Fiduciary Financial Advisors Acquires Shares of 1,591 Advanced Micro Devices, Inc. $AMD

Fiduciary Financial Advisors acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,591 shares of the semiconductor manufacturer's stock, valued at approximately $921,000.

Other large investors have also made changes to their positions in the company. Southpoint Capital Advisors LP increased its holdings in shares of Advanced Micro Devices by 50.0% in the first quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer's stock valued at $183,087,000 after purchasing an additional 300,000 shares in the last quarter. Jefferies Financial Group Inc. lifted its holdings in Advanced Micro Devices by 6,228.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 308,021 shares of the semiconductor manufacturer's stock worth $65,966,000 after buying an additional 303,154 shares in the last quarter. Boomfish Wealth Group LLC acquired a new position in Advanced Micro Devices during the 1st quarter worth $1,193,000. Dimensional Fund Advisors LP boosted its position in Advanced Micro Devices by 6.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,142,516 shares of the semiconductor manufacturer's stock valued at $1,045,954,000 after buying an additional 291,165 shares during the last quarter. Finally, Williamson Legacy Group LLC bought a new position in Advanced Micro Devices in the 4th quarter valued at $1,118,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Lisa T. Su sold 15,000 shares of the company'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 directly owned 3,102,156 shares of the company's stock, valued at $1,491,950,906.64. This represents a 0.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Eugene Norrod sold 17,261 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $459.95, for a total transaction of $7,939,196.95. Following the completion of the sale, the executive vice president owned 373,317 shares in the company, valued at $171,707,154.15. This represents a 4.42% decrease in their ownership of the stock. 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. Insiders sold a total of 241,203 shares of company stock worth $114,011,942 over the last quarter. Insiders own 0.50% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on AMD. Rosenblatt Securities boosted their target price on Advanced Micro Devices from $665.00 to $700.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Roth Capital raised their price target on Advanced Micro Devices from $500.00 to $650.00 and gave the company a "buy" rating in a report on Friday, July 24th. UBS Group reiterated an "overweight" rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Morgan Stanley boosted their price objective on Advanced Micro Devices from $410.00 to $465.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 5th. Finally, Truist Financial upped their target price on shares of Advanced Micro Devices from $478.00 to $594.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and an average target price of $553.72.

Advanced Micro Devices Stock Down 2.3%

Shares of Advanced Micro Devices stock opened at $465.58 on Friday. The business has a fifty day simple moving average of $505.66 and a 200 day simple moving average of $384.43. The stock has a market cap of $760.05 billion, a PE ratio of 119.69 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 12 month low of $149.22 and a 12 month 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, beating 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 firm had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same quarter in the prior year, the firm posted $0.48 earnings per share. The company's quarterly revenue was up 50.1% on a year-over-year basis. Research analysts predict that Advanced Micro Devices, Inc. will post 6.44 EPS for the current year.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: AI demand and product roadmap remain strong: AMD’s previously announced rack-scale platforms and server products are moving closer to deployment, supporting expectations for continued data-center growth. Recent results showed revenue up 50% year over year to $11.54 billion, while management guided to roughly $13 billion in third-quarter revenue. AMD stock ran its published roadmap
• Positive Sentiment: Strategic Nutanix partnership broadens AMD’s AI offering: AMD’s equity investment and joint development agreement with Nutanix could help deliver integrated, open AI inference systems that compete with Nvidia’s software-centric platform. AMD and Nutanix strategic partnership
• Neutral Sentiment: Analyst comparisons favor rivals on risk-reward: Commentary argues Broadcom offers better diversification and a lower valuation, while Nvidia’s stronger profitability, CUDA ecosystem and recent outperformance give it an advantage over AMD. These comparisons may limit enthusiasm despite AMD’s growth prospects. Broadcom versus AMD risk-reward comparison
• Negative Sentiment: Potential tariffs increase cost and supply-chain risk: Reports that the administration may extend semiconductor tariffs to products containing chips, including data-center servers, have raised concerns about higher costs and disrupted hardware supply chains. Why AMD stock is sliding
• Negative Sentiment: Profit-taking and selling activity weigh on sentiment: ARK Invest sold approximately $18 million of AMD shares while reallocating capital to Broadcom and Cerebras. AMD EVP Jean Hu also sold $7.1 million of stock under a pre-arranged Rule 10b5-1 plan, although she retained a substantial position. Cathie Wood sold AMD stock

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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