Maloon Powers Pitre Higgins & Dennehy LLC Purchases New Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Maloon Powers Pitre Higgins & Dennehy LLC purchased 1,971 AMD shares worth approximately $1.145 million in the second quarter. Institutional investors collectively own 71.34% of AMD.
• AMD insiders sold 232,577 shares valued at roughly $109.5 million over the past quarter, including sales by senior executives Ava Hahn and Jean X. Hu under pre-arranged Rule 10b5-1 plans.
• AMD reported quarterly revenue of $11.54 billion, up 50.1% year over year, and EPS of $1.66, exceeding analyst estimates. Analysts maintain a broadly bullish outlook, with a consensus “Moderate Buy” rating and a $553.72 target price, though AMD’s high valuation remains a key risk.

Maloon Powers Pitre Higgins & Dennehy LLC purchased a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,971 shares of the semiconductor manufacturer's stock, valued at approximately $1,145,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Markowski Investments acquired a new stake in shares of Advanced Micro Devices in the 2nd quarter valued at approximately $158,000. Old Mission Investment Co LLC acquired a new position in Advanced Micro Devices during the second quarter worth $456,000. Outlook Capital Management LLC acquired a new position in Advanced Micro Devices during the second quarter worth $626,000. Turner Financial Group Inc. bought a new stake in Advanced Micro Devices during the second quarter worth $4,391,000. Finally, Oakmont Investment Advisors Inc. bought a new stake in Advanced Micro Devices during the second quarter worth $298,000. Institutional investors own 71.34% of the company's stock.

Insider Activity at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,993 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $488.69, for a total transaction of $1,462,649.17. Following the transaction, the senior vice president owned 26,623 shares in the company, valued at approximately $13,010,393.87. This trade represents a 10.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 Advanced Micro Devices stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total value of $7,111,200.00. Following the sale, the executive vice president directly owned 160,979 shares of the company's stock, valued at approximately $76,316,924.32. The trade was a 8.52% 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. Over the last quarter, insiders have sold 232,577 shares of company stock valued at $109,509,170. Insiders own 0.50% of the company's stock.

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $477.57 on Friday. The firm has a 50-day moving average of $499.20 and a 200-day moving average of $393.27. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. The stock has a market cap of $779.62 billion, a PE ratio of 122.77, a P/E/G ratio of 4.95 and a beta of 2.48. 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 announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating analysts' consensus estimates of $1.62 by $0.04. The business had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. Advanced Micro Devices's quarterly revenue was up 50.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.48 EPS. On average, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Bank of America boosted their price objective on shares of Advanced Micro Devices from $550.00 to $620.00 and gave the stock a "buy" rating in a research note on Tuesday, July 14th. DA Davidson raised their target price on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Citigroup upgraded Advanced Micro Devices from a "market perform" rating to a "buy" rating in a report on Wednesday, July 22nd. Weiss Ratings reissued a "hold (c+)" rating on shares of Advanced Micro Devices in a research report on Monday, August 3rd. Finally, Wedbush restated an "outperform" rating and issued a $600.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $553.72.

Trending Headlines about Advanced Micro Devices

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

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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