GTS Securities LLC Grows Stake in Advanced Micro Devices, Inc. $AMD

Key Points

• GTS Securities increased its AMD stake by 131.8% in the second quarter, bringing its holdings to 30,726 shares worth approximately $17.85 million. Hedge funds and other institutions collectively own 71.34% of AMD.
• AMD beat quarterly expectations with adjusted EPS of $1.66 versus $1.62 expected and revenue of $11.54 billion, up 50.1% year over year. Shares opened at $457.06, while the stock trades at a high price-to-earnings ratio of 117.5.
• Analysts maintain a generally bullish outlook, with a consensus “Moderate Buy” rating and an average price target of $553.72. However, execution challenges relative to Nvidia, elevated valuation, profit-taking, and recent insider selling remain potential risks.

GTS Securities LLC boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 131.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,726 shares of the semiconductor manufacturer's stock after acquiring an additional 17,471 shares during the quarter. GTS Securities LLC's holdings in Advanced Micro Devices were worth $17,849,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Cookson Peirce & Co. Inc. bought a new stake in Advanced Micro Devices in the second quarter worth $350,000. Private Management Group Inc. bought a new position in Advanced Micro Devices during the second quarter valued at $318,000. Hollencrest Capital Management raised its stake in shares of Advanced Micro Devices by 168.0% in the second quarter. Hollencrest Capital Management now owns 10,642 shares of the semiconductor manufacturer's stock valued at $6,182,000 after acquiring an additional 6,671 shares during the period. Greenleaf Trust raised its stake in shares of Advanced Micro Devices by 5.1% in the second quarter. Greenleaf Trust now owns 37,115 shares of the semiconductor manufacturer's stock valued at $21,560,000 after acquiring an additional 1,816 shares during the period. Finally, Delta Asset Management LLC TN lifted its holdings in shares of Advanced Micro Devices by 1.5% in the 2nd quarter. Delta Asset Management LLC TN now owns 1,497 shares of the semiconductor manufacturer's stock worth $870,000 after acquiring an additional 22 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Trading Down 0.6%

Shares of AMD opened at $457.06 on Thursday. Advanced Micro Devices, Inc. has a 1-year low of $149.22 and a 1-year high of $584.73. The company has a 50-day moving average of $501.61 and a 200 day moving average of $390.93. The firm has a market capitalization of $746.14 billion, a price-to-earnings ratio of 117.50, a PEG ratio of 4.76 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91.

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

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD’s AI infrastructure collaboration with Cisco and Saudi Arabia’s HUMAIN is gaining traction: MI355X-based systems are reportedly live and serving customers, with plans for an additional 250 megawatts beginning in 2027 and as much as 1 gigawatt by 2030. The buildout could create a significant long-term data-center revenue opportunity. AMD Saudi Arabia AI infrastructure
• Positive Sentiment: Several bullish commentaries argue that AMD could benefit from the next phase of AI spending, particularly inference workloads and server CPUs. One forecast sees the company potentially reaching a $2 trillion valuation by 2030, while analysts cited elsewhere see additional upside from current levels. AMD $2 trillion forecast
• Positive Sentiment: Tiger Global reportedly opened an AMD position while reducing its Alphabet stake, suggesting some institutional investors are rotating toward AI-chip exposure. Tiger Global AMD position
• Neutral Sentiment: AMD remains above a widely watched support level near $450, but technical coverage says higher U.S. interest rates are weighing on high-growth technology stocks and limiting near-term momentum. AMD technical levels and rates
• Negative Sentiment: J.P. Morgan reportedly views AMD as facing execution challenges relative to Nvidia. Nvidia’s investment in MediaTek and continued efforts to defend its AI-chip ecosystem also reinforce concerns that AMD must execute effectively to gain share. J.P. Morgan Nvidia versus AMD
• Negative Sentiment: Investors are also taking profits after AMD’s substantial 2026 advance. Commentary highlights valuation pressure, with the stock trading at a very high earnings multiple, while ARK Invest has continued reducing its AMD position. ARK Invest reduces AMD shares

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on AMD shares. Jefferies Financial Group set a $650.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Benchmark increased their price objective on shares of Advanced Micro Devices from $485.00 to $685.00 and gave the stock a "buy" rating in a research report on Wednesday, July 22nd. Cantor Fitzgerald reissued an "overweight" rating and issued a $700.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Sanford C. Bernstein restated an "outperform" rating and set a $650.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Finally, Mizuho upped their target price on Advanced Micro Devices from $615.00 to $625.00 and gave the company an "outperform" rating in a research note on Monday, July 27th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $553.72.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 17,261 shares of the firm's stock in a transaction on Monday, August 24th. The stock was sold at an average price of $459.95, for a total transaction of $7,939,196.95. Following the transaction, the executive vice president directly owned 373,317 shares in the company, valued at $171,707,154.15. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 2,993 shares of Advanced Micro Devices stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total value of $1,462,649.17. Following the sale, the senior vice president directly owned 26,623 shares of the company's stock, valued at approximately $13,010,393.87. This trade represents a 10.11% decrease in their ownership of the stock. 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 232,577 shares of company stock valued at $109,509,170 in the last ninety days. Corporate insiders own 0.50% of the company's stock.

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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