Greenland Capital Management LP Decreases Position in Advanced Micro Devices, Inc. $AMD

Greenland Capital Management LP cut its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 85.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 993 shares of the semiconductor manufacturer’s stock after selling 5,671 shares during the period. Greenland Capital Management LP’s holdings in Advanced Micro Devices were worth $577,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of AMD. First National Bank of Hutchinson boosted its position in Advanced Micro Devices by 0.4% during the 2nd quarter. First National Bank of Hutchinson now owns 5,639 shares of the semiconductor manufacturer’s stock valued at $3,276,000 after acquiring an additional 22 shares in the last quarter. Delta Asset Management LLC TN raised its position in shares of Advanced Micro Devices by 1.5% in the 2nd quarter. Delta Asset Management LLC TN now owns 1,497 shares of the semiconductor manufacturer’s stock worth $870,000 after acquiring an additional 22 shares in the last quarter. Park Place Capital Corp raised its position in shares of Advanced Micro Devices by 19.5% in the 2nd quarter. Park Place Capital Corp now owns 141 shares of the semiconductor manufacturer’s stock worth $82,000 after acquiring an additional 23 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Advanced Micro Devices by 12.8% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 212 shares of the semiconductor manufacturer’s stock valued at $43,000 after purchasing an additional 24 shares during the period. Finally, Round Rock Advisors LLC lifted its stake in shares of Advanced Micro Devices by 2.3% in the 2nd quarter. Round Rock Advisors LLC now owns 1,048 shares of the semiconductor manufacturer’s stock valued at $609,000 after purchasing an additional 24 shares during the period. 71.34% of the stock is owned by institutional investors.

Insider Transactions at Advanced Micro Devices

In other news, EVP Forrest Norrod sold 17,261 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $459.95, for a total value of $7,939,196.95. Following the transaction, the executive vice president owned 373,317 shares in the company, valued at approximately $171,707,154.15. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa 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 transaction of $57,586,250.00. Following the sale, the chief executive officer directly owned 2,896,899 shares of the company’s stock, valued at $1,334,572,400.31. This trade represents a 4.14% 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 quarter, insiders have sold 232,577 shares of company stock valued at $109,509,170. 0.50% of the stock is currently owned by insiders.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD shares gained after the company unveiled a more than $100,000 AI workstation planned for 2027. The product reinforces AMD’s push beyond data-center chips and could expand its exposure to high-end AI systems. AMD Stock Jumps After Unveiling $100,000-Plus AI Workstation for 2027
• Positive Sentiment: One forecast sees AMD’s data-center business exceeding 70% of company revenue in 2027, based on its recent growth outpacing all other segments. If sustained, that mix shift would make AMD more leveraged to the fast-growing AI infrastructure market. Prediction: Data Center Passes 70% of AMD’s Revenue in 2027
• Positive Sentiment: Several analysts and commentators argue that AMD’s strong AI performance and upcoming product ramps are not fully reflected in the valuation, with one bullish thesis suggesting substantial long-term appreciation. AMD’s latest reported quarter also showed 50.1% year-over-year revenue growth and an earnings beat.
• Neutral Sentiment: AMD and NVIDIA are pursuing different strategies for capturing AI spending. Commentary suggests AMD may benefit from the next phase of AI buildouts if customers seek more supplier diversity and alternative architectures, but the outcome remains uncertain. AMD Is Behind the AI Chip Shift Nobody Is Talking About
• Negative Sentiment: Valuation is a major concern. AMD has risen more than 200% over the past year and trades at roughly 123 times earnings, making the stock vulnerable to profit-taking or disappointment even if AI demand remains strong. AMD Is Now More Expensive Than Nvidia And Broadcom
• Negative Sentiment: Broadcom is identified as a significant competitive threat because it is building deep relationships with hyperscale customers and could capture part of the same AI infrastructure market AMD is targeting. The risk is that AMD’s growth ceiling may be lower than current expectations. AMD’s Whole AI Story Has One Threat It Cannot Ignore: Broadcom
• Negative Sentiment: Other analysis acknowledges that AI demand is real but highlights execution, competition, cyclical semiconductor conditions, and the possibility that expectations have become too aggressive. Seasonal September weakness across major indexes could also add pressure to high-beta semiconductor stocks.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on AMD shares. Raymond James Financial raised Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and upped their price target for the stock from $565.00 to $641.00 in a research note on Tuesday, August 25th. Wells Fargo & Company boosted their target price on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Robert W. Baird set a $1,250.00 target price on shares of Advanced Micro Devices in a research report on Friday, July 24th. BMO Capital Markets began coverage on shares of Advanced Micro Devices in a research note on Thursday, August 20th. They issued an “outperform” rating and a $550.00 price target for the company. Finally, Stifel Nicolaus lifted their price target on shares of Advanced Micro Devices from $450.00 to $635.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average target price of $553.72.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $477.57 on Tuesday. Advanced Micro Devices, Inc. has a 1-year low of $149.22 and a 1-year high of $584.73. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The business has a fifty day moving average price of $497.96 and a 200-day moving average price of $396.52. The company has a market capitalization of $779.62 billion, a PE ratio of 122.77, a PEG ratio of 4.95 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, topping analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. During the same quarter in the previous year, the business posted $0.48 EPS. Advanced Micro Devices’s revenue was up 50.1% compared to the same quarter last year. As a group, equities analysts expect that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

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.