Advanced Micro Devices, Inc. $AMD Shares Sold by Advisors Management Group Inc. ADV

Advisors Management Group Inc. ADV decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 20.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 25,673 shares of the semiconductor manufacturer’s stock after selling 6,713 shares during the period. Advanced Micro Devices comprises approximately 1.0% of Advisors Management Group Inc. ADV’s portfolio, making the stock its 28th biggest holding. Advisors Management Group Inc. ADV’s holdings in Advanced Micro Devices were worth $5,222,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Simplicity Wealth LLC boosted its stake in shares of Advanced Micro Devices by 2.8% during the 1st quarter. Simplicity Wealth LLC now owns 32,881 shares of the semiconductor manufacturer’s stock worth $6,689,000 after acquiring an additional 907 shares in the last quarter. Candriam S.C.A. raised its position in shares of Advanced Micro Devices by 23.1% during the first quarter. Candriam S.C.A. now owns 592,148 shares of the semiconductor manufacturer’s stock worth $120,461,000 after purchasing an additional 111,080 shares during the period. Petix & Botte Co lifted its holdings in shares of Advanced Micro Devices by 4.5% during the first quarter. Petix & Botte Co now owns 2,679 shares of the semiconductor manufacturer’s stock valued at $545,000 after purchasing an additional 116 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Advanced Micro Devices by 9.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 67,353 shares of the semiconductor manufacturer’s stock valued at $13,702,000 after purchasing an additional 5,800 shares during the period. Finally, Independence Bank of Kentucky boosted its position in shares of Advanced Micro Devices by 7.9% in the 1st quarter. Independence Bank of Kentucky now owns 23,495 shares of the semiconductor manufacturer’s stock valued at $4,780,000 after purchasing an additional 1,722 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 6,000 shares of Advanced Micro Devices stock in a transaction on Monday, June 15th. The shares were sold at an average price of $536.33, for a total transaction of $3,217,980.00. Following the completion of the sale, the executive vice president owned 1,233,687 shares of the company’s stock, valued at $661,663,348.71. This trade represents a 0.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total transaction of $57,586,250.00. Following the transaction, the chief executive officer owned 2,896,899 shares in the company, valued at approximately $1,334,572,400.31. This represents a 4.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 374,739 shares of company stock worth $161,135,671. Insiders own 0.50% of the company’s stock.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Stifel raised its AMD price target to $635 from $450 and reiterated a Buy rating, citing AMD’s growing strength in AI servers and EPYC CPUs.
• Positive Sentiment: Goldman Sachs and other firms have also lifted targets recently, signaling rising Wall Street confidence in AMD’s AI and data-center growth. Goldman Sachs raises AMD stock price target for the rest of 2026 on surging agentic AI CPU demand
• Positive Sentiment: AMD announced a new AI campus partnership, adding another potential growth avenue tied to large-scale AI infrastructure spending. AMD Stock Rallies on a New AI Campus Partnership
• Neutral Sentiment: AMD’s upcoming Aug. 4 earnings report is creating anticipation for a possible beat-and-raise quarter, but the actual results are still pending.
• Negative Sentiment: ARK Invest continued selling AMD shares, which may temper enthusiasm among some investors. Cathie Wood Bets Big on META Ahead of Q2 Earnings, Sells AMD and Other Growth Stocks

Advanced Micro Devices Price Performance

Shares of AMD opened at $557.89 on Friday. The business’s 50-day moving average is $491.60 and its 200-day moving average is $318.92. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96. The company has a market capitalization of $909.70 billion, a price-to-earnings ratio of 182.92, a P/E/G ratio of 1.61 and a beta of 2.47. Advanced Micro Devices, Inc. has a fifty-two week low of $141.60 and a fifty-two week high of $584.73.

Advanced Micro Devices (NASDAQ:AMD) last posted 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 business had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $9.90 billion. During the same period last year, the company posted $0.96 earnings per share. The firm’s quarterly revenue was up 37.8% compared to the same quarter last year. Equities research analysts expect that Advanced Micro Devices, Inc. will post 6.15 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on AMD. Seaport Research Partners upgraded Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 price objective on the stock in a report on Wednesday, May 6th. Weiss Ratings raised shares of Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Sanford C. Bernstein set a $600.00 price target on shares of Advanced Micro Devices and gave the company an “outperform” rating in a research report on Wednesday, June 17th. Oppenheimer lowered shares of Advanced Micro Devices from a “market perform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Finally, Barclays cut shares of Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research report on Friday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $458.92.

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.