Centaurus Financial Inc. Buys Shares of 39,597 Advanced Micro Devices, Inc. $AMD

Key Points

• Centaurus Financial acquired 39,597 AMD shares worth approximately $23 million during the second quarter, making AMD its 25th-largest holding and representing about 0.9% of its portfolio.
• Institutional investors own 71.34% of AMD, while insiders sold 241,203 shares valued at roughly $114 million last quarter, including significant sales by senior executives under Rule 10b5-1 plans.
• AMD reported quarterly revenue of $11.54 billion, up 50.1% year over year, and beat earnings estimates; analysts maintain a “Moderate Buy” consensus with an average price target of $553.72, though tariff risks and competition from Nvidia and Broadcom remain concerns.

Centaurus Financial Inc. bought a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 39,597 shares of the semiconductor manufacturer's stock, valued at approximately $23,002,000. Advanced Micro Devices comprises about 0.9% of Centaurus Financial Inc.'s investment portfolio, making the stock its 25th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMD. First National Bank of Hutchinson grew its stake in shares of Advanced Micro Devices by 0.4% in the 2nd quarter. First National Bank of Hutchinson now owns 5,639 shares of the semiconductor manufacturer's stock valued at $3,276,000 after buying an additional 22 shares in the last quarter. Park Place Capital Corp raised its position in Advanced Micro Devices by 19.5% during the second quarter. Park Place Capital Corp now owns 141 shares of the semiconductor manufacturer's stock valued at $82,000 after acquiring an additional 23 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd raised its position in Advanced Micro Devices by 12.8% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 212 shares of the semiconductor manufacturer's stock valued at $43,000 after acquiring an additional 24 shares in the last quarter. Trust Co of the South lifted its stake in Advanced Micro Devices by 1.5% in the second quarter. Trust Co of the South now owns 1,746 shares of the semiconductor manufacturer's stock valued at $1,014,000 after acquiring an additional 25 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC lifted its stake in Advanced Micro Devices by 9.4% in the second quarter. Beaird Harris Wealth Management LLC now owns 292 shares of the semiconductor manufacturer's stock valued at $169,000 after acquiring an additional 25 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other 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 directly owned 26,623 shares in the company, valued at approximately $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 SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of the business's stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $471.87, for a total value of $13,595,046.57. Following the transaction, the executive vice president directly owned 1,261,461 shares of the company's stock, valued at $595,245,602.07. This represents a 2.23% decrease in their position. 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 a total of 241,203 shares of company stock valued at $114,011,942 in the last quarter. Insiders own 0.50% of the company's stock.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $465.58 on Monday. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The firm has a fifty day simple moving average of $505.66 and a 200-day simple moving average of $385.61. The stock has a market capitalization of $760.05 billion, a price-to-earnings ratio of 119.69 and a beta of 2.48. Advanced Micro Devices, Inc. has a 1-year low of $149.22 and a 1-year high of $584.73.

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 business had revenue of $11.54 billion for 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% compared to the same quarter last year. During the same period last year, the business posted $0.48 EPS. On average, sell-side analysts expect that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. BMO Capital Markets assumed coverage on shares of Advanced Micro Devices in a research note on Thursday, August 20th. They set an "outperform" rating and a $550.00 price target on the stock. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $540.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $700.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Benchmark increased their target price on shares of Advanced Micro Devices from $485.00 to $685.00 and gave the stock a "buy" rating in a research report on Wednesday, July 22nd. Finally, Wolfe Research set a $450.00 target price on Advanced Micro Devices and gave the company an "outperform" rating in a report on Monday, June 15th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Advanced Micro Devices has a consensus rating of "Moderate Buy" and an average price target of $553.72.

Key Headlines 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

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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