Davies Financial Advisors Inc. Has $1.68 Million Stake in Advanced Micro Devices, Inc. $AMD

Davies Financial Advisors Inc. cut its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 39.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 7,841 shares of the semiconductor manufacturer’s stock after selling 5,212 shares during the period. Advanced Micro Devices comprises 3.1% of Davies Financial Advisors Inc.’s portfolio, making the stock its 8th biggest holding. Davies Financial Advisors Inc.’s holdings in Advanced Micro Devices were worth $1,679,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of AMD. ORG Wealth Partners LLC grew its stake in Advanced Micro Devices by 39.7% in the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 46 shares in the last quarter. Koesten Hirschmann & Crabtree INC. grew its stake in 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 purchasing an additional 61 shares in the last quarter. Aviso Financial Inc. grew its stake in 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 purchasing an additional 160 shares in the last quarter. Delos Wealth Advisors LLC grew its stake in Advanced Micro Devices by 100.0% in the third quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after purchasing an additional 100 shares in the last quarter. Finally, Signature Resources Capital Management LLC grew its stake in Advanced Micro Devices by 170.4% in the third quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer’s stock valued at $35,000 after purchasing an additional 138 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Wedbush restated an “outperform” rating and issued a $290.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Rosenblatt Securities restated a “buy” rating and issued a $300.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Wells Fargo & Company restated an “overweight” rating and issued a $345.00 price target on shares of Advanced Micro Devices in a research note on Friday, January 30th. Erste Group Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Finally, Stifel Nicolaus raised their price target on Advanced Micro Devices from $280.00 to $320.00 and gave the company a “buy” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $292.14.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Stifel raised its price target on AMD to $320 (from $280) and kept a Buy rating, signaling continued analyst conviction in AI-driven revenue upside. Stifel Raises AMD Target to $320
• Positive Sentiment: Analysts highlight an AI-driven “CPU renaissance” that should boost demand for AMD’s CPUs alongside Arm and Intel, implying sustained secular tailwinds for AMD’s data-center product cycles. AI-Driven ‘CPU Renaissance’ To Boost AMD
• Positive Sentiment: AMD plans to deepen collaboration with France to support national AI strategy — a strategic partnership that can expand government and hyperscaler opportunities in Europe. AMD to Deepen Collaboration with France
• Positive Sentiment: Multiple bullish think-pieces and investment themes (Fool, Zacks) reinforce the narrative that AMD is a core AI-infrastructure play and a growth stock to watch as AI spending accelerates. If I Had $10,000 to Put Into AI Stocks Right Now
• Neutral Sentiment: Reports that AMD activity around the Instinct MI500 boosted GlobalFoundries (GFS) shares highlight ecosystem competition and supply-chain dynamics; could be positive for AMD execution but mostly affects partner sentiment. AMD Boosts GlobalFoundries Stock
• Neutral Sentiment: Zacks pieces noting AMD as a strong growth and trending stock reflect investor interest but do not present new fundamental catalysts; useful context for momentum investors. Here’s Why AMD Is a Strong Growth Stock
• Negative Sentiment: Two insider filings show an AMD executive sold roughly $8.99M of stock in separate transactions, which can raise short-term selling pressure or investor caution about near-term sentiment. EVP Sells $7,454,975 in Stock EVP Sells $1,533,240 in Stock
• Negative Sentiment: Seeking Alpha published a downgrade-style note advising caution and suggesting investors shouldn’t chase the rally, which can amplify profit-taking given AMD’s high valuation. AMD: Don’t Chase Now (Downgrade)

Advanced Micro Devices Stock Performance

AMD opened at $274.95 on Tuesday. Advanced Micro Devices, Inc. has a 12-month low of $83.75 and a 12-month high of $287.61. The stock has a market cap of $448.26 billion, a price-to-earnings ratio of 103.75, a PEG ratio of 1.03 and a beta of 1.96. The business has a 50 day moving average of $213.79 and a 200-day moving average of $222.11. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company had revenue of $10.27 billion during the quarter, compared to analysts’ expectations of $9.65 billion. During the same period last year, the firm posted $1.09 earnings per share. The business’s revenue was up 34.1% on a year-over-year basis. On average, equities research analysts expect that Advanced Micro Devices, Inc. will post 5.75 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the completion of the sale, the executive vice president directly owned 289,098 shares of the company’s stock, valued at approximately $62,679,337.38. This trade represents a 6.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Mark D. Papermaster sold 27,109 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $275.00, for a total value of $7,454,975.00. Following the sale, the executive vice president directly owned 1,267,357 shares of the company’s stock, valued at approximately $348,523,175. The trade was a 2.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 273,352 shares of company stock valued at $59,173,070. Corporate insiders own 0.50% of the company’s stock.

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.