Aigen Investment Management LP Has $2.30 Million Holdings in Advanced Micro Devices, Inc. $AMD

Aigen Investment Management LP increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 53.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,759 shares of the semiconductor manufacturer’s stock after acquiring an additional 3,734 shares during the quarter. Aigen Investment Management LP’s holdings in Advanced Micro Devices were worth $2,304,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Altrafin AG acquired a new position in Advanced Micro Devices in the 4th quarter valued at approximately $2,857,000. Aptus Capital Advisors LLC increased its stake in Advanced Micro Devices by 2.4% in the 4th quarter. Aptus Capital Advisors LLC now owns 100,822 shares of the semiconductor manufacturer’s stock valued at $21,592,000 after buying an additional 2,341 shares during the period. Cordoba Advisory Partners LLC acquired a new position in Advanced Micro Devices in the 4th quarter valued at approximately $396,000. Burton Enright Welch acquired a new position in Advanced Micro Devices in the 4th quarter valued at approximately $205,000. Finally, Kestra Advisory Services LLC increased its stake in Advanced Micro Devices by 3.9% in the 4th quarter. Kestra Advisory Services LLC now owns 143,038 shares of the semiconductor manufacturer’s stock valued at $30,633,000 after buying an additional 5,418 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $511.57 on Friday. The company’s fifty day moving average is $386.41 and its 200-day moving average is $274.18. Advanced Micro Devices, Inc. has a 12 month low of $115.06 and a 12 month high of $546.44. The firm has a market cap of $834.17 billion, a price-to-earnings ratio of 167.73, a price-to-earnings-growth ratio of 1.50 and a beta of 2.50. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04.

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 company had revenue of $10.25 billion for the quarter, compared to analyst estimates of $9.90 billion. During the same quarter in the prior year, the business posted $0.96 EPS. Advanced Micro Devices’s quarterly revenue was up 37.8% on a year-over-year basis. Equities analysts expect that Advanced Micro Devices, Inc. will post 6.2 EPS for the current fiscal year.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Citi upgraded AMD and argued that the market is underpricing its AI GPU upside, boosting confidence in the stock’s AI-driven growth path.
• Positive Sentiment: Bank of America also raised its outlook on AMD, calling it a top CPU pick and pointing to a large agentic AI opportunity across servers and accelerators.
• Positive Sentiment: Multiple reports highlighted rising GPU market-share data and stronger investor focus on AMD’s expanding role in AI hardware, helping semiconductor stocks rally broadly.

Analysts Set New Price Targets

Several research analysts have weighed in on AMD shares. Mizuho upped their price objective 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. Morgan Stanley upped their price objective on shares of Advanced Micro Devices from $360.00 to $410.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Wells Fargo & Company upped their price objective on shares of Advanced Micro Devices from $345.00 to $505.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. HSBC lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and upped their price objective for the company from $335.00 to $340.00 in a research note on Monday, May 4th. Finally, Seaport Research Partners upgraded shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 price objective on the stock in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $424.59.

Insider Activity at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 24,376 shares of the 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 owned 105,222 shares in the company, valued at $46,759,604.58. This represents a 18.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the transaction, 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 position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 372,032 shares of company stock worth $158,658,616 over the last quarter. 0.50% of the stock is currently owned by corporate insiders.

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.