Advanced Micro Devices (NASDAQ:AMD) CEO Lisa Su Sells 125,000 Shares of Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa Su sold 125,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total value of $57,586,250.00. Following the completion of the transaction, the chief executive officer directly owned 2,896,899 shares of the company’s stock, valued at $1,334,572,400.31. This trade represents a 4.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $511.57 on Friday. The stock has a 50 day moving average price of $386.41 and a 200 day moving average price of $274.18. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $834.17 billion, a price-to-earnings ratio of 167.73, a price-to-earnings-growth ratio of 1.44 and a beta of 2.50. Advanced Micro Devices, Inc. has a 52-week low of $115.06 and a 52-week high of $546.44.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The firm had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The firm’s quarterly revenue was up 37.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.96 earnings per share. Research analysts predict that Advanced Micro Devices, Inc. will post 6.2 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on AMD shares. Stifel Nicolaus increased their price objective on Advanced Micro Devices from $320.00 to $450.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Zacks Research downgraded Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 3rd. Piper Sandler reissued an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Northland Securities reissued a “market perform” rating and issued a $260.00 price objective on shares of Advanced Micro Devices in a report on Monday, April 27th. Finally, JPMorgan Chase & Co. increased their price objective on Advanced Micro Devices from $270.00 to $385.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $424.59.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Citi upgraded AMD and argued that the market is underpricing its AI GPU upside, boosting confidence in the stock’s AI-driven growth path.
• Positive Sentiment: Bank of America also raised its outlook on AMD, calling it a top CPU pick and pointing to a large agentic AI opportunity across servers and accelerators.
• Positive Sentiment: Multiple reports highlighted rising GPU market-share data and stronger investor focus on AMD’s expanding role in AI hardware, helping semiconductor stocks rally broadly.

Institutional Investors Weigh In On Advanced Micro Devices

Several hedge funds have recently modified their holdings of the stock. Militia Capital Management LLC acquired a new stake in shares of Advanced Micro Devices during the first quarter worth $2,848,000. E Wealth Partners LLC raised its position in Advanced Micro Devices by 1.6% in the first quarter. E Wealth Partners LLC now owns 2,591 shares of the semiconductor manufacturer’s stock worth $527,000 after acquiring an additional 40 shares in the last quarter. FAS Wealth Partners Inc. raised its position in Advanced Micro Devices by 10.2% in the first quarter. FAS Wealth Partners Inc. now owns 1,982 shares of the semiconductor manufacturer’s stock worth $403,000 after acquiring an additional 184 shares in the last quarter. Rathbones Group PLC raised its position in Advanced Micro Devices by 3.1% in the first quarter. Rathbones Group PLC now owns 20,955 shares of the semiconductor manufacturer’s stock worth $4,263,000 after acquiring an additional 634 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co raised its position in Advanced Micro Devices by 6.0% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 7,453 shares of the semiconductor manufacturer’s stock worth $1,516,000 after acquiring an additional 419 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

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.