Valtinson Bruner Financial Planning LLC Makes New Investment in Advanced Micro Devices, Inc. $AMD

Valtinson Bruner Financial Planning LLC purchased a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 7,112 shares of the semiconductor manufacturer’s stock, valued at approximately $1,523,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Advanced Micro Devices by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock valued at $33,949,256,000 after acquiring an additional 2,525,109 shares during the last quarter. State Street Corp raised its position in Advanced Micro Devices by 2.4% during the 3rd quarter. State Street Corp now owns 73,824,441 shares of the semiconductor manufacturer’s stock valued at $11,944,056,000 after purchasing an additional 1,755,182 shares during the last quarter. Amundi raised its position in Advanced Micro Devices by 17.5% during the 3rd quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer’s stock valued at $2,181,937,000 after purchasing an additional 2,012,865 shares during the last quarter. Invesco Ltd. raised its position in Advanced Micro Devices by 6.5% during the 3rd quarter. Invesco Ltd. now owns 13,348,413 shares of the semiconductor manufacturer’s stock valued at $2,159,640,000 after purchasing an additional 813,844 shares during the last quarter. Finally, Legal & General Group Plc raised its position in Advanced Micro Devices by 1.7% during the 3rd quarter. Legal & General Group Plc now owns 11,579,113 shares of the semiconductor manufacturer’s stock valued at $1,873,385,000 after purchasing an additional 191,590 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices News Summary

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

• Positive Sentiment: AMD continues to draw bullish attention after reporting strong Q1 results, including 38% revenue growth and 57% year-over-year growth in its data center segment, reinforcing the view that AI and server chips are driving the stock higher. Article Title
• Positive Sentiment: Multiple articles highlight AMD as a possible future trillion-dollar semiconductor company, with analysts pointing to major AI catalysts and continued upside in the company’s CPU and accelerator roadmap. Article Title
• Positive Sentiment: Wall Street optimism remains elevated, with analyst coverage still leaning bullish and recent price-target hikes underscoring expectations for more gains as AI infrastructure spending broadens beyond Nvidia. Article Title
• Positive Sentiment: AMD also gained support from a broader AI-chip rally, as investors rotated into semiconductor names on improving market sentiment and rising demand for AI infrastructure hardware. Article Title
• Neutral Sentiment: Some coverage notes that AMD has already had a very large rally, which may limit near-term upside even though the long-term fundamentals remain constructive. Article Title
• Neutral Sentiment: Ark Invest’s continued selling of AMD shares is a mild sentiment headwind, but it does not appear to outweigh the broader bullish AI narrative. Article Title

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $503.89 on Wednesday. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $821.64 billion, a P/E ratio of 165.21, a PEG ratio of 1.37 and a beta of 2.40. The stock’s 50 day moving average is $309.03 and its 200 day moving average is $250.05. Advanced Micro Devices, Inc. has a twelve month low of $108.62 and a twelve month high of $506.96.

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

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $445.51, for a total transaction of $55,688,750.00. Following the sale, the chief executive officer directly owned 3,021,899 shares in the company, valued at approximately $1,346,286,223.49. This trade represents a 3.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 24,376 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $444.39, for a total value of $10,832,450.64. Following the sale, the executive vice president owned 105,222 shares in the company, valued at approximately $46,759,604.58. This represents a 18.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 329,085 shares of company stock valued at $114,051,007. 0.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have commented on AMD shares. Zacks Research raised Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. Truist Financial set a $478.00 price target on Advanced Micro Devices in a research report on Wednesday, May 6th. UBS Group set a $310.00 price target on Advanced Micro Devices in a research report on Wednesday, February 4th. Rosenblatt Securities upped their price target on Advanced Micro Devices from $300.00 to $490.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Barclays upped their price target on Advanced Micro Devices from $300.00 to $500.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus price target of $410.00.

Advanced Micro Devices Company 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.