Advanced Micro Devices, Inc. $AMD Shares Sold by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 47.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,041 shares of the semiconductor manufacturer’s stock after selling 2,728 shares during the period. Magnolia Capital Advisors LLC’s holdings in Advanced Micro Devices were worth $1,767,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Luminist Capital LLC bought a new stake in shares of Advanced Micro Devices during the 2nd quarter worth about $46,000. BOK Financial Private Wealth Inc. bought a new position in shares of Advanced Micro Devices during the 2nd quarter worth about $53,000. Toews Corp ADV bought a new stake in shares of Advanced Micro Devices in the 2nd quarter valued at approximately $66,000. Cornerstone Financial Management LLC acquired a new position in Advanced Micro Devices during the fourth quarter worth $27,000. Finally, Sarver Vrooman Wealth Advisors acquired a new position in Advanced Micro Devices in the fourth quarter valued at about $27,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Rosenblatt Securities boosted their target price on shares of Advanced Micro Devices from $665.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. DA Davidson boosted their target price on Advanced Micro Devices from $425.00 to $550.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Jefferies Financial Group set a $650.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Royal Bank Of Canada restated a “sector perform” rating and set a $540.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Finally, Melius Research set a $660.00 price target on Advanced Micro Devices in a report on Friday, July 24th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average price target of $553.72.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $465.58 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. Advanced Micro Devices, Inc. has a 52 week low of $149.22 and a 52 week high of $584.73. The firm’s 50-day simple moving average is $505.66 and its 200 day simple moving average is $384.43. The firm has a market cap of $760.05 billion, a price-to-earnings ratio of 119.69 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.04. The business 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%. The firm’s revenue for the quarter was up 50.1% on a year-over-year basis. During the same quarter last year, the business posted $0.48 EPS. As a group, sell-side analysts predict that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AI demand and product roadmap remain strong: AMD’s previously announced rack-scale platforms and server products are moving closer to deployment, supporting expectations for continued data-center growth. Recent results showed revenue up 50% year over year to $11.54 billion, while management guided to roughly $13 billion in third-quarter revenue. AMD stock ran its published roadmap
• Positive Sentiment: Strategic Nutanix partnership broadens AMD’s AI offering: AMD’s equity investment and joint development agreement with Nutanix could help deliver integrated, open AI inference systems that compete with Nvidia’s software-centric platform. AMD and Nutanix strategic partnership
• Neutral Sentiment: Analyst comparisons favor rivals on risk-reward: Commentary argues Broadcom offers better diversification and a lower valuation, while Nvidia’s stronger profitability, CUDA ecosystem and recent outperformance give it an advantage over AMD. These comparisons may limit enthusiasm despite AMD’s growth prospects. Broadcom versus AMD risk-reward comparison
• Negative Sentiment: Potential tariffs increase cost and supply-chain risk: Reports that the administration may extend semiconductor tariffs to products containing chips, including data-center servers, have raised concerns about higher costs and disrupted hardware supply chains. Why AMD stock is sliding
• Negative Sentiment: Profit-taking and selling activity weigh on sentiment: ARK Invest sold approximately $18 million of AMD shares while reallocating capital to Broadcom and Cerebras. AMD EVP Jean Hu also sold $7.1 million of stock under a pre-arranged Rule 10b5-1 plan, although she retained a substantial position. Cathie Wood sold AMD stock

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 15,000 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $480.94, for a total value of $7,214,100.00. Following the completion of the sale, the chief executive officer directly 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. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 2,993 shares of the business’s stock in a transaction that occurred on 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 approximately $13,010,393.87. This represents a 10.11% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 241,203 shares of company stock valued at $114,011,942. Corporate insiders own 0.50% of the company’s stock.

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.