Advanced Micro Devices, Inc. $AMD Stock Holdings Lifted by Root Financial Partners LLC

Root Financial Partners LLC lifted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 105.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 7,810 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,016 shares during the period. Root Financial Partners LLC’s holdings in Advanced Micro Devices were worth $1,673,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Joseph Group Capital Management bought a new stake in shares of Advanced Micro Devices during the 4th quarter worth about $25,000. Basepoint Wealth LLC acquired a new position in shares of Advanced Micro Devices during the 4th quarter worth about $30,000. Koesten Hirschmann & Crabtree INC. lifted its position in shares of Advanced Micro Devices by 61.0% during the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 61 shares during the last quarter. Key Capital Management INC acquired a new position in shares of Advanced Micro Devices during the 4th quarter worth about $38,000. Finally, PFS Partners LLC lifted its position in shares of Advanced Micro Devices by 269.2% during the 4th quarter. PFS Partners LLC now owns 192 shares of the semiconductor manufacturer’s stock worth $41,000 after purchasing an additional 140 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

AMD has been the subject of several research analyst reports. Northland Securities reissued a “market perform” rating and set a $260.00 price objective on shares of Advanced Micro Devices in a research report on Monday, April 27th. Sanford C. Bernstein raised Advanced Micro Devices from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $265.00 to $525.00 in a research report on Wednesday, May 6th. Cantor Fitzgerald boosted their price objective on Advanced Micro Devices to $500.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. boosted their price objective on Advanced Micro Devices from $270.00 to $385.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Stifel Nicolaus boosted their price objective on Advanced Micro Devices from $320.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus target price of $419.86.

Advanced Micro Devices Stock Down 1.2%

NASDAQ AMD opened at $510.13 on Tuesday. The firm has a market cap of $831.82 billion, a PE ratio of 167.26, a price-to-earnings-growth ratio of 1.52 and a beta of 2.40. Advanced Micro Devices, Inc. has a one year low of $111.01 and a one year high of $527.20. The stock’s 50 day simple moving average is $333.88 and its 200 day simple moving average is $257.70. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. The business had revenue of $10.25 billion for the quarter, compared to analyst estimates of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.Advanced Micro Devices’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.96 EPS. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: AMD expanded its AI infrastructure push by joining DriveNets’ $410 million funding round, signaling that it is investing beyond chips and into networking technology that supports large-scale AI data centers. Reuters article on DriveNets funding
• Positive Sentiment: AMD also unveiled new product and platform updates at Computex, including expanded AM5 support through 2029 and new Ryzen X3D gaming chips, which helps reinforce its product roadmap in PCs and gaming. Benzinga article on AMD Computex updates
• Positive Sentiment: Mizuho raised its price target on AMD to $615 from $515 and kept an outperform rating, reflecting continued optimism around AI demand and execution. Benzinga/The Fly price target update
• Neutral Sentiment: AMD’s strong recent operating momentum and rising valuation have kept the stock in the spotlight, with articles noting the shares are close to a 52-week high and that investors are debating whether the run is getting ahead of fundamentals. 24/7 Wall St. valuation article
• Negative Sentiment: Sentiment weakened after Nvidia unveiled its RTX Spark PC AI chip, which investors see as a direct challenge to AMD in personal computers and related AI hardware markets. Yahoo Finance article on Nvidia PC chip launch
• Negative Sentiment: ARK Invest sold tens of millions of dollars in AMD shares while rotating into Nvidia, adding to short-term pressure on AMD stock. Benzinga article on ARK selling AMD
• Negative Sentiment: The U.S. also tightened export rules for advanced AI chips, including AMD’s MI350x, which could add friction to future sales into China-linked supply chains. Yahoo Finance article on export limits

Insiders Place Their Bets

In related news, EVP Mark D. Papermaster sold 31,320 shares of the stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the sale, the executive vice president directly owned 1,236,037 shares in the company, valued at $432,612,950. This represents a 2.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total value of $8,406,691.80. Following the sale, the executive vice president owned 324,527 shares in the company, valued at approximately $140,000,947.80. This trade represents a 5.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 329,085 shares of company stock valued at $114,051,007 in the last 90 days. Insiders own 0.50% of the company’s stock.

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.