Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report) CEO Lisa Su sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $480.94, for a total transaction of $7,214,100.00. Following the transaction, the chief executive officer directly owned 3,102,156 shares of the company’s stock, valued at $1,491,950,906.64. The trade was a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a legal 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.
Advanced Micro Devices Trading Up 0.6%
Shares of AMD stock opened at $469.45 on Friday. Advanced Micro Devices, Inc. has a 12-month low of $149.22 and a 12-month high of $584.73. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The firm’s 50 day moving average is $512.16 and its 200 day moving average is $374.86. The stock has a market capitalization of $766.36 billion, a P/E ratio of 120.68 and a beta of 2.48.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced 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. The business had revenue of $11.54 billion during 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 company’s quarterly revenue was up 50.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.48 EPS. Research analysts expect that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.
Trending Headlines about Advanced Micro Devices
- Positive Sentiment: Coatue Management opened a new AMD position valued at approximately $55.8 million during the second quarter, signaling renewed institutional confidence in the AI infrastructure opportunity. Coatue Management Opens AMD Position
- Positive Sentiment: Google is reportedly collaborating with AMD on its 10th-generation TPU, potentially creating a major design win and strengthening AMD’s relationship with one of the largest AI infrastructure buyers. Google Reportedly Working With AMD on TPU
- Positive Sentiment: AMD appointed Tim Ryan to its board, adding technology, enterprise operations and financial-governance experience. The company also named KC McClure chair of its Audit and Finance Committee. AMD Appoints Tim Ryan
- Neutral Sentiment: AMD’s strong operating backdrop remains central to the bull case: latest reported revenue rose 50.1% year over year to $11.54 billion, while data-center growth and expanding AI demand support bullish analyst targets. However, the stock’s elevated earnings multiple leaves limited room for disappointment. AMD Valuation Analysis
- Negative Sentiment: Google’s expanding $120 billion custom-chip initiative, including a deeper relationship with Marvell, adds another competitor to AMD and Nvidia in AI inference workloads. The development has contributed to weakness across AI-chip shares. Google Expands Custom-Chip Push
- Negative Sentiment: ARK Invest sold 25,917 AMD shares across four ETFs while adding Nvidia, continuing a pattern of reducing AMD exposure. The move reinforces concerns about investor preference shifting toward AMD’s larger rival. ARK Invest Trims AMD
- Negative Sentiment: CEO Lisa Su and SVP Ava Hahn disclosed stock sales totaling roughly $8.7 million. Both transactions were made under pre-arranged Rule 10b5-1 plans, limiting their significance, but the sales may still weigh on sentiment. AMD Insider Sale Filings
Wall Street Analyst Weigh In
Several research analysts have issued reports on the company. Northland Securities reissued a “market perform” rating and issued a $260.00 target price on shares of Advanced Micro Devices in a research report on Monday, April 27th. Needham & Company LLC raised shares of Advanced Micro Devices to a “buy” rating in a research report on Wednesday, May 6th. Melius Research set a $660.00 price objective on shares of Advanced Micro Devices in a research note on Friday, July 24th. Wedbush reissued an “outperform” rating and issued a $600.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Finally, Stifel Nicolaus raised their price objective on shares of Advanced Micro Devices from $450.00 to $635.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus price target of $546.95.
Read Our Latest Stock Analysis on Advanced Micro Devices
Institutional Trading of Advanced Micro Devices
Hedge funds and other institutional investors have recently bought and sold shares of the stock. First National Bank of Hutchinson increased its stake in shares of Advanced Micro Devices by 0.4% during the 2nd quarter. First National Bank of Hutchinson now owns 5,639 shares of the semiconductor manufacturer’s stock worth $3,276,000 after purchasing an additional 22 shares during the last quarter. Delta Asset Management LLC TN lifted its stake in shares of Advanced Micro Devices by 1.5% in the 2nd quarter. Delta Asset Management LLC TN now owns 1,497 shares of the semiconductor manufacturer’s stock valued at $870,000 after purchasing an additional 22 shares during the last quarter. Park Place Capital Corp lifted its stake in shares of Advanced Micro Devices by 19.5% in the 2nd quarter. Park Place Capital Corp now owns 141 shares of the semiconductor manufacturer’s stock valued at $82,000 after purchasing an additional 23 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Advanced Micro Devices by 12.8% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 212 shares of the semiconductor manufacturer’s stock worth $43,000 after purchasing an additional 24 shares in the last quarter. Finally, Trust Co of the South boosted its holdings in Advanced Micro Devices by 1.5% in the second quarter. Trust Co of the South now owns 1,746 shares of the semiconductor manufacturer’s stock worth $1,014,000 after purchasing an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.
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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