Freemont Management S.A. Sells 1,300 Shares of Advanced Micro Devices, Inc. $AMD

Freemont Management S.A. trimmed its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,400 shares of the semiconductor manufacturer’s stock after selling 1,300 shares during the period. Freemont Management S.A.’s holdings in Advanced Micro Devices were worth $2,523,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Annis Gardner Whiting Capital Advisors LLC increased its stake in Advanced Micro Devices by 8.1% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 7,891 shares of the semiconductor manufacturer’s stock valued at $1,605,000 after acquiring an additional 593 shares during the last quarter. German American Bancorp Inc. bought a new stake in Advanced Micro Devices during the first quarter worth $542,000. IMA Advisory Services Inc. lifted its stake in Advanced Micro Devices by 8.5% during the first quarter. IMA Advisory Services Inc. now owns 22,598 shares of the semiconductor manufacturer’s stock worth $4,597,000 after purchasing an additional 1,771 shares during the last quarter. Ranch Capital Advisors Inc. boosted its holdings in shares of Advanced Micro Devices by 0.9% in the 1st quarter. Ranch Capital Advisors Inc. now owns 7,186 shares of the semiconductor manufacturer’s stock valued at $1,462,000 after purchasing an additional 65 shares in the last quarter. Finally, Kesler Norman & Wride LLC boosted its holdings in shares of Advanced Micro Devices by 7.5% in the 1st quarter. Kesler Norman & Wride LLC now owns 22,932 shares of the semiconductor manufacturer’s stock valued at $4,665,000 after purchasing an additional 1,607 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on AMD. DA Davidson boosted their price target on Advanced Micro Devices from $375.00 to $425.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Stifel Nicolaus raised their price objective on Advanced Micro Devices from $450.00 to $635.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Wolfe Research set a $450.00 target price on Advanced Micro Devices and gave the stock an “outperform” rating in a research note on Monday, June 15th. Sanford C. Bernstein set a $600.00 target price on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a report on Wednesday, June 17th. Finally, Mizuho raised their price target on shares of Advanced Micro Devices from $515.00 to $615.00 and gave the company an “outperform” rating in a research note on Monday, June 1st. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and an average price target of $468.65.

Insider Activity at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 24,376 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $444.39, for a total value of $10,832,450.64. Following the completion of the transaction, the executive vice president owned 105,222 shares of the company’s stock, valued at $46,759,604.58. This represents a 18.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the completion of the transaction, the executive vice president owned 324,527 shares of the company’s stock, valued at approximately $140,000,947.80. This trade represents a 5.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 341,630 shares of company stock valued at $152,147,456. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Wall Street remains constructive on AMD, with KeyCorp reiterating an Overweight rating and a $725 price target, while other firms like Erste Group also raised forward earnings estimates. This supports the view that AMD’s longer-term AI and data-center growth story remains intact. AMD analyst and earnings estimates
• Positive Sentiment: Investors are looking ahead to AMD’s Advancing AI 2026 event next week, where analysts expect new AI products, customer wins, and potentially major partnership news. Some reports say the event could include updates that improve sentiment around AMD’s AI opportunity and competitive position versus Nvidia. AMD Advancing AI event article
• Neutral Sentiment: AMD’s recent quarter showed strong fundamentals, with revenue up 37.8% year over year to about $10.3 billion. That provides a supportive backdrop, but it has not been enough to offset the market’s current risk-off mood toward chip stocks. AMD quarterly revenue background
• Negative Sentiment: Sentiment was also hurt by a report that Chief Technology Officer Mark Papermaster sold 6,000 shares, adding to an already heavy pattern of insider selling. Over the past six months, AMD insiders have made 100 open-market sales and no purchases, which can make some investors cautious. AMD insider sale article
• Negative Sentiment: Broader market coverage described AMD as part of a semiconductor rout, with traders taking profits after a strong run in AI stocks. That rotation is the main reason AMD shares are weaker today, even though the company’s long-term AI narrative remains intact. Chipmaker rout article

Advanced Micro Devices Trading Down 1.0%

Shares of AMD stock opened at $495.76 on Friday. The firm has a market capitalization of $808.39 billion, a P/E ratio of 162.54, a P/E/G ratio of 1.43 and a beta of 2.47. Advanced Micro Devices, Inc. has a twelve month low of $149.22 and a twelve month high of $584.73. 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 stock’s fifty day simple moving average is $503.89 and its 200 day simple moving average is $329.65.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, beating the consensus estimate 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 business’s quarterly revenue was up 37.8% on a year-over-year basis. During the same period last year, the company earned $0.96 earnings per share. As a group, sell-side analysts predict that Advanced Micro Devices, Inc. will post 6.26 EPS 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.