Twin Capital Management Inc. Grows Stock Holdings in Advanced Micro Devices, Inc. $AMD

Twin Capital Management Inc. grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1,295.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 18,075 shares of the semiconductor manufacturer’s stock after purchasing an additional 16,780 shares during the period. Twin Capital Management Inc.’s holdings in Advanced Micro Devices were worth $3,871,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AMD. Brighton Jones LLC grew its stake in Advanced Micro Devices by 178.2% during the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after buying an additional 29,438 shares during the period. Revolve Wealth Partners LLC grew its stake in Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after buying an additional 234 shares during the period. Sivia Capital Partners LLC grew its stake in Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after buying an additional 2,970 shares during the period. United Bank grew its stake in Advanced Micro Devices by 22.0% during the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock worth $1,881,000 after buying an additional 2,392 shares during the period. Finally, Schnieders Capital Management LLC. grew its stake in Advanced Micro Devices by 361.0% during the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock worth $1,310,000 after buying an additional 7,228 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Price Performance

Shares of AMD stock opened at $447.58 on Thursday. The company has a market capitalization of $729.82 billion, a PE ratio of 146.75, a price-to-earnings-growth ratio of 1.23 and a beta of 2.40. The firm has a fifty day simple moving average of $287.25 and a 200-day simple moving average of $243.95. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a twelve month low of $107.67 and a twelve month high of $469.21.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.08. The firm had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The firm’s quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.96 earnings per share. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Bank of America named AMD one of its “top AI chip stocks,” alongside Nvidia, and raised its server CPU market outlook sharply to $125 billion by 2030, signaling stronger long-term demand for AMD’s data center processors. BofA Picks Its ‘Top 2 AI Chip Stocks’ for the Agentic AI Boom
• Positive Sentiment: AMD announced it will invest more than $10 billion across Taiwan’s AI ecosystem, deepening partnerships and expanding advanced packaging and manufacturing capacity for next-generation AI infrastructure. AMD says it will invest over $10 billion across Taiwan’s AI ecosystem
• Positive Sentiment: The company said its 6th Gen EPYC “Venice” CPUs are ramping in production on TSMC’s 2nm process, a major validation of AMD’s product roadmap and a sign it is pushing ahead in AI and server CPUs. AMD Announces Production Ramp of Next-Generation AMD EPYC Processor “Venice” on TSMC 2nm Process Technology
• Positive Sentiment: AMD also introduced more details on its Helios rack-scale AI platform and MI450X roadmap, reinforcing the view that it is expanding beyond CPUs into broader AI infrastructure systems. AMD Announces More Than $10 Billion in Taiwan Ecosystem Investments to Accelerate AI Infrastructure
• Neutral Sentiment: Several analyst notes and commentary highlighted AMD’s strong run and higher price targets, which may support sentiment, but also suggest the stock is already pricing in a lot of optimism. AMD Goes Big on AI with New Chip Ramp and 10B Investment – What Investors Should Know
• Negative Sentiment: AMD continues to face a crowded-trade setup, with some market commentary warning that enthusiasm for AI semiconductors is becoming extended and that execution will need to remain strong to justify the rally. Nvidia, AMD Bulls Beware — Wall Street’s Most Crowded Trade Just Flashed A Sell Warning

Insider Activity at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 31,320 shares of the company’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $350.00, for a total value of $10,962,000.00. Following the sale, the executive vice president directly owned 1,236,037 shares of the company’s stock, valued at $432,612,950. This represents a 2.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 24,376 shares of the company’s 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 in the company, valued at $46,759,604.58. This represents a 18.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 309,598 shares of company stock valued at $105,644,316 over the last ninety days. Corporate insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on AMD. Northland Securities reiterated a “market perform” rating and set a $260.00 price objective on shares of Advanced Micro Devices in a research note on Monday, April 27th. UBS Group set a $310.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Mizuho upped their target price on shares of Advanced Micro Devices from $415.00 to $515.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Piper Sandler restated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Finally, Evercore restated an “outperform” rating and issued a $579.00 target price on shares of Advanced Micro Devices in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $410.00.

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.