Insider Selling: Advanced Micro Devices (NASDAQ:AMD) SVP Sells $1,462,649.17 in Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP Ava Hahn sold 2,993 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total value of $1,462,649.17. Following the completion of the sale, the senior vice president owned 26,623 shares in the company, valued at $13,010,393.87. This represents a 10.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Ava Hahn also recently made the following trade(s):

• On Tuesday, August 11th, Ava Hahn sold 143 shares of Advanced Micro Devices stock. The stock was sold at an average price of $474.75, for a total value of $67,889.25.

Advanced Micro Devices Stock Performance

Shares of AMD stock traded up $3.03 during trading on Thursday, reaching $469.45. 15,114,657 shares of the company’s stock were exchanged, compared to its average volume of 35,261,668. Advanced Micro Devices, Inc. has a twelve month low of $149.22 and a twelve month high of $584.73. The firm’s fifty day moving average price is $512.54 and its 200-day moving average price is $373.22. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $766.36 billion, a PE ratio of 120.68 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating 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 business 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 firm posted $0.48 EPS. The company’s quarterly revenue was up 50.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 EPS for the current year.

Institutional Investors Weigh In On Advanced Micro Devices

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in shares of Advanced Micro Devices by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock valued at $33,949,256,000 after acquiring an additional 2,525,109 shares during the period. BlackRock Inc. increased its position in shares of Advanced Micro Devices by 3.1% in the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock worth $87,311,650,000 after purchasing an additional 4,535,126 shares during the period. State Street Corp increased its position in shares of Advanced Micro Devices by 1.5% in the fourth quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer’s stock worth $16,044,712,000 after purchasing an additional 1,094,835 shares during the period. Geode Capital Management LLC raised its stake in 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 purchasing an additional 287,525 shares in the last quarter. Finally, Norges Bank bought a new stake in Advanced Micro Devices during the fourth quarter worth about $4,929,312,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Trending Headlines about Advanced Micro Devices

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

Wall Street Analysts Forecast Growth

AMD has been the topic of a number of research reports. Argus upped their price target on shares of Advanced Micro Devices from $450.00 to $625.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. TD Cowen restated a “buy” rating on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Benchmark boosted their price objective on Advanced Micro Devices from $485.00 to $685.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $700.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Finally, Truist Financial lifted their price target on Advanced Micro Devices from $478.00 to $594.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Three research 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 given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $546.87.

Advanced Micro Devices Company 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.