Vista Cima Wealth Management LLC Makes New $331,000 Investment in Advanced Micro Devices, Inc. $AMD

Vista Cima Wealth Management LLC bought a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the fourth quarter, HoldingsChannel.com reports. The fund bought 1,546 shares of the semiconductor manufacturer’s stock, valued at approximately $331,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Joseph Group Capital Management purchased a new position in shares of Advanced Micro Devices during the fourth quarter valued at $25,000. Koesten Hirschmann & Crabtree INC. raised its holdings in shares of Advanced Micro Devices by 61.0% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 61 shares in the last quarter. Sarver Vrooman Wealth Advisors bought a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $27,000. Basepoint Wealth LLC bought a new stake in shares of Advanced Micro Devices in the fourth quarter valued at about $30,000. Finally, Aviso Financial Inc. raised its holdings in shares of Advanced Micro Devices by 400.0% in the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after acquiring an additional 160 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling

In other Advanced Micro Devices news, Director Nora Denzel sold 8,626 shares of Advanced Micro Devices stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total value of $4,502,772.00. Following the transaction, the director owned 87,173 shares in the company, valued at $45,504,306. The trade was a 9.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Forrest Eugene Norrod sold 19,487 shares of Advanced Micro Devices stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total value of $8,406,691.80. Following the completion of the transaction, the executive vice president owned 324,527 shares in the company, valued at $140,000,947.80. This trade represents a 5.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 339,532 shares of company stock valued at $119,504,341 over the last three months. Corporate insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets

AMD has been the subject of several recent research reports. Truist Financial set a $478.00 price objective on Advanced Micro Devices in a report on Wednesday, May 6th. TD Cowen lifted their price objective on Advanced Micro Devices from $500.00 to $600.00 and gave the company a “buy” rating in a report on Monday. Mizuho lifted their price objective on Advanced Micro Devices from $515.00 to $615.00 and gave the company an “outperform” rating in a report on Monday. BTIG Research upgraded Advanced Micro Devices to a “buy” rating in a report on Wednesday, May 6th. Finally, KeyCorp lifted their price objective on Advanced Micro Devices from $330.00 to $530.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $419.86.

Advanced Micro Devices Price Performance

AMD opened at $523.20 on Friday. The business’s 50-day moving average is $353.43 and its two-hundred day moving average is $263.57. Advanced Micro Devices, Inc. has a 1 year low of $114.71 and a 1 year high of $546.44. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96. The firm has a market capitalization of $853.13 billion, a PE ratio of 171.54, a price-to-earnings-growth ratio of 1.60 and a beta of 2.50.

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 the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The company had revenue of $10.25 billion for the quarter, compared to analyst estimates of $9.90 billion. During the same quarter in the previous year, the firm earned $0.96 earnings per share. The firm’s quarterly revenue was up 37.8% compared to the same quarter last year. 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: Barclays raised its price target on AMD to $665, citing rising CPU demand tied to expanding agentic AI and continued strength in AMD’s AI infrastructure exposure.
• Positive Sentiment: TSMC said AI chip demand is likely to outstrip supply for years, reinforcing the bullish backdrop for chipmakers like AMD that benefit from sustained data-center and AI spending.
• Positive Sentiment: Recent commentary has highlighted strong investor and analyst support for AMD after its latest earnings beat, with revenue growth still running well above year-ago levels.
• Neutral Sentiment: Several articles noted AMD’s strong multi-week rally and trading near highs, but also warned the stock may be overbought, which can lead to near-term volatility.
• Negative Sentiment: Broadcom’s softer-than-expected AI guidance sparked a sell-off across AI-linked chip stocks, dragging AMD lower as traders questioned whether AI spending is accelerating as fast as hoped.
• Negative Sentiment: Zacks Research downgraded AMD from strong-buy to hold, adding to pressure alongside reports that Cathie Wood’s ARK funds trimmed AMD while increasing Nvidia exposure.

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.