Pursue Wealth Partners LLC Has $734,000 Position in Advanced Micro Devices, Inc. $AMD

Pursue Wealth Partners LLC lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 63.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,264 shares of the semiconductor manufacturer’s stock after selling 2,172 shares during the period. Pursue Wealth Partners LLC’s holdings in Advanced Micro Devices were worth $734,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in AMD. Trust Co. of Vermont bought a new position in Advanced Micro Devices during the second quarter valued at about $3,366,000. Hanseatic Management Services Inc. raised its holdings in Advanced Micro Devices by 183.7% in the 2nd quarter. Hanseatic Management Services Inc. now owns 5,144 shares of the semiconductor manufacturer’s stock valued at $2,988,000 after acquiring an additional 3,331 shares in the last quarter. Requisite Capital Management LLC lifted its position in shares of Advanced Micro Devices by 9.6% in the 2nd quarter. Requisite Capital Management LLC now owns 1,146 shares of the semiconductor manufacturer’s stock worth $666,000 after acquiring an additional 100 shares during the period. Joseph P. Lucia & Associates LLC bought a new stake in shares of Advanced Micro Devices in the 2nd quarter worth approximately $370,000. Finally, Focused Wealth Management Inc grew its holdings in shares of Advanced Micro Devices by 8.0% during the 2nd quarter. Focused Wealth Management Inc now owns 1,546 shares of the semiconductor manufacturer’s stock worth $898,000 after purchasing an additional 115 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices News Roundup

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

Insiders Place Their Bets

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,993 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total value of $1,462,649.17. Following the transaction, the senior vice president directly owned 26,623 shares in the company, valued at $13,010,393.87. The trade was a 10.11% decrease in their ownership of the stock. The transaction was disclosed in a 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. Also, CEO Lisa T. Su sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $480.94, for a total transaction of $7,214,100.00. Following 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. 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. Insiders have sold 210,763 shares of company stock worth $99,912,107 in the last quarter. 0.50% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AMD. TD Cowen restated a “buy” rating on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Evercore reaffirmed an “outperform” rating and issued a $579.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, May 19th. Roth Capital lifted their price target on shares of Advanced Micro Devices from $500.00 to $650.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. BTIG Research raised shares of Advanced Micro Devices to a “buy” rating in a report on Wednesday, May 6th. Finally, Citigroup upgraded shares of Advanced Micro Devices from a “market perform” rating to a “buy” rating in a research note on Wednesday, July 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $546.95.

Advanced Micro Devices Price Performance

Advanced Micro Devices 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 company 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 one year low of $149.22 and a one year high of $584.73. The business has a 50 day simple moving average of $511.40 and a 200 day simple moving average of $375.55.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. The firm had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The business’s revenue was up 50.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.48 earnings per share. On average, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

Advanced Micro Devices Company 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.