Trust Co. of Vermont Makes New $3.37 Million Investment in Advanced Micro Devices, Inc. $AMD

Trust Co. of Vermont purchased a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,794 shares of the semiconductor manufacturer’s stock, valued at approximately $3,366,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Joseph Group Capital Management acquired a new stake in Advanced Micro Devices during the 4th quarter worth $25,000. Sarver Vrooman Wealth Advisors acquired a new position in Advanced Micro Devices in the fourth quarter valued at about $27,000. Cornerstone Financial Management LLC acquired a new position in Advanced Micro Devices in the fourth quarter valued at about $27,000. Basepoint Wealth LLC bought a new stake in shares of Advanced Micro Devices in the fourth quarter worth about $30,000. Finally, Graney & King LLC bought a new stake in shares of Advanced Micro Devices in the first quarter worth about $31,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Stock Up 0.8%

AMD stock opened at $473.25 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The stock has a market capitalization of $772.57 billion, a P/E ratio of 121.66 and a beta of 2.48. The business has a 50-day moving average of $511.40 and a 200-day moving average of $375.55. Advanced Micro Devices, Inc. has a fifty-two week low of $149.22 and a fifty-two week high of $584.73.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating 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 business had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same quarter last year, the firm earned $0.48 EPS. Advanced Micro Devices’s revenue for the quarter was up 50.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Ava Hahn sold 2,993 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $488.69, for a total transaction of $1,462,649.17. Following the completion of the transaction, the senior vice president directly owned 26,623 shares of the company’s stock, valued at approximately $13,010,393.87. This represents a 10.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 15,000 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $480.94, for a total value of $7,214,100.00. Following the completion of the sale, the chief executive officer directly owned 3,102,156 shares of the company’s stock, valued at approximately $1,491,950,906.64. The trade was a 0.48% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 210,763 shares of company stock valued at $99,912,107 over the last 90 days. 0.50% of the stock is currently owned by company insiders.

Key Headlines Impacting 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

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AMD shares. Loop Capital upgraded Advanced Micro Devices to a “strong-buy” rating in a report on Tuesday, June 16th. Mizuho increased their target price on Advanced Micro Devices from $615.00 to $625.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Jefferies Financial Group set a $650.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 5th. KeyCorp set a $650.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Finally, Bank of America upped their price target on shares of Advanced Micro Devices from $550.00 to $620.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $546.95.

About Advanced Micro Devices

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.