Bank of Stockton Purchases 1,561 Shares of Advanced Micro Devices, Inc. $AMD

Bank of Stockton lifted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 53.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,456 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,561 shares during the period. Bank of Stockton’s holdings in Advanced Micro Devices were worth $906,000 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. Clearwave Capital LLC raised its stake in shares of Advanced Micro Devices by 10.7% in the first quarter. Clearwave Capital LLC now owns 5,185 shares of the semiconductor manufacturer’s stock worth $1,055,000 after purchasing an additional 500 shares during the last quarter. Horst & Graben Wealth Management LLC bought a new stake in Advanced Micro Devices in the 1st quarter worth about $141,000. Meitav Investment House Ltd. raised its position in Advanced Micro Devices by 8.6% in the 1st quarter. Meitav Investment House Ltd. now owns 9,292 shares of the semiconductor manufacturer’s stock worth $1,890,000 after buying an additional 736 shares during the last quarter. Resonant Capital Advisors LLC raised its position in Advanced Micro Devices by 15.7% in the 1st quarter. Resonant Capital Advisors LLC now owns 8,549 shares of the semiconductor manufacturer’s stock worth $1,739,000 after buying an additional 1,163 shares during the last quarter. Finally, United Asset Strategies Inc. lifted its stake in Advanced Micro Devices by 0.3% during the 1st quarter. United Asset Strategies Inc. now owns 13,284 shares of the semiconductor manufacturer’s stock valued at $2,702,000 after acquiring an additional 43 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Mark D. Papermaster sold 6,000 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $536.33, for a total value of $3,217,980.00. Following the completion of the transaction, the executive vice president owned 1,233,687 shares of the company’s stock, valued at approximately $661,663,348.71. This trade represents a 0.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 Advanced Micro Devices stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total value of $57,586,250.00. Following the completion of the transaction, the chief executive officer owned 2,896,899 shares of the company’s stock, valued at approximately $1,334,572,400.31. This represents a 4.14% 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. 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 Stock Down 6.5%

AMD opened at $516.11 on Wednesday. The company has a market capitalization of $841.57 billion, a PE ratio of 169.22, a price-to-earnings-growth ratio of 1.63 and a beta of 2.47. The firm has a 50-day simple moving average of $479.06 and a two-hundred day simple moving average of $312.66. 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 $135.91 and a 52 week high of $584.73.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (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 firm had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. During the same period in the previous year, the firm posted $0.96 earnings per share. The business’s revenue was up 37.8% compared to the same quarter last year. Analysts forecast 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: Goldman Sachs and Wells Fargo both raised their AMD price targets, citing stronger-than-expected server CPU demand and continued upside from AMD’s EPYC/data center business. Goldman Sachs resets AMD stock price target for the rest of 2026
• Positive Sentiment: AMD announced a new autonomous-driving customer, Turing, and said the startup is using AMD GPUs for part of its AI training, adding another real-world use case for its AI accelerators. AMD Just Scored a New Autonomous Driving Customer. It’s Aiming at Nvidia in Another Arena.
• Positive Sentiment: Recent coverage highlighted AMD’s expanding AI footprint, including Ryzen AI momentum and the stock’s growing appeal as investors look for more upside in data center and AI-related chips. AMD Ryzen Strengthens Agentic AI Footprint: More Upside Ahead?
• Neutral Sentiment: AMD’s recent gains and valuation remain a focal point, with commentary noting the stock has run far enough that investors are debating whether much of the AI upside is already reflected in the share price. Will AMD Be a $1 Trillion Company Before 2026 Is Over?
• Negative Sentiment: The main pressure on AMD came from a broad chip-sector pullback, with tech and AI stocks selling off on profit-taking and worries about stretched valuations. Here’s Why Advanced Micro Devices (AMD) Fell More Than Broader Market
• Negative Sentiment: Michael Burry’s reported short bets against Nvidia, Micron, and AMD added to cautious sentiment around the AI infrastructure trade. Michael Burry Just Revealed His Next Big Short, and It’s a Bet Against Nvidia, Micron, and AMD

Analysts Set New Price Targets

A number of brokerages recently weighed in on AMD. Citigroup downgraded shares of Advanced Micro Devices from a “buy” rating to a “market perform” rating in a research report on Friday, June 12th. Wolfe Research set a $450.00 target price on shares of Advanced Micro Devices and gave the company an “outperform” rating in a research note on Monday, June 15th. Loop Capital raised Advanced Micro Devices to a “strong-buy” rating in a report on Tuesday, June 16th. Evercore restated an “outperform” rating and issued a $579.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, May 19th. Finally, UBS Group lifted their price objective on Advanced Micro Devices from $455.00 to $670.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Two investment 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 company. According to MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $453.92.

Advanced Micro Devices 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.