Caliber Wealth Management LLC KS Sells 3,698 Shares of Advanced Micro Devices, Inc. $AMD

Caliber Wealth Management LLC KS reduced its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 27.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,840 shares of the semiconductor manufacturer’s stock after selling 3,698 shares during the quarter. Caliber Wealth Management LLC KS’s holdings in Advanced Micro Devices were worth $2,002,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in AMD. Norges Bank purchased a new stake in shares of Advanced Micro Devices during the fourth quarter worth about $4,929,312,000. Jennison Associates LLC increased its holdings in Advanced Micro Devices by 181.6% during the 4th quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock valued at $2,336,552,000 after purchasing an additional 7,035,991 shares during the period. Cardano Risk Management B.V. purchased a new position in Advanced Micro Devices during the 4th quarter valued at about $1,000,783,000. Wellington Management Group LLP raised its position in Advanced Micro Devices by 335.9% during the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock valued at $784,330,000 after purchasing an additional 3,735,807 shares during the last quarter. Finally, Franklin Resources Inc. raised its position in Advanced Micro Devices by 340.1% during the 4th quarter. Franklin Resources Inc. now owns 4,747,834 shares of the semiconductor manufacturer’s stock valued at $1,016,796,000 after purchasing an additional 3,669,054 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. KeyCorp lifted their price objective on Advanced Micro Devices from $330.00 to $530.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Raymond James Financial initiated coverage on Advanced Micro Devices in a report on Wednesday, May 6th. They set a “market perform” rating for the company. Cantor Fitzgerald lifted their price target on shares of Advanced Micro Devices from $500.00 to $700.00 and gave the company an “overweight” rating in a report on Monday. DA Davidson boosted their price objective on shares of Advanced Micro Devices from $375.00 to $425.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Northland Securities restated a “market perform” rating and issued a $260.00 price objective on shares of Advanced Micro Devices in a report on Monday, April 27th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $445.81.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 31,320 shares of Advanced Micro Devices stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $350.00, for a total value of $10,962,000.00. Following the completion of the transaction, the executive vice president directly owned 1,236,037 shares of the company’s stock, valued at approximately $432,612,950. The trade was a 2.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 324,527 shares in the company, valued at approximately $140,000,947.80. This 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 sold 378,032 shares of company stock worth $161,876,596 over the last 90 days. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices Trading Up 3.4%

AMD opened at $539.49 on Tuesday. 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, Inc. has a 52 week low of $133.50 and a 52 week high of $562.99. The stock has a market cap of $879.69 billion, a PE ratio of 176.88, a PEG ratio of 1.54 and a beta of 2.50. The business has a 50 day moving average of $450.43 and a 200-day moving average of $298.88.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share 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 analysts’ expectations of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The firm’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.96 earnings per share. Equities research analysts predict that Advanced Micro Devices, Inc. will post 6.15 earnings per share 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: AMD is benefiting from renewed enthusiasm for AI chips, with market commentary noting that the recent selloff in microchips may have been overdone and that AI demand still appears undersupplied. The broader tech rebound also supported the stock. AMD, INTC and NVDA Forecasts – Microchips Looking to Recover on Monday
• Positive Sentiment: UBS raised its price target on AMD to $670 from $455 while keeping a Buy rating, reinforcing bullish expectations for further upside. UBS Raises PT on Advanced Micro Devices (AMD)
• Positive Sentiment: AMD’s recent UK investment announcement, including plans tied to AI supercomputers at Cambridge, adds to the company’s credibility in AI infrastructure and may support long-term growth sentiment. AMD (AMD) Commits £2 Billion to the UK and Helps Build Two AI Supercomputers at Cambridge
• Neutral Sentiment: Analysts and market commentators continue to highlight AMD as a trending growth stock, but much of the discussion is centered on valuation and investor interest rather than a new fundamental catalyst. Here’s Why Advanced Micro Devices (AMD) is a Strong Growth Stock
• Neutral Sentiment: Some articles warn that AMD’s stock has run up more on valuation and sentiment than on near-term business results, which could temper upside if expectations outpace execution. AMD Stock Is Crushing Nvidia’s in 2026. Will That Continue?
• Negative Sentiment: Chip stocks including AMD opened lower at one point due to quarter-end positioning, lingering earnings pressure, and macro caution, indicating some near-term trading headwinds for semiconductors. Why are Intel, AMD, ARM stocks selling off today?

Advanced Micro Devices Company 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.