Formidable Asset Management LLC Purchases 5,902 Shares of Advanced Micro Devices, Inc. $AMD

Formidable Asset Management LLC grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 28.7% during the 4th quarter, HoldingsChannel reports. The firm owned 26,440 shares of the semiconductor manufacturer’s stock after acquiring an additional 5,902 shares during the quarter. Advanced Micro Devices comprises about 0.8% of Formidable Asset Management LLC’s investment portfolio, making the stock its 26th biggest position. Formidable Asset Management LLC’s holdings in Advanced Micro Devices were worth $5,662,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in AMD. Vanguard Group Inc. boosted its stake in Advanced Micro Devices by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 155,997,751 shares of the semiconductor manufacturer’s stock valued at $25,238,876,000 after purchasing an additional 1,348,892 shares during the period. State Street Corp grew its holdings in Advanced Micro Devices by 2.4% in 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 buying an additional 1,755,182 shares during the last quarter. Amundi increased its position in Advanced Micro Devices by 17.5% in the 3rd quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer’s stock worth $2,181,937,000 after buying an additional 2,012,865 shares during the period. Invesco Ltd. lifted its holdings in shares of Advanced Micro Devices by 6.5% during the third quarter. Invesco Ltd. now owns 13,348,413 shares of the semiconductor manufacturer’s stock worth $2,159,640,000 after buying an additional 813,844 shares during the last quarter. Finally, Legal & General Group Plc lifted its holdings in shares of Advanced Micro Devices by 1.7% during the third quarter. Legal & General Group Plc now owns 11,579,113 shares of the semiconductor manufacturer’s stock worth $1,873,385,000 after buying an additional 191,590 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices News Summary

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

• Positive Sentiment: March Steam Hardware Survey shows gains for AMD’s CPU and GPU share, supporting investor confidence in AMD’s consumer and gaming demand. TipRanks: AMD Stock Jumps Alongside Gains In the March 2026 Steam Hardware Survey
• Positive Sentiment: Wells Fargo added AMD to its Q2 Tactical Ideas List with an overweight stance and a high price target, which boosts institutional demand expectations ahead of earnings. Wall Street Flags Advanced Micro Devices as a Buy Before Earnings
• Positive Sentiment: Strategic partnerships (recently highlighted in buy‑side coverage) — the NAVER Cloud tie and broader collaborations with Samsung — strengthen AMD’s roadmap for AI/data‑center CPUs and accelerators and help secure memory/foundry supply. Advanced Micro Devices (AMD): Among the Stocks That Can Make You Richer in 2026
• Positive Sentiment: Broker upgrade: Erste Group raised AMD from Hold to Buy, adding fresh sell‑side momentum. Upgrades can trigger flows from model‑driven funds and momentum traders. Finviz: Erste Group Upgrade
• Positive Sentiment: Reports that hedge funds (e.g., D. E. Shaw) are building positions provide evidence of continued institutional accumulation. MSN: D. E. Shaw Is Loading Up on AMD
• Neutral Sentiment: AMD is a meaningful holding in several AI‑focused ETFs, which can amplify inflows when AI ETFs rally but also expose AMD to ETF‑level selling. MarketBeat: 3 AI ETFs That Let You Invest in the Entire AI Boom at Once
• Neutral Sentiment: Several bullish research pieces (Zacks, MarketBeat coverage) reiterate momentum/growth narratives for AMD; useful for sentiment but already baked into premium multiples. Zacks: Why AMD Is a Top Momentum Stock
• Neutral Sentiment: Reports that Ray Dalio trimmed his AMD stake are notable for headlines but represent a small portfolio move relative to overall institutional ownership. Yahoo: Ray Dalio Trims Stake
• Negative Sentiment: Cathie Wood’s firm sold roughly 57k AMD shares, which can pressure sentiment among retail/income‑sensitive strategies even if the size is modest. Barchart: Cathie Wood Ditches 57K AMD Shares
• Negative Sentiment: Geopolitical risk: Trump’s Iran remarks and related supply‑chain concerns briefly sparked a chip‑sector sell‑off earlier, creating headline‑driven volatility for AMD and peers. That risk can cause intra‑day whipsaw even as company fundamentals look strong. InvestorPlace: Trump’s Iran Update Spikes Volatility

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the sale, the executive vice president directly owned 289,098 shares in the company, valued at approximately $62,679,337.38. This represents a 6.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total value of $26,795,000.00. Following the completion of the sale, the chief executive officer owned 3,152,476 shares in the company, valued at approximately $675,764,755.36. This represents a 3.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 239,392 shares of company stock worth $50,016,383. 0.06% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Company restated an “overweight” rating and issued a $345.00 price objective on shares of Advanced Micro Devices in a research note on Friday, January 30th. Wall Street Zen upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Monday, January 26th. Piper Sandler reissued an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Evercore restated an “outperform” rating and issued a $358.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Advanced Micro Devices in a report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $290.53.

Advanced Micro Devices Trading Up 3.5%

Shares of Advanced Micro Devices stock opened at $217.50 on Friday. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $267.08. The firm has a market capitalization of $354.60 billion, a PE ratio of 82.08, a price-to-earnings-growth ratio of 0.79 and a beta of 1.96. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01. The company’s fifty day moving average price is $210.71 and its two-hundred day moving average price is $214.10.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The company had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. During the same period last year, the firm earned $1.09 EPS. The firm’s revenue for the quarter was up 34.1% compared to the same quarter last year. On average, analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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.