WealthTrust Axiom LLC Lowers Holdings in Advanced Micro Devices, Inc. $AMD

WealthTrust Axiom LLC lowered its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 53.4% in the 4th quarter, Holdings Channel reports. The firm owned 5,297 shares of the semiconductor manufacturer’s stock after selling 6,080 shares during the period. WealthTrust Axiom LLC’s holdings in Advanced Micro Devices were worth $1,134,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Zinnia Wealth Advisory LLC bought a new stake in shares of Advanced Micro Devices in the fourth quarter worth $703,000. Vanguard Personalized Indexing Management LLC grew its holdings in Advanced Micro Devices by 8.7% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 226,714 shares of the semiconductor manufacturer’s stock valued at $48,553,000 after purchasing an additional 18,059 shares during the period. Whalerock Point Partners LLC grew its holdings in Advanced Micro Devices by 11.9% during the fourth quarter. Whalerock Point Partners LLC now owns 4,629 shares of the semiconductor manufacturer’s stock valued at $991,000 after purchasing an additional 493 shares during the period. Panagora Asset Management Inc. boosted its stake in shares of Advanced Micro Devices by 474.5% in the fourth quarter. Panagora Asset Management Inc. now owns 281,088 shares of the semiconductor manufacturer’s stock worth $60,198,000 after acquiring an additional 232,161 shares during the period. Finally, Potentia Wealth bought a new position in shares of Advanced Micro Devices in the fourth quarter worth about $259,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Citi upgraded AMD to Buy from Neutral and raised its price target to $575 from $460, saying the market may be underestimating the upside from AMD’s GPU business and AI-related demand. Citi Calls AMD a Rising Force in the GPU Market, Upgrades Shares to Buy
• Positive Sentiment: BofA also lifted its outlook on AMD to $560, adding to the bullish analyst momentum and supporting the stock’s move higher. Advanced Micro Devices (AMD) Stock Surges as Major Investment Firms Boost Price Forecasts
• Positive Sentiment: AI chip stocks, including AMD, are rising in pre-market trading as investors continue to favor semiconductor names tied to data-center AI spending. Why AI Chip Stocks NVDA, AMD, INTC, and AVGO Are Rising Today — June 15, 2026
• Neutral Sentiment: Broader market sentiment for semiconductors remains constructive, with articles highlighting AMD as a leading AI hardware name and a potential beneficiary of continued infrastructure spending. Advanced Micro Devices Touted as Next Big AI Winner
• Negative Sentiment: One article noted that AMD’s valuation has already more than doubled over the past two months, which could leave the stock vulnerable if sentiment cools or growth expectations slip. ‘Keep Cash Ready,’ Says Top Investor About AMD Stock

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on AMD shares. Wolfe Research lowered Advanced Micro Devices from a “peer perform” rating to a “peer perform” rating in a research note on Friday. BTIG Research raised Advanced Micro Devices to a “buy” rating in a research note on Wednesday, May 6th. Rosenblatt Securities upped their price objective on Advanced Micro Devices from $300.00 to $490.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Needham & Company LLC upgraded Advanced Micro Devices to a “buy” rating in a research report on Wednesday, May 6th. Finally, Morgan Stanley boosted their target price on Advanced Micro Devices from $360.00 to $410.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $424.59.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, Director Nora Denzel sold 8,626 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total value of $4,502,772.00. Following the sale, the director owned 87,173 shares in the company, valued at $45,504,306. This trade represents a 9.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Lisa T. Su sold 125,000 shares of the 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 completion of the sale, the chief executive officer owned 2,896,899 shares in the company, valued at approximately $1,334,572,400.31. The trade was a 4.14% 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. Over the last 90 days, insiders sold 372,032 shares of company stock valued at $158,658,616. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $511.57 on Monday. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $834.17 billion, a P/E ratio of 167.73, a P/E/G ratio of 1.50 and a beta of 2.50. Advanced Micro Devices, Inc. has a 12 month low of $115.06 and a 12 month high of $546.44. The business’s 50-day moving average is $386.41 and its 200 day moving average is $274.60.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data 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. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The business had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $9.90 billion. During the same period in the prior year, the business posted $0.96 earnings per share. The company’s quarterly revenue was up 37.8% compared to the same quarter last year. On average, equities research analysts forecast that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

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.