Empirical Finance LLC Purchases 1,916 Shares of Advanced Micro Devices, Inc. $AMD

Empirical Finance LLC boosted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.5% in the second quarter, HoldingsChannel reports. The fund owned 55,978 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,916 shares during the quarter. Advanced Micro Devices makes up 1.3% of Empirical Finance LLC’s portfolio, making the stock its 13th largest position. Empirical Finance LLC’s holdings in Advanced Micro Devices were worth $32,518,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Sarver Vrooman Wealth Advisors purchased a new stake in Advanced Micro Devices during the 4th quarter worth approximately $27,000. Cornerstone Financial Management LLC acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at about $27,000. Basepoint Wealth LLC purchased a new stake in Advanced Micro Devices in the 4th quarter worth approximately $30,000. JNBA Financial Advisors increased its holdings in shares of Advanced Micro Devices by 142.9% during the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 30 shares in the last quarter. Finally, Graney & King LLC purchased a new stake in Advanced Micro Devices during the first quarter worth $31,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Up 5.9%

Shares of AMD traded up $28.17 during midday trading on Tuesday, hitting $505.74. The company had a trading volume of 28,078,002 shares, compared to its average volume of 33,952,883. Advanced Micro Devices, Inc. has a 1 year low of $149.85 and a 1 year high of $584.73. The company’s 50-day simple moving average is $497.96 and its 200-day simple moving average is $396.52. 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 firm has a market capitalization of $825.61 billion, a P/E ratio of 130.01, a P/E/G ratio of 4.95 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $11.31 billion. During the same period in the previous year, the company earned $0.48 EPS. The company’s revenue for the quarter was up 50.1% on a year-over-year basis. As a group, sell-side analysts expect that Advanced Micro Devices, Inc. will post 6.44 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have weighed in on AMD shares. KeyCorp set a $650.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Rosenblatt Securities increased their target price on Advanced Micro Devices from $665.00 to $700.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Jefferies Financial Group set a $650.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Mizuho upped their price objective on Advanced Micro Devices from $615.00 to $625.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Finally, Wedbush reaffirmed an “outperform” rating and set a $600.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $553.72.

Insider Activity at Advanced Micro Devices

In related news, EVP Forrest Norrod sold 17,261 shares of the company’s stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 373,317 shares of the company’s stock, valued at $171,707,154.15. This represents a 4.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 125,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total value of $57,586,250.00. Following the transaction, the chief executive officer directly owned 2,896,899 shares in the company, valued at approximately $1,334,572,400.31. This represents a 4.14% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 232,577 shares of company stock valued at $109,509,170. Corporate insiders own 0.50% of the company’s stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD raised its estimate for the total addressable AI market to approximately $3 trillion by 2030, up from roughly $2 trillion previously. The larger market forecast strengthened the long-term growth narrative and helped support the shares. AMD stock jumps 6% as AI market opportunity seen at $3T
• Positive Sentiment: At Citi’s Global TMT Conference, management highlighted AMD’s data-center roadmap and its broader AI portfolio, including EPYC server processors, Instinct GPUs and Helios rack-scale systems. Investors view the platform approach as a potential driver of accelerating second-half 2026 demand. AMD Presents at Citi’s 2026 Global TMT Conference Transcript
• Positive Sentiment: Recent coverage emphasized AMD’s AI-optimized processors, a planned high-end workstation capable of running very large models locally, and its major GPU relationship with OpenAI. These developments reinforce expectations for share gains in AI hardware and data-center computing. AMD Stock Jumps After Unveiling AI Workstation
• Neutral Sentiment: Analyst and investor commentary remains broadly constructive, with several published price targets above the current market level. However, the stock’s strong year-to-date advance has increased sensitivity to execution and future guidance.
• Negative Sentiment: Some analysts argue AMD is already valued more aggressively than Nvidia and Broadcom, while Broadcom’s faster growth and lower valuation could make it the preferred AI hardware investment. This creates a risk of profit-taking if AMD’s AI ramp falls short of expectations. Forget AMD: This AI Hardware Stock Is the Smarter Bet Right Now
• Negative Sentiment: Quiver Quantitative data showed substantial insider selling and no reported insider purchases over the past six months. While such sales may be scheduled or compensation-related, they could temper bullish sentiment at an elevated valuation.

Advanced Micro Devices 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.