Epoch Investment Partners Inc. Takes Position in Advanced Micro Devices, Inc. $AMD

Epoch Investment Partners Inc. bought a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 141,245 shares of the semiconductor manufacturer’s stock, valued at approximately $30,249,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Brown Advisory Inc. grew its holdings in Advanced Micro Devices by 4.7% during the fourth quarter. Brown Advisory Inc. now owns 27,147 shares of the semiconductor manufacturer’s stock worth $5,814,000 after acquiring an additional 1,213 shares during the period. Bollard Group LLC acquired a new position in Advanced Micro Devices during the fourth quarter worth $341,000. Carl Stuart Investment Advisor Inc. acquired a new position in Advanced Micro Devices during the fourth quarter worth $212,000. 17 Capital Partners LLC grew its holdings in Advanced Micro Devices by 12.4% during the fourth quarter. 17 Capital Partners LLC now owns 6,988 shares of the semiconductor manufacturer’s stock worth $1,497,000 after acquiring an additional 771 shares during the period. Finally, AFT Forsyth & Company Inc. acquired a new position in Advanced Micro Devices during the fourth quarter worth $253,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

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.

Insiders Place Their Bets

In other news, EVP Mark D. Papermaster sold 31,320 shares of the company’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $350.00, for a total value of $10,962,000.00. Following the sale, the executive vice president directly owned 1,236,037 shares in the company, valued at $432,612,950. This represents a 2.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00. Following the completion of the sale, the director owned 87,173 shares in the company, valued at $45,504,306. This represents a 9.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 372,032 shares of company stock valued at $158,658,616. Insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the company. Northland Securities reissued a “market perform” rating and issued a $260.00 target price on shares of Advanced Micro Devices in a report on Monday, April 27th. Wolfe Research lowered Advanced Micro Devices from a “peer perform” rating to a “peer perform” rating in a report on Friday. Bank of America upped their target price on Advanced Micro Devices from $500.00 to $560.00 and gave the company a “buy” rating in a report on Thursday. Morgan Stanley upped their target price on Advanced Micro Devices from $360.00 to $410.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Finally, Roth Mkm reissued a “buy” rating and issued a $500.00 target price on shares of Advanced Micro Devices 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 given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average price target of $424.59.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $511.57 on Monday. 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 $115.06 and a 52-week high of $546.44. The stock’s fifty day simple moving average is $386.41 and its 200-day simple moving average is $274.60. The company has a market capitalization of $834.17 billion, a P/E ratio of 167.73, a P/E/G ratio of 1.50 and a beta of 2.50.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The business had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $9.90 billion. During the same period in the prior year, the business earned $0.96 earnings per share. The business’s revenue was up 37.8% on a year-over-year basis. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

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.