Csenge Advisory Group Sells 2,408 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Csenge Advisory Group cut its AMD stake by 18.8% in the second quarter, selling 2,408 shares and retaining 10,374 shares valued at approximately $6.03 million. Institutional investors and hedge funds collectively own 71.34% of AMD.
• AMD insiders have also been selling: CEO Lisa Su sold 125,000 shares for about $57.6 million, while insiders sold roughly $99.9 million of stock over the past 90 days.
• Despite the selling, Wall Street maintains a “Moderate Buy” consensus with a $546.95 price target. AMD recently exceeded quarterly earnings and revenue expectations, reporting $1.66 in EPS and $11.54 billion in revenue, up 50.1% year over year.

Csenge Advisory Group trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 18.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,374 shares of the semiconductor manufacturer's stock after selling 2,408 shares during the period. Csenge Advisory Group's holdings in Advanced Micro Devices were worth $6,026,000 at the end of the most recent quarter.

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

Insider Activity at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 125,000 shares of the firm's stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total value of $57,586,250.00. Following the completion of the transaction, the chief executive officer owned 2,896,899 shares of the company's stock, valued at approximately $1,334,572,400.31. This trade represents a 4.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of Advanced Micro Devices stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the completion of the sale, the director owned 87,173 shares in the company, valued at $45,504,306. The trade was a 9.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 210,763 shares of company stock worth $99,912,107. 0.50% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AMD shares. Loop Capital upgraded shares of Advanced Micro Devices to a "strong-buy" rating in a report on Tuesday, June 16th. Oppenheimer cut shares of Advanced Micro Devices from a "market perform" rating to a "market perform" rating in a research report on Wednesday, May 6th. Cantor Fitzgerald reiterated an "overweight" rating and set a $700.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Stifel Nicolaus increased their price target on Advanced Micro Devices from $450.00 to $635.00 and gave the stock a "buy" rating in a report on Friday, July 10th. Finally, Barclays cut Advanced Micro Devices from an "overweight" rating to an "underweight" rating in a report on Friday, June 12th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $546.95.

Advanced Micro Devices Price Performance

AMD stock opened at $456.74 on Tuesday. The stock has a market cap of $745.61 billion, a PE ratio of 117.41 and a beta of 2.48. The stock has a 50-day moving average price of $509.59 and a two-hundred day moving average price of $377.97. Advanced Micro Devices, Inc. has a 1 year low of $149.22 and a 1 year high of $584.73. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The company had revenue of $11.54 billion during the quarter, compared to analysts' expectations of $11.31 billion. During the same period in the prior year, the firm earned $0.48 earnings per share. Advanced Micro Devices's revenue for the quarter was up 50.1% compared to the same quarter last year. Equities analysts forecast that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD received a bullish BMO price-target call, with its AI ambitions supported by reported relationships or deals involving Meta, OpenAI and Anthropic. AMD Stock Gets Stunning Price Target From Wall Street
• Positive Sentiment: The company is investing more than $10 billion in Taiwan’s advanced-packaging and AI-system manufacturing ecosystem, including its supply-chain relationship with TSMC. The spending is intended to remove capacity constraints and support more than 60% annual data-center revenue growth over the next three to five years. AMD Is Investing More Than $10 Billion in Taiwan
• Positive Sentiment: Analysts and fund commentary see AMD as a potential beneficiary of increasingly CPU-intensive AI data centers, broadening the opportunity beyond accelerator chips. Can AMD Win From More CPU-Heavy AI Data Centers?
• Neutral Sentiment: AMD raised approximately $4.75 billion through unsecured senior notes and filed to potentially issue additional debt. The financing strengthens its ability to fund AI infrastructure, but also adds interest obligations and raises questions about capital efficiency. The appointment of Citi executive Tim Ryan to the board may bolster financial and strategic expertise. AMD Debt Raise and Taiwan AI Push
• Negative Sentiment: Semiconductor stocks sold off broadly ahead of Nvidia’s August 26 earnings release. Investors appear to be de-risking accelerator exposure because Nvidia’s results or outlook could reset expectations for the entire AI-chip trade. Intel and AMD Decline in Chip Sell-Off
• Negative Sentiment: AMD’s roughly $745 billion market capitalization and elevated price-to-earnings ratio leave the stock vulnerable to profit-taking when sentiment toward high-growth AI companies weakens. Concerns about competition from Nvidia and newer challengers such as Cerebras add to the pressure. Cerebras Revenue Surges and Implications for AMD

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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