Advanced Micro Devices (NASDAQ:AMD) CEO Sells $57,586,250.00 in Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa Su sold 125,000 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total value of $57,586,250.00. Following the completion of the transaction, the chief executive officer owned 2,896,899 shares of the company’s stock, valued at $1,334,572,400.31. The trade was a 4.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $511.57 on Monday. The stock has a fifty day moving average price of $386.41 and a two-hundred day moving average price of $274.60. The stock has a market capitalization of $834.17 billion, a price-to-earnings ratio of 167.73, a PEG ratio of 1.50 and a beta of 2.50. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. Advanced Micro Devices, Inc. has a 1 year low of $115.06 and a 1 year high of $546.44.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.08. The firm had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.Advanced Micro Devices’s revenue was up 37.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.96 earnings per share. As a group, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Trending Headlines about Advanced Micro Devices

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: Citi upgraded AMD and argued that the market is underpricing its AI GPU upside, boosting confidence in the stock’s AI-driven growth path.
• Positive Sentiment: Bank of America also raised its outlook on AMD, calling it a top CPU pick and pointing to a large agentic AI opportunity across servers and accelerators.
• Positive Sentiment: Multiple reports highlighted rising GPU market-share data and stronger investor focus on AMD’s expanding role in AI hardware, helping semiconductor stocks rally broadly.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on AMD shares. Citigroup cut Advanced Micro Devices from a “buy” rating to a “market perform” rating in a research report on Friday. Morgan Stanley raised their price target on Advanced Micro Devices from $360.00 to $410.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Roth Mkm restated a “buy” rating and issued a $500.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, May 6th. Benchmark raised their price target on Advanced Micro Devices from $325.00 to $485.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, KeyCorp raised their price target on Advanced Micro Devices from $330.00 to $530.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $424.59.

Institutional Trading of Advanced Micro Devices

A number of large investors have recently made changes to their positions in the stock. Militia Capital Management LLC acquired a new stake in shares of Advanced Micro Devices during the first quarter valued at $2,848,000. E Wealth Partners LLC boosted its stake in shares of Advanced Micro Devices by 1.6% during the first quarter. E Wealth Partners LLC now owns 2,591 shares of the semiconductor manufacturer’s stock valued at $527,000 after acquiring an additional 40 shares during the last quarter. FAS Wealth Partners Inc. boosted its stake in shares of Advanced Micro Devices by 10.2% during the first quarter. FAS Wealth Partners Inc. now owns 1,982 shares of the semiconductor manufacturer’s stock valued at $403,000 after acquiring an additional 184 shares during the last quarter. Rathbones Group PLC boosted its stake in shares of Advanced Micro Devices by 3.1% during the first quarter. Rathbones Group PLC now owns 20,955 shares of the semiconductor manufacturer’s stock valued at $4,263,000 after acquiring an additional 634 shares during the last quarter. Finally, Pine Valley Investments Ltd Liability Co boosted its stake in shares of Advanced Micro Devices by 6.0% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 7,453 shares of the semiconductor manufacturer’s stock valued at $1,516,000 after acquiring an additional 419 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

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.