Sequoia Financial Advisors LLC Purchases 3,732 Shares of Advanced Micro Devices, Inc. $AMD

Sequoia Financial Advisors LLC raised its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.5% during the 2nd quarter, Holdings Channel reports. The fund owned 71,085 shares of the semiconductor manufacturer’s stock after purchasing an additional 3,732 shares during the period. Sequoia Financial Advisors LLC’s holdings in Advanced Micro Devices were worth $41,294,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. California State Teachers Retirement System increased its position in Advanced Micro Devices by 58,272.0% in the second quarter. California State Teachers Retirement System now owns 1,436,775,740 shares of the semiconductor manufacturer’s stock worth $834,637,395,000 after purchasing an additional 1,434,314,328 shares during the last quarter. Norges Bank bought a new position in Advanced Micro Devices during the fourth quarter valued at $4,929,312,000. Bank of America Corp DE bought a new position in Advanced Micro Devices during the second quarter valued at $7,022,226,000. Cardano Risk Management B.V. purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth $1,000,783,000. Finally, BlackRock Inc. increased its holdings in shares of Advanced Micro Devices by 3.1% in the 2nd quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock worth $87,311,650,000 after buying an additional 4,535,126 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Trading Up 3.0%

NASDAQ AMD opened at $521.09 on Thursday. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The stock has a market cap of $850.66 billion, a PE ratio of 133.96, a PEG ratio of 5.24 and a beta of 2.48. The company’s 50-day moving average price is $496.07 and its 200-day moving average price is $400.91. Advanced Micro Devices, Inc. has a 12 month low of $149.85 and a 12 month high of $584.73.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results 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. The firm had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company’s revenue was up 50.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.48 earnings per share. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.

Analyst Ratings Changes

AMD has been the topic of several recent research reports. Robert W. Baird set a $1,250.00 target price on shares of Advanced Micro Devices in a research report on Friday, July 24th. JPMorgan Chase & Co. upped their price objective on Advanced Micro Devices from $385.00 to $550.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Argus raised their price objective on Advanced Micro Devices from $450.00 to $625.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Mizuho lifted their target price on Advanced Micro Devices from $615.00 to $625.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Finally, William Blair reissued a “market perform” rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Three research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $565.12.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AI market opportunity raised: CFO Jean Hu told investors at Citi’s 2026 Global TMT Conference that AMD’s addressable AI market could reach approximately $3 trillion by 2030, up from an earlier estimate near $2 trillion. The company also expects its data-center business to double in 2027, strengthening the long-term growth narrative. Why is AMD stock surging 3% today
• Positive Sentiment: Analyst and institutional support: The expanded AI outlook prompted higher price targets, including a reported $710 target from CLSA. Bank of America also identified AMD and Micron as beneficiaries of shifting semiconductor investment, while recent filings indicate substantial additions by large institutional investors. AMD Stock Surges on AI Market Forecast
• Positive Sentiment: Technical momentum improved: AMD was named IBD Stock of the Day after moving above an early buy point, suggesting that renewed investor demand is reinforcing the fundamental AI story. AMD Regains Investor Favor
• Neutral Sentiment: Execution remains critical: Analysts view AMD’s AI opportunity as substantial, but the company must secure adequate chip supply, execute its data-center roadmap and compete effectively with Nvidia and other custom-AI-chip providers. AMD’s AI Opportunity Raises the Stakes
• Negative Sentiment: Valuation and selling pressure are risks: AMD’s elevated valuation leaves limited room for execution disappointments. ARK Invest has recently reduced its AMD position, and reported insider transactions have consisted of sales rather than purchases. Cathie Wood Sheds More AMD

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Grasby sold 15,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the transaction, the executive vice president owned 117,687 shares of the company’s stock, valued at approximately $60,598,213.17. This trade represents a 11.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Forrest Norrod sold 17,261 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $459.95, for a total transaction of $7,939,196.95. Following the completion of the sale, the executive vice president owned 373,317 shares of the company’s stock, valued at approximately $171,707,154.15. This represents a 4.42% 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 107,577 shares of company stock worth $51,922,920 over the last quarter. Corporate 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.