by 6.0% in the first quarter. Dimensional Fund Advisors LP now owns 5,142,516 shares of the semiconductor manufacturer's stock valued at $1,045,954,000 after buying an additional 291,165 shares during the last quarter. Finally, Williamson Legacy Group LLC purchased a new position in shares of Advanced Micro Devices in the fourth quarter worth about $1,118,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Forrest 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 transaction of $7,939,196.95. Following the completion of 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of the business's stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the completion of the sale, the executive vice president owned 160,979 shares in the company, valued at approximately $76,316,924.32. This trade represents a 8.52% 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. Over the last three months, insiders have sold 107,577 shares of company stock valued at $51,922,920. 0.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

AMD has been the subject of several research reports. Loop Capital raised shares of Advanced Micro Devices to a "strong-buy" rating in a research note on Tuesday, June 16th. TD Cowen restated a "buy" rating on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Evercore reiterated an "outperform" rating and set a $579.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday, May 19th. BMO Capital Markets started coverage on Advanced Micro Devices in a research note on Thursday, August 20th. They set an "outperform" rating and a $550.00 price objective on the stock. Finally, Roth Capital upped their target price on Advanced Micro Devices from $500.00 to $650.00 and gave the company a "buy" rating in a report on Friday, July 24th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and a consensus target price of $565.12.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AI market opportunity raised: CFO Jean Hu told investors at Citi’s 2026 Global TMT Conference that AMD’s addressable AI market could reach approximately $3 trillion by 2030, up from an earlier estimate near $2 trillion. The company also expects its data-center business to double in 2027, strengthening the long-term growth narrative. Why is AMD stock surging 3% today
• Positive Sentiment: Analyst and institutional support: The expanded AI outlook prompted higher price targets, including a reported $710 target from CLSA. Bank of America also identified AMD and Micron as beneficiaries of shifting semiconductor investment, while recent filings indicate substantial additions by large institutional investors. AMD Stock Surges on AI Market Forecast
• Positive Sentiment: Technical momentum improved: AMD was named IBD Stock of the Day after moving above an early buy point, suggesting that renewed investor demand is reinforcing the fundamental AI story. AMD Regains Investor Favor
• Neutral Sentiment: Execution remains critical: Analysts view AMD’s AI opportunity as substantial, but the company must secure adequate chip supply, execute its data-center roadmap and compete effectively with Nvidia and other custom-AI-chip providers. AMD’s AI Opportunity Raises the Stakes
• Negative Sentiment: Valuation and selling pressure are risks: AMD’s elevated valuation leaves limited room for execution disappointments. ARK Invest has recently reduced its AMD position, and reported insider transactions have consisted of sales rather than purchases. Cathie Wood Sheds More AMD

Advanced Micro Devices Stock Up 3.0%

Shares of NASDAQ AMD opened at $521.09 on Thursday. The company has a market capitalization of $850.66 billion, a P/E ratio of 133.96, a P/E/G ratio of 5.24 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 1.91. The company has a 50 day simple moving average of $496.07 and a 200-day simple moving average of $400.91. Advanced Micro Devices, Inc. has a 1 year low of $149.85 and a 1 year 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 EPS for the quarter, beating analysts' consensus estimates of $1.62 by $0.04. The firm had revenue of $11.54 billion for the quarter, compared to analysts' expectations of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The firm's quarterly revenue was up 50.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.48 earnings per share. On average, equities research analysts predict 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 semiconductor company that designs high-performance computing, graphics and adaptive-processing products. Its portfolio includes central processing units (CPUs), graphics processing units (GPUs), accelerated processing units (APUs), field-programmable gate arrays (FPGAs) and adaptive system-on-chip products.

AMD serves customers across data centers, cloud computing, personal computers, gaming consoles, embedded systems and industrial applications.

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