Advanced Micro Devices, Inc. $AMD Shares Sold by Edmond DE Rothschild Holding S.A.

Key Points

• Edmond DE Rothschild Holding S.A. has reduced its stake in Advanced Micro Devices by 20.4%, now owning 47,430 shares valued at approximately $4.87 million.
• Several large investors, including Seaview Investment Managers LLC and Activest Wealth Management, have increased their positions in AMD, showing strong institutional interest.
• Despite missing earnings estimates, AMD's revenue of $7.69 billion for the latest quarter surpassed expectations, indicating notable growth in the semiconductor market.

Edmond DE Rothschild Holding S.A. decreased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 20.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,430 shares of the semiconductor manufacturer's stock after selling 12,138 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in Advanced Micro Devices were worth $4,873,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Eminence Capital LP boosted its stake in shares of Advanced Micro Devices by 52.5% in the first quarter. Eminence Capital LP now owns 1,566,817 shares of the semiconductor manufacturer's stock worth $160,975,000 after buying an additional 539,075 shares during the last quarter. Eventide Asset Management LLC boosted its stake in shares of Advanced Micro Devices by 33.1% in the first quarter. Eventide Asset Management LLC now owns 6,830 shares of the semiconductor manufacturer's stock worth $703,000 after buying an additional 1,697 shares during the last quarter. Cinctive Capital Management LP boosted its stake in shares of Advanced Micro Devices by 35.6% in the first quarter. Cinctive Capital Management LP now owns 4,218 shares of the semiconductor manufacturer's stock worth $433,000 after buying an additional 1,107 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Advanced Micro Devices by 70.3% in the first quarter. AQR Capital Management LLC now owns 471,506 shares of the semiconductor manufacturer's stock worth $47,636,000 after buying an additional 194,674 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in shares of Advanced Micro Devices by 43.9% in the first quarter. Advisors Asset Management Inc. now owns 22,417 shares of the semiconductor manufacturer's stock worth $2,303,000 after buying an additional 6,841 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Paul Darren Grasby sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president directly owned 125,505 shares in the company, valued at approximately $21,738,721.05. This represents a 7.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Mark D. Papermaster sold 17,998 shares of Advanced Micro Devices stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the completion of the sale, the executive vice president owned 1,713,710 shares in the company, valued at $265,676,461.30. This represents a 1.04% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 252,998 shares of company stock worth $41,415,580 in the last ninety days. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD traded down $10.65 during midday trading on Friday, hitting $151.14. The stock had a trading volume of 77,891,119 shares, compared to its average volume of 48,056,704. The company has a market capitalization of $245.28 billion, a PE ratio of 56.19, a P/E/G ratio of 1.78 and a beta of 1.92. The stock has a 50 day simple moving average of $161.36 and a 200-day simple moving average of $125.54. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $186.65. The company has a quick ratio of 1.81, a current ratio of 2.49 and a debt-to-equity ratio of 0.05.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm had revenue of $7.69 billion during the quarter, compared to analysts' expectations of $7.41 billion. During the same quarter last year, the business earned $0.69 EPS. The business's revenue was up 31.7% compared to the same quarter last year. Advanced Micro Devices has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Advanced Micro Devices announced that its board has approved a share buyback plan on Wednesday, May 14th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the semiconductor manufacturer to buy up to 3.1% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on AMD. Erste Group Bank upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating in a research report on Wednesday, July 23rd. Piper Sandler increased their price target on Advanced Micro Devices from $140.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 6th. Sanford C. Bernstein increased their price target on Advanced Micro Devices from $95.00 to $140.00 and gave the stock a "market perform" rating in a research report on Monday, July 21st. Benchmark increased their price target on Advanced Micro Devices from $170.00 to $210.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Finally, JPMorgan Chase & Co. increased their price target on Advanced Micro Devices from $120.00 to $180.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $181.33.

About Advanced Micro Devices

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.