Advanced Micro Devices, Inc. $AMD Shares Sold by Cypress Asset Management Inc. TX

Cypress Asset Management Inc. TX reduced its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,723 shares of the semiconductor manufacturer’s stock after selling 2,134 shares during the quarter. Advanced Micro Devices makes up about 3.6% of Cypress Asset Management Inc. TX’s portfolio, making the stock its 8th biggest holding. Cypress Asset Management Inc. TX’s holdings in Advanced Micro Devices were worth $17,572,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. BlackRock Inc. boosted its position in Advanced Micro Devices by 3.1% during the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock worth $87,311,650,000 after purchasing an additional 4,535,126 shares during the period. State Street Corp raised its position in shares of Advanced Micro Devices by 2.9% in the second quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock valued at $46,606,266,000 after purchasing an additional 2,149,563 shares during the period. Invesco Ltd. raised its position in shares of Advanced Micro Devices by 15.9% in the fourth quarter. Invesco Ltd. now owns 15,473,280 shares of the semiconductor manufacturer’s stock valued at $3,313,758,000 after purchasing an additional 2,124,867 shares during the period. Bank of America Corp DE acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter worth about $7,022,226,000. Finally, Jennison Associates LLC lifted its stake in shares of Advanced Micro Devices by 5.8% during the 2nd quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer’s stock worth $5,793,388,000 after buying an additional 545,575 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Forrest Norrod sold 17,261 shares of the stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $503.05, for a total value of $8,683,146.05. Following the completion of the transaction, the executive vice president owned 363,317 shares of the company’s stock, valued at $182,766,616.85. This represents a 4.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the completion of the sale, the executive vice president owned 160,979 shares in the company, valued at $76,316,924.32. This represents a 8.52% 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. Insiders sold a total of 213,838 shares of company stock worth $105,533,836 in the last quarter. Corporate insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on AMD shares. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $540.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Loop Capital upgraded shares of Advanced Micro Devices to a “strong-buy” rating in a research report on Tuesday, June 16th. The Goldman Sachs Group boosted their price objective on Advanced Micro Devices from $450.00 to $640.00 and gave the stock a “buy” rating in a report on Monday, July 6th. Citigroup upped their target price on Advanced Micro Devices from $575.00 to $800.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Raymond James Financial upgraded Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and increased their target price for the stock from $565.00 to $641.00 in a research note on Tuesday, August 25th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $585.26.

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $620.68 on Friday. The firm has a 50-day moving average price of $526.31 and a two-hundred day moving average price of $458.39. Advanced Micro Devices, Inc. has a 12-month low of $188.22 and a 12-month high of $658.52. The company has a market capitalization of $1.01 trillion, a P/E ratio of 159.56, a P/E/G ratio of 6.69 and a beta of 2.45. 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 announced its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $11.31 billion. During the same period in the prior year, the company posted $0.48 earnings per share. The business’s revenue for the quarter was up 50.1% on a year-over-year basis. Analysts anticipate that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current year.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: CEO Lisa Su reportedly met with Samsung Electronics and SK Hynix executives to explore foundry, memory and supply-chain partnerships. Additional access to advanced manufacturing and high-bandwidth memory could help AMD meet demand for its AI accelerators. How to Play AMD Stock as It Continues to Explore a Foundry Partnership With a Korean Tech Giant
• Positive Sentiment: TSMC reported third-quarter revenue of approximately $46.7 billion, up 50% year over year, reinforcing that demand for AI processors from customers including AMD remains robust. Broader data-center expansion forecasts and AMD-powered server launches also support the company’s long-term growth opportunity. Nvidia, AMD, Intel stocks despite record AI demand
• Positive Sentiment: Citi raised its AMD price target by 39%, while other analysts have highlighted opportunities in AI accelerators, CPUs, inference chips and rack-scale systems. These bullish views suggest potential upside if AMD converts large AI commitments into repeat deployments and stronger cash flow. Citi’s Price Target Boost Lifts AMD Shares
• Neutral Sentiment: AMD scheduled its third-quarter earnings release for November 3, giving investors a near-term catalyst. The market will focus on AI data-center revenue, supply availability, margins and forward guidance.
• Negative Sentiment: AMD’s elevated valuation—reported at roughly 160 times earnings—has made the stock vulnerable to rising Treasury yields and oil prices. Intel, Nvidia and other semiconductor shares also fell, indicating a broad sector selloff rather than an AMD-specific announcement. Why are Intel and AMD stocks plunging?
• Negative Sentiment: ARK Invest sold approximately $14 million of AMD shares, adding to concerns about profit-taking after the stock’s substantial rally. Reports also note consistent recent insider selling, although such transactions may reflect planned diversification rather than a change in business outlook. Cathie Wood sold $18.7M of SpaceX and AMD

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded devices and other specialized markets.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics products, and Instinct accelerators designed for artificial intelligence and high-performance computing workloads.