Generali Investments Management Co LLC Sells 14,749 Shares of Advanced Micro Devices, Inc. $AMD

Generali Investments Management Co LLC trimmed its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 67.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,044 shares of the semiconductor manufacturer’s stock after selling 14,749 shares during the quarter. Advanced Micro Devices makes up 0.9% of Generali Investments Management Co LLC’s investment portfolio, making the stock its 23rd largest position. Generali Investments Management Co LLC’s holdings in Advanced Micro Devices were worth $4,092,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Advanced Micro Devices by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock worth $33,949,256,000 after purchasing an additional 2,525,109 shares during the last quarter. State Street Corp grew its holdings in Advanced Micro Devices by 1.5% in the 4th quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer’s stock worth $16,044,712,000 after acquiring an additional 1,094,835 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Advanced Micro Devices by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock valued at $8,015,897,000 after acquiring an additional 287,525 shares during the period. Norges Bank bought a new position in shares of Advanced Micro Devices during the fourth quarter valued at about $4,929,312,000. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of Advanced Micro Devices by 0.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer’s stock worth $4,352,864,000 after purchasing an additional 55,969 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: AI inference strategy gains support: AMD’s acquisition of Taalas adds specialized inference-chip technology to its product roadmap, potentially improving performance and efficiency relative to competitors such as Nvidia and Google. Taalas Buyout Boosts AMD’s AI Inference Abilities Against NVDA & GOOGL
• Positive Sentiment: Data-center expansion remains a growth catalyst: AMD’s Instinct Coder AI software stack and broader data-center push could strengthen its ability to capture enterprise AI spending. A partnership connected to Core Scientific provides access to more than 500 megawatts of U.S. data-center capacity beginning in 2027, with potential expansion to 2.5 gigawatts. What AMD’s New Instinct Coder AI Stack and Data Center Push Means For Shareholders
• Positive Sentiment: Institutional demand and analyst targets offer support: AGF Management increased its AMD position by approximately 554,000 shares, while Migdal Insurance disclosed a new position valued at about $134 million. Several analysts maintain targets above the current trading level, including a recently reported JPMorgan target of $550. AGF Management New Holdings
• Neutral Sentiment: Strong results have not eliminated execution risk: AMD exceeded second-quarter earnings and revenue expectations, with revenue rising sharply year over year. However, investors remain focused on whether AI-related growth, capital spending and free cash flow can justify current expectations.
• Negative Sentiment: Valuation is a major overhang: Commentary argues AMD is priced close to perfection, leaving limited room for weaker guidance, slower AI spending or competitive setbacks. The stock’s high earnings multiple makes it particularly sensitive to changes in sentiment. AMD: (Almost) Priced To Perfection
• Negative Sentiment: Post-earnings selling and insider activity weigh on sentiment: AMD declined despite its quarterly beat, reflecting broader skepticism about AI spending and concerns about lower free cash flow. Reports also note extensive insider selling with no disclosed open-market purchases in the past six months, while at least one investor has turned bearish. Advanced Micro Devices Reported Record Revenue. AMD Stock Sank Anyway

Advanced Micro Devices Price Performance

AMD opened at $469.56 on Tuesday. The company’s 50-day simple moving average is $513.75 and its two-hundred day simple moving average is $361.67. 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 market capitalization of $766.54 billion, a P/E ratio of 120.71 and a beta of 2.48. Advanced Micro Devices, Inc. has a 52-week low of $149.22 and a 52-week high of $584.73.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS 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 net margin of 15.58% and a return on equity of 12.30%. The business’s revenue for the quarter was up 50.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.48 earnings per share. As a group, analysts predict that Advanced Micro Devices, Inc. will post 6.38 EPS for the current year.

Wall Street Analysts Forecast Growth

AMD has been the topic of a number of research analyst reports. Cantor Fitzgerald restated an “overweight” rating and set a $700.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Wedbush reissued an “outperform” rating and set a $600.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Zacks Research raised Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 3rd. Bank of America boosted their price objective on shares of Advanced Micro Devices from $550.00 to $620.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Finally, Seaport Research Partners raised shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 target price for the company in a research report on Wednesday, May 6th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $546.87.

Insider Activity at Advanced Micro Devices

In related news, Director Nora Denzel sold 8,626 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the completion of the sale, the director owned 87,173 shares in the company, valued at approximately $45,504,306. This represents a 9.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lisa T. 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 completion of the transaction, the chief executive officer directly owned 2,896,899 shares in the company, valued at $1,334,572,400.31. The trade was a 4.14% 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. Insiders have sold a total of 285,934 shares of company stock valued at $130,353,006 in the last quarter. 0.50% of the stock is currently owned by corporate insiders.

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.