Advanced Micro Devices, Inc. $AMD Shares Bought by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC boosted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 65.4% in the fourth quarter, HoldingsChannel reports. The firm owned 25,890 shares of the semiconductor manufacturer’s stock after buying an additional 10,237 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Advanced Micro Devices were worth $5,545,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Joseph Group Capital Management acquired a new position in shares of Advanced Micro Devices in the fourth quarter worth about $25,000. Sarver Vrooman Wealth Advisors acquired a new position in shares of Advanced Micro Devices in the fourth quarter worth about $27,000. Basepoint Wealth LLC acquired a new position in shares of Advanced Micro Devices in the fourth quarter worth about $30,000. Key Capital Management INC purchased a new stake in shares of Advanced Micro Devices during the fourth quarter worth about $38,000. Finally, PFS Partners LLC increased its stake in shares of Advanced Micro Devices by 269.2% during the fourth quarter. PFS Partners LLC now owns 192 shares of the semiconductor manufacturer’s stock worth $41,000 after purchasing an additional 140 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Erste Group Bank raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Barclays raised their price target on shares of Advanced Micro Devices from $500.00 to $665.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. TD Cowen increased their price objective on shares of Advanced Micro Devices from $500.00 to $600.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. Wolfe Research assumed coverage on shares of Advanced Micro Devices in a research report on Wednesday, May 6th. They set a “peer perform” rating for the company. Finally, Truist Financial set a $478.00 target price on shares of Advanced Micro Devices in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and thirteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $419.86.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD announced a planned investment of up to £2 billion over five years in the United Kingdom to expand AI innovation, advanced computing, research partnerships, and workforce development, which supports its long-term AI growth story. AMD Commits up to £2 Billion to Accelerate AI Innovation and Research in the United Kingdom
• Positive Sentiment: Several analysts and commentators remained constructive on AMD, citing strong AI infrastructure demand, recent revenue growth, and potential upside from EPYC and Instinct adoption across cloud and enterprise markets.
• Neutral Sentiment: AMD also received attention for new collaborations with Imperial College London, Oriole Networks, and the University of Cambridge, which could help strengthen its AI ecosystem but are longer-term rather than immediate financial catalysts.
• Neutral Sentiment: Insider and institutional trading data showed mixed signals: insiders have been net sellers over the past six months, while several large funds have been adding to positions.
• Negative Sentiment: Shares were weighed by a broad semiconductor selloff and weaker risk appetite, with multiple reports noting that chipmakers, including AMD, pulled lower as the market’s recent AI rebound faded.
• Negative Sentiment: Bearish commentary also resurfaced, with some articles arguing AMD’s valuation is stretched and that Nvidia still holds a wide lead in AI accelerators, which may be pressuring sentiment.

Advanced Micro Devices Price Performance

Shares of AMD opened at $475.51 on Wednesday. The firm’s fifty day simple moving average is $369.56 and its 200-day simple moving average is $268.77. Advanced Micro Devices, Inc. has a twelve month low of $115.06 and a twelve month high of $546.44. 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 firm has a market capitalization of $775.37 billion, a price-to-earnings ratio of 155.91, a PEG ratio of 1.44 and a beta of 2.50.

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

Insider Activity

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 24,376 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $444.39, for a total transaction of $10,832,450.64. Following the transaction, the executive vice president directly owned 105,222 shares of the company’s stock, valued at approximately $46,759,604.58. This trade represents a 18.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Mark D. Papermaster sold 31,320 shares of the firm’s stock in a transaction 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 transaction, the executive vice president directly owned 1,236,037 shares in the company, valued at $432,612,950. The trade was a 2.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 332,032 shares of company stock worth $117,967,816 over the last three months. Company insiders own 0.50% of the company’s stock.

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.