Zevenbergen Capital Investments LLC Decreases Stake in Advanced Micro Devices, Inc. $AMD

Zevenbergen Capital Investments LLC cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 550,483 shares of the semiconductor manufacturer’s stock after selling 39,546 shares during the quarter. Advanced Micro Devices comprises about 2.6% of Zevenbergen Capital Investments LLC’s investment portfolio, making the stock its 11th largest position. Zevenbergen Capital Investments LLC’s holdings in Advanced Micro Devices were worth $117,891,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Impax Asset Management Group plc increased its stake in Advanced Micro Devices by 326.5% in the 3rd quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer’s stock valued at $8,424,000 after purchasing an additional 39,861 shares in the last quarter. Zweig DiMenna Associates LLC boosted its position in Advanced Micro Devices by 127.6% during the third quarter. Zweig DiMenna Associates LLC now owns 72,602 shares of the semiconductor manufacturer’s stock worth $11,746,000 after purchasing an additional 40,708 shares in the last quarter. Wedbush Securities Inc. grew its holdings in Advanced Micro Devices by 7.8% in the third quarter. Wedbush Securities Inc. now owns 84,256 shares of the semiconductor manufacturer’s stock valued at $13,632,000 after purchasing an additional 6,095 shares during the last quarter. William Blair Investment Management LLC increased its position in shares of Advanced Micro Devices by 72.5% in the third quarter. William Blair Investment Management LLC now owns 1,047,200 shares of the semiconductor manufacturer’s stock valued at $169,426,000 after buying an additional 440,296 shares in the last quarter. Finally, Wisconsin Capital Management LLC increased its position in shares of Advanced Micro Devices by 77.7% in the third quarter. Wisconsin Capital Management LLC now owns 25,111 shares of the semiconductor manufacturer’s stock valued at $4,063,000 after buying an additional 10,982 shares in the last quarter. 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: Samsung memorandum expands supply of next‑gen HBM4 memory for AMD Instinct GPUs and opens talks on foundry collaboration — strengthens AMD’s AI accelerator supply chain and reduces a key execution risk. AMD And Samsung Partnership Adds New Piece To AI Supply Story
• Positive Sentiment: Analysts and outlets highlight a potential revenue inflection in H2 2026 tied to next‑generation CPUs/GPUs and server wins — a near‑term product calendar that investors expect could materially accelerate top‑line and datacenter GPU demand. Why the Second Half of 2026 Could Be Huge for AMD Stock
• Positive Sentiment: Several bullish price targets and analyst notes (UBS, Aletheia Capital and others) argue for double‑digit to multi‑dozen percent upside based on large AI/data‑center deal potential. These upbeat forecasts support the stock’s medium‑term case. AMD Stock Gains Momentum As UBS Eyes 54% Upside On AI Megadeals
• Neutral Sentiment: Hyperscaler demand commentary (e.g., Meta’s data‑center plans) points to durable GPU demand that could benefit AMD over time, but it’s an industry tailwind rather than an immediate catalyst. As Meta Doubles Down on Data Center Investment, AMD and American Tower Could Be the Top Stocks to Buy
• Negative Sentiment: Today’s decline tracks a broader semiconductor/tech pullback after peers (notably Intel) sold off; sector weakness is pressuring high‑beta names like AMD even in the absence of company‑specific bad news. Intel Slides 5%, AMD Drops 3%: The Semiconductor Sector Is at a Crossroads
• Negative Sentiment: High insider selling activity and large intraday volume are being flagged by data providers — these flows can amplify downward pressure and signal near‑term profit‑taking. $AMD stock is down 4% today. Here’s what we see in our data.
• Negative Sentiment: Media coverage noting AMD “dipped more than the broader market” and sector geopolitics/AI rotation contribute to short‑term investor caution. Why Advanced Micro Devices (AMD) Dipped More Than Broader Market Today

Advanced Micro Devices Trading Down 2.9%

Shares of AMD stock opened at $196.04 on Tuesday. The firm has a 50-day moving average price of $212.80 and a 200 day moving average price of $213.79. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08. The company has a market capitalization of $319.63 billion, a price-to-earnings ratio of 73.98, a PEG ratio of 0.76 and a beta of 1.98. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.21. The company had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The firm’s revenue for the quarter was up 34.1% compared to the same quarter last year. During the same period last year, the company earned $1.09 EPS. Research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Activity

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the transaction, the executive vice president owned 289,098 shares of the company’s stock, valued at $62,679,337.38. This represents a 6.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Lisa T. Su sold 85,000 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $198.77, for a total value of $16,895,450.00. Following the sale, the chief executive officer owned 3,146,006 shares in the company, valued at $625,331,612.62. This trade represents a 2.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 239,392 shares of company stock worth $50,016,383 in the last three months. 0.06% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on AMD shares. TD Cowen reiterated a “buy” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Roth Mkm restated a “buy” rating on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Benchmark reaffirmed a “buy” rating and issued a $325.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Micro Devices in a research report on Monday, December 29th. Finally, Wedbush reissued an “outperform” rating and set a $290.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $290.53.

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.