2,328 Shares in Advanced Micro Devices, Inc. $AMD Bought by Talon Private Wealth LLC

Talon Private Wealth LLC purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the second quarter, Holdings Channel reports. The institutional investor purchased 2,328 shares of the semiconductor manufacturer’s stock, valued at approximately $1,352,000.

A number of other institutional investors and hedge funds have also made changes to their positions in AMD. California State Teachers Retirement System increased its holdings in Advanced Micro Devices by 58,272.0% in the second quarter. California State Teachers Retirement System now owns 1,436,775,740 shares of the semiconductor manufacturer’s stock valued at $834,637,395,000 after buying an additional 1,434,314,328 shares during the last quarter. BlackRock Inc. raised its position in shares of Advanced Micro Devices by 3.1% during the 2nd quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock worth $87,311,650,000 after acquiring an additional 4,535,126 shares in the last quarter. State Street Corp lifted its stake in Advanced Micro Devices by 1.5% during the fourth quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer’s stock worth $16,044,712,000 after purchasing an additional 1,094,835 shares during the last quarter. Geode Capital Management LLC boosted its holdings 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 valued at $8,015,897,000 after purchasing an additional 287,525 shares in the last quarter. Finally, Norges Bank purchased a new position in Advanced Micro Devices in the fourth quarter valued at approximately $4,929,312,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock traded up $12.53 during trading hours on Friday, hitting $516.13. 18,997,728 shares of the company were exchanged, compared to its average volume of 33,696,973. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average of $495.78 and a 200-day moving average of $403.04. Advanced Micro Devices, Inc. has a 1 year low of $149.85 and a 1 year high of $584.73. The stock has a market capitalization of $842.57 billion, a price-to-earnings ratio of 132.68, a P/E/G ratio of 5.40 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD) last posted 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 for the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. Advanced Micro Devices’s quarterly revenue was up 50.1% on a year-over-year basis. During the same period last year, the firm posted $0.48 EPS. As a group, analysts expect that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: At the Goldman Sachs Communacopia + Technology Conference, AMD highlighted its AI and data-center opportunity, including the Helios platform and a market that management estimates could reach $2 trillion. The presentation reinforced expectations for continued accelerator, CPU, and infrastructure growth. AMD Goldman Sachs Conference Transcript
• Positive Sentiment: Piper Sandler upgraded AMD to “strong buy,” while CLSA raised the stock to “moderate buy.” Other bullish commentary points to server CPU share gains, agentic-AI adoption, and potential upside from the MI450 launch, with some analysts citing price targets near $600. Piper Sandler AMD Rating
• Positive Sentiment: TSMC reported August revenue growth of 53.3% year over year and 10.1% sequentially, signaling that hyperscaler and enterprise demand for advanced AI chips remains strong. This supports AMD’s data-center growth outlook, despite potential manufacturing and packaging-cost pressures. TSMC August Revenue
• Positive Sentiment: Reported institutional options activity included purchases of AMD positions, adding to favorable trading momentum, though options flows are speculative and do not necessarily indicate long-term fundamentals. AMD Options Flow
• Neutral Sentiment: Analysts continue comparing AMD favorably with Qualcomm, Marvell, and Nvidia because of its CPU and GPU exposure, but these comparisons underscore that AMD must execute successfully against stronger AI incumbents.
• Negative Sentiment: One Seeking Alpha analysis downgraded AMD, arguing that the long-term bull case remains intact but that much of the easier upside is already reflected in the share price. AMD’s high earnings multiple leaves the stock vulnerable to execution, margin, or demand disappointments. AMD Rating Downgrade
• Negative Sentiment: Broadcom’s growing custom-AI-chip business remains a competitive threat, particularly as hyperscalers develop alternatives to merchant GPUs. TSMC’s strong results also highlighted rising costs for fabrication, memory, and advanced packaging that could pressure AMD’s margins.

Insider Buying and Selling

In other news, SVP Ava Hahn sold 2,993 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total value of $1,462,649.17. Following the sale, the senior vice president owned 26,623 shares of the company’s stock, valued at $13,010,393.87. The trade was a 10.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 15,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $480.94, for a total transaction of $7,214,100.00. Following the transaction, the chief executive officer owned 3,102,156 shares in the company, valued at approximately $1,491,950,906.64. This trade represents a 0.48% decrease in their ownership of the stock. 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 three months, insiders have sold 107,577 shares of company stock worth $51,922,920. 0.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

AMD has been the topic of several research analyst reports. Sanford C. Bernstein reiterated an “outperform” rating and set a $650.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Zacks Research downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. CLSA reaffirmed an “outperform” rating and set a $710.00 price objective on shares of Advanced Micro Devices in a report on Wednesday. Piper Sandler assumed coverage on Advanced Micro Devices in a report on Wednesday. They issued an “overweight” rating and a $600.00 target price for the company. Finally, Evercore restated an “outperform” rating and set a $579.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, May 19th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $565.12.

About Advanced Micro Devices

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive-processing products. Its portfolio includes central processing units (CPUs), graphics processing units (GPUs), accelerated processing units (APUs), field-programmable gate arrays (FPGAs) and adaptive system-on-chip products.

AMD serves customers across data centers, cloud computing, personal computers, gaming consoles, embedded systems and industrial applications.