Trinity Street Asset Management LLP Has $28.29 Million Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Trinity Street Asset Management reduced its AMD position by 4.4% in the second quarter, retaining 48,702 shares valued at approximately $28.29 million. Institutional investors collectively own 71.34% of AMD.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $546.87. Three analysts rate AMD a Strong Buy, while 31 recommend Buy.
• AMD reported quarterly earnings of $1.66 per share and revenue of $11.54 billion, exceeding estimates, with revenue up 50.1% year over year. However, insiders sold 160,934 shares worth $74.66 million last quarter, and the stock’s high valuation remains a potential risk.

Trinity Street Asset Management LLP lessened its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 4.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,702 shares of the semiconductor manufacturer's stock after selling 2,261 shares during the period. Advanced Micro Devices accounts for 1.5% of Trinity Street Asset Management LLP's holdings, making the stock its 15th biggest holding. Trinity Street Asset Management LLP's holdings in Advanced Micro Devices were worth $28,291,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on AMD shares. Raymond James Financial initiated coverage on Advanced Micro Devices in a research note on Wednesday, May 6th. They issued a "market perform" rating on the stock. Wall Street Zen upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a research report on Monday, July 20th. Wedbush reissued an "outperform" rating and set a $600.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Evercore restated an "outperform" rating and issued a $579.00 price target on shares of Advanced Micro Devices in a report on Tuesday, May 19th. Finally, KeyCorp set a $650.00 price target 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-one have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $546.87.

More Advanced Micro Devices News

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

• Positive Sentiment: Strong Q2 results and data-center momentum: AMD reported earnings and revenue above analyst expectations, with revenue rising 50% year over year. Data-center revenue more than doubled, driving record profitability and higher guidance. AMD Q2 2026 Earnings Call Transcript
• Positive Sentiment: AI infrastructure demand is improving the sector outlook: AMD rallied alongside Nvidia and Intel after strong earnings from companies in the server and AI-infrastructure supply chain. Reports also highlighted a major Anthropic data-center buildout as a potential signal of broader demand for AMD accelerators. AMD, Intel, and NVIDIA Rally After AI Earnings Anthropic AI Buildout
• Positive Sentiment: New collaboration expands AMD’s technology narrative: AMD announced a memorandum of understanding with the University of Oxford’s BOLD initiative, helping support investor interest in the company’s AI and advanced-computing strategy. AMD Oxford BOLD Collaboration
• Positive Sentiment: Analyst remains bullish on long-term growth: Phillip Securities reiterated a Buy rating and set a $755 price target, arguing that agentic AI demand could justify AMD’s premium valuation. Northland Securities also raised its FY2027 EPS forecast to $8.55 from $6.95. Phillip Securities AMD Rating
• Neutral Sentiment: Institutional activity is mixed: Bessemer Group disclosed a sizable new AMD position, while Optiver, ProShare Advisors and Amundi reported reductions. Because these are delayed 13F disclosures covering June 30, they may have limited immediate trading significance.
• Negative Sentiment: Valuation concerns could limit further gains: Commentary noted that AMD trades at a substantially higher forward earnings multiple than Nvidia. Critics argue that AMD is smaller and growing more slowly, leaving the stock vulnerable if AI spending or margins disappoint. AMD Versus Nvidia Valuation

Insider Buying and Selling at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 125,000 shares of the firm's stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total value of $57,586,250.00. Following the transaction, the chief executive officer owned 2,896,899 shares of the company's stock, valued at approximately $1,334,572,400.31. This trade represents a 4.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the business's stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total value of $8,406,691.80. Following the sale, the executive vice president directly owned 324,527 shares of the company's stock, valued at $140,000,947.80. This represents a 5.66% 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. Insiders sold a total of 160,934 shares of company stock worth $74,664,256 in the last quarter. 0.50% of the stock is owned by insiders.

Advanced Micro Devices Price Performance

Shares of AMD opened at $482.93 on Thursday. Advanced Micro Devices, Inc. has a 12-month low of $149.22 and a 12-month high of $584.73. The business's fifty day moving average is $511.61 and its 200 day moving average is $364.87. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The stock has a market cap of $788.37 billion, a P/E ratio of 124.15 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings data 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. The firm 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%. The business's quarterly revenue was up 50.1% compared to the same quarter last year. During the same period last year, the firm earned $0.48 earnings per share. Sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 earnings per share 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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