Key Points
- AMD EVP Mark Papermaster sold 28,811 shares for approximately $13.6 million at an average price of $471.87 under a pre-arranged Rule 10b5-1 plan, reducing his ownership by 2.23%.
- AMD reported strong quarterly results, with revenue up 50.1% year over year to $11.54 billion and earnings of $1.66 per share, exceeding analyst expectations.
- Wall Street remains broadly bullish, with a consensus “Moderate Buy” rating and a $546.95 target price, though AMD’s high valuation and intense competition from Nvidia and other custom-chip providers remain key risks.
Advanced Micro Devices, Inc. (NASDAQ:AMD - Get Free Report) EVP Mark Papermaster sold 28,811 shares of the company's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the sale, the executive vice president directly owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This trade represents a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Advanced Micro Devices Price Performance
Shares of NASDAQ:AMD opened at $473.25 on Friday. 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 firm has a market capitalization of $772.57 billion, a PE ratio of 121.66 and a beta of 2.48. Advanced Micro Devices, Inc. has a twelve month low of $149.22 and a twelve month high of $584.73. The company has a 50-day moving average price of $511.40 and a two-hundred day moving average price of $375.55.
Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its 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 firm had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same quarter last year, the company earned $0.48 earnings per share. The company's revenue was up 50.1% on a year-over-year basis. Equities analysts forecast that Advanced Micro Devices, Inc. will post 6.44 EPS for the current year.
Analyst Upgrades and Downgrades
AMD has been the topic of a number of analyst reports. Citigroup raised shares of Advanced Micro Devices from a "market perform" rating to a "buy" rating in a report on Wednesday, July 22nd. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $540.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Mizuho boosted their price objective on Advanced Micro Devices from $615.00 to $625.00 and gave the company an "outperform" rating in a research note on Monday, July 27th. Melius Research set a $660.00 target price on Advanced Micro Devices in a research note on Friday, July 24th. Finally, Bank of America upped their price target on Advanced Micro Devices from $550.00 to $620.00 and gave the company a "buy" rating in a research report on Tuesday, July 14th. Four investment 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 data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $546.95.
Read Our Latest Stock Analysis on AMD
Trending Headlines about Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: BMO initiated coverage of AMD with a buy recommendation, adding to bullish Wall Street sentiment toward the semiconductor sector and AMD’s AI opportunity. BMO Buy Ratings for Semiconductor Stocks
- Positive Sentiment: AMD continues to show stronger and more consistent revenue growth than Arm Holdings. Its latest quarter included record revenue of $11.54 billion, up 50.1% year over year, and earnings that exceeded analyst expectations. AMD and Arm Revenue Comparison
- Positive Sentiment: Reports that Google may collaborate with AMD on its next-generation TPU could represent a meaningful design win and broaden AMD’s relationships with hyperscalers. Coatue Management’s new position, valued at approximately $55.8 million, also signals institutional interest in the AI trade. Google Reportedly Working With AMD on a TPU
- Neutral Sentiment: AMD is increasingly viewed as Nvidia’s most credible AI-chip challenger, particularly with its Helios platform, but investors remain focused on whether it can narrow Nvidia’s ecosystem and market-share advantages. AMD and Nvidia AI Competition
- Negative Sentiment: Google’s expanding custom-chip program, including its relationship with Marvell, could increase competition for AI-inference workloads. A report that SpaceX selected Nvidia’s Vera Rubin platform reinforces concerns that AMD is still losing some high-profile AI infrastructure opportunities. SpaceX Selects Nvidia AI Infrastructure
- Negative Sentiment: CEO Lisa Su and SVP Ava Hahn sold shares totaling roughly $8.7 million. The transactions were made under pre-arranged Rule 10b5-1 plans, limiting their signaling value, but the sales may still weigh on sentiment after AMD’s substantial rally. AMD Insider Stock Sale
- Negative Sentiment: Valuation remains a risk: AMD trades at a very high earnings multiple, leaving the stock vulnerable to profit-taking or disappointment if AI growth slows or fails to meet aggressive expectations. AMD Valuation Analysis
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Joseph Group Capital Management purchased a new stake in Advanced Micro Devices during the fourth quarter valued at about $25,000. Sarver Vrooman Wealth Advisors purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth about $27,000. Cornerstone Financial Management LLC bought a new position in shares of Advanced Micro Devices during the 4th quarter valued at about $27,000. Basepoint Wealth LLC bought a new position in shares of Advanced Micro Devices during the 4th quarter valued at about $30,000. Finally, JNBA Financial Advisors raised its holdings in shares of Advanced Micro Devices by 142.9% during the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer's stock valued at $30,000 after buying an additional 30 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.
About Advanced Micro Devices
(
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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