Consilium Wealth Advisory LLC raised its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 43.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,243 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,590 shares during the period. Consilium Wealth Advisory LLC’s holdings in Advanced Micro Devices were worth $1,067,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Focused Wealth Management Inc grew its stake in shares of Advanced Micro Devices by 2.7% during the 1st quarter. Focused Wealth Management Inc now owns 1,431 shares of the semiconductor manufacturer’s stock valued at $291,000 after buying an additional 37 shares during the period. James J. Burns & Company LLC increased its holdings in shares of Advanced Micro Devices by 2.3% during the 4th quarter. James J. Burns & Company LLC now owns 1,816 shares of the semiconductor manufacturer’s stock worth $389,000 after buying an additional 40 shares during the last quarter. Cassaday & Co Wealth Management LLC raised its position in shares of Advanced Micro Devices by 0.9% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 4,912 shares of the semiconductor manufacturer’s stock worth $1,052,000 after buying an additional 43 shares during the period. Willis Johnson & Associates Inc. raised its position in shares of Advanced Micro Devices by 1.9% in the 4th quarter. Willis Johnson & Associates Inc. now owns 2,304 shares of the semiconductor manufacturer’s stock worth $493,000 after buying an additional 44 shares during the period. Finally, Smith Moore & CO. boosted its holdings in Advanced Micro Devices by 1.1% in the third quarter. Smith Moore & CO. now owns 3,962 shares of the semiconductor manufacturer’s stock valued at $641,000 after acquiring an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Trending Headlines about Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AMD continues to get bullish attention for its AI and data-center growth, with recent coverage citing expanding AI server CPU demand, rising EPYC adoption, and a larger long-term server CPU market opportunity. Why AMD’s AI Position Is Expanding
- Positive Sentiment: AMD’s MEXT acquisition is being viewed as an AI infrastructure and memory-strategy boost that could support higher revenue and deeper product differentiation. How AMD’s MEXT Deal Expands Its Memory Strategy Beyond GPUs and Data-Center CPUs
- Positive Sentiment: Several articles point to strong analyst support and high price targets for AMD, suggesting Wall Street still sees upside despite the recent run-up. Over 40 Analysts Rate AMD a Buy, Here’s Why We Agree
- Positive Sentiment: New product and ecosystem news, including a mini PC powered by AMD Ryzen AI 9 HX 470 and expanded FSR GPU support, highlights ongoing demand for AMD-based hardware. Next-Gen AI Powerhouse: Reatan Announces Global Launch of Reatan X8 Mini PC Powered by AMD Ryzen AI 9 HX 470 Processor
- Neutral Sentiment: Commentary around AMD’s recent rally and momentum is mixed, with some investors urging caution and others arguing the stock could still move higher if AI growth stays intact. AMDY: Take Profits Once We See AMD Momentum Shift
- Negative Sentiment: AMD is being hit by a broader chip-sector downgrade as tech and AI stocks fall on hawkish Fed expectations and profit-taking, dragging the shares lower alongside peers like Nvidia and Micron. Nvidia, AMD, and Micron Slide as Global AI Stock Sell-Off Hits Chip Sector
- Negative Sentiment: Several reports also point to profit-taking after AMD’s strong run, with traders locking in gains while waiting for the next catalyst. AMD falls as investors appear to take profits amid lingering chip-sector caution
- Negative Sentiment: Recent insider selling has also been noted, which may be adding some caution around the stock’s near-term valuation. Sell alert? AMD insiders dumped $60 million worth of stock since June started
Advanced Micro Devices Trading Down 5.8%
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The business had revenue of $10.25 billion during the quarter, compared to analyst estimates of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The company’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.96 earnings per share. Research analysts predict that Advanced Micro Devices, Inc. will post 6.15 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the company. Wells Fargo & Company boosted their price target on Advanced Micro Devices from $345.00 to $505.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Piper Sandler reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Weiss Ratings upgraded Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Mizuho boosted their target price on Advanced Micro Devices from $515.00 to $615.00 and gave the stock an “outperform” rating in a report on Monday, June 1st. Finally, Cantor Fitzgerald increased their target price on shares of Advanced Micro Devices to $500.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average price target of $430.68.
Get Our Latest Stock Analysis on Advanced Micro Devices
Insider Activity at Advanced Micro Devices
In other news, EVP Forrest Eugene Norrod sold 19,487 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the sale, the executive vice president owned 324,527 shares in the company, valued at $140,000,947.80. This trade represents a 5.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the transaction, the director directly owned 87,173 shares in the company, valued at approximately $45,504,306. The trade was a 9.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 378,032 shares of company stock valued at $161,876,596. 0.50% of the stock is currently owned by corporate insiders.
About Advanced Micro Devices
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.
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