Richard Bernstein Advisors LLC Has $2.71 Million Stake in Advanced Micro Devices, Inc. $AMD

Richard Bernstein Advisors LLC trimmed its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.9% during the 4th quarter, HoldingsChannel reports. The firm owned 12,662 shares of the semiconductor manufacturer’s stock after selling 1,386 shares during the quarter. Richard Bernstein Advisors LLC’s holdings in Advanced Micro Devices were worth $2,712,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AMD. HHM Wealth Advisors LLC raised its position in Advanced Micro Devices by 2.4% during the third quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock valued at $282,000 after buying an additional 40 shares during the period. James J. Burns & Company LLC boosted its position in 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 acquiring an additional 40 shares during the period. Wilmington Savings Fund Society FSB boosted its position in Advanced Micro Devices by 0.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock worth $1,409,000 after acquiring an additional 43 shares during the period. Moseley Investment Management Inc. grew its stake in Advanced Micro Devices by 0.5% during the 3rd quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock valued at $1,437,000 after acquiring an additional 44 shares in the last quarter. Finally, OneAscent Family Office LLC grew its stake in Advanced Micro Devices by 2.6% during the 3rd quarter. OneAscent Family Office LLC now owns 1,755 shares of the semiconductor manufacturer’s stock valued at $284,000 after acquiring an additional 44 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Q1 beat + bullish guidance: AMD reported stronger-than-expected Q1 results (EPS and revenue beat) and guided Q2 revenue above Street expectations, driven by an accelerating data‑center/AI demand cycle. AMD forecasts quarterly revenue above expectations — Reuters
• Positive Sentiment: Strong data‑center momentum and management commentary: Data‑center revenue jumped materially year‑over‑year and CEO Lisa Su highlighted accelerating AI/agent adoption as a driver of sustained CPU and GPU demand. AMD’s Su explains what’s behind massive forecast change — CNBC
• Positive Sentiment: Broad analyst upgrades and sharply higher price targets: Multiple firms raised ratings and targets after the quarter (Goldman, TD Cowen, Wells Fargo, Rosenblatt, etc.), which amplified buy-side momentum and reinforced upside expectations. Wall Street just piled into AMD: eight firms hike price targets — 247WallSt
• Positive Sentiment: Supply/partner wins (TSMC memory capacity): Reports of critical capacity/support from suppliers helped validate AMD’s ability to scale AI chip production, easing a key execution risk for hyperscaler orders. AMD surges on TSMC capacity win and strong earnings — Blockonomi
• Neutral Sentiment: Morgan Stanley raised its price target to $410 but kept an equal‑weight view — a vote of confidence on fundamentals but a cautious stance on valuation at current levels. Price Target Raised to $410 at Morgan Stanley — American Banking News
• Neutral Sentiment: JPMorgan raised its target (to $385) but maintained a neutral rating — some banks are tempering enthusiasm with valuation/near‑term positioning caveats. JPMorgan price target change — TickerReport
• Negative Sentiment: Profit‑taking by large active managers: ARK (Cathie Wood) trimmed AMD exposure, selling roughly $8M of shares — signals some funds are locking gains amid the recent rally. Cathie Wood sells AMD — Benzinga
• Negative Sentiment: Insider sales and technical/valuation cautions: Public filings show sizable insider/management sell activity and some analysts/market monitors flag stretched technicals (RSI) and elevated multiples — risks for short‑term pullbacks or volatility. Insider trading data — QuiverQuant RSI/technical caution — TipRanks

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on AMD shares. Morgan Stanley increased their price target on shares of Advanced Micro Devices from $360.00 to $410.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Benchmark boosted their price objective on shares of Advanced Micro Devices from $325.00 to $485.00 and gave the company a “buy” rating in a research report on Wednesday. Wall Street Zen upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Monday, January 26th. Barclays lifted their price objective on Advanced Micro Devices from $300.00 to $500.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, UBS Group set a $310.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average target price of $385.86.

Advanced Micro Devices Stock Up 18.4%

Shares of Advanced Micro Devices stock opened at $420.56 on Thursday. The stock has a 50 day moving average price of $240.09 and a two-hundred day moving average price of $230.52. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 12-month low of $96.88 and a 12-month high of $430.60. The stock has a market capitalization of $685.66 billion, a P/E ratio of 137.89, a PEG ratio of 1.26 and a beta of 2.40.

Advanced Micro Devices (NASDAQ:AMD) 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 for the quarter, compared to analyst estimates of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.68%. Advanced Micro Devices’s revenue was up 37.8% compared to the same quarter last year. During the same period last year, the business posted $0.96 EPS. Equities analysts expect that Advanced Micro Devices, Inc. will post 5.91 earnings per share for the current year.

Insider Activity

In related news, EVP Mark D. Papermaster sold 31,320 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the completion of the transaction, the executive vice president owned 1,236,037 shares of the company’s stock, valued at approximately $432,612,950. The trade was a 2.47% decrease in their position. The transaction was disclosed in a document filed 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 85,000 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were 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 of the company’s stock, valued at approximately $625,331,612.62. The trade was a 2.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 304,672 shares of company stock valued at $70,135,070 over the last three months. 0.50% of the stock is currently owned by 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.