Odyssean LLC Buys New Shares in Advanced Micro Devices, Inc. $AMD

Odyssean LLC purchased a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,775 shares of the semiconductor manufacturer’s stock, valued at approximately $1,612,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of AMD. Joseph Group Capital Management bought a new stake in Advanced Micro Devices during the 4th quarter worth approximately $25,000. Sarver Vrooman Wealth Advisors bought a new position in shares of Advanced Micro Devices in the fourth quarter worth approximately $27,000. Cornerstone Financial Management LLC bought a new position in shares of Advanced Micro Devices in the fourth quarter worth approximately $27,000. Basepoint Wealth LLC purchased a new stake in shares of Advanced Micro Devices in the fourth quarter worth $30,000. Finally, Graney & King LLC purchased a new stake in shares of Advanced Micro Devices in the first quarter worth $31,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AMD. Raymond James Financial upgraded shares of Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and lifted their target price for the company from $565.00 to $641.00 in a research note on Tuesday. BTIG Research upgraded Advanced Micro Devices to a “buy” rating in a research note on Wednesday, May 6th. Cantor Fitzgerald reissued an “overweight” rating and set a $700.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Stifel Nicolaus boosted their price objective on Advanced Micro Devices from $450.00 to $635.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $553.72.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Raymond James upgraded AMD to “Strong Buy,” citing improving AI accelerator prospects and potential for the stock to outperform. Other reports highlighted bullish price targets, including BMO Capital’s $550 target and expectations that AMD could continue narrowing NVIDIA’s competitive advantage. AMD Stock Gets Strong Buy Upgrade From Raymond James
• Positive Sentiment: AMD announced UCIe connectivity for its Versal adaptive SoCs, strengthening the company’s positioning in advanced chiplet and data-center designs. Investors viewed the update as supportive of AMD’s long-term AI and infrastructure strategy. AMD Stock Rallies on UCIe Chip Update
• Positive Sentiment: Reports emphasized large GPU commitments from customers including OpenAI and Meta, supporting the view that AMD is becoming a credible alternative to NVIDIA in AI infrastructure. Analysts also see continued strength in CPU demand as data centers become more compute-intensive. AMD Is Winning Nvidia Customers
• Neutral Sentiment: NVIDIA’s earnings on August 26 are a near-term catalyst for AMD and the entire semiconductor sector. Strong AI demand and guidance could lift AMD, while any signs of slowing accelerator spending could pressure the shares. NVIDIA Earnings Could Move AI Stocks
• Negative Sentiment: Some analysts remain cautious, arguing that AMD’s elevated valuation leaves less room for execution disappointments. Repeated insider selling—particularly by CEO Lisa Su and other executives—also raises concerns about profit-taking after the stock’s substantial year-to-date advance. AMD More Downside Risks
• Negative Sentiment: AMD’s planned investment of more than $10 billion in Taiwan advanced packaging and its recent $4.75 billion debt offering increase capacity for AI growth but could weigh on near-term cash flow, leverage, and margins. AMD Debt Raise and Taiwan AI Push

Advanced Micro Devices Stock Up 4.9%

Shares of AMD stock opened at $479.18 on Wednesday. The company’s fifty day simple moving average is $509.02 and its two-hundred day simple moving average is $379.94. Advanced Micro Devices, Inc. has a 52 week low of $149.22 and a 52 week high of $584.73. The stock has a market cap of $782.25 billion, a P/E ratio of 123.18 and a beta of 2.48. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. The firm had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The business’s quarterly revenue was up 50.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.48 earnings per share. Analysts predict that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the sale, the executive vice president directly owned 117,687 shares of the company’s stock, valued at $60,598,213.17. This represents a 11.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Nora Denzel sold 8,626 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00. Following the transaction, the director owned 87,173 shares of the company’s stock, valued at $45,504,306. This represents a 9.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 210,763 shares of company stock worth $99,912,107 over the last three months. 0.50% of the stock is owned by company insiders.

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.