Stonebridge Capital Management Inc. Invests $2.34 Million in Advanced Micro Devices, Inc. $AMD

Key Points

• Stonebridge Capital Management purchased a new $2.34 million stake in AMD during the second quarter, acquiring 4,023 shares. AMD now represents 1.1% of Stonebridge’s portfolio, while institutional investors collectively own 71.34% of the company.
• AMD reported strong operating momentum: quarterly revenue rose 50.1% year over year to $11.54 billion, beating estimates, and EPS of $1.66 exceeded expectations. Analysts maintain a “Moderate Buy” consensus with an average price target of $553.72.
• Risks include elevated valuation and selling pressure: AMD trades at a P/E ratio near 120, while insiders have sold roughly $114 million in shares over the past three months. Potential semiconductor tariffs and competition from Nvidia and Broadcom could also weigh on sentiment.

Stonebridge Capital Management Inc. purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,023 shares of the semiconductor manufacturer's stock, valued at approximately $2,337,000. Advanced Micro Devices comprises 1.1% of Stonebridge Capital Management Inc.'s portfolio, making the stock its 27th biggest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC increased its stake in Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock valued at $5,551,000 after purchasing an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock worth $1,001,000 after purchasing an additional 234 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock worth $758,000 after purchasing an additional 2,970 shares in the last quarter. United Bank boosted its position in shares of Advanced Micro Devices by 22.0% during the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer's stock worth $1,881,000 after purchasing an additional 2,392 shares in the last quarter. Finally, Schnieders Capital Management LLC. grew its holdings in shares of Advanced Micro Devices by 361.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer's stock valued at $1,310,000 after buying an additional 7,228 shares during the period. Institutional investors own 71.34% of the company's stock.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AI demand and product roadmap remain strong: AMD’s previously announced rack-scale platforms and server products are moving closer to deployment, supporting expectations for continued data-center growth. Recent results showed revenue up 50% year over year to $11.54 billion, while management guided to roughly $13 billion in third-quarter revenue. AMD stock ran its published roadmap
• Positive Sentiment: Strategic Nutanix partnership broadens AMD’s AI offering: AMD’s equity investment and joint development agreement with Nutanix could help deliver integrated, open AI inference systems that compete with Nvidia’s software-centric platform. AMD and Nutanix strategic partnership
• Neutral Sentiment: Analyst comparisons favor rivals on risk-reward: Commentary argues Broadcom offers better diversification and a lower valuation, while Nvidia’s stronger profitability, CUDA ecosystem and recent outperformance give it an advantage over AMD. These comparisons may limit enthusiasm despite AMD’s growth prospects. Broadcom versus AMD risk-reward comparison
• Negative Sentiment: Potential tariffs increase cost and supply-chain risk: Reports that the administration may extend semiconductor tariffs to products containing chips, including data-center servers, have raised concerns about higher costs and disrupted hardware supply chains. Why AMD stock is sliding
• Negative Sentiment: Profit-taking and selling activity weigh on sentiment: ARK Invest sold approximately $18 million of AMD shares while reallocating capital to Broadcom and Cerebras. AMD EVP Jean Hu also sold $7.1 million of stock under a pre-arranged Rule 10b5-1 plan, although she retained a substantial position. Cathie Wood sold AMD stock

Advanced Micro Devices Price Performance

AMD stock opened at $465.58 on Monday. The stock has a 50-day moving average price of $505.66 and a two-hundred day moving average price of $385.61. The stock has a market cap of $760.05 billion, a PE ratio of 119.69 and a beta of 2.48. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 1 year low of $149.22 and a 1 year high of $584.73.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued 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 company had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The company's quarterly revenue was up 50.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.48 earnings per share. Equities analysts forecast that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 15,000 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $480.94, for a total value of $7,214,100.00. Following the sale, the chief executive officer directly owned 3,102,156 shares in the company, valued at $1,491,950,906.64. This trade represents a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 the business's stock in a transaction 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 completion of the sale, the senior vice president directly owned 26,623 shares in the company, valued at approximately $13,010,393.87. This represents a 10.11% 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 three months, insiders have sold 241,203 shares of company stock worth $114,011,942. Corporate insiders own 0.50% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Susquehanna upped their price objective on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the company a "positive" rating in a research report on Thursday, July 30th. Bank of America boosted their target price on Advanced Micro Devices from $550.00 to $620.00 and gave the company a "buy" rating in a research note on Tuesday, July 14th. TD Cowen restated a "buy" rating on shares of Advanced Micro Devices in a report on Wednesday, August 5th. UBS Group reaffirmed an "overweight" rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Finally, DA Davidson lifted their price objective on Advanced Micro Devices from $425.00 to $550.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $553.72.

About Advanced Micro Devices

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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