Advanced Micro Devices (NASDAQ:AMD) CEO Lisa Su Sells 15,000 Shares of Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa Su sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $480.94, for a total transaction of $7,214,100.00. Following the sale, the chief executive officer directly owned 3,102,156 shares in the company, valued at $1,491,950,906.64. This trade represents a 0.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Advanced Micro Devices Price Performance

NASDAQ:AMD traded up $3.03 during trading hours on Thursday, hitting $469.45. 15,114,657 shares of the company’s stock traded hands, compared to its average volume of 35,261,668. The business’s fifty day simple moving average is $512.54 and its two-hundred day simple moving average is $373.22. Advanced Micro Devices, Inc. has a 52 week low of $149.22 and a 52 week high of $584.73. The firm has a market cap of $766.36 billion, a P/E ratio of 120.68 and a beta of 2.48. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The firm had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same quarter last year, the company posted $0.48 EPS. The company’s revenue for the quarter was up 50.1% on a year-over-year basis. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal year.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD remains a major beneficiary of rising AI infrastructure spending. Analysts and commentators highlighted CEO Lisa Su’s expectation that server revenue, excluding AI accelerators, could grow more than 80% in the current half, reinforcing the strength of AMD’s broader data-center business. AMD Server Revenue Outlook
• Positive Sentiment: AMD’s AI growth outlook continues to attract bullish forecasts. Recent reports cited record data-center revenue, expanding AI partnerships and price targets as high as $700, while the analyst consensus remains a “Moderate Buy.” AMD Price Prediction
• Positive Sentiment: The appointment of Tim Ryan to AMD’s board adds technology, enterprise and financial-governance experience. KC McClure was also named chair of the Audit and Finance Committee, modestly strengthening corporate oversight. AMD Appoints Tim Ryan
• Neutral Sentiment: AMD’s $1.31 billion equity portfolio, including a sizable SpaceX investment, was disclosed in its first 13F filing. The portfolio may offer strategic value but does not materially change near-term semiconductor earnings. AMD Investment Portfolio
• Negative Sentiment: Shares face valuation pressure after a substantial rally. AMD trades at a high earnings multiple, and comparisons with Nvidia suggest investors are already pricing in considerable AI and data-center success, increasing the risk of profit-taking. Broadcom AMD and Nvidia Valuations
• Negative Sentiment: AMD eased alongside semiconductor peers after Google reportedly selected Marvell for a custom-chip deal, reviving concerns that specialized in-house and custom silicon could challenge demand for merchant AI chips. Google Marvell Chip Deal
• Negative Sentiment: Recent executive stock sales and Ark Invest’s continued reduction of its AMD position added to selling pressure. The disclosed executive transactions were made under pre-arranged plans for tax withholding, but still weighed on investor sentiment. AMD Insider Sale
• Negative Sentiment: AMD’s planned multibillion-dollar debt financing could fund AI expansion, but investors are questioning the need to borrow while profits are growing. Additional interest costs and execution risk may limit enthusiasm. AMD Financing Concerns

Hedge Funds Weigh In On Advanced Micro Devices

Institutional investors and hedge funds have recently bought and sold shares of the stock. JNBA Financial Advisors increased its stake in Advanced Micro Devices by 142.9% in the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 30 shares during the period. Advocacy Wealth Management LLC purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $612,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $252,000. Headlands Technologies LLC grew its holdings in shares of Advanced Micro Devices by 962.3% in the second quarter. Headlands Technologies LLC now owns 23,179 shares of the semiconductor manufacturer’s stock worth $13,465,000 after purchasing an additional 20,997 shares during the last quarter. Finally, Fosun International Ltd grew its holdings in shares of Advanced Micro Devices by 20.1% in the second quarter. Fosun International Ltd now owns 3,845 shares of the semiconductor manufacturer’s stock worth $2,234,000 after purchasing an additional 643 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AMD has been the topic of a number of research analyst reports. Stifel Nicolaus increased their target price on Advanced Micro Devices from $450.00 to $635.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Sanford C. Bernstein reiterated an “outperform” rating and set a $650.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Jefferies Financial Group set a $650.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Wells Fargo & Company boosted their price objective on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Finally, UBS Group reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research note on Friday, July 24th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus price target of $546.87.

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.