Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report) CEO Lisa Su sold 125,000 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $445.51, for a total transaction of $55,688,750.00. Following the transaction, the chief executive officer owned 3,021,899 shares of the company’s stock, valued at $1,346,286,223.49. This trade represents a 3.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Advanced Micro Devices Price Performance
NASDAQ:AMD traded down $25.60 during mid-day trading on Friday, hitting $424.10. 28,715,788 shares of the company’s stock traded hands, compared to its average volume of 39,495,098. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. The firm’s 50 day simple moving average is $269.05 and its 200 day simple moving average is $239.23. Advanced Micro Devices, Inc. has a 1 year low of $107.67 and a 1 year high of $469.21. The company has a market cap of $691.54 billion, a PE ratio of 139.05, a price-to-earnings-growth ratio of 1.33 and a beta of 2.40.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The firm had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $9.90 billion. During the same period last year, the firm posted $0.96 EPS. The firm’s revenue for the quarter was up 37.8% on a year-over-year basis. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 6.17 EPS for the current year.
Advanced Micro Devices News Summary
- Positive Sentiment: AMD’s latest quarter was strong, with earnings and revenue both beating expectations, driven by a 57% jump in data center sales and continued demand for EPYC CPUs and Instinct GPUs. 5 Revealing Analyst Questions From AMD’s Q1 Earnings Call
- Positive Sentiment: Several reports highlighted bullish analyst action after Q1, including price-target hikes tied to AMD’s AI and data center growth, reinforcing the long-term AI investment case. Advanced Micro Devices (AMD) Price Target Raised by $110 Following Strong Q1
- Positive Sentiment: AMD also gained support from product news, including expanded FSR 4.1 support for older GPUs and new Ryzen PRO 9000 workstation chips aimed at AI, simulation, and gaming workloads. AMD Stock Slips Despite an FSR 4.1 Expansion to Older GPUs
- Neutral Sentiment: Some commentators remain constructive on AMD’s long-term momentum, arguing it is becoming a more important AI infrastructure player and could benefit as hyperscaler AI spending broadens beyond Nvidia. Why Advanced Micro Devices (AMD) is a Top Momentum Stock for the Long-Term
- Negative Sentiment: AMD is being hit by a broader sell-off in chip stocks after Trump’s China trip ended without a major deal, adding fresh trade-related uncertainty for the sector. NVDA, INTC, AMD: Chip Stocks Drop as Trump’s China Trip Ends with No Major Deal
- Negative Sentiment: Profit-taking and valuation concerns are also weighing on AMD after a sharp AI-driven rally, with analysts warning the recent frenzy in semiconductor stocks may soon moderate. AMD Stock Has Been on a Wild Ride Higher but This Analyst Warns the Frenzy Could Soon Stop
Institutional Investors Weigh In On Advanced Micro Devices
Several hedge funds have recently modified their holdings of AMD. Brighton Jones LLC boosted its position in shares of Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after acquiring an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in shares of Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after acquiring an additional 234 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of Advanced Micro Devices by 125.1% in the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after acquiring an additional 2,970 shares during the last quarter. United Bank boosted its position in shares of Advanced Micro Devices by 22.0% in the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock worth $1,881,000 after acquiring an additional 2,392 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its position in shares of Advanced Micro Devices by 361.0% in the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock worth $1,310,000 after acquiring an additional 7,228 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on AMD shares. Wedbush raised their target price on shares of Advanced Micro Devices from $290.00 to $400.00 and gave the company an “outperform” rating in a report on Monday, May 4th. Evercore restated an “outperform” rating and set a $358.00 target price on shares of Advanced Micro Devices in a report on Tuesday, February 24th. UBS Group set a $310.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 4th. JPMorgan Chase & Co. upped their price objective on shares of Advanced Micro Devices from $270.00 to $385.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Phillip Securities upgraded shares of Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $396.95.
View Our Latest Stock Analysis on AMD
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.
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