Advanced Micro Devices, Inc. $AMD Shares Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 12.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 194,000 shares of the semiconductor manufacturer’s stock after acquiring an additional 21,500 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Advanced Micro Devices were worth $41,547,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Impax Asset Management Group plc grew its position in Advanced Micro Devices by 326.5% in the third quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer’s stock worth $8,424,000 after buying an additional 39,861 shares during the last quarter. Zweig DiMenna Associates LLC grew its position in Advanced Micro Devices by 127.6% in the third quarter. Zweig DiMenna Associates LLC now owns 72,602 shares of the semiconductor manufacturer’s stock worth $11,746,000 after buying an additional 40,708 shares during the last quarter. Wedbush Securities Inc. grew its position 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 worth $13,632,000 after buying an additional 6,095 shares during the last quarter. Highline Wealth Partners LLC grew its position in Advanced Micro Devices by 4,891.6% in the fourth quarter. Highline Wealth Partners LLC now owns 8,286 shares of the semiconductor manufacturer’s stock worth $1,775,000 after buying an additional 8,120 shares during the last quarter. Finally, William Blair Investment Management LLC grew its position in 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 worth $169,426,000 after buying an additional 440,296 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Trading Down 2.3%

Shares of NASDAQ:AMD opened at $448.29 on Wednesday. The firm has a fifty day moving average of $258.93 and a two-hundred day moving average of $236.36. The firm has a market capitalization of $730.98 billion, a P/E ratio of 146.98, a price-to-earnings-growth ratio of 1.41 and a beta of 2.40. Advanced Micro Devices, Inc. has a 12-month low of $107.67 and a 12-month high of $469.21. 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 (NASDAQ:AMD) last issued 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 company had revenue of $10.25 billion during 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 9.55%. The company’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same quarter last year, the business posted $0.96 EPS. On average, equities analysts expect that Advanced Micro Devices, Inc. will post 5.99 EPS for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 85,000 shares of Advanced Micro Devices stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $198.77, for a total transaction of $16,895,450.00. Following the completion of the sale, the chief executive officer owned 3,146,006 shares of the company’s stock, valued at $625,331,612.62. This trade represents a 2.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Paul Darren Grasby sold 24,376 shares of Advanced Micro Devices stock in a transaction on Friday, May 8th. The shares were sold at an average price of $444.39, for a total transaction of $10,832,450.64. Following the completion of the sale, the executive vice president directly owned 105,222 shares of the company’s stock, valued at approximately $46,759,604.58. The trade was a 18.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 184,598 shares of company stock valued at $49,955,566 in the last quarter. Company insiders own 0.50% 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: Mizuho boosted its AMD price target to $515 and said AI server demand remains a major tailwind. Mizuho Just Hiked AMD Price Target to $515: Agentic AI Server Demand Powers the Bull Case
• Positive Sentiment: Wall Street commentary remains upbeat after AMD’s strong Q1 earnings beat and rising data-center momentum, including AI deals with Meta and OpenAI. AMD MI450 AI Deals With Meta And OpenAI Test Rich Valuation
• Positive Sentiment: AMD continues to benefit from renewed investor enthusiasm for the AI chip trade, with shares near record highs and analysts arguing the CPU opportunity in AI is expanding. Intel, AMD, Qualcomm Stocks Rise as AI Chip Rally Reignites
• Neutral Sentiment: Northland Securities raised future earnings estimates for AMD but kept only a Market Perform rating and a much lower price target, reflecting ongoing debate about valuation.
• Neutral Sentiment: Multiple articles focused on AMD’s recent run-up and heavy investor attention, suggesting momentum is strong but also making the stock vulnerable to volatility.
• Negative Sentiment: Several reports said the broader semiconductor rally cooled as investors took profits after a strong move, which pressured AMD along with other chip stocks.
• Negative Sentiment: Recent insider selling, including a share sale by EVP Paul Darren Grasby, and continued selling by other AMD insiders may be adding caution after the stock’s sharp rally.

Analyst Ratings Changes

AMD has been the topic of several research analyst reports. Roth Mkm reiterated a “buy” rating and set a $500.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, May 6th. Stifel Nicolaus lifted their price objective on shares of Advanced Micro Devices from $320.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price objective on shares of Advanced Micro Devices from $270.00 to $385.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Weiss Ratings upgraded shares of Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Finally, UBS Group set a $310.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $391.54.

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.