Silicon Valley Capital Partners Lowers Stock Position in Advanced Micro Devices, Inc. $AMD

Silicon Valley Capital Partners trimmed its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 26.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 83,054 shares of the semiconductor manufacturer’s stock after selling 30,537 shares during the quarter. Advanced Micro Devices makes up 4.4% of Silicon Valley Capital Partners’ holdings, making the stock its 7th biggest position. Silicon Valley Capital Partners’ holdings in Advanced Micro Devices were worth $48,247,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Southpoint Capital Advisors LP raised its stake in shares of Advanced Micro Devices by 50.0% during the 1st quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer’s stock valued at $183,087,000 after purchasing an additional 300,000 shares during the period. Jefferies Financial Group Inc. boosted its stake in Advanced Micro Devices by 6,228.8% in the 4th quarter. Jefferies Financial Group Inc. now owns 308,021 shares of the semiconductor manufacturer’s stock worth $65,966,000 after purchasing an additional 303,154 shares during the period. Boomfish Wealth Group LLC purchased a new position in Advanced Micro Devices during the 1st quarter valued at about $1,193,000. Dimensional Fund Advisors LP grew its holdings in Advanced Micro Devices by 6.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,142,516 shares of the semiconductor manufacturer’s stock valued at $1,045,954,000 after buying an additional 291,165 shares in the last quarter. Finally, Williamson Legacy Group LLC bought a new stake in shares of Advanced Micro Devices during the fourth quarter valued at about $1,118,000. 71.34% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. CLSA reissued an “outperform” rating and issued a $710.00 price target on shares of Advanced Micro Devices in a report on Wednesday, September 9th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $700.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Wells Fargo & Company raised their price target on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Loop Capital upgraded shares of Advanced Micro Devices to a “strong-buy” rating in a research report on Tuesday, June 16th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $600.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $565.12.

Advanced Micro Devices News Summary

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

• Positive Sentiment: $1 trillion milestone: AMD became one of the few U.S. companies—and the latest major chipmaker—to surpass a $1 trillion valuation, reinforcing investor confidence in its long-term AI growth prospects. AMD becomes latest chipmaker to reach $1 trillion valuation on AI demand
• Positive Sentiment: AI demand and customer catalysts: Investors cited AMD’s expanding EPYC CPUs and Instinct accelerators, potential demand from AI agents such as Meta’s Muse, OpenAI’s reported 6-gigawatt agreement, and Oracle’s reported order for 50,000 MI450 chips. These developments support expectations for stronger data-center growth. AMD Stock Hits Fresh Record High
• Positive Sentiment: Pricing power: Reports that AMD plans to raise prices on select chips by about 10%—amid higher wafer costs and constrained high-performance computing capacity—boosted expectations for potential margin support. AMD Is About to Become a Trillion-Dollar Stock as It Hikes Chip Prices 10%
• Positive Sentiment: Favorable market backdrop: Lower Treasury yields, falling oil prices, renewed optimism around U.S.-China discussions, and a broad rally in semiconductor stocks helped amplify demand for AMD and other AI-related shares. Why are Intel and AMD stocks surging on Monday?

Advanced Micro Devices Price Performance

AMD stock traded up $55.70 during midday trading on Monday, reaching $615.52. The company had a trading volume of 44,241,329 shares, compared to its average volume of 33,511,820. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. Advanced Micro Devices, Inc. has a 1 year low of $154.78 and a 1 year high of $616.69. The company has a market capitalization of $1.00 trillion, a P/E ratio of 158.23, a P/E/G ratio of 5.81 and a beta of 2.48. The firm has a 50-day moving average price of $494.24 and a 200-day moving average price of $416.47.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating 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 firm had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. During the same quarter last year, the company posted $0.48 EPS. The business’s quarterly revenue was up 50.1% on a year-over-year basis. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Mark Papermaster sold 28,811 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the sale, the executive vice president owned 1,261,461 shares in the company, valued at $595,245,602.07. This trade represents a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 70,000 shares of Advanced Micro Devices stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $506.80, for a total value of $35,476,000.00. Following the sale, the chief executive officer directly owned 3,032,156 shares of the company’s stock, valued at approximately $1,536,696,660.80. This trade represents a 2.26% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 213,838 shares of company stock valued at $105,533,836 over the last quarter. Insiders own 0.50% of the company’s stock.

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.