DMC Group LLC Has $4.24 Million Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• DMC Group reduced its AMD position by 26.8% in the second quarter, selling 2,667 shares and retaining 7,297 shares worth approximately $4.24 million. AMD represents 2.9% of the firm’s holdings, while institutional investors collectively own 71.34% of the stock.
• AMD reported strong quarterly results, with revenue up 50.1% year over year to $11.54 billion and EPS of $1.66, exceeding estimates. Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $553.72.
• Valuation and insider selling remain key risks: AMD trades at a P/E ratio above 120, while insiders sold about $109.5 million of stock over the past 90 days. Coverage also warns that substantial expected growth may already be priced into the shares.

DMC Group LLC trimmed its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 26.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,297 shares of the semiconductor manufacturer's stock after selling 2,667 shares during the quarter. Advanced Micro Devices accounts for 2.9% of DMC Group LLC's holdings, making the stock its 4th largest holding. DMC Group LLC's holdings in Advanced Micro Devices were worth $4,239,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in AMD. BlackRock Inc. raised its holdings in shares of Advanced Micro Devices by 3.1% in the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer's stock valued at $87,311,650,000 after acquiring an additional 4,535,126 shares in the last quarter. State Street Corp grew its holdings in Advanced Micro Devices by 1.5% during the 4th quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer's stock worth $16,044,712,000 after acquiring an additional 1,094,835 shares in the last quarter. Geode Capital Management LLC grew its holdings in Advanced Micro Devices by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer's stock worth $8,015,897,000 after acquiring an additional 287,525 shares in the last quarter. Norges Bank purchased a new position in Advanced Micro Devices during the 4th quarter valued at about $4,929,312,000. Finally, Price T Rowe Associates Inc. MD increased its position in Advanced Micro Devices by 0.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer's stock valued at $4,352,864,000 after purchasing an additional 55,969 shares during the period. Institutional investors own 71.34% of the company's stock.

Advanced Micro Devices News Roundup

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

Analyst Upgrades and Downgrades

Several research firms have recently commented on AMD. Mizuho boosted their price target on Advanced Micro Devices from $615.00 to $625.00 and gave the stock an "outperform" rating in a research report on Monday, July 27th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Advanced Micro Devices in a report on Monday, August 3rd. William Blair reissued a "market perform" rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. DA Davidson raised their price target on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Finally, Roth Capital lifted their price objective 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. Three equities research 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices presently has an average rating of "Moderate Buy" and an average target price of $553.72.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 15,000 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $480.94, for a total transaction of $7,214,100.00. Following the completion of the sale, the chief executive officer owned 3,102,156 shares of the company's stock, valued at approximately $1,491,950,906.64. The trade was a 0.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 value of $7,111,200.00. Following the sale, the executive vice president owned 160,979 shares in the company, valued at approximately $76,316,924.32. The trade was a 8.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 232,577 shares of company stock valued at $109,509,170. Company insiders own 0.50% of the company's stock.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $477.57 on Monday. The company has a 50 day moving average price of $499.20 and a 200 day moving average price of $394.58. The firm has a market capitalization of $779.62 billion, a P/E ratio of 122.77, a PEG ratio of 4.95 and a beta of 2.48. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 52 week low of $149.22 and a 52 week high of $584.73.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its earnings results 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 net margin of 15.58% and a return on equity of 12.30%. The company had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. During the same quarter in the previous year, the firm earned $0.48 EPS. Advanced Micro Devices's revenue was up 50.1% compared to the same quarter last year. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 6.44 EPS for the current year.

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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