Advanced Micro Devices, Inc. $AMD Position Trimmed by W1M Asset Management Ltd

W1M Asset Management Ltd decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,282,430 shares of the semiconductor manufacturer’s stock after selling 202,164 shares during the period. Advanced Micro Devices accounts for 6.8% of W1M Asset Management Ltd’s portfolio, making the stock its largest position. W1M Asset Management Ltd owned approximately 0.08% of Advanced Micro Devices worth $744,438,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in AMD. Joseph Group Capital Management purchased a new stake in shares of Advanced Micro Devices in the 4th quarter worth approximately $25,000. Sarver Vrooman Wealth Advisors purchased a new position in Advanced Micro Devices during the fourth quarter valued at $27,000. Cornerstone Financial Management LLC purchased a new position in Advanced Micro Devices during the fourth quarter valued at $27,000. Basepoint Wealth LLC purchased a new stake in shares of Advanced Micro Devices in the fourth quarter worth $30,000. Finally, Graney & King LLC purchased a new stake in shares of Advanced Micro Devices in the first quarter worth $31,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Strong AI and data-center momentum: AMD reported second-quarter revenue of approximately $11.5 billion, up 50% year over year, while data-center revenue more than doubled to $6.7 billion. Management’s third-quarter outlook for roughly $13 billion of revenue and a 56% gross margin reinforced expectations for continued demand and operating leverage. AMD: The Low-Hanging Fruit Is Gone, But The Stock Is Still A Buy
• Positive Sentiment: Analyst support and competitive positioning: Wall Street firms reiterated bullish views and raised price targets, with Raymond James upgrading AMD to Strong Buy and BMO initiating coverage with a $550 target. Investors also see AMD as a potential alternative to Nvidia for hyperscalers, including through large customer deployments and opportunities in inference and agentic AI. AMD Stock Gets Strong Buy Upgrade From Raymond James
• Positive Sentiment: Product and ecosystem catalysts: AMD’s upcoming Instinct MI455X accelerator is expected to feature 432GB of HBM4 memory, while the Helios rack system is scheduled to begin initial shipments later this quarter. The company is also expanding UCIe connectivity, trusted-AI security capabilities and EPYC processor deployments for autonomous-driving applications. AMD’s Next AI Accelerator Carries 432 Gigabytes of Memory
• Neutral Sentiment: Nvidia earnings remain a near-term trading catalyst: AMD and other semiconductor stocks benefited from positioning ahead of Nvidia’s results. Nvidia’s outlook could validate AI infrastructure demand or trigger a broader reassessment of accelerator valuations. NVIDIA Earnings Could Move These 3 AI Stocks
• Negative Sentiment: Insider selling weighs on sentiment: EVP Forrest Norrod sold 17,261 shares worth about $7.9 million under a pre-arranged Rule 10b5-1 plan. The sale is not necessarily a signal about fundamentals, but repeated insider disposals can add pressure after a sharp rally. AMD Insider Sale SEC Filing
• Negative Sentiment: Valuation and execution risks: With AMD trading at a high earnings multiple after a major advance, investors may demand continued exceptional growth. Export-policy uncertainty, rising memory costs and more than $10 billion of planned Taiwan packaging investment could increase execution and margin risks. AMD’s Next Move Could Be Huge

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on AMD shares. Morgan Stanley raised their price target on Advanced Micro Devices from $410.00 to $465.00 and gave the company an “equal weight” rating in a report on Wednesday, August 5th. Oppenheimer cut shares of Advanced Micro Devices from a “market perform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Wells Fargo & Company increased their price objective on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Robert W. Baird set a $1,250.00 price objective on shares of Advanced Micro Devices in a research note on Friday, July 24th. Finally, BTIG Research raised shares of Advanced Micro Devices to a “buy” rating in a report on Wednesday, May 6th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $553.72.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 28,811 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $471.87, for a total value of $13,595,046.57. Following the transaction, the executive vice president directly owned 1,261,461 shares of the company’s stock, valued at approximately $595,245,602.07. This trade represents a 2.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through 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 business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $480.94, for a total value of $7,214,100.00. Following the sale, the chief executive officer owned 3,102,156 shares of the company’s stock, valued at approximately $1,491,950,906.64. This represents a 0.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 228,024 shares of company stock valued at $107,851,304 over the last ninety days. 0.50% of the stock is owned by insiders.

Advanced Micro Devices Trading Up 0.4%

Shares of AMD stock opened at $480.93 on Thursday. Advanced Micro Devices, Inc. has a 12-month low of $149.22 and a 12-month high of $584.73. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The firm’s 50 day moving average is $508.39 and its 200 day moving average is $381.97. The stock has a market capitalization of $785.10 billion, a P/E ratio of 123.63 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. The business 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%. The firm’s revenue was up 50.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.48 EPS. Research analysts expect that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.

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.