Investor s Fiduciary Advisor Network LLC trimmed its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 25.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,469 shares of the semiconductor manufacturer’s stock after selling 1,555 shares during the quarter. Advanced Micro Devices accounts for about 0.9% of Investor s Fiduciary Advisor Network LLC’s portfolio, making the stock its 28th biggest holding. Investor s Fiduciary Advisor Network LLC’s holdings in Advanced Micro Devices were worth $2,596,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the business. Safeguard Investment Advisory Group LLC grew its stake in shares of Advanced Micro Devices by 1.9% in the 2nd quarter. Safeguard Investment Advisory Group LLC now owns 4,738 shares of the semiconductor manufacturer’s stock worth $2,752,000 after purchasing an additional 88 shares during the last quarter. Tairen Capital Ltd raised its holdings in shares of Advanced Micro Devices by 6.7% in the 2nd quarter. Tairen Capital Ltd now owns 171,100 shares of the semiconductor manufacturer’s stock worth $99,394,000 after purchasing an additional 10,700 shares in the last quarter. Maxi Investments CY Ltd acquired a new stake in Advanced Micro Devices during the second quarter valued at approximately $7,552,000. Cibc World Market Inc. lifted its stake in Advanced Micro Devices by 0.7% during the second quarter. Cibc World Market Inc. now owns 767,718 shares of the semiconductor manufacturer’s stock valued at $445,975,000 after purchasing an additional 5,185 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp boosted its holdings in Advanced Micro Devices by 48.8% during the second quarter. OMERS ADMINISTRATION Corp now owns 120,487 shares of the semiconductor manufacturer’s stock worth $69,992,000 after buying an additional 39,504 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.
Advanced Micro Devices Stock Down 2.3%
Shares of NASDAQ:AMD opened at $465.58 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. The company has a market cap of $760.05 billion, a PE ratio of 119.69 and a beta of 2.48. Advanced Micro Devices, Inc. has a 52 week low of $149.22 and a 52 week high of $584.73. The firm has a 50 day simple moving average of $505.66 and a 200 day simple moving average of $384.43.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on AMD. Mizuho lifted their price target on shares of Advanced Micro Devices from $615.00 to $625.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Susquehanna raised their price objective on Advanced Micro Devices from $450.00 to $500.00 and gave the stock a “positive” rating in a research note on Thursday, July 30th. Morgan Stanley lifted their target price on Advanced Micro Devices from $410.00 to $465.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 5th. Loop Capital upgraded Advanced Micro Devices to a “strong-buy” rating in a report on Tuesday, June 16th. Finally, Oppenheimer lowered Advanced Micro Devices from a “market perform” rating to a “market perform” rating in a research report on Wednesday, May 6th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus price target of $553.72.
View Our Latest Stock Analysis on AMD
Advanced Micro Devices News Summary
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AI demand and product roadmap remain strong: AMD’s previously announced rack-scale platforms and server products are moving closer to deployment, supporting expectations for continued data-center growth. Recent results showed revenue up 50% year over year to $11.54 billion, while management guided to roughly $13 billion in third-quarter revenue. AMD stock ran its published roadmap
- Positive Sentiment: Strategic Nutanix partnership broadens AMD’s AI offering: AMD’s equity investment and joint development agreement with Nutanix could help deliver integrated, open AI inference systems that compete with Nvidia’s software-centric platform. AMD and Nutanix strategic partnership
- Neutral Sentiment: Analyst comparisons favor rivals on risk-reward: Commentary argues Broadcom offers better diversification and a lower valuation, while Nvidia’s stronger profitability, CUDA ecosystem and recent outperformance give it an advantage over AMD. These comparisons may limit enthusiasm despite AMD’s growth prospects. Broadcom versus AMD risk-reward comparison
- Negative Sentiment: Potential tariffs increase cost and supply-chain risk: Reports that the administration may extend semiconductor tariffs to products containing chips, including data-center servers, have raised concerns about higher costs and disrupted hardware supply chains. Why AMD stock is sliding
- Negative Sentiment: Profit-taking and selling activity weigh on sentiment: ARK Invest sold approximately $18 million of AMD shares while reallocating capital to Broadcom and Cerebras. AMD EVP Jean Hu also sold $7.1 million of stock under a pre-arranged Rule 10b5-1 plan, although she retained a substantial position. Cathie Wood sold AMD stock
Insiders Place Their Bets
In related news, EVP Mark D. Papermaster sold 28,811 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $471.87, for a total value of $13,595,046.57. Following the completion of the sale, the executive vice president directly owned 1,261,461 shares of the company’s stock, valued at approximately $595,245,602.07. This represents a 2.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 2,993 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $488.69, for a total value of $1,462,649.17. Following the sale, the senior vice president owned 26,623 shares of the company’s stock, valued at $13,010,393.87. The trade was a 10.11% 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 a total of 241,203 shares of company stock valued at $114,011,942 over the last quarter. 0.50% of the stock is owned by insiders.
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.
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