2,302 Shares in Advanced Micro Devices, Inc. $AMD Acquired by PVG Asset Management Corp

PVG Asset Management Corp acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 2,302 shares of the semiconductor manufacturer’s stock, valued at approximately $493,000. Advanced Micro Devices comprises about 1.0% of PVG Asset Management Corp’s investment portfolio, making the stock its 29th largest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Impax Asset Management Group plc grew its stake in Advanced Micro Devices by 326.5% in the 3rd quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer’s stock worth $8,424,000 after acquiring an additional 39,861 shares during the period. Zweig DiMenna Associates LLC grew its stake in Advanced Micro Devices by 127.6% in the 3rd quarter. Zweig DiMenna Associates LLC now owns 72,602 shares of the semiconductor manufacturer’s stock worth $11,746,000 after acquiring an additional 40,708 shares during the period. Wedbush Securities Inc. grew its stake in shares of Advanced Micro Devices by 7.8% during the 3rd quarter. Wedbush Securities Inc. now owns 84,256 shares of the semiconductor manufacturer’s stock valued at $13,632,000 after buying an additional 6,095 shares during the period. Highline Wealth Partners LLC grew its stake in shares of Advanced Micro Devices by 4,891.6% during the 4th quarter. Highline Wealth Partners LLC now owns 8,286 shares of the semiconductor manufacturer’s stock valued at $1,775,000 after buying an additional 8,120 shares during the period. Finally, William Blair Investment Management LLC grew its stake in shares of Advanced Micro Devices by 72.5% during the 3rd quarter. William Blair Investment Management LLC now owns 1,047,200 shares of the semiconductor manufacturer’s stock valued at $169,426,000 after buying an additional 440,296 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Key Advanced Micro Devices News

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

• Positive Sentiment: Erste Group raised FY2027 and FY2026 EPS forecasts (material lift to forward earnings expectations), signaling stronger-than-expected revenue/AI traction ahead.
• Positive Sentiment: Large hyperscaler demand signal — disclosures point to a major Meta commitment (multi‑gigawatt deployment of AMD GPUs), which supports revenue visibility and reduces short‑term demand‑concentration risk. Meta Invests in AMD Chips
• Positive Sentiment: Product/catalyst runway — AMD announced its “Advancing AI 2026” developer event (July 23), a scheduled product roadmap showcase that could re‑accelerate sentiment if new Instinct GPUs/EPYC details impress. Advancing AI 2026 Announcement
• Neutral Sentiment: Insider sale by EVP Mark Papermaster: ~31,320 shares sold under a pre‑arranged Rule 10b5‑1 plan — reduces negative signal vs. opportunistic selling but attracts headline attention. Papermaster Sale
• Neutral Sentiment: Near‑term catalyst: Q1 earnings due May 5 — historically AMD has beaten, so results and management commentary on AI/data center demand will likely determine if today’s pullback is temporary. Earnings Preview
• Neutral Sentiment: Mixed analyst views: some firms reiterate neutral/hold (Citi) while others raise targets — this stabilizes expectations but keeps upside tied to execution. Citi Hold Note
• Negative Sentiment: OpenAI revenue/user shortfall sparked a sector selloff — reports that OpenAI missed internal targets raised fears about near‑term AI infrastructure spending and are the primary driver of today’s weakness for AMD and peers. OpenAI Shortfall
• Negative Sentiment: Analyst downgrade and profit‑taking — Northland cut AMD to Market Perform ($260 PT) and large institutional/ARK trimming after a rapid rally amplified selling pressure. Analyst Downgrade ARK Sells AMD

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $323.21 on Wednesday. The firm has a market cap of $526.94 billion, a PE ratio of 121.97, a price-to-earnings-growth ratio of 1.21 and a beta of 1.96. The firm’s 50-day simple moving average is $226.75 and its 200-day simple moving average is $226.58. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. Advanced Micro Devices, Inc. has a 1 year low of $91.87 and a 1 year high of $352.99.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results 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. The business had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The company’s revenue for the quarter was up 34.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.09 EPS. Equities analysts forecast that Advanced Micro Devices, Inc. will post 5.78 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AMD has been the subject of several research reports. Morgan Stanley lowered their price objective on shares of Advanced Micro Devices from $260.00 to $255.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 4th. UBS Group set a $310.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Piper Sandler reissued an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Wedbush reissued an “outperform” rating and set a $290.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Finally, Roth Mkm reissued a “buy” rating on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $295.46.

Insider Activity at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 85,000 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $198.77, for a total value of $16,895,450.00. Following the completion of the transaction, the chief executive officer directly owned 3,146,006 shares in the company, valued at $625,331,612.62. This trade represents a 2.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Paul Darren Grasby sold 7,500 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the completion of the transaction, the executive vice president owned 129,598 shares of the company’s stock, valued at $26,550,742.26. This trade represents a 5.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 304,672 shares of company stock worth $70,135,070. Company insiders own 0.50% of the company’s stock.

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.