Sigma Planning Corp Has $22.37 Million Stock Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Sigma Planning Corp reduced its AMD stake by 2.9% in the second quarter, selling 1,154 shares and retaining 38,503 shares valued at approximately $22.37 million. Institutional investors collectively own 71.34% of AMD.
• AMD’s latest quarter exceeded expectations, with revenue rising 50.1% year over year to $11.54 billion and EPS of $1.66 versus the $1.62 consensus estimate. Analysts maintain a “Moderate Buy” consensus with an average price target of $553.72.
• Investor sentiment is mixed: AMD’s AI infrastructure expansion and potential data-center growth support the bullish outlook, while high valuation, insider selling, interest-rate pressures, and execution concerns relative to Nvidia remain key risks.

Sigma Planning Corp decreased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 2.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,503 shares of the semiconductor manufacturer's stock after selling 1,154 shares during the period. Sigma Planning Corp's holdings in Advanced Micro Devices were worth $22,367,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMD. Sarver Vrooman Wealth Advisors bought a new position in Advanced Micro Devices during the fourth quarter worth $27,000. Cornerstone Financial Management LLC bought a new stake in shares of Advanced Micro Devices during the 4th quarter worth about $27,000. Basepoint Wealth LLC acquired a new position in Advanced Micro Devices in the 4th quarter valued at about $30,000. Graney & King LLC bought a new position in Advanced Micro Devices in the 1st quarter valued at about $31,000. Finally, Main Street Group LTD bought a new position in Advanced Micro Devices in the 1st quarter valued at about $33,000. 71.34% of the stock is currently owned by institutional investors.

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 research analysts have recently issued reports on the company. Seaport Research Partners upgraded Advanced Micro Devices from a "neutral" rating to a "buy" rating and set a $430.00 price objective for the company in a report on Wednesday, May 6th. JPMorgan Chase & Co. increased their target price on Advanced Micro Devices from $385.00 to $550.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. KeyCorp set a $650.00 price target on Advanced Micro Devices in a research note on Wednesday, August 5th. TD Cowen reaffirmed a "buy" rating on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Finally, Roth Capital increased their price objective on Advanced Micro Devices from $500.00 to $650.00 and gave the stock a "buy" rating in a research report on Friday, July 24th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $553.72.

Insider Activity

In other news, SVP Ava Hahn sold 2,993 shares of the company's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total transaction of $1,462,649.17. Following the completion of the sale, the senior vice president owned 26,623 shares of the company's stock, valued at approximately $13,010,393.87. This represents a 10.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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 stock was sold at an average price of $459.95, for a total transaction of $7,939,196.95. Following 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 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. Over the last three months, insiders sold 232,577 shares of company stock valued at $109,509,170. Company insiders own 0.50% of the company's stock.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $457.06 on Thursday. The firm has a market cap of $746.14 billion, a PE ratio of 117.50, a price-to-earnings-growth 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. The stock's fifty day moving average price is $501.61 and its two-hundred day moving average price is $390.93. Advanced Micro Devices, Inc. has a one year low of $149.22 and a one year 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 analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $11.31 billion. During the same period in the prior year, the company posted $0.48 EPS. The company's revenue was up 50.1% compared to the same quarter last year. As a group, research analysts expect that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

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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