Advanced Micro Devices (NASDAQ:AMD) Shares Down 3.5% Following Insider Selling

Advanced Micro Devices, Inc. (NASDAQ:AMD) shares were down 3.5% during trading on Monday following insider selling activity. The stock traded as low as $451.00 and last traded at $456.75. Approximately 15,967,532 shares traded hands during trading, a decline of 54% from the average session volume of 35,004,496 shares. The stock had previously closed at $473.25.

Specifically, EVP Mark D. Papermaster sold 28,811 shares of the company’s stock in a transaction on 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 $595,245,602.07. This represents a 2.23% decrease in their position. The sale 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. Also, SVP Ava Hahn sold 2,993 shares of Advanced Micro Devices stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total transaction 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 approximately $13,010,393.87. The trade was 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. In other Advanced Micro Devices news, CEO Lisa T. Su sold 15,000 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $480.94, for a total transaction of $7,214,100.00. Following the sale, the chief executive officer directly owned 3,102,156 shares in the company, valued at $1,491,950,906.64. This represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on AMD. Robert W. Baird set a $1,250.00 price target on shares of Advanced Micro Devices in a report on Friday, July 24th. Wall Street Zen cut Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Wolfe Research set a $450.00 target price on Advanced Micro Devices and gave the company an “outperform” rating in a report on Monday, June 15th. Benchmark lifted their price target on Advanced Micro Devices from $485.00 to $685.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Finally, Zacks Research upgraded shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $546.95.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Strong AI growth outlook: Analysts and investors continue to highlight AMD’s potential to benefit from more CPU-intensive AI data centers, supported by reported or anticipated relationships involving Meta, OpenAI and Anthropic. A bullish BMO call also points to substantial upside if AMD converts those AI opportunities into sustained revenue growth. AMD Stock Gets Stunning Price Target From Wall Street
• Positive Sentiment: Capacity expansion supports execution: AMD is reportedly committing more than $10 billion in Taiwan to expand advanced chip packaging with TSMC. The investment is intended to alleviate supply constraints and support a goal of more than 60% annual data-center revenue growth over the next three to five years. AMD Is Investing More Than $10 Billion in Taiwan
• Neutral Sentiment: Competitive landscape remains active: Cerebras reported sharply higher revenue and raised guidance, but its shares still fell after results. The reaction suggests investors are demanding increasingly strong evidence of AI-chip monetization, a consideration that also applies to AMD as it competes with NVIDIA and emerging challengers. Cerebras Systems Revenue Surges
• Negative Sentiment: Semiconductor sell-off is the immediate pressure: AMD declined alongside Intel, NVIDIA, Broadcom and other chip stocks, while semiconductor ETFs fell more sharply than broader technology funds. Investors appear to be reducing exposure before NVIDIA’s results, which could reset expectations across the AI-chip sector. Intel, AMD Stocks Decline as Chip Sell-Off Hits Wall Street
• Negative Sentiment: High expectations increase volatility: AMD’s reported price-to-earnings ratio above 117 and elevated share price relative to its 50-day average leave the stock vulnerable to profit-taking when sector sentiment weakens. The company’s AI investments are strategically positive but require significant spending and successful execution.

Advanced Micro Devices Stock Down 3.5%

The firm has a market capitalization of $745.63 billion, a price-to-earnings ratio of 117.42 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The stock has a fifty day moving average of $511.40 and a two-hundred day moving average of $376.46.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping the consensus estimate of $1.62 by $0.04. The firm had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The business’s quarterly revenue was up 50.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.48 EPS. Sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.

Institutional Trading of Advanced Micro Devices

Several institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake in Advanced Micro Devices by 178.2% during the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after buying an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Advanced Micro Devices by 2.9% during the 4th 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 period. Sivia Capital Partners LLC grew its holdings in Advanced Micro Devices by 125.1% during the 2nd 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 period. United Bank raised its position in shares of Advanced Micro Devices by 22.0% in the 2nd 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 in the last quarter. Finally, Schnieders Capital Management LLC. raised its position in shares of Advanced Micro Devices by 361.0% in the 2nd 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 in the last quarter. 71.34% of the stock is currently owned by institutional investors.

About Advanced Micro Devices

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.