Key Points
- CEO Lisa Su sold 15,000 AMD shares for approximately $7.2 million at an average price of $480.94, reducing her ownership by 0.48%. The transaction was made under a pre-arranged Rule 10b5-1 trading plan.
- AMD reported strong quarterly results, with revenue rising 50.1% year over year to $11.54 billion and EPS of $1.66, exceeding analyst expectations.
- Institutional investors own 71.34% of AMD, while analysts maintain a “Moderate Buy” consensus rating with an average price target of $546.95, despite valuation concerns and increasing competition in AI chips.
Advanced Micro Devices, Inc. (NASDAQ:AMD - Get Free Report) SVP Ava Hahn sold 2,993 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total value of $1,462,649.17. Following the completion of the sale, the senior vice president owned 26,623 shares of the company's stock, valued at $13,010,393.87. This represents a 10.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ava Hahn also recently made the following trade(s):
- On Tuesday, August 11th, Ava Hahn sold 143 shares of Advanced Micro Devices stock. The stock was sold at an average price of $474.75, for a total value of $67,889.25.
Advanced Micro Devices Price Performance
Advanced Micro Devices stock opened at $469.45 on Friday. The firm has a market capitalization of $766.36 billion, a P/E ratio of 120.68 and a beta of 2.48. Advanced Micro Devices, Inc. has a 1 year low of $149.22 and a 1 year high of $584.73. The business has a 50-day moving average of $512.16 and a 200-day moving average of $374.86. 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 (NASDAQ:AMD - Get Free Report) last announced 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 during the quarter, compared to analysts' expectations of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.Advanced Micro Devices's revenue was up 50.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.48 EPS. On average, equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 EPS for the current year.
Wall Street Analyst Weigh In
Several research firms have weighed in on AMD. Mizuho increased their target price on shares of Advanced Micro Devices from $615.00 to $625.00 and gave the stock an "outperform" rating in a report on Monday, July 27th. UBS Group restated an "overweight" rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. TD Cowen reaffirmed a "buy" rating on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Roth Capital lifted their target price on Advanced Micro Devices from $500.00 to $650.00 and gave the stock a "buy" rating in a report on Friday, July 24th. Finally, Wolfe Research set a $450.00 price target on Advanced Micro Devices and gave the stock an "outperform" rating in a report on Monday, June 15th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $546.95.
Get Our Latest Report on AMD
Institutional Investors Weigh In On Advanced Micro Devices
Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in Advanced Micro Devices by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer's stock valued at $33,949,256,000 after acquiring an additional 2,525,109 shares in the last quarter. BlackRock Inc. increased its holdings in Advanced Micro Devices by 3.1% during the 2nd quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer's stock worth $87,311,650,000 after purchasing an additional 4,535,126 shares in the last quarter. State Street Corp raised its stake in shares of Advanced Micro Devices by 1.5% in the 4th quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer's stock valued at $16,044,712,000 after purchasing an additional 1,094,835 shares during the period. Geode Capital Management LLC raised its stake in shares of Advanced Micro Devices by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer's stock valued at $8,015,897,000 after purchasing an additional 287,525 shares during the period. Finally, Norges Bank bought a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $4,929,312,000. Institutional investors own 71.34% of the company's stock.
Key Advanced Micro Devices News
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Google is reportedly collaborating with AMD on its next-generation TPU, potentially giving AMD a significant design win and deepening its relationship with a major AI infrastructure customer. Google Reportedly Working With AMD on Its New TPU
- Positive Sentiment: Coatue Management opened a new AMD position valued at about $55.8 million in the second quarter, signaling institutional interest in AMD’s AI-chip opportunity. AMD’s latest quarterly results also showed revenue growth of 50.1% year over year to $11.54 billion, exceeding analyst expectations. Coatue Management Opens AMD Position
- Positive Sentiment: AMD appointed Tim Ryan to its board, adding experience in technology, enterprise operations and financial governance. The company also named KC McClure chair of its Audit and Finance Committee. AMD Appoints Tim Ryan
- Neutral Sentiment: Analyst commentary remains broadly constructive, with a consensus “Moderate Buy” rating and a $546.95 target, but AMD’s elevated valuation increases the risk of a pullback if AI growth expectations are not met. AMD Valuation Analysis
- Negative Sentiment: Google’s broader $120 billion custom-chip initiative and its expanding relationship with Marvell create additional competition for AMD in AI inference workloads, weighing on semiconductor shares. Google Expands Custom-Chip Push
- Negative Sentiment: ARK Invest continued trimming AMD while adding Nvidia, suggesting some investors are favoring AMD’s larger rival. CEO Lisa Su and SVP Ava Hahn also sold shares totaling roughly $8.7 million. Both insider transactions were executed under pre-arranged Rule 10b5-1 plans, which reduces their significance but may still hurt sentiment. ARK Invest Trims AMD
Advanced Micro Devices Company Profile
(
Get Free Report)
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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