NEOS Investment Management LLC Has $718.82 Million Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• NEOS Investment Management increased its AMD stake by 9.9% in the second quarter, adding 110,996 shares to own 1.24 million shares valued at approximately $718.8 million. AMD represents about 2.7% of NEOS’s portfolio, while institutional investors and hedge funds collectively own 71.34% of the stock.
• AMD reported strong quarterly results, with revenue rising 50.1% year over year to $11.54 billion and earnings of $1.66 per share, exceeding analyst expectations. Data-center growth and AI partnerships support the bullish outlook, though valuation remains a key risk.
• Insiders sold 232,577 AMD shares worth approximately $109.5 million over the past 90 days, including sales by senior executives under pre-arranged Rule 10b5-1 plans. Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $553.72.

NEOS Investment Management LLC grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 9.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,237,396 shares of the semiconductor manufacturer's stock after purchasing an additional 110,996 shares during the quarter. Advanced Micro Devices makes up approximately 2.7% of NEOS Investment Management LLC's holdings, making the stock its 8th biggest holding. NEOS Investment Management LLC owned about 0.08% of Advanced Micro Devices worth $718,816,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of AMD. Sarver Vrooman Wealth Advisors acquired a new stake in Advanced Micro Devices during the fourth quarter valued at approximately $27,000. Cornerstone Financial Management LLC bought a new stake in shares of Advanced Micro Devices in the 4th quarter valued at approximately $27,000. Basepoint Wealth LLC bought a new stake in shares of Advanced Micro Devices in the 4th quarter valued at approximately $30,000. JNBA Financial Advisors raised its position in shares of Advanced Micro Devices by 142.9% during the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer's stock valued at $30,000 after acquiring an additional 30 shares in the last quarter. Finally, Graney & King LLC acquired a new stake in shares of Advanced Micro Devices during the 1st quarter valued at approximately $31,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Advanced Micro Devices

In related news, SVP Ava Hahn sold 2,993 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The stock was 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 in the company, valued at $13,010,393.87. This trade represents a 10.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of Advanced Micro Devices stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total value of $13,595,046.57. Following the sale, the executive vice president directly owned 1,261,461 shares in the company, valued at $595,245,602.07. The trade was 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. In the last 90 days, insiders have sold 232,577 shares of company stock valued at $109,509,170. Company insiders own 0.50% of the company's stock.

Key Stories Impacting 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 Stock Performance

Shares of AMD opened at $477.57 on Friday. Advanced Micro Devices, Inc. has a 1 year low of $149.22 and a 1 year high of $584.73. The company has a market cap of $779.62 billion, a price-to-earnings ratio of 122.77, a price-to-earnings-growth ratio of 4.72 and a beta of 2.48. 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 firm has a fifty day moving average of $499.20 and a 200-day moving average of $393.27.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $11.54 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period last year, the firm posted $0.48 EPS. As a group, equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.

Analysts Set New Price Targets

AMD has been the subject of a number of research reports. TD Cowen reaffirmed a "buy" rating on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Barclays downgraded shares of Advanced Micro Devices from an "overweight" rating to an "underweight" rating in a research report on Friday, June 12th. Wells Fargo & Company lifted their price target on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the company an "overweight" rating in a report on Wednesday, August 5th. Rosenblatt Securities boosted their price objective on shares of Advanced Micro Devices from $665.00 to $700.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Advanced Micro Devices in a research note on Monday, August 3rd. Three research 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 issued a Sell rating to the company. According to data from MarketBeat, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and a consensus price target of $553.72.

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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