Compass Financial Management LLC Acquires New Position in Advanced Micro Devices, Inc. $AMD

Compass Financial Management LLC acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,258 shares of the semiconductor manufacturer's stock, valued at approximately $4,568,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AMD. Elevation Point Wealth Partners LLC increased its stake in shares of Advanced Micro Devices by 8.1% in the second quarter. Elevation Point Wealth Partners LLC now owns 24,086 shares of the semiconductor manufacturer's stock worth $13,992,000 after purchasing an additional 1,812 shares in the last quarter. Daiichi Life Insurance Co. Ltd. raised its position in shares of Advanced Micro Devices by 9.3% in the second quarter. Daiichi Life Insurance Co. Ltd. now owns 98,563 shares of the semiconductor manufacturer's stock valued at $57,256,000 after purchasing an additional 8,349 shares during the period. Commerce Bank lifted its stake in shares of Advanced Micro Devices by 55.5% during the 2nd quarter. Commerce Bank now owns 176,903 shares of the semiconductor manufacturer's stock valued at $102,765,000 after buying an additional 63,147 shares in the last quarter. Gabelli Funds LLC lifted its stake in shares of Advanced Micro Devices by 24.4% during the 2nd quarter. Gabelli Funds LLC now owns 66,473 shares of the semiconductor manufacturer's stock valued at $38,615,000 after buying an additional 13,039 shares in the last quarter. Finally, Gamco Investors INC. ET AL boosted its holdings in Advanced Micro Devices by 437.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 15,223 shares of the semiconductor manufacturer's stock worth $8,843,000 after buying an additional 12,390 shares during the period. Institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Stock Down 0.9%

Shares of NASDAQ:AMD opened at $476.67 on Friday. The firm has a fifty day moving average price of $507.14 and a two-hundred day moving average price of $383.86. 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, Inc. has a one year low of $149.22 and a one year high of $584.73. The company has a market cap of $778.15 billion, a price-to-earnings ratio of 122.54 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings results 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 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%. The business's revenue for the quarter was up 50.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.48 EPS. Analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: AI growth outlook remains robust: AMD’s second-quarter revenue increased 50% year over year to approximately $11.5 billion, with data-center revenue more than doubling to $6.7 billion. Management’s roughly $13 billion third-quarter revenue outlook and 56% gross-margin forecast support expectations for continued momentum. AMD growth outlook
• Positive Sentiment: Analyst upgrade and product catalysts: Raymond James upgraded AMD, citing a potential $201 billion revenue opportunity by 2030 from agentic AI. AMD is also preparing the MI455X accelerator and Helios rack system, while ROCm 10, UCIe connectivity and new secure-AI initiatives could strengthen its ecosystem. Raymond James AMD upgrade
• Positive Sentiment: Enterprise AI positioning: AMD’s equity investment and joint development agreement with Nutanix could help it offer more complete inference and agentic-AI systems as an open alternative to Nvidia’s platform. AMD and Nutanix partnership
• Neutral Sentiment: Anthropic’s mixed chip strategy: Anthropic reportedly previously committed substantial spending involving AMD but later signed a six-year, $45 billion lease for Nvidia-powered capacity. The news suggests AMD remains relevant, but Nvidia may be the preferred provider for the largest AI workloads. Anthropic AMD and Nvidia spending
• Negative Sentiment: Insider and fund selling: EVP Forrest Norrod sold about $7.9 million of AMD stock and EVP Jean Hu sold approximately $7.1 million, both under pre-arranged Rule 10b5-1 plans. ARK Invest also sold about $18.2 million of AMD while rotating into Broadcom and Cerebras, weighing on sentiment after AMD’s substantial rally. AMD insider sale filing
• Negative Sentiment: Competition and risk factors: Nvidia’s blowout results emphasized AMD’s weaker margins and software ecosystem, while AMD’s elevated valuation, potential semiconductor tariffs, export restrictions and rising memory costs increase the execution risk required to sustain its growth expectations. Nvidia versus AMD investment comparison

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Barclays downgraded Advanced Micro Devices from an "overweight" rating to an "underweight" rating in a research report on Friday, June 12th. JPMorgan Chase & Co. lifted their price target on Advanced Micro Devices from $385.00 to $550.00 and gave the company a "neutral" rating in a research report on Wednesday, August 5th. Argus boosted their price objective on Advanced Micro Devices from $450.00 to $625.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. BTIG Research raised Advanced Micro Devices to a "buy" rating in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada reissued a "sector perform" rating and set a $540.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Advanced Micro Devices currently has an average rating of "Moderate Buy" and an average price target of $553.72.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Jean X. Hu sold 15,000 shares of the firm's stock in a transaction dated 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 sale, the executive vice president owned 160,979 shares of the company's stock, valued at $76,316,924.32. This trade represents a 8.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 value of $1,462,649.17. Following the completion of the sale, 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 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 have sold 241,203 shares of company stock valued at $114,011,942 in the last ninety days. 0.50% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Company 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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