Rakuten Securities Inc. Cuts Stake in Advanced Micro Devices, Inc. $AMD

Rakuten Securities Inc. decreased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 22.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,209 shares of the semiconductor manufacturer’s stock after selling 1,811 shares during the period. Advanced Micro Devices makes up 0.8% of Rakuten Securities Inc.’s portfolio, making the stock its 21st biggest position. Rakuten Securities Inc.’s holdings in Advanced Micro Devices were worth $3,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the stock. Brighton Jones LLC grew its position in Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after acquiring an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after purchasing an additional 234 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after purchasing an additional 2,970 shares in the last quarter. United Bank boosted its stake 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 valued at $1,881,000 after purchasing an additional 2,392 shares during the period. Finally, Schnieders Capital Management LLC. grew its holdings in Advanced Micro Devices by 361.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock valued at $1,310,000 after purchasing an additional 7,228 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. DA Davidson lifted their price target on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. BMO Capital Markets started coverage on Advanced Micro Devices in a research note on Thursday, August 20th. They set an “outperform” rating and a $550.00 target price for the company. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $700.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Wells Fargo & Company boosted their price target on Advanced Micro Devices from $615.00 to $700.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Finally, KeyCorp set a $650.00 price target on Advanced Micro Devices in a report on Wednesday, August 5th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $553.72.

Insider Activity

In other news, EVP Forrest Eugene Norrod sold 17,261 shares of Advanced Micro Devices stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $459.95, for a total value of $7,939,196.95. Following the completion of the transaction, the executive vice president owned 373,317 shares in the company, valued at approximately $171,707,154.15. This trade represents a 4.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 2,993 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the senior vice president owned 26,623 shares of the company’s stock, valued at $13,010,393.87. This trade represents a 10.11% decrease in their ownership of the stock. 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 a total of 228,024 shares of company stock valued at $107,851,304 over the last three months. Company insiders own 0.50% of the company’s stock.

Trending Headlines about 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

Advanced Micro Devices Price Performance

Shares of AMD stock opened at $480.93 on Thursday. The firm has a fifty day moving average of $508.39 and a two-hundred day moving average of $381.97. The firm has a market cap of $785.10 billion, a P/E ratio of 123.63 and a beta of 2.48. Advanced Micro Devices, Inc. has a 1-year low of $149.22 and a 1-year high of $584.73. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The business had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same quarter in the prior year, the business posted $0.48 EPS. The company’s revenue for the quarter was up 50.1% on a year-over-year basis. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 earnings per share 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.