St. Louis Financial Planners Asset Management LLC lowered its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 17.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,101 shares of the semiconductor manufacturer’s stock after selling 2,355 shares during the quarter. Advanced Micro Devices makes up approximately 3.3% of St. Louis Financial Planners Asset Management LLC’s holdings, making the stock its 5th biggest holding. St. Louis Financial Planners Asset Management LLC’s holdings in Advanced Micro Devices were worth $6,449,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Joseph Group Capital Management bought a new stake in Advanced Micro Devices during the fourth quarter worth about $25,000. Cornerstone Financial Management LLC bought a new position in shares of Advanced Micro Devices in the fourth quarter valued at approximately $27,000. Sarver Vrooman Wealth Advisors acquired a new position in shares of Advanced Micro Devices in the 4th quarter worth approximately $27,000. Basepoint Wealth LLC acquired a new position in shares of Advanced Micro Devices in the 4th quarter worth approximately $30,000. Finally, Graney & King LLC bought a new stake in Advanced Micro Devices during the 1st quarter worth approximately $31,000. 71.34% of the stock is owned by institutional investors.
Advanced Micro Devices Price Performance
Advanced Micro Devices stock opened at $489.28 on Friday. The business’s 50-day simple moving average is $515.22 and its 200 day simple moving average is $358.23. The company has a quick ratio of 1.96, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The stock has a market cap of $797.82 billion, a price-to-earnings ratio of 125.78 and a beta of 2.48. Advanced Micro Devices, Inc. has a 12-month low of $149.22 and a 12-month high of $584.73.
Insider Buying and Selling at Advanced Micro Devices
In other news, EVP Mark D. Papermaster sold 6,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $536.33, for a total value of $3,217,980.00. Following the transaction, the executive vice president directly owned 1,233,687 shares in the company, valued at $661,663,348.71. This trade represents a 0.48% decrease in their position. The transaction 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, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction on 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 sale, the chief executive officer directly owned 2,896,899 shares of the company’s stock, valued at approximately $1,334,572,400.31. This trade represents a 4.14% decrease in their ownership of the stock. 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 285,934 shares of company stock valued at $130,353,006 in the last three months. Insiders own 0.50% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on AMD. Melius Research set a $660.00 price objective on Advanced Micro Devices in a research report on Friday, July 24th. Sanford C. Bernstein restated an “outperform” rating and set a $650.00 target price on shares of Advanced Micro Devices in a report on Wednesday. Weiss Ratings restated a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday. Barclays downgraded shares of Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research report on Friday, June 12th. Finally, Benchmark increased their price objective on shares of Advanced Micro Devices from $485.00 to $685.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $542.53.
Check Out Our Latest Stock Analysis on Advanced Micro Devices
Key Headlines Impacting Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AMD agreed to acquire Taalas, a developer of specialized AI inference chips, for an undisclosed amount. Taalas’ technology is designed to reduce computing and memory bottlenecks and could improve inference speed and efficiency when combined with AMD Instinct GPUs. The deal strengthens AMD’s strategy as AI demand shifts from model training toward high-volume, real-time inference. AMD deepens AI inference bet with Taalas deal
- Positive Sentiment: Analysts continued raising their valuation targets after AMD’s strong second-quarter performance. Rosenblatt lifted its target to $700 and maintained a Buy rating, adding to bullish targets from firms including Jefferies, Truist, Cantor Fitzgerald and Wedbush. AMD analyst price target update
- Positive Sentiment: AMD reported quarterly revenue of $11.54 billion, up 50% year over year, while data-center revenue more than doubled to approximately $6.7 billion. Management also expects data-center revenue to more than double in 2027, supported by Helios and expanding AI infrastructure demand.
- Neutral Sentiment: The broader AI semiconductor trade remains supportive, but Nvidia’s software and engineering-tool expansion highlights the competitive challenge AMD faces in building a complete AI ecosystem. Nvidia bets on design tools while AMD scales hardware
- Negative Sentiment: Risks remain from AMD’s demanding valuation, muted margin expectations and Nvidia’s dominant market position. SpaceX’s decision to use Nvidia chips exclusively has also reinforced concerns about AMD’s ability to win major AI customers.
Advanced Micro Devices 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.
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