4,008 Shares in Advanced Micro Devices, Inc. $AMD Acquired by Brasada Capital Management LP

Brasada Capital Management LP bought a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,008 shares of the semiconductor manufacturer’s stock, valued at approximately $2,328,000.

A number of other large investors have also recently bought and sold shares of AMD. FSA Advisors Inc. purchased a new position in Advanced Micro Devices during the second quarter worth $1,050,000. Coastal Bridge Advisors LLC purchased a new stake in shares of Advanced Micro Devices in the second quarter valued at $5,433,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Advanced Micro Devices during the second quarter valued at $370,406,000. MASTERINVEST Kapitalanlage GmbH purchased a new stake in Advanced Micro Devices during the 2nd quarter worth about $14,516,000. Finally, Triton Financial Group Inc acquired a new position in Advanced Micro Devices in the 2nd quarter valued at about $351,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

AMD opened at $465.58 on Monday. The company’s 50 day simple moving average is $505.66 and its 200 day simple moving average is $385.61. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. Advanced Micro Devices, Inc. has a 1 year low of $149.22 and a 1 year high of $584.73. The stock has a market capitalization of $760.05 billion, a PE ratio of 119.69 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly 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 during the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. Advanced Micro Devices’s revenue for the quarter was up 50.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.48 earnings per share. As a group, sell-side analysts expect that Advanced Micro Devices, Inc. will post 6.44 EPS for the current year.

Insider Activity at Advanced Micro Devices

In related news, EVP Jean X. Hu sold 15,000 shares of the stock in a transaction on 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 transaction, the executive vice president directly owned 160,979 shares of the company’s stock, valued at approximately $76,316,924.32. This trade represents a 8.52% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 15,000 shares of Advanced Micro Devices stock in a transaction on Tuesday, August 18th. The shares were 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 in the company, valued at $1,491,950,906.64. The trade was a 0.48% 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. Over the last three months, insiders sold 241,203 shares of company stock worth $114,011,942. 0.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have issued reports on AMD. Benchmark upped their target price on shares of Advanced Micro Devices from $485.00 to $685.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. Wolfe Research set a $450.00 price target on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a report on Monday, June 15th. Zacks Research raised shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Citigroup upgraded shares of Advanced Micro Devices from a “market perform” rating to a “buy” rating in a research report on Wednesday, July 22nd. Finally, The Goldman Sachs Group lifted their target price on shares of Advanced Micro Devices from $450.00 to $640.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and a consensus price target of $553.72.

Trending Headlines about Advanced Micro Devices

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 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.