Advanced Micro Devices, Inc. $AMD Shares Sold by Rational Advisors Inc.

Rational Advisors Inc. reduced its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 67.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 2,024 shares of the semiconductor manufacturer’s stock after selling 4,195 shares during the period. Rational Advisors Inc.’s holdings in Advanced Micro Devices were worth $1,176,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Luminist Capital LLC purchased a new stake in shares of Advanced Micro Devices during the 2nd quarter worth $46,000. BOK Financial Private Wealth Inc. purchased a new position in shares of Advanced Micro Devices in the 2nd quarter valued at about $53,000. Toews Corp ADV purchased a new position in shares of Advanced Micro Devices in the 2nd quarter valued at about $66,000. Cornerstone Financial Management LLC acquired a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $27,000. Finally, Sarver Vrooman Wealth Advisors acquired a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $27,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

AMD has been the topic of several recent analyst reports. Susquehanna upped their target price on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the stock a “positive” rating in a research report on Thursday, July 30th. Cantor Fitzgerald reiterated an “overweight” rating and set a $700.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Bank of America boosted their price target on Advanced Micro Devices from $550.00 to $620.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Citigroup upgraded Advanced Micro Devices from a “market perform” rating to a “buy” rating in a report on Wednesday, July 22nd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, August 3rd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $553.72.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $465.58 on Monday. The stock has a 50-day moving average price of $505.66 and a 200 day moving average price of $385.61. Advanced Micro Devices, Inc. has a 52 week low of $149.22 and a 52 week high of $584.73. The stock has a market cap of $760.05 billion, a PE ratio of 119.69 and a beta of 2.48. 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) last released 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 net margin of 15.58% and a return on equity of 12.30%. The company had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same period in the prior year, the firm earned $0.48 EPS. The firm’s quarterly revenue was up 50.1% on a year-over-year basis. Equities research analysts predict that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Forrest Eugene Norrod sold 17,261 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $459.95, for a total transaction of $7,939,196.95. Following the transaction, the executive vice president owned 373,317 shares of the company’s stock, valued at approximately $171,707,154.15. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the sale, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This trade represents a 2.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 241,203 shares of company stock valued at $114,011,942. 0.50% of the stock is currently owned by insiders.

Key Headlines Impacting Advanced Micro Devices

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

Advanced Micro Devices Profile

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.