Advanced Micro Devices, Inc. $AMD Shares Sold by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC decreased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,606 shares of the semiconductor manufacturer’s stock after selling 1,042 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Advanced Micro Devices were worth $3,175,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Advanced Micro Devices by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock valued at $33,949,256,000 after purchasing an additional 2,525,109 shares in the last quarter. State Street Corp lifted its stake in shares of Advanced Micro Devices by 1.5% during the 4th quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer’s stock worth $16,044,712,000 after purchasing an additional 1,094,835 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Advanced Micro Devices by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock worth $8,015,897,000 after purchasing an additional 287,525 shares during the last quarter. Norges Bank acquired a new stake in shares of Advanced Micro Devices during the fourth quarter worth $4,929,312,000. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Advanced Micro Devices by 0.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer’s stock valued at $4,352,864,000 after purchasing an additional 55,969 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, Director Nora Denzel sold 8,626 shares of the stock in a transaction on Tuesday, June 2nd. The shares were 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 $45,504,306. This represents a 9.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 transaction of $10,832,450.64. Following the transaction, the executive vice president directly owned 105,222 shares of the company’s stock, valued at approximately $46,759,604.58. This represents a 18.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 378,032 shares of company stock valued at $161,876,596 over the last ninety days. 0.50% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $532.57 on Friday. Advanced Micro Devices, Inc. has a 12 month low of $133.50 and a 12 month high of $562.99. The firm has a market capitalization of $868.41 billion, a P/E ratio of 174.61, a P/E/G ratio of 1.53 and a beta of 2.50. 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’s fifty day moving average price is $439.94 and its two-hundred day moving average price is $294.52.

Advanced Micro Devices (NASDAQ:AMD) last released 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 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 analysts’ expectations of $9.90 billion. During the same quarter in the previous year, the firm posted $0.96 earnings per share. The company’s revenue was up 37.8% compared to the same quarter last year. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.15 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AMD has been the topic of a number of recent analyst reports. Susquehanna increased their price target on shares of Advanced Micro Devices from $375.00 to $450.00 and gave the stock a “positive” rating in a research note on Wednesday, May 6th. UBS Group boosted their price objective on shares of Advanced Micro Devices from $455.00 to $670.00 and gave the company a “buy” rating in a research note on Wednesday. Wells Fargo & Company upped their price objective on Advanced Micro Devices from $345.00 to $505.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Cantor Fitzgerald increased their target price on Advanced Micro Devices to $500.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Finally, Seaport Research Partners upgraded Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 target price on the stock in a report on Wednesday, May 6th. Two investment 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $440.41.

More Advanced Micro Devices News

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

• Positive Sentiment: UBS raised its AMD price target to $670, reinforcing the bullish case around data center growth and long-term revenue expansion. 5-star analyst sets jaw-dropping AMD stock price target
• Positive Sentiment: Analysts and research firms continue to highlight AMD’s AI server CPU momentum and rising data center revenues, which could support further upside if execution stays strong. AMD’s Supercomputing Gains Fuel AI Data Center Growth: What’s Ahead?
• Positive Sentiment: Gartner called AMD “the company to beat” for enterprise AI server CPUs, adding credibility to the company’s competitive position in a key growth market. Gartner Says AMD Is the ‘Company to Beat for Enterprise AI Server CPUs’
• Positive Sentiment: Micron’s blowout earnings lifted optimism across AI infrastructure spending, which can spill over to AMD as investors reassess demand for semis tied to the AI buildout. Why Is AMD Stock Gaining Thursday?
• Neutral Sentiment: Multiple articles compared AMD with Nvidia and other AI chip peers, but most emphasized that Nvidia still leads on growth and margins, keeping AMD’s valuation debate alive rather than clearly changing the fundamentals. Battle of the Artificial Intelligence (AI) Computing Companies: Is AMD, Broadcom, Nvidia, or Marvell the Best Stock to Buy Now?
• Neutral Sentiment: Broad AI-chip enthusiasm remains intact, but a separate note said the broader semiconductor complex did not fully participate in Micron’s rally, so sector momentum is helping AMD only indirectly. Why Micron earnings aren’t driving Intel, AMD shares higher?

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.