ARK Investment Management LLC Buys 349,806 Shares of Advanced Micro Devices, Inc. $AMD

ARK Investment Management LLC lifted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 12.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 3,057,911 shares of the semiconductor manufacturer’s stock after acquiring an additional 349,806 shares during the quarter. Advanced Micro Devices comprises approximately 2.9% of ARK Investment Management LLC’s portfolio, making the stock its 10th largest position. ARK Investment Management LLC’s holdings in Advanced Micro Devices were worth $494,739,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of AMD. ORG Wealth Partners LLC boosted its holdings in Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 46 shares during the period. Koesten Hirschmann & Crabtree INC. lifted its position in shares of Advanced Micro Devices by 61.0% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 61 shares in the last quarter. Pinney & Scofield Inc. boosted its stake in shares of Advanced Micro Devices by 81.0% in the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 85 shares during the period. Aviso Financial Inc. grew its holdings in Advanced Micro Devices by 400.0% during the 3rd quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after purchasing an additional 160 shares in the last quarter. Finally, Evolution Wealth Management Inc. purchased a new stake in Advanced Micro Devices during the 2nd quarter worth $34,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AMD has been the subject of a number of analyst reports. Mizuho upped their price objective on shares of Advanced Micro Devices from $275.00 to $280.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a report on Monday, December 29th. Jefferies Financial Group restated a “buy” rating on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Morgan Stanley cut their target price on Advanced Micro Devices from $260.00 to $255.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 4th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $300.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $290.53.

Advanced Micro Devices Stock Up 5.8%

NASDAQ:AMD opened at $202.07 on Thursday. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The stock has a 50 day moving average of $218.53 and a 200-day moving average of $208.57. The firm has a market capitalization of $329.46 billion, a PE ratio of 76.25, a price-to-earnings-growth ratio of 0.72 and a beta of 1.98. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. The firm had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The firm’s revenue was up 34.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.09 EPS. Analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,442 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $234.42, for a total transaction of $572,453.64. Following the sale, the senior vice president owned 16,359 shares of the company’s stock, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the completion of the transaction, the executive vice president directly owned 289,098 shares of the company’s stock, valued at $62,679,337.38. This trade represents a 6.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 271,892 shares of company stock valued at $58,476,908 in the last ninety days. Company insiders own 0.06% of the company’s stock.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Large strategic AI deal with Meta (multi‑year Instinct GPU deployment) strengthens AMD’s server GPU backlog and long‑term revenue visibility. Read More.
• Positive Sentiment: Wall Street keeps backing the story — Piper Sandler and Jefferies reiterated bullish stances after the Meta deal (Piper Sandler has a $300 target), supporting investor confidence and lifting sentiment. Read More.
• Positive Sentiment: Product momentum: AMD unveiled Copilot+ desktop chips and expanded Ryzen AI 400 series for AI PCs, which supports long‑term TAM expansion into AI PCs and edge AI. Read More.
• Positive Sentiment: Commercial deployments: Akash/MiTAC announced diamond‑cooled servers using AMD Instinct MI350X GPUs — an early sign of OEM and data‑center adoption for AMD GPUs. Read More.
• Positive Sentiment: R&D and ecosystem wins — AMD and the University of Toronto launched a major AI & computing lab, boosting research collaboration and regional ecosystem presence. Read More.
• Neutral Sentiment: Sector tailwinds: broader chip rebound and commentary that “CPUs are back en vogue” for data centers help sentiment for AMD but benefit multiple vendors. Read More.
• Neutral Sentiment: AI supply‑chain and peers: Micron’s strong AI demand and funding headlines (e.g., Ayar Labs) reinforce the AI buildout narrative but are indirect for AMD. Read More. Read More.
• Negative Sentiment: Insider selling remains notable — public datasets show multiple executive sales in recent months, which can concern near‑term sentiment even if strategic. Read More.
• Negative Sentiment: Technical/short‑term pressure: analysts and technical writeups highlight ongoing volatility and selling pressure after the recent pullback; traders may take profits into weakness. Read More.
• Negative Sentiment: Macro/geopolitical risk briefly weighed on the stock earlier (oil/pricing and risk‑off moves drove intraday weakness), reminding investors that external shocks can reverse momentum. Read More.

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.