Corient Private Wealth LP Lowers Stock Position in Advanced Micro Devices, Inc. $AMD

Corient Private Wealth LP lessened its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 15.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 534,553 shares of the semiconductor manufacturer’s stock after selling 100,878 shares during the period. Corient Private Wealth LP’s holdings in Advanced Micro Devices were worth $310,523,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Advanced Micro Devices during the 4th quarter worth about $27,000. Cornerstone Financial Management LLC purchased a new position in shares of Advanced Micro Devices in the 4th quarter valued at about $27,000. Basepoint Wealth LLC acquired a new position in Advanced Micro Devices in the 4th quarter worth about $30,000. JNBA Financial Advisors raised its holdings in Advanced Micro Devices by 142.9% in the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 30 shares during the period. Finally, Graney & King LLC purchased a new position in Advanced Micro Devices during the first quarter worth approximately $31,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa Su sold 15,000 shares of Advanced Micro Devices stock in a transaction 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 sale, the chief executive officer 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 position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Grasby sold 15,000 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the sale, the executive vice president directly owned 117,687 shares of the company’s stock, valued at $60,598,213.17. The trade was a 11.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 107,577 shares of company stock worth $51,922,920 in the last ninety days. Company insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

AMD has been the topic of several research analyst reports. DA Davidson raised 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. Loop Capital raised Advanced Micro Devices to a “strong-buy” rating in a research note on Tuesday, June 16th. Piper Sandler assumed coverage on Advanced Micro Devices in a research report on Wednesday. They set an “overweight” rating and a $600.00 target price on the stock. Raymond James Financial raised shares of Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and lifted their price target for the company from $565.00 to $641.00 in a research note on Tuesday, August 25th. Finally, Barclays lowered shares of Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a report on Friday, June 12th. Three analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $565.12.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $503.60 on Friday. The stock has a market capitalization of $822.11 billion, a P/E ratio of 129.46, a PEG ratio of 5.40 and a beta of 2.48. The business has a 50 day simple moving average of $495.78 and a two-hundred day simple moving average of $403.04. Advanced Micro Devices, Inc. has a 12 month low of $149.85 and a 12 month high of $584.73. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $11.31 billion. During the same period in the previous year, the company posted $0.48 earnings per share. The business’s revenue was up 50.1% on a year-over-year basis. As a group, analysts predict that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Analysts remain constructive on AMD’s long-term outlook. Piper Sandler initiated coverage with a Buy rating, while other bullish commentary points to potential price targets near $600 and continued gains in data-center CPUs and AI accelerators. Piper Sandler AMD coverage
• Positive Sentiment: AMD’s AI opportunity continues to attract investor interest. Recent management commentary projected a potential multitrillion-dollar AI market by 2030 and roughly doubled data-center revenue in 2027, supporting expectations for sustained growth. AMD AI market outlook
• Positive Sentiment: Institutional options activity reportedly increased around AMD, indicating that some large investors are positioning for further upside. AMD institutional options flow
• Positive Sentiment: AMD and Xanadu launched Backline, an open-source platform connecting CPU, GPU and FPGA resources with quantum-computing software. The initiative expands AMD’s developer ecosystem, although its financial impact is likely longer term. AMD and Xanadu Backline launch
• Neutral Sentiment: TSMC reported a 53.3% year-over-year increase in August revenue, confirming strong AI-chip demand and supporting AMD’s volume outlook. However, tight advanced-packaging, memory and manufacturing capacity is also raising costs for fabless chip designers. TSMC August revenue
• Negative Sentiment: The broader technology sector sold off late in the session as investors focused on interest-rate expectations, rising energy prices and weakening market momentum. AMD’s high-beta profile makes it particularly sensitive to this risk-off trading.
• Negative Sentiment: Some analysts favor NVIDIA over AMD because of NVIDIA’s stronger AI infrastructure leadership, higher profitability and lower valuation. AMD’s premium valuation leaves less room for execution or supply-chain disappointments. NVIDIA versus AMD analysis
• Negative Sentiment: ARK Invest’s Cathie Wood continued trimming AMD while reallocating capital to other AI-chip companies, adding a notable sentiment headwind despite the company’s favorable long-term product cycle. Cathie Wood sells AMD

Advanced Micro Devices Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive-processing products. Its portfolio includes central processing units (CPUs), graphics processing units (GPUs), accelerated processing units (APUs), field-programmable gate arrays (FPGAs) and adaptive system-on-chip products.

AMD serves customers across data centers, cloud computing, personal computers, gaming consoles, embedded systems and industrial applications.