IPG Investment Advisors LLC Cuts Holdings in Advanced Micro Devices, Inc. $AMD

IPG Investment Advisors LLC lowered its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.2% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 8,126 shares of the semiconductor manufacturer’s stock after selling 1,240 shares during the period. IPG Investment Advisors LLC’s holdings in Advanced Micro Devices were worth $4,720,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in AMD. California State Teachers Retirement System grew its position in Advanced Micro Devices by 58,272.0% during the second quarter. California State Teachers Retirement System now owns 1,436,775,740 shares of the semiconductor manufacturer’s stock valued at $834,637,395,000 after acquiring an additional 1,434,314,328 shares during the last quarter. BlackRock Inc. grew its holdings in Advanced Micro Devices by 3.1% in the 2nd quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock worth $87,311,650,000 after acquiring an additional 4,535,126 shares during the last quarter. State Street Corp boosted its holdings in shares of Advanced Micro Devices by 1.5% during the fourth quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer’s stock worth $16,044,712,000 after purchasing an additional 1,094,835 shares during the period. Geode Capital Management LLC increased its holdings in Advanced Micro Devices by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock valued at $8,015,897,000 after purchasing an additional 287,525 shares during the period. Finally, Norges Bank purchased a new position in shares of Advanced Micro Devices during the fourth quarter valued at approximately $4,929,312,000. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Trading Up 3.0%

Shares of AMD stock opened at $521.09 on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. The stock has a fifty day simple moving average of $496.07 and a two-hundred day simple moving average of $400.91. The firm has a market capitalization of $850.66 billion, a PE ratio of 133.96, a PEG ratio of 5.24 and a beta of 2.48. Advanced Micro Devices, Inc. has a 52-week low of $149.85 and a 52-week high of $584.73.

Advanced Micro Devices (NASDAQ:AMD) last released 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. The firm had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.During the same quarter in the prior year, the company posted $0.48 earnings per share. The business’s quarterly revenue was up 50.1% compared to the same quarter last year. On average, analysts predict that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

Key Advanced Micro Devices News

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

• Positive Sentiment: AI market opportunity raised: CFO Jean Hu told investors at Citi’s 2026 Global TMT Conference that AMD’s addressable AI market could reach approximately $3 trillion by 2030, up from an earlier estimate near $2 trillion. The company also expects its data-center business to double in 2027, strengthening the long-term growth narrative. Why is AMD stock surging 3% today
• Positive Sentiment: Analyst and institutional support: The expanded AI outlook prompted higher price targets, including a reported $710 target from CLSA. Bank of America also identified AMD and Micron as beneficiaries of shifting semiconductor investment, while recent filings indicate substantial additions by large institutional investors. AMD Stock Surges on AI Market Forecast
• Positive Sentiment: Technical momentum improved: AMD was named IBD Stock of the Day after moving above an early buy point, suggesting that renewed investor demand is reinforcing the fundamental AI story. AMD Regains Investor Favor
• Neutral Sentiment: Execution remains critical: Analysts view AMD’s AI opportunity as substantial, but the company must secure adequate chip supply, execute its data-center roadmap and compete effectively with Nvidia and other custom-AI-chip providers. AMD’s AI Opportunity Raises the Stakes
• Negative Sentiment: Valuation and selling pressure are risks: AMD’s elevated valuation leaves limited room for execution disappointments. ARK Invest has recently reduced its AMD position, and reported insider transactions have consisted of sales rather than purchases. Cathie Wood Sheds More AMD

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. KeyCorp set a $650.00 target price on Advanced Micro Devices in a research note on Wednesday, August 5th. William Blair reiterated a “market perform” rating on shares of Advanced Micro Devices in a research note on Friday, July 24th. Raymond James Financial upgraded Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and increased their target price for the company from $565.00 to $641.00 in a research note on Tuesday, August 25th. BMO Capital Markets assumed coverage on shares of Advanced Micro Devices in a report on Thursday, August 20th. They set an “outperform” rating and a $550.00 price target on the stock. Finally, Piper Sandler started coverage on Advanced Micro Devices in a research note on Wednesday. They issued an “overweight” rating and a $600.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $565.12.

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark Papermaster sold 28,811 shares of the company’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the completion of the transaction, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This represents a 2.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the completion of the sale, the executive vice president owned 160,979 shares in the company, valued at approximately $76,316,924.32. This represents a 8.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 107,577 shares of company stock valued at $51,922,920. 0.50% of the stock is owned by corporate insiders.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive-processing products. Its portfolio includes central processing units (CPUs), graphics processing units (GPUs), accelerated processing units (APUs), field-programmable gate arrays (FPGAs) and adaptive system-on-chip products.

AMD serves customers across data centers, cloud computing, personal computers, gaming consoles, embedded systems and industrial applications.