Raab & Moskowitz Asset Management LLC Cuts Stock Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Raab & Moskowitz Asset Management cut its AMD position by 24.7% in the first quarter, selling 2,213 shares and retaining 6,729 shares worth approximately $1.37 million. Institutional investors collectively own 71.34% of AMD.
• AMD insiders sold 310,310 shares valued at about $141.2 million over the past three months, while CEO Lisa Su’s sale reduced her holdings by 4.14%; insiders own 0.50% of the company.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $529.46, supported by strong revenue and earnings growth, though AMD’s high valuation and competition create risks ahead of its August 4 earnings report.

Raab & Moskowitz Asset Management LLC lessened its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 24.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,729 shares of the semiconductor manufacturer's stock after selling 2,213 shares during the quarter. Raab & Moskowitz Asset Management LLC's holdings in Advanced Micro Devices were worth $1,369,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Joseph Group Capital Management purchased a new stake in Advanced Micro Devices during the 4th quarter worth approximately $25,000. Cornerstone Financial Management LLC acquired a new stake in Advanced Micro Devices during the 4th quarter worth approximately $27,000. Sarver Vrooman Wealth Advisors purchased a new position in Advanced Micro Devices in the 4th quarter valued at approximately $27,000. Basepoint Wealth LLC purchased a new position in Advanced Micro Devices in the 4th quarter valued at approximately $30,000. Finally, Graney & King LLC acquired a new position in shares of Advanced Micro Devices in the first quarter worth $31,000. Hedge funds and other institutional investors own 71.34% of the company's stock.

Insider Buying and Selling

In other news, CEO Lisa T. Su sold 125,000 shares of the business's stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total transaction of $57,586,250.00. Following the completion of the sale, the chief executive officer owned 2,896,899 shares in the company, valued at approximately $1,334,572,400.31. The trade was a 4.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of the company's stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the completion of the transaction, the director owned 87,173 shares of the company's stock, valued at approximately $45,504,306. The trade was a 9.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 310,310 shares of company stock valued at $141,185,456 over the last three months. 0.50% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AMD. Stifel Nicolaus upped their price objective on Advanced Micro Devices from $450.00 to $635.00 and gave the stock a "buy" rating in a research report on Friday, July 10th. Melius Research set a $660.00 target price on Advanced Micro Devices in a research note on Friday, July 24th. BTIG Research upgraded Advanced Micro Devices to a "buy" rating in a report on Wednesday, May 6th. Barclays lowered Advanced Micro Devices from an "overweight" rating to an "underweight" rating in a research report on Friday, June 12th. Finally, Robert W. Baird set a $1,250.00 price objective on Advanced Micro Devices in a research report on Friday, July 24th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $529.46.

Advanced Micro Devices Trading Down 1.9%

NASDAQ:AMD opened at $476.15 on Friday. Advanced Micro Devices, Inc. has a 1 year low of $149.22 and a 1 year high of $584.73. The stock has a market cap of $776.41 billion, a P/E ratio of 156.12 and a beta of 2.47. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. The stock has a 50-day simple moving average of $515.42 and a 200-day simple moving average of $349.69.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.08. The business had revenue of $10.25 billion for the quarter, compared to analyst estimates of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The business's quarterly revenue was up 37.8% on a year-over-year basis. During the same quarter last year, the company earned $0.96 EPS. As a group, analysts anticipate that Advanced Micro Devices, Inc. will post 6.27 earnings per share for the current fiscal year.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Amazon’s plan to increase AI and data-center spending to $220 billion reinforced expectations for sustained demand for AMD’s data-center CPUs and AI accelerators. AMD gave back much of its earlier advance as the session progressed. AMD Stock Gains as Amazon Expands AI Spending to $220 Billion
• Positive Sentiment: Reports that GPU prices could rise in August helped support AMD shares by suggesting firm demand and improved pricing power for graphics products. AMD Stock Jumps as Reports Point to a GPU Price Increase in August
• Positive Sentiment: AMD’s agreement to lease up to 2.5 gigawatts of capacity from Core Scientific could accelerate AI data-center deployment. Bernstein estimated the partnership could generate roughly $14 billion in revenue over 15 years. Core Scientific's AMD Deal Could Generate $14 Billion Over 15 Years
• Positive Sentiment: Susquehanna raised its AMD price target from $450 to $500 and kept a positive rating, citing improving server-CPU prospects. Wedbush has also pointed to a potential AI data-center ramp supported by Microsoft and Anthropic partnerships. Susquehanna Just Upped Its Price Target on AMD Stock
• Neutral Sentiment: AMD is scheduled to report fiscal second-quarter results after the market close on August 4. Traders are positioning for a sizable move, making revenue growth, Instinct accelerator demand, gross margins and forward guidance the key near-term catalysts. Here's How Much Traders See AMD Stock Moving After Earnings
• Negative Sentiment: Analysts and technical indicators warn that AMD’s valuation is demanding, with a triple-digit price-to-earnings ratio and intense competition from NVIDIA and other chipmakers. A strong earnings report may be required to justify current expectations. Should You Buy AMD Stock Ahead of Q2 Earnings?
• Negative Sentiment: The recent semiconductor selloff, concerns about an AI-trade unwind after SK hynix results, and profit-taking following AMD’s major 2026 rally continue to weigh on sentiment despite the sector rebound. Nvidia, Micron, AMD Sink After SK Hynix Results Fail to Impress

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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