Visionary Wealth Advisors Trims Position in Advanced Micro Devices, Inc. $AMD

Visionary Wealth Advisors decreased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 12.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,047 shares of the semiconductor manufacturer’s stock after selling 1,546 shares during the quarter. Visionary Wealth Advisors’ holdings in Advanced Micro Devices were worth $6,417,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Algert Global LLC increased its position in Advanced Micro Devices by 185.7% during the 2nd quarter. Algert Global LLC now owns 14,916 shares of the semiconductor manufacturer’s stock valued at $8,665,000 after purchasing an additional 9,696 shares during the period. D.B. Root & Company LLC lifted its position in shares of Advanced Micro Devices by 16.7% in the 2nd quarter. D.B. Root & Company LLC now owns 1,998 shares of the semiconductor manufacturer’s stock worth $1,161,000 after purchasing an additional 286 shares during the period. Asset One Wealth Management LLC boosted its stake in shares of Advanced Micro Devices by 3.0% during the 2nd quarter. Asset One Wealth Management LLC now owns 23,072 shares of the semiconductor manufacturer’s stock valued at $12,208,000 after purchasing an additional 664 shares in the last quarter. Safeguard Investment Advisory Group LLC boosted its stake in shares of Advanced Micro Devices by 1.9% during the 2nd quarter. Safeguard Investment Advisory Group LLC now owns 4,738 shares of the semiconductor manufacturer’s stock valued at $2,752,000 after purchasing an additional 88 shares in the last quarter. Finally, Tairen Capital Ltd increased its position in shares of Advanced Micro Devices by 6.7% during the second quarter. Tairen Capital Ltd now owns 171,100 shares of the semiconductor manufacturer’s stock valued at $99,394,000 after buying an additional 10,700 shares during the period. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices News Summary

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

• Positive Sentiment: AI demand and product roadmap remain strong: AMD’s previously announced rack-scale platforms and server products are moving closer to deployment, supporting expectations for continued data-center growth. Recent results showed revenue up 50% year over year to $11.54 billion, while management guided to roughly $13 billion in third-quarter revenue. AMD stock ran its published roadmap
• Positive Sentiment: Strategic Nutanix partnership broadens AMD’s AI offering: AMD’s equity investment and joint development agreement with Nutanix could help deliver integrated, open AI inference systems that compete with Nvidia’s software-centric platform. AMD and Nutanix strategic partnership
• Neutral Sentiment: Analyst comparisons favor rivals on risk-reward: Commentary argues Broadcom offers better diversification and a lower valuation, while Nvidia’s stronger profitability, CUDA ecosystem and recent outperformance give it an advantage over AMD. These comparisons may limit enthusiasm despite AMD’s growth prospects. Broadcom versus AMD risk-reward comparison
• Negative Sentiment: Potential tariffs increase cost and supply-chain risk: Reports that the administration may extend semiconductor tariffs to products containing chips, including data-center servers, have raised concerns about higher costs and disrupted hardware supply chains. Why AMD stock is sliding
• Negative Sentiment: Profit-taking and selling activity weigh on sentiment: ARK Invest sold approximately $18 million of AMD shares while reallocating capital to Broadcom and Cerebras. AMD EVP Jean Hu also sold $7.1 million of stock under a pre-arranged Rule 10b5-1 plan, although she retained a substantial position. Cathie Wood sold AMD stock

Advanced Micro Devices Trading Down 2.3%

NASDAQ:AMD opened at $465.58 on Friday. Advanced Micro Devices, Inc. has a one year low of $149.22 and a one 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. The company’s 50-day simple moving average is $505.66 and its 200 day simple moving average is $384.43. The firm has a market capitalization of $760.05 billion, a P/E ratio of 119.69 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping 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 analysts’ expectations of $11.31 billion. During the same quarter in the prior year, the company earned $0.48 earnings per share. The business’s revenue was up 50.1% compared to the same quarter last year. As a group, analysts forecast that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on AMD. Jefferies Financial Group set a $650.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Raymond James Financial upgraded Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and upped their target price for the stock from $565.00 to $641.00 in a report on Tuesday. Oppenheimer lowered Advanced Micro Devices from a “market perform” rating to a “market perform” rating in a research report on Wednesday, May 6th. Loop Capital upgraded Advanced Micro Devices to a “strong-buy” rating in a research note on Tuesday, June 16th. Finally, BTIG Research upgraded Advanced Micro Devices to a “buy” rating in a research report on Wednesday, May 6th. Four equities research 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 given a Sell rating to the company. According to data from MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average target price of $553.72.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 17,261 shares of the company’s 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 sale, the executive vice president owned 373,317 shares in the company, valued at $171,707,154.15. This represents a 4.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were 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 position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 241,203 shares of company stock worth $114,011,942. Company insiders own 0.50% of the company’s stock.

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.