Advanced Micro Devices, Inc. $AMD Shares Sold by Canvas Wealth Advisors LLC

Canvas Wealth Advisors LLC cut its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 10.2% in the fourth quarter, HoldingsChannel reports. The fund owned 52,862 shares of the semiconductor manufacturer’s stock after selling 6,032 shares during the period. Advanced Micro Devices accounts for approximately 1.9% of Canvas Wealth Advisors LLC’s investment portfolio, making the stock its 15th largest holding. Canvas Wealth Advisors LLC’s holdings in Advanced Micro Devices were worth $11,321,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of Advanced Micro Devices during the 2nd quarter worth about $3,094,662,000. Jennison Associates LLC purchased a new position in shares of Advanced Micro Devices in the 3rd quarter valued at about $626,826,000. Wellington Management Group LLP raised its holdings in Advanced Micro Devices by 335.9% in the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock worth $784,330,000 after purchasing an additional 3,735,807 shares during the period. Assenagon Asset Management S.A. raised its holdings in Advanced Micro Devices by 104.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer’s stock worth $1,283,096,000 after purchasing an additional 3,059,935 shares during the period. Finally, Nordea Investment Management AB boosted its position in Advanced Micro Devices by 203.7% during the third quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock worth $631,892,000 after purchasing an additional 2,619,294 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Up 7.3%

Shares of AMD opened at $220.27 on Thursday. The stock has a 50 day moving average price of $214.59 and a 200 day moving average price of $212.43. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. The stock has a market capitalization of $359.13 billion, a price-to-earnings ratio of 83.12, a PEG ratio of 0.77 and a beta of 1.98.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The company had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. During the same quarter in the previous year, the company posted $1.09 EPS. The firm’s quarterly revenue was up 34.1% on a year-over-year basis. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

More Advanced Micro Devices News

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

• Positive Sentiment: Reports that AMD (with Intel) is raising CPU prices — a sign of regained pricing power that should flow to higher gross margins and free cash flow. AMD and Intel Are Leading a Chip Stock Rally
• Positive Sentiment: Advanced talks to supply ~10,000 MI355 AI accelerators to Upstage — a material commercial win in Korea that supports AMD’s AI accelerator TAM expansion and international traction. AMD AI Deal Talks With Upstage
• Positive Sentiment: Underlying fundamentals and recent earnings strength (revenue and EPS beats) continue to support the bull case heading into upcoming reports and MI450/MI450‑era launches. Stock Market Today: AMD Rises After CPU Price Increase Reports
• Neutral Sentiment: Macro and headline-driven market moves (ceasefire hopes / broader chip rally) are boosting semiconductor stocks broadly — tailwind for AMD but increases market correlation and volatility. Dow Jones Futures Fall: Market Fades Amid Iran War Deal Hopes
• Neutral Sentiment: Policy exposure — AMD’s executive-level engagement in broader AI advisory discussions adds visibility on AI policy but the near-term commercial impact is uncertain. Trump Names Tech Execs to AI Advisory Council
• Negative Sentiment: Analyst divergence: some firms (e.g., Bernstein commentary) favor Nvidia/Broadcom over AMD, urging caution — this can cap multiple expansion or prompt relative underperformance if sentiment shifts. Bernstein Weighs In on AI Chip Stocks
• Negative Sentiment: Supply constraints in CPUs and HBM components are being reported and could limit shipments or delay deployments even as demand soars — a risk to near-term revenue growth if AMD cannot scale. Intel, AMD’s CPU Supply Constraints Impacting PC, Server Makers
• Negative Sentiment: New competition risk: Arm’s move to sell its own high‑performance server CPUs could pressure long‑term pricing and share in certain server segments. Arm to Sell Its Own Chips

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. UBS Group set a $310.00 price objective on Advanced Micro Devices in a report on Wednesday, February 4th. TD Cowen reiterated a “buy” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Truist Financial set a $283.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. China Renaissance started coverage on shares of Advanced Micro Devices in a report on Tuesday, January 13th. They issued a “buy” rating and a $291.00 price target for the company. Finally, Roth Mkm restated a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus price target of $290.53.

Insider Buying and Selling at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,442 shares of the business’s 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 transaction, the senior vice president directly owned 16,359 shares in the company, valued at $3,834,876.78. The trade was a 12.99% decrease in their position. The sale 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 company’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total value of $26,795,000.00. Following the completion of the sale, the chief executive officer owned 3,152,476 shares of the company’s stock, valued at $675,764,755.36. This trade represents a 3.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 239,392 shares of company stock valued at $50,016,383. Insiders own 0.06% 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.