Callan Family Office LLC Increases Stake in Advanced Micro Devices, Inc. $AMD

Callan Family Office LLC increased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.0% during the 2nd quarter, Holdings Channel.com reports. The fund owned 65,046 shares of the semiconductor manufacturer’s stock after buying an additional 4,245 shares during the period. Advanced Micro Devices accounts for approximately 0.7% of Callan Family Office LLC’s portfolio, making the stock its 20th largest position. Callan Family Office LLC’s holdings in Advanced Micro Devices were worth $37,786,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of AMD. Norges Bank acquired a new position in Advanced Micro Devices during the fourth quarter worth approximately $4,929,312,000. Jennison Associates LLC boosted its holdings in shares of Advanced Micro Devices by 181.6% in the 4th quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock valued at $2,336,552,000 after purchasing an additional 7,035,991 shares during the last quarter. Cardano Risk Management B.V. acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at $1,000,783,000. BlackRock Inc. grew its stake in shares of Advanced Micro Devices by 3.1% during the 2nd quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock valued at $87,311,650,000 after buying an additional 4,535,126 shares during the period. Finally, Wellington Management Group LLP grew its stake in shares of Advanced Micro Devices by 335.9% during the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock valued at $784,330,000 after buying an additional 3,735,807 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AMD. Raymond James Financial upgraded Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and upped their price objective for the stock from $565.00 to $641.00 in a report on Tuesday. Truist Financial boosted their price target on Advanced Micro Devices from $478.00 to $594.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Benchmark upped their price target on Advanced Micro Devices from $485.00 to $685.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Evercore restated an “outperform” rating and issued a $579.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, May 19th. Finally, Argus lifted their price objective on Advanced Micro Devices from $450.00 to $625.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average price target of $553.72.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, Director Nora Denzel sold 8,626 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00. Following the transaction, the director owned 87,173 shares in the company, valued at $45,504,306. The trade was a 9.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Paul Darren Grasby sold 15,000 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the completion of the transaction, the executive vice president directly owned 117,687 shares of the company’s stock, valued at approximately $60,598,213.17. The trade was a 11.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 210,763 shares of company stock worth $99,912,107. 0.50% of the stock is currently owned by insiders.

Advanced Micro Devices Stock Up 4.9%

NASDAQ AMD opened at $479.18 on Wednesday. The stock has a market cap of $782.25 billion, a PE ratio of 123.18 and a beta of 2.48. Advanced Micro Devices, Inc. has a fifty-two week low of $149.22 and a fifty-two week high of $584.73. The business has a 50 day moving average price of $509.02 and a two-hundred day moving average price of $379.94. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.04. The company had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. Advanced Micro Devices’s revenue for the quarter was up 50.1% on a year-over-year basis. During the same quarter last year, the company earned $0.48 earnings per share. As a group, sell-side analysts predict that Advanced Micro Devices, Inc. will post 6.44 EPS 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: Raymond James upgraded AMD to “Strong Buy,” citing improving AI accelerator prospects and potential for the stock to outperform. Other reports highlighted bullish price targets, including BMO Capital’s $550 target and expectations that AMD could continue narrowing NVIDIA’s competitive advantage. AMD Stock Gets Strong Buy Upgrade From Raymond James
• Positive Sentiment: AMD announced UCIe connectivity for its Versal adaptive SoCs, strengthening the company’s positioning in advanced chiplet and data-center designs. Investors viewed the update as supportive of AMD’s long-term AI and infrastructure strategy. AMD Stock Rallies on UCIe Chip Update
• Positive Sentiment: Reports emphasized large GPU commitments from customers including OpenAI and Meta, supporting the view that AMD is becoming a credible alternative to NVIDIA in AI infrastructure. Analysts also see continued strength in CPU demand as data centers become more compute-intensive. AMD Is Winning Nvidia Customers
• Neutral Sentiment: NVIDIA’s earnings on August 26 are a near-term catalyst for AMD and the entire semiconductor sector. Strong AI demand and guidance could lift AMD, while any signs of slowing accelerator spending could pressure the shares. NVIDIA Earnings Could Move AI Stocks
• Negative Sentiment: Some analysts remain cautious, arguing that AMD’s elevated valuation leaves less room for execution disappointments. Repeated insider selling—particularly by CEO Lisa Su and other executives—also raises concerns about profit-taking after the stock’s substantial year-to-date advance. AMD More Downside Risks
• Negative Sentiment: AMD’s planned investment of more than $10 billion in Taiwan advanced packaging and its recent $4.75 billion debt offering increase capacity for AI growth but could weigh on near-term cash flow, leverage, and margins. AMD Debt Raise and Taiwan AI Push

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.