Greenleaf Trust increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 5.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 37,115 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,816 shares during the period. Greenleaf Trust’s holdings in Advanced Micro Devices were worth $21,560,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of AMD. First National Bank of Hutchinson increased its stake in Advanced Micro Devices by 0.4% during the 2nd quarter. First National Bank of Hutchinson now owns 5,639 shares of the semiconductor manufacturer’s stock worth $3,276,000 after buying an additional 22 shares during the period. Delta Asset Management LLC TN grew its stake in shares of Advanced Micro Devices by 1.5% in the second quarter. Delta Asset Management LLC TN now owns 1,497 shares of the semiconductor manufacturer’s stock worth $870,000 after acquiring an additional 22 shares in the last quarter. Park Place Capital Corp increased its position in shares of Advanced Micro Devices by 19.5% during the second quarter. Park Place Capital Corp now owns 141 shares of the semiconductor manufacturer’s stock worth $82,000 after acquiring an additional 23 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Advanced Micro Devices by 12.8% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 212 shares of the semiconductor manufacturer’s stock worth $43,000 after acquiring an additional 24 shares during the period. Finally, Trust Co of the South grew its stake in Advanced Micro Devices by 1.5% during the 2nd quarter. Trust Co of the South now owns 1,746 shares of the semiconductor manufacturer’s stock worth $1,014,000 after purchasing an additional 25 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.
More Advanced Micro Devices News
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AMD, Cisco and HUMAIN said AMD Instinct MI355X-based AI infrastructure is now live and serving customers in Saudi Arabia. The partners plan up to 250 megawatts of additional capacity beginning in 2027, potentially scaling to 1 gigawatt by 2030. The deployment provides tangible evidence of commercial AI demand for AMD’s GPUs and CPUs. AMD’s Instinct Systems Are Now Live in Saudi Arabia
- Positive Sentiment: Analysts remain broadly constructive, with a reported median price target of $490 and several targets above $600. Recent commentary also highlights AMD’s strong AI growth prospects and the possibility that optimization advances could make AMD-based inference systems more competitive with Nvidia’s offerings. AMD Stock Is Up 115% YTD
- Neutral Sentiment: AMD’s recent results remain a fundamental support: quarterly revenue rose about 50% year over year to $11.5 billion and exceeded expectations. However, investors are weighing that growth against a high valuation after the stock’s substantial advance.
- Negative Sentiment: A global bond selloff pushed long-term yields higher, pressuring high-multiple technology and semiconductor stocks. AMD declined alongside Nvidia, Intel and other chipmakers, indicating sector-wide risk reduction rather than a company-specific setback. Semiconductor Stocks Slide as Yields Rise
- Negative Sentiment: Valuation concerns are intensifying. Analysts question how much upside remains after AMD’s rapid rally, while tightening export controls and competition from Nvidia’s expanding edge-to-cloud ecosystem could limit future gains. AMD: There’s Little Upside Here
- Negative Sentiment: ARK Invest reportedly sold tens of millions of dollars of AMD shares while reallocating capital toward Nvidia and Broadcom. The move may reinforce short-term profit-taking concerns, although it represents one fund’s portfolio decision rather than a change in AMD’s fundamentals. Cathie Wood Sells AMD and Buys Another Chip Stock
Insiders Place Their Bets
Advanced Micro Devices Stock Down 2.4%
AMD opened at $459.61 on Wednesday. The stock has a market capitalization of $750.30 billion, a P/E ratio of 118.15, a price-to-earnings-growth ratio of 4.87 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. Advanced Micro Devices, Inc. has a one year low of $149.22 and a one year high of $584.73. The business’s 50-day simple moving average is $502.84 and its 200-day simple moving average is $389.16.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. The firm had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The firm’s quarterly revenue was up 50.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.48 EPS. Analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 EPS for the current year.
Analysts Set New Price Targets
A number of research firms recently weighed in on AMD. Melius Research set a $660.00 target price on shares of Advanced Micro Devices in a research note on Friday, July 24th. Jefferies Financial Group set a $650.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Truist Financial boosted their price target on shares of Advanced Micro Devices from $478.00 to $594.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Susquehanna increased their price objective on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the company a “positive” rating in a research report on Thursday, July 30th. Finally, Needham & Company LLC upgraded shares of Advanced Micro Devices to a “buy” rating in a 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 issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $553.72.
Read Our Latest Research Report on AMD
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.
Read More
- Five stocks we like better than Advanced Micro Devices
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report).
Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.
