CIBC Capital Markets Europe S.A. Makes New Investment in Advanced Micro Devices, Inc. $AMD

Key Points

• CIBC Capital Markets Europe purchased 85,421 AMD shares worth approximately $49.6 million, making AMD its fifth-largest holding at about 6.7% of the portfolio. Institutional investors collectively own 71.34% of AMD.
• AMD reported quarterly earnings of $1.66 per share and revenue of $11.54 billion, surpassing analyst estimates; revenue increased 50.1% year over year.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $553.72, though AMD insiders sold more than $109.5 million of stock over the past 90 days.

CIBC Capital Markets Europe S.A. purchased a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 85,421 shares of the semiconductor manufacturer's stock, valued at approximately $49,622,000. Advanced Micro Devices makes up approximately 6.7% of CIBC Capital Markets Europe S.A.'s holdings, making the stock its 5th largest holding.

Several other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC lifted its holdings in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock valued at $5,551,000 after acquiring an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock valued at $1,001,000 after purchasing an additional 234 shares during the period. Sivia Capital Partners LLC raised its position in Advanced Micro Devices by 125.1% in the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock valued at $758,000 after purchasing an additional 2,970 shares during the period. United Bank boosted its position in shares of Advanced Micro Devices by 22.0% in the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer's stock worth $1,881,000 after buying an additional 2,392 shares during the period. Finally, Schnieders Capital Management LLC. grew its stake in shares of Advanced Micro Devices by 361.0% in the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer's stock valued at $1,310,000 after buying an additional 7,228 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Up 4.7%

Shares of Advanced Micro Devices stock opened at $477.57 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $149.22 and a 1-year high of $584.73. The company has a market capitalization of $779.62 billion, a P/E ratio of 122.77, a PEG ratio of 4.72 and a beta of 2.48. The business's fifty day moving average price is $499.20 and its two-hundred day moving average price is $393.27. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced 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. 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% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.48 earnings per share. As a group, research analysts forecast that Advanced Micro Devices, Inc. will post 6.44 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Loop Capital raised Advanced Micro Devices to a "strong-buy" rating in a research report on Tuesday, June 16th. William Blair reiterated a "market perform" rating on shares of Advanced Micro Devices in a research note on Friday, July 24th. Roth Capital boosted their target price on shares of Advanced Micro Devices from $500.00 to $650.00 and gave the stock a "buy" rating in a research report on Friday, July 24th. Wolfe Research set a $450.00 price target on shares of Advanced Micro Devices and gave the company an "outperform" rating in a report on Monday, June 15th. Finally, Wells Fargo & Company lifted their price target on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $553.72.

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 15,000 shares of the business's stock in a transaction dated 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 sale, the chief executive officer directly owned 3,102,156 shares in the company, valued at approximately $1,491,950,906.64. The trade was a 0.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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, SVP Ava Hahn sold 2,993 shares of the firm's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total transaction of $1,462,649.17. Following the transaction, the senior vice president owned 26,623 shares of the company's stock, valued at approximately $13,010,393.87. This trade represents a 10.11% 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. In the last ninety days, insiders have sold 232,577 shares of company stock worth $109,509,170. 0.50% of the stock is owned by corporate insiders.

Key Headlines 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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