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

Generali Investments Management Co LLC reduced its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 67.7% during the second quarter, Holdings Channel.com reports. The firm owned 7,044 shares of the semiconductor manufacturer’s stock after selling 14,749 shares during the quarter. Advanced Micro Devices accounts for approximately 0.9% of Generali Investments Management Co LLC’s holdings, 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 SEC filing.

Several other hedge funds have also bought and sold shares of AMD. Handelsbanken Fonder AB increased its position in Advanced Micro Devices by 19.7% in the second quarter. Handelsbanken Fonder AB now owns 1,000,860 shares of the semiconductor manufacturer’s stock worth $581,410,000 after buying an additional 164,433 shares in the last quarter. BFI Infinity Ltd. purchased a new stake in Advanced Micro Devices in the 2nd quarter worth approximately $340,000. KWB Wealth raised its stake in Advanced Micro Devices by 4.3% during the 2nd quarter. KWB Wealth now owns 1,123 shares of the semiconductor manufacturer’s stock worth $652,000 after acquiring an additional 46 shares during the period. Spinnaker Investment Group LLC purchased a new position in Advanced Micro Devices during the second quarter valued at approximately $230,000. Finally, Highland Financial Advisors LLC bought a new position in shares of Advanced Micro Devices in the second quarter worth approximately $446,000. Institutional investors own 71.34% of the company’s stock.

Insider Activity

In related news, EVP Mark D. Papermaster sold 6,000 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $536.33, for a total transaction of $3,217,980.00. Following the transaction, the executive vice president directly owned 1,233,687 shares in the company, valued at approximately $661,663,348.71. This represents a 0.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the completion of the sale, the executive vice president directly owned 324,527 shares of the company’s stock, valued at approximately $140,000,947.80. The trade was a 5.66% 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. In the last ninety days, insiders sold 285,934 shares of company stock worth $130,353,006. Insiders own 0.50% of the company’s stock.

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $469.56 on Tuesday. The business’s 50 day moving average price is $513.75 and its 200-day moving average price is $361.67. Advanced Micro Devices, Inc. has a fifty-two week low of $149.22 and a fifty-two week high of $584.73. The company has a market cap of $766.54 billion, a P/E ratio of 120.71 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. The company had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.Advanced Micro Devices’s revenue was up 50.1% on a year-over-year basis. During the same period last year, the company earned $0.48 earnings per share. Sell-side analysts predict that Advanced Micro Devices, Inc. will post 6.38 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on AMD. Loop Capital upgraded shares of Advanced Micro Devices to a “strong-buy” rating in a research report on Tuesday, June 16th. UBS Group restated an “overweight” rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. HSBC cut Advanced Micro Devices from a “buy” rating to a “hold” rating and increased their target price for the stock from $335.00 to $340.00 in a research report on Monday, May 4th. Rosenblatt Securities upped their price target on Advanced Micro Devices from $665.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Jefferies Financial Group set a $650.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. 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 given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $546.87.

Trending Headlines about 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

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.