Trilogy Capital Inc. Reduces Stock Holdings in Advanced Micro Devices, Inc. $AMD

Trilogy Capital Inc. lowered its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 57.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 11,075 shares of the semiconductor manufacturer’s stock after selling 14,701 shares during the quarter. Trilogy Capital Inc.’s holdings in Advanced Micro Devices were worth $6,434,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake 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 purchasing an additional 2,525,109 shares in the last quarter. State Street Corp raised its stake in 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 buying an additional 1,094,835 shares in the last quarter. 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 worth $8,015,897,000 after buying an additional 287,525 shares in the last quarter. Norges Bank purchased a new stake in Advanced Micro Devices in the fourth quarter worth about $4,929,312,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Advanced Micro Devices by 0.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer’s stock worth $4,352,864,000 after buying an additional 55,969 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Analysts expect strong second-quarter growth, supported by robust demand for EPYC server CPUs, Instinct AI accelerators and cloud infrastructure. Data-center revenue is expected to be the central catalyst, with some estimates calling for revenue above $6 billion and total company revenue near $11.2 billion. Can Strong Data Center Revenues Boost AMD’s Top Line in Q2 Earnings?
• Positive Sentiment: AMD’s Helios rack-scale AI platform is being positioned as a broader challenge to Nvidia’s integrated AI systems, potentially expanding AMD’s opportunity beyond individual GPUs. Bernstein also raised its AI-server forecast ahead of the results. AMD’s Helios Is Coming for Nvidia’s Rack, Not Just Its GPU
• Positive Sentiment: A partnership with Core Scientific involving more than 500 megawatts of planned U.S. capacity beginning in 2027 highlights potential long-term demand for AMD-powered AI data-center infrastructure, although the agreement is not expected to materially affect near-term results. Core Scientific partnership with AMD
• Neutral Sentiment: Options markets imply an unusually large post-earnings move of roughly 8.5% to 9%, reflecting elevated uncertainty. Investors may focus more on forward guidance, AI-server demand and the pace of the Helios ramp than on whether AMD simply beats quarterly estimates. AMD options price a 9% earnings move
• Negative Sentiment: AMD’s valuation has become demanding after the stock more than doubled during the year. Analysts warn that a routine earnings beat may not be sufficient, leaving the shares vulnerable if data-center growth or guidance falls short of exceptionally high expectations. AMD earnings preview
• Negative Sentiment: Semiconductor stocks have recently suffered a sharp sector-wide reversal amid concerns about AI-spending profitability, increasing the risk that AMD could decline even on solid results. Cathie Wood’s Ark Invest also reported selling $68.1 million of AMD shares in July, including an $11.8 million sale in one day. Cathie Wood’s Ark Invest sold AMD stock

Analysts Set New Price Targets

A number of research analysts have weighed in on AMD shares. William Blair reiterated a “market perform” rating on shares of Advanced Micro Devices in a report on Friday, July 24th. Stifel Nicolaus raised their target price on Advanced Micro Devices from $450.00 to $635.00 and gave the company a “buy” rating in a research note on Friday, July 10th. UBS Group restated an “overweight” rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Zacks Research cut Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 3rd. Finally, Barclays downgraded Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a report on Friday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $529.46.

Insiders Place Their Bets

In other news, Director Nora Denzel sold 8,626 shares of Advanced Micro Devices stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total value of $4,502,772.00. Following the completion of the transaction, the director owned 87,173 shares of the company’s stock, valued at $45,504,306. The trade was a 9.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total transaction of $57,586,250.00. Following the completion of the transaction, the chief executive officer owned 2,896,899 shares in the company, valued at approximately $1,334,572,400.31. The trade was a 4.14% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 310,310 shares of company stock valued at $141,185,456. Company insiders own 0.50% of the company’s stock.

Advanced Micro Devices Price Performance

AMD stock opened at $484.64 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. The firm has a 50 day moving average price of $515.77 and a 200-day moving average price of $352.55. Advanced Micro Devices, Inc. has a 52-week low of $149.22 and a 52-week high of $584.73. The firm has a market capitalization of $790.25 billion, a price-to-earnings ratio of 158.90 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The company had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $9.90 billion. During the same quarter in the prior year, the business posted $0.96 EPS. The firm’s quarterly revenue was up 37.8% compared to the same quarter last year. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 6.27 EPS for the current fiscal year.

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.