Massachusetts Financial Services Co. MA Purchases 1,742,587 Shares of Advanced Micro Devices, Inc. $AMD

Massachusetts Financial Services Co. MA boosted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 301.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,321,366 shares of the semiconductor manufacturer’s stock after buying an additional 1,742,587 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Advanced Micro Devices were worth $1,355,092,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Avid Wealth Partners LLC acquired a new stake in shares of Advanced Micro Devices in the second quarter valued at approximately $324,000. Outlook Wealth Advisors LLC bought a new position in Advanced Micro Devices in the second quarter valued at $347,000. Carrera Capital Advisors bought a new position in Advanced Micro Devices in the second quarter valued at $403,000. Jennison Associates LLC increased its stake in Advanced Micro Devices by 5.8% in the 2nd quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer’s stock valued at $5,793,388,000 after buying an additional 545,575 shares during the last quarter. Finally, Gerald Baker Financial Group LLC increased its stake in Advanced Micro Devices by 3.1% in the 2nd quarter. Gerald Baker Financial Group LLC now owns 3,196 shares of the semiconductor manufacturer’s stock valued at $1,857,000 after buying an additional 96 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Baird issued a highly bullish $1,250 price target, reinforcing the view that AMD’s AI accelerator and data-center businesses could expand substantially. Broadcom Sinks as AMD Climbs on Baird’s Call
• Positive Sentiment: AMD announced day-one support for the Qwen3.8 27B AI model, a development that may improve adoption of its chips and software among AI developers and data-center customers. AMD Supports Qwen3.8 27B AI Model
• Positive Sentiment: Bank of America raised its 2030 server-CPU market forecast to more than $210 billion from roughly $170 billion, citing demand from AI agents. AMD was identified as one of the bank’s preferred semiconductor investments. Bank of America Raises AI Chip Forecast
• Positive Sentiment: AMD is preparing a record bond offering of up to $5 billion to finance AI infrastructure, partnerships and other corporate needs. The funding could support its Helios platform and large customer commitments, including from Microsoft and AI companies. AMD Plans $5 Billion Bond Sale
• Neutral Sentiment: Institutional activity was mixed: Mirova disclosed a new AMD position worth approximately $145 million, while other funds reported reductions. Because these filings reflect holdings as of June 30, they provide limited insight into current positioning. Mirova Opens AMD Position
• Negative Sentiment: Risks include AMD’s demanding valuation, the added leverage from the bond sale and competitive pressure after reports that SpaceX plans to use Nvidia chips exclusively. Recent insider trading data also shows selling, although the reported sale by SVP Ava Hahn was made under a prearranged Rule 10b5-1 plan. SpaceX Selects Nvidia Exclusively

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total value of $57,586,250.00. Following the sale, the chief executive officer owned 2,896,899 shares in the company, valued at $1,334,572,400.31. This trade represents a 4.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 143 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $474.75, for a total value of $67,889.25. Following the sale, the senior vice president owned 17,644 shares in the company, valued at $8,376,489. This represents a 0.80% 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. Insiders sold a total of 161,077 shares of company stock worth $74,732,145 in the last quarter. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices Stock Up 6.5%

NASDAQ AMD opened at $514.39 on Friday. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 1-year low of $149.22 and a 1-year high of $584.73. The company has a 50 day moving average of $511.77 and a 200-day moving average of $367.48. The company has a market cap of $839.73 billion, a price-to-earnings ratio of 132.23 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results 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 return on equity of 12.30% and a net margin of 15.58%.The company had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same period in the prior year, the firm posted $0.48 EPS. Advanced Micro Devices’s quarterly revenue was up 50.1% on a year-over-year basis. On average, equities research analysts expect that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AMD has been the topic of a number of analyst reports. Raymond James Financial began coverage on Advanced Micro Devices in a research note on Wednesday, May 6th. They set a “market perform” rating on the stock. Truist Financial boosted their target price on shares of Advanced Micro Devices from $478.00 to $594.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Susquehanna upped their price target on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the stock a “positive” rating in a research report on Thursday, July 30th. William Blair reiterated a “market perform” rating on shares of Advanced Micro Devices in a research note on Friday, July 24th. Finally, Roth Capital lifted their price objective on shares of Advanced Micro Devices from $500.00 to $650.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $546.87.

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.