Northwestern Mutual Wealth Management Co. Trims Stock Position in Advanced Micro Devices, Inc. $AMD

Northwestern Mutual Wealth Management Co. lessened its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 24.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 480,509 shares of the semiconductor manufacturer’s stock after selling 158,957 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Advanced Micro Devices were worth $279,133,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Gabelli Funds LLC grew its stake in Advanced Micro Devices by 24.4% in the second quarter. Gabelli Funds LLC now owns 66,473 shares of the semiconductor manufacturer’s stock worth $38,615,000 after purchasing an additional 13,039 shares in the last quarter. Gamco Investors INC. ET AL raised its position in Advanced Micro Devices by 437.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 15,223 shares of the semiconductor manufacturer’s stock valued at $8,843,000 after purchasing an additional 12,390 shares in the last quarter. Cadence Wealth Management LLC bought a new stake in Advanced Micro Devices during the 2nd quarter valued at $530,000. CFO4Life Group LLC lifted its holdings in shares of Advanced Micro Devices by 15.3% in the 2nd quarter. CFO4Life Group LLC now owns 2,543 shares of the semiconductor manufacturer’s stock worth $1,477,000 after buying an additional 338 shares during the period. Finally, Fortress Financial Group LLC purchased a new stake in shares of Advanced Micro Devices in the 2nd quarter worth $385,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling

In other news, CEO Lisa T. Su sold 15,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $480.94, for a total value of $7,214,100.00. Following the completion of the transaction, the chief executive officer owned 3,102,156 shares of the company’s stock, valued at $1,491,950,906.64. The trade was a 0.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total value of $7,111,200.00. Following the completion of the sale, the executive vice president owned 160,979 shares in the company, valued at $76,316,924.32. The trade was a 8.52% decrease in their position. 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 sold 241,203 shares of company stock valued at $114,011,942 in the last 90 days. 0.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on AMD shares. Rosenblatt Securities raised their price target on Advanced Micro Devices from $665.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Wall Street Zen cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Saturday, August 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a research report on Monday, August 3rd. DA Davidson boosted their price target on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. upped their price target on shares of Advanced Micro Devices from $385.00 to $550.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Four 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $553.72.

More Advanced Micro Devices News

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

• Positive Sentiment: AI growth outlook remains robust: AMD’s second-quarter revenue increased 50% year over year to approximately $11.5 billion, with data-center revenue more than doubling to $6.7 billion. Management’s roughly $13 billion third-quarter revenue outlook and 56% gross-margin forecast support expectations for continued momentum. AMD growth outlook
• Positive Sentiment: Analyst upgrade and product catalysts: Raymond James upgraded AMD, citing a potential $201 billion revenue opportunity by 2030 from agentic AI. AMD is also preparing the MI455X accelerator and Helios rack system, while ROCm 10, UCIe connectivity and new secure-AI initiatives could strengthen its ecosystem. Raymond James AMD upgrade
• Positive Sentiment: Enterprise AI positioning: AMD’s equity investment and joint development agreement with Nutanix could help it offer more complete inference and agentic-AI systems as an open alternative to Nvidia’s platform. AMD and Nutanix partnership
• Neutral Sentiment: Anthropic’s mixed chip strategy: Anthropic reportedly previously committed substantial spending involving AMD but later signed a six-year, $45 billion lease for Nvidia-powered capacity. The news suggests AMD remains relevant, but Nvidia may be the preferred provider for the largest AI workloads. Anthropic AMD and Nvidia spending
• Negative Sentiment: Insider and fund selling: EVP Forrest Norrod sold about $7.9 million of AMD stock and EVP Jean Hu sold approximately $7.1 million, both under pre-arranged Rule 10b5-1 plans. ARK Invest also sold about $18.2 million of AMD while rotating into Broadcom and Cerebras, weighing on sentiment after AMD’s substantial rally. AMD insider sale filing
• Negative Sentiment: Competition and risk factors: Nvidia’s blowout results emphasized AMD’s weaker margins and software ecosystem, while AMD’s elevated valuation, potential semiconductor tariffs, export restrictions and rising memory costs increase the execution risk required to sustain its growth expectations. Nvidia versus AMD investment comparison

Advanced Micro Devices Price Performance

Shares of AMD stock opened at $476.67 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $149.22 and a 1-year high of $584.73. The stock’s 50-day moving average is $507.14 and its 200 day moving average is $383.86. The company has a market cap of $778.15 billion, a P/E ratio of 122.54 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.

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 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 period in the previous year, the company posted $0.48 earnings per share. Research analysts predict that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal 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.