Aptus Capital Advisors LLC Buys 2,341 Shares of Advanced Micro Devices, Inc. $AMD

Aptus Capital Advisors LLC grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 100,822 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,341 shares during the period. Aptus Capital Advisors LLC’s holdings in Advanced Micro Devices were worth $21,592,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of AMD. Joseph Group Capital Management bought a new stake in shares of Advanced Micro Devices in the 4th quarter valued at approximately $25,000. Sarver Vrooman Wealth Advisors bought a new stake in shares of Advanced Micro Devices in the 4th quarter valued at approximately $27,000. Basepoint Wealth LLC bought a new stake in shares of Advanced Micro Devices in the 4th quarter valued at approximately $30,000. Aviso Financial Inc. lifted its stake in shares of Advanced Micro Devices by 400.0% in 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 during the last quarter. Finally, Delos Wealth Advisors LLC lifted its stake in shares of Advanced Micro Devices by 100.0% in the 3rd quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after purchasing an additional 100 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Key Stories 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.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Stifel Nicolaus raised their price objective on Advanced Micro Devices from $320.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Wedbush raised their price objective on Advanced Micro Devices from $290.00 to $400.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Evercore reaffirmed an “outperform” rating and issued a $579.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday, May 19th. Seaport Research Partners upgraded Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 price target on the stock in a report on Wednesday, May 6th. Finally, BTIG Research upgraded Advanced Micro Devices to a “buy” rating in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $424.59.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,487 shares of the firm’s 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 directly owned 324,527 shares in the company, valued at $140,000,947.80. This trade represents a 5.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 24,376 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $444.39, for a total value 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. The trade was a 18.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 372,032 shares of company stock worth $158,658,616 over the last three months. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices Trading Up 4.7%

AMD opened at $511.57 on Friday. The stock’s fifty day moving average is $386.41 and its two-hundred day moving average is $274.18. The company has a market capitalization of $834.17 billion, a P/E ratio of 167.73, a PEG ratio of 1.50 and a beta of 2.50. Advanced Micro Devices, Inc. has a 52 week low of $115.06 and a 52 week high of $546.44. 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 released its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping the consensus estimate of $1.29 by $0.08. The company had revenue of $10.25 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 37.8% on a year-over-year basis. During the same period last year, the business posted $0.96 EPS. Analysts forecast that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current year.

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.