Edmond DE Rothschild Holding S.A. Sells 21,058 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Edmond DE Rothschild Holding S.A. cut its AMD position by 36.6% in the second quarter, selling 21,058 shares and retaining 36,402 shares valued at approximately $21.1 million.
• AMD insiders have also been selling: CEO Lisa Su and EVP Mark Papermaster sold shares under pre-arranged Rule 10b5-1 plans, contributing to $99.9 million in insider sales over the past 90 days.
• Despite the selling, AMD reported strong quarterly results, with revenue up 50.1% year over year and EPS exceeding estimates; analysts maintain a “Moderate Buy” consensus with an average price target of $546.95.

Edmond DE Rothschild Holding S.A. decreased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 36.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,402 shares of the semiconductor manufacturer's stock after selling 21,058 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in Advanced Micro Devices were worth $21,146,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of AMD. Luminist Capital LLC acquired a new position in shares of Advanced Micro Devices during the second quarter valued at about $46,000. BOK Financial Private Wealth Inc. bought a new stake in Advanced Micro Devices during the 2nd quarter worth approximately $53,000. Joseph Group Capital Management bought a new position in shares of Advanced Micro Devices in the fourth quarter valued at approximately $25,000. Cornerstone Financial Management LLC bought a new stake in shares of Advanced Micro Devices in the 4th quarter worth $27,000. Finally, Sarver Vrooman Wealth Advisors purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 71.34% of the company's stock.

Insider Buying and Selling

In other news, CEO Lisa T. Su sold 15,000 shares of the business's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $480.94, for a total value 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of the firm's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the completion of the transaction, the executive vice president owned 1,261,461 shares in the company, valued at $595,245,602.07. This represents a 2.23% 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 210,763 shares of company stock worth $99,912,107 in the last ninety days. 0.50% of the stock is currently owned by insiders.

Advanced Micro Devices News Summary

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 Price Performance

AMD opened at $456.74 on Tuesday. The stock has a market capitalization of $745.61 billion, a P/E ratio of 117.41 and a beta of 2.48. 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, Inc. has a 12-month low of $149.22 and a 12-month high of $584.73. The stock has a 50-day moving average price of $509.59 and a 200-day moving average price of $377.97.

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 analysts' consensus estimates 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 the consensus estimate of $11.31 billion. During the same quarter in the previous year, the company posted $0.48 EPS. Advanced Micro Devices's quarterly revenue was up 50.1% compared to the same quarter last year. Equities analysts predict that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMD has been the topic of a number of recent analyst reports. Stifel Nicolaus lifted 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. Jefferies Financial Group set a $650.00 price objective on Advanced Micro Devices in a research note on Wednesday, August 5th. Northland Securities restated a "market perform" rating and issued a $260.00 price objective on shares of Advanced Micro Devices in a research note on Monday, April 27th. Sanford C. Bernstein reiterated an "outperform" rating and issued a $650.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and set a $700.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $546.95.

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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