Advanced Micro Devices (NASDAQ:AMD) EVP Mark Papermaster Sells 7,369 Shares of Stock

Advanced Micro Devices, Inc. (NASDAQ:AMDGet Free Report) EVP Mark Papermaster sold 7,369 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $487.34, for a total transaction of $3,591,208.46. Following the transaction, the executive vice president owned 1,241,347 shares in the company, valued at $604,958,046.98. This trade represents a 0.59% decrease in their position. The transaction 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $484.39 on Wednesday. The firm has a 50-day moving average price of $512.26 and a 200-day moving average price of $371.71. The firm has a market capitalization of $790.75 billion, a PE ratio of 124.52 and a beta of 2.48. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 12-month low of $149.22 and a 12-month high of $584.73.

Advanced Micro Devices (NASDAQ:AMDGet Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. The firm had revenue of $11.54 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the previous year, the company earned $0.48 EPS. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 6.44 EPS for the current year.

Institutional Investors Weigh In On Advanced Micro Devices

Several large investors have recently modified their holdings of AMD. Luminist Capital LLC bought a new position in shares of Advanced Micro Devices during the second quarter valued at approximately $46,000. BOK Financial Private Wealth Inc. purchased a new stake in Advanced Micro Devices during the second quarter worth $53,000. Toews Corp ADV purchased a new stake in Advanced Micro Devices during the second quarter worth $66,000. Joseph Group Capital Management bought a new stake in Advanced Micro Devices during the 4th quarter valued at $25,000. Finally, Cornerstone Financial Management LLC purchased a new position in shares of Advanced Micro Devices in the 4th quarter valued at $27,000. Institutional investors own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Wells Fargo & Company upped their target price on Advanced Micro Devices from $615.00 to $700.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Raymond James Financial began coverage on Advanced Micro Devices in a report on Wednesday, May 6th. They set a “market perform” rating for the company. Wall Street Zen downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Saturday. Rosenblatt Securities increased their target price on Advanced Micro Devices from $665.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, William Blair reiterated a “market perform” rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $546.87.

View Our Latest Analysis on AMD

Key Advanced Micro Devices News

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

  • Positive Sentiment: CEO Lisa Su reportedly expects AMD’s server revenue to grow by more than 80% during the current half, excluding the company’s AI accelerator business. The outlook reinforces the strength of AMD’s broader data-center franchise. Lisa Su Says AMD’s Server Revenue Will Grow More Than 80%
  • Positive Sentiment: AMD unveiled Instinct Coder for private enterprise AI, while a reported acquisition of a Canadian startup could support specialized, model-focused AI inference. These developments expand AMD’s enterprise AI offering, although their financial impact remains unproven. AMD Unveils Instinct Coder
  • Positive Sentiment: AMD’s recently announced $4.75 billion debt offering provides capital for AI and data-center expansion. The financing may accelerate growth, though it also increases interest and execution risks. AMD Rises on $4.75 Billion Debt Offering
  • Neutral Sentiment: AMD’s first 13F disclosed a $1.31 billion equity portfolio concentrated in six holdings, including a large SpaceX stake. The filing highlights potentially valuable strategic investments but does not directly change AMD’s chip-business earnings outlook. AMD’s $1.3 Billion Portfolio
  • Negative Sentiment: Valuation remains a major concern: commentary says AMD trades at a substantially higher premium than NVIDIA, leaving the stock vulnerable to profit-taking if growth expectations cool. AMD vs. Nvidia Valuation
  • Negative Sentiment: Executives Mark Papermaster and Paul Grasby sold shares under pre-arranged plans to cover tax withholding on vested equity awards. The transactions were not discretionary bearish bets, but insider selling can still weigh on sentiment. AMD Insider Sale Filing
  • Negative Sentiment: Ark Invest sold approximately $13.1 million of AMD while buying NVIDIA, adding near-term selling pressure and reinforcing concerns about competition and relative valuation. Ark Invest Sells AMD

Advanced Micro Devices Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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