Allworth Financial LP Decreases Position in Advanced Micro Devices, Inc. $AMD

Allworth Financial LP lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 25.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 95,614 shares of the semiconductor manufacturer’s stock after selling 31,866 shares during the quarter. Allworth Financial LP’s holdings in Advanced Micro Devices were worth $55,543,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its stake in Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after acquiring an additional 29,438 shares during the period. Revolve Wealth Partners LLC boosted its position in Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after purchasing an additional 234 shares during the period. Sivia Capital Partners LLC boosted its position in Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after purchasing an additional 2,970 shares during the period. United Bank increased its stake in shares of Advanced Micro Devices by 22.0% in the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock worth $1,881,000 after purchasing an additional 2,392 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its stake in shares of Advanced Micro Devices by 361.0% in the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock worth $1,310,000 after purchasing an additional 7,228 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices News Summary

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

• Positive Sentiment: AMD raised its estimate for the total addressable AI market to approximately $3 trillion by 2030, up from roughly $2 trillion previously. The larger market forecast strengthened the long-term growth narrative and helped support the shares. AMD stock jumps 6% as AI market opportunity seen at $3T
• Positive Sentiment: At Citi’s Global TMT Conference, management highlighted AMD’s data-center roadmap and its broader AI portfolio, including EPYC server processors, Instinct GPUs and Helios rack-scale systems. Investors view the platform approach as a potential driver of accelerating second-half 2026 demand. AMD Presents at Citi’s 2026 Global TMT Conference Transcript
• Positive Sentiment: Recent coverage emphasized AMD’s AI-optimized processors, a planned high-end workstation capable of running very large models locally, and its major GPU relationship with OpenAI. These developments reinforce expectations for share gains in AI hardware and data-center computing. AMD Stock Jumps After Unveiling AI Workstation
• Neutral Sentiment: Analyst and investor commentary remains broadly constructive, with several published price targets above the current market level. However, the stock’s strong year-to-date advance has increased sensitivity to execution and future guidance.
• Negative Sentiment: Some analysts argue AMD is already valued more aggressively than Nvidia and Broadcom, while Broadcom’s faster growth and lower valuation could make it the preferred AI hardware investment. This creates a risk of profit-taking if AMD’s AI ramp falls short of expectations. Forget AMD: This AI Hardware Stock Is the Smarter Bet Right Now
• Negative Sentiment: Quiver Quantitative data showed substantial insider selling and no reported insider purchases over the past six months. While such sales may be scheduled or compensation-related, they could temper bullish sentiment at an elevated valuation.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Wolfe Research set a $450.00 price target on shares of Advanced Micro Devices and gave the company an “outperform” rating in a research note on Monday, June 15th. Roth Capital lifted their price objective on shares of Advanced Micro Devices from $500.00 to $650.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Susquehanna boosted their target price on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the company a “positive” rating in a report on Thursday, July 30th. Royal Bank Of Canada restated a “sector perform” rating and set a $540.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Finally, UBS Group reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a report on Friday, July 24th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $553.72.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Forrest Norrod sold 17,261 shares of Advanced Micro Devices stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $459.95, for a total transaction of $7,939,196.95. Following the completion of the sale, the executive vice president owned 373,317 shares in the company, valued at approximately $171,707,154.15. This trade represents a 4.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total value of $57,586,250.00. Following the transaction, the chief executive officer directly owned 2,896,899 shares of the company’s stock, valued at $1,334,572,400.31. The trade was 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. Insiders sold 232,577 shares of company stock valued at $109,509,170 over the last 90 days. Insiders own 0.50% of the company’s stock.

Advanced Micro Devices Price Performance

NASDAQ:AMD traded up $28.17 during trading hours on Tuesday, hitting $505.74. The stock had a trading volume of 28,078,002 shares, compared to its average volume of 33,952,883. The company has a 50 day simple moving average of $497.96 and a two-hundred day simple moving average of $396.52. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. Advanced Micro Devices, Inc. has a one year low of $149.85 and a one year high of $584.73. The firm has a market capitalization of $825.61 billion, a price-to-earnings ratio of 130.01, a P/E/G ratio of 4.95 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. During the same quarter in the prior year, the firm posted $0.48 earnings per share. The business’s quarterly revenue was up 50.1% on a year-over-year basis. Research analysts forecast that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal year.

Advanced Micro Devices Company Profile

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.