Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report) CEO Lisa Su sold 15,000 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $480.94, for a total transaction of $7,214,100.00. Following the transaction, the chief executive officer directly owned 3,102,156 shares of the company’s stock, valued at approximately $1,491,950,906.64. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Advanced Micro Devices Trading Up 0.6%
Shares of Advanced Micro Devices stock traded up $3.03 during trading on Thursday, reaching $469.45. 15,114,657 shares of the stock were exchanged, compared to its average volume of 35,261,668. 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 firm has a market cap of $766.36 billion, a price-to-earnings ratio of 120.68 and a beta of 2.48. Advanced Micro Devices, Inc. has a 1 year low of $149.22 and a 1 year high of $584.73. The stock’s fifty day moving average is $512.54 and its 200 day moving average is $373.22.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $11.31 billion. During the same quarter in the prior year, the company posted $0.48 EPS. Advanced Micro Devices’s quarterly revenue was up 50.1% compared to the same quarter last year. As a group, equities research analysts expect that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Advanced Micro Devices
More Advanced Micro Devices News
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
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the stock. Seaport Research Partners upgraded shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 price target on the stock in a report on Wednesday, May 6th. Mizuho raised their target price on shares of Advanced Micro Devices from $615.00 to $625.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Morgan Stanley lifted their target price on shares of Advanced Micro Devices from $410.00 to $465.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $540.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Finally, Benchmark increased their price target on shares of Advanced Micro Devices from $485.00 to $685.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Three 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. Based on data from MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $546.87.
View Our Latest Stock Analysis on Advanced Micro Devices
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.
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