Fulcrum Wealth Advisors LLC bought a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) during the fourth quarter, Holdings Channel reports. The firm bought 1,650 shares of the semiconductor manufacturer’s stock, valued at approximately $353,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Joseph Group Capital Management acquired a new stake in shares of Advanced Micro Devices in the 4th quarter worth about $25,000. ORG Wealth Partners LLC grew its position in Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 46 shares in the last quarter. Koesten Hirschmann & Crabtree INC. grew its position in Advanced Micro Devices by 61.0% in the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 61 shares in the last quarter. Aviso Financial Inc. grew its position in Advanced Micro Devices by 400.0% in the 3rd quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after purchasing an additional 160 shares in the last quarter. Finally, Delos Wealth Advisors LLC grew its position in Advanced Micro Devices by 100.0% in the 3rd quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.
Insider Activity at Advanced Micro Devices
In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the completion of the transaction, the executive vice president directly owned 289,098 shares of the company’s stock, valued at $62,679,337.38. This represents a 6.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the transaction, the chief executive officer directly owned 3,152,476 shares of the company’s stock, valued at $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. Insiders sold 304,672 shares of company stock valued at $70,135,070 over the last quarter. 0.50% of the stock is currently owned by insiders.
Key Advanced Micro Devices News
- Positive Sentiment: Major customer and partner traction in AI/data center deployments supports revenue growth prospects — Zyphra announced Zyphra Cloud powered by AMD Instinct MI355X GPUs, which validates demand for AMD accelerators. Zyphra and AMD Partner to Power Zyphra Cloud on AMD Instinct™ MI355X GPUs
- Positive Sentiment: Expanded commercial footprint with data-center customers — reports show AMD doubled a data-center deal in the Denver area, signaling more capacity commitments that could lift Data Center revenue if supply keeps pace. AMD doubles data center footprint in deal with Denver-area company
- Positive Sentiment: Analysts and previews expect strong Data Center results driven by EPYC/Instinct demand — previews highlight the potential for Q1 upside from AI-driven server and GPU sales. Can Strong Data Center Revenues Boost AMD’s Topline in Q1 Earnings?
- Neutral Sentiment: Big earnings event and macro calendar — AMD reports Q1 after the close tomorrow; broad market and Fed speakers mean higher event-driven volatility and options-implied moves are pricing that in. AMD and Pfizer earnings, job openings, Fedspeak: What to Watch
- Neutral Sentiment: Options/volatility and investor positioning are elevated — traders are pricing a large post-earnings move, making short-term swings likely regardless of results. AMD Stock Options Traders Are Pricing In a Whopping $55B Price Swing after Earnings
- Negative Sentiment: Analyst downgrade and valuation concerns pressured the stock — HSBC cut AMD to Hold citing limited upside after a big rally, prompting selling into the earnings run-up. AMD stock slips as HSBC downgrade flags valuation concerns ahead of earnings
- Negative Sentiment: Supply-chain and production limits are a near-term cap on upside — in-depth coverage warns CoWoS packaging bottlenecks and high multiples increase downside risk if AMD can’t quickly scale shipments. The Great Chip Divide: AI Chip War Pivots from Hype to Execution (MarketBeat overview)
- Negative Sentiment: Notable insider/investor selling adds selling pressure — high-profile trims (including institutional moves and reported sales by some investors) feed concerns about near-term profit-taking. Cathie Wood Sheds Over $70M in AMD Stock, While Wall Street Remains Divided Ahead of Q1 Results
Analyst Ratings Changes
A number of equities research analysts have issued reports on AMD shares. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research report on Monday, February 2nd. Phillip Securities raised shares of Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Erste Group Bank raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. DA Davidson raised shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $220.00 to $375.00 in a research report on Friday, April 24th. Finally, Wall Street Zen raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average target price of $303.84.
Advanced Micro Devices Stock Down 5.3%
Advanced Micro Devices stock opened at $341.54 on Tuesday. Advanced Micro Devices, Inc. has a twelve month low of $96.88 and a twelve month high of $362.79. The firm has a 50 day moving average price of $232.51 and a 200-day moving average price of $228.39. The company has a market capitalization of $556.83 billion, a P/E ratio of 128.88, a P/E/G ratio of 1.30 and a beta of 2.40. 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 – Get Free Report) last released its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating 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 firm had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. During the same period in the prior year, the firm earned $1.09 EPS. The company’s revenue was up 34.1% compared to the same quarter last year. As a group, equities analysts predict that Advanced Micro Devices, Inc. will post 5.82 EPS for the current year.
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.
Featured Stories
Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report).
Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.
