Czech National Bank Raises Stock Position in Advanced Micro Devices, Inc. $AMD

Czech National Bank raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 4.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 464,132 shares of the semiconductor manufacturer’s stock after acquiring an additional 20,097 shares during the quarter. Advanced Micro Devices makes up about 1.5% of Czech National Bank’s investment portfolio, making the stock its 12th biggest position. Czech National Bank’s holdings in Advanced Micro Devices were worth $269,619,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Norges Bank purchased a new stake in shares of Advanced Micro Devices during the fourth quarter worth about $4,929,312,000. Jennison Associates LLC lifted its holdings in Advanced Micro Devices by 181.6% in the 4th quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock worth $2,336,552,000 after purchasing an additional 7,035,991 shares in the last quarter. Cardano Risk Management B.V. purchased a new position in Advanced Micro Devices in the 4th quarter worth approximately $1,000,783,000. Wellington Management Group LLP boosted its stake in Advanced Micro Devices by 335.9% in the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock worth $784,330,000 after purchasing an additional 3,735,807 shares during the period. Finally, Franklin Resources Inc. boosted its stake in Advanced Micro Devices by 340.1% in the 4th quarter. Franklin Resources Inc. now owns 4,747,834 shares of the semiconductor manufacturer’s stock worth $1,016,796,000 after purchasing an additional 3,669,054 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction on 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 completion of the transaction, the chief executive officer directly owned 2,896,899 shares of the company’s stock, valued at $1,334,572,400.31. This trade represents a 4.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 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 dated Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the completion of the sale, the executive vice president owned 324,527 shares in the company, valued at approximately $140,000,947.80. This trade 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 have sold 285,934 shares of company stock worth $130,353,006 over the last three months. 0.50% of the stock is owned by company insiders.

Advanced Micro Devices Stock Up 1.5%

NASDAQ AMD opened at $489.28 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.96 and a current ratio of 2.61. The company has a market capitalization of $797.82 billion, a P/E ratio of 125.78 and a beta of 2.48. Advanced Micro Devices, Inc. has a one year low of $149.22 and a one year high of $584.73. The stock has a 50 day moving average price of $515.22 and a 200-day moving average price of $358.23.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. During the same quarter in the previous year, the business posted $0.48 earnings per share. Advanced Micro Devices’s quarterly revenue was up 50.1% on a year-over-year basis. As a group, equities analysts predict that Advanced Micro Devices, Inc. will post 6.34 EPS for the current fiscal year.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD agreed to acquire Taalas, a developer of specialized AI inference chips, for an undisclosed amount. Taalas’ technology is designed to reduce computing and memory bottlenecks and could improve inference speed and efficiency when combined with AMD Instinct GPUs. The deal strengthens AMD’s strategy as AI demand shifts from model training toward high-volume, real-time inference. AMD deepens AI inference bet with Taalas deal
• Positive Sentiment: Analysts continued raising their valuation targets after AMD’s strong second-quarter performance. Rosenblatt lifted its target to $700 and maintained a Buy rating, adding to bullish targets from firms including Jefferies, Truist, Cantor Fitzgerald and Wedbush. AMD analyst price target update
• Positive Sentiment: AMD reported quarterly revenue of $11.54 billion, up 50% year over year, while data-center revenue more than doubled to approximately $6.7 billion. Management also expects data-center revenue to more than double in 2027, supported by Helios and expanding AI infrastructure demand.
• Neutral Sentiment: The broader AI semiconductor trade remains supportive, but Nvidia’s software and engineering-tool expansion highlights the competitive challenge AMD faces in building a complete AI ecosystem. Nvidia bets on design tools while AMD scales hardware
• Negative Sentiment: Risks remain from AMD’s demanding valuation, muted margin expectations and Nvidia’s dominant market position. SpaceX’s decision to use Nvidia chips exclusively has also reinforced concerns about AMD’s ability to win major AI customers.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. HSBC cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and lifted their price objective for the company from $335.00 to $340.00 in a research report on Monday, May 4th. Wells Fargo & Company raised their target price on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the company an “overweight” rating in a research note on Wednesday. Rosenblatt Securities raised their target price on shares of Advanced Micro Devices from $665.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday. Wolfe Research set a $450.00 price target on shares of Advanced Micro Devices and gave the company an “outperform” rating in a report on Monday, June 15th. Finally, Oppenheimer cut shares of Advanced Micro Devices from a “market perform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, ten 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 a consensus target price of $542.53.

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.