Nissay Asset Management Corp Japan Cuts Stake in Advanced Micro Devices, Inc. $AMD

Nissay Asset Management Corp Japan reduced its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.1% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 643,083 shares of the semiconductor manufacturer’s stock after selling 49,163 shares during the quarter. Advanced Micro Devices accounts for about 1.6% of Nissay Asset Management Corp Japan’s investment portfolio, making the stock its 14th biggest holding. Nissay Asset Management Corp Japan’s holdings in Advanced Micro Devices were worth $373,573,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sarver Vrooman Wealth Advisors bought a new stake in shares of Advanced Micro Devices during the fourth quarter valued at approximately $27,000. Cornerstone Financial Management LLC bought a new position in Advanced Micro Devices in the 4th quarter valued at approximately $27,000. Basepoint Wealth LLC bought a new position in Advanced Micro Devices in the 4th quarter valued at approximately $30,000. Graney & King LLC purchased a new stake in Advanced Micro Devices during the 1st quarter valued at $31,000. Finally, Main Street Group LTD purchased a new stake in Advanced Micro Devices during the 1st quarter valued at $33,000. Institutional investors own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on AMD shares. UBS Group restated an “overweight” rating on shares of Advanced Micro Devices in a research note on Friday, July 24th. JPMorgan Chase & Co. lifted their price objective on Advanced Micro Devices from $385.00 to $550.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Evercore reissued an “outperform” rating and issued a $579.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, May 19th. Citigroup upgraded shares of Advanced Micro Devices from a “market perform” rating to a “buy” rating in a research note on Wednesday, July 22nd. Finally, Rosenblatt Securities raised their price target on shares of Advanced Micro Devices from $665.00 to $700.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Four research 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 given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $553.72.

Insider Transactions at Advanced Micro Devices

In other news, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the transaction, the executive vice president directly owned 160,979 shares of the company’s stock, valued at $76,316,924.32. The trade was a 8.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $514.91, for a total value of $7,723,650.00. Following the transaction, the executive vice president owned 117,687 shares of the company’s stock, valued at approximately $60,598,213.17. This trade represents a 11.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 232,577 shares of company stock valued at $109,509,170. Company insiders own 0.50% of the company’s stock.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD, Cisco and HUMAIN said AMD Instinct MI355X-based AI infrastructure is now live and serving customers in Saudi Arabia. The partners plan up to 250 megawatts of additional capacity beginning in 2027, potentially scaling to 1 gigawatt by 2030. The deployment provides tangible evidence of commercial AI demand for AMD’s GPUs and CPUs. AMD’s Instinct Systems Are Now Live in Saudi Arabia
• Positive Sentiment: Analysts remain broadly constructive, with a reported median price target of $490 and several targets above $600. Recent commentary also highlights AMD’s strong AI growth prospects and the possibility that optimization advances could make AMD-based inference systems more competitive with Nvidia’s offerings. AMD Stock Is Up 115% YTD
• Neutral Sentiment: AMD’s recent results remain a fundamental support: quarterly revenue rose about 50% year over year to $11.5 billion and exceeded expectations. However, investors are weighing that growth against a high valuation after the stock’s substantial advance.
• Negative Sentiment: A global bond selloff pushed long-term yields higher, pressuring high-multiple technology and semiconductor stocks. AMD declined alongside Nvidia, Intel and other chipmakers, indicating sector-wide risk reduction rather than a company-specific setback. Semiconductor Stocks Slide as Yields Rise
• Negative Sentiment: Valuation concerns are intensifying. Analysts question how much upside remains after AMD’s rapid rally, while tightening export controls and competition from Nvidia’s expanding edge-to-cloud ecosystem could limit future gains. AMD: There’s Little Upside Here
• Negative Sentiment: ARK Invest reportedly sold tens of millions of dollars of AMD shares while reallocating capital toward Nvidia and Broadcom. The move may reinforce short-term profit-taking concerns, although it represents one fund’s portfolio decision rather than a change in AMD’s fundamentals. Cathie Wood Sells AMD and Buys Another Chip Stock

Advanced Micro Devices Trading Down 2.4%

Shares of AMD stock opened at $459.61 on Wednesday. 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 has a market cap of $750.30 billion, a price-to-earnings ratio of 118.15, a PEG ratio of 4.87 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 firm has a fifty day moving average price of $502.84 and a 200-day moving average price of $389.16.

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 company had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.Advanced Micro Devices’s revenue for the quarter was up 50.1% compared to the same quarter last year. During the same period last year, the firm earned $0.48 EPS. As a group, equities analysts predict that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.

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.