Peak Retirement Planning Inc. Invests $221,000 in Advanced Micro Devices, Inc. $AMD

Peak Retirement Planning Inc. purchased a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,031 shares of the semiconductor manufacturer’s stock, valued at approximately $221,000.

A number of other hedge funds have also added to or reduced their stakes in AMD. Norges Bank bought a new stake in Advanced Micro Devices during the fourth quarter worth $4,929,312,000. Jennison Associates LLC increased its stake in shares of Advanced Micro Devices by 181.6% in the 4th quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock valued at $2,336,552,000 after purchasing an additional 7,035,991 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of Advanced Micro Devices by 335.9% during the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock worth $784,330,000 after buying an additional 3,735,807 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Advanced Micro Devices by 104.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer’s stock worth $1,283,096,000 after buying an additional 3,059,935 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Advanced Micro Devices by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock worth $33,949,256,000 after buying an additional 2,525,109 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Rosenblatt Securities raised their price objective on Advanced Micro Devices from $300.00 to $490.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada increased their target price on shares of Advanced Micro Devices from $325.00 to $400.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 6th. Morgan Stanley raised their price target on shares of Advanced Micro Devices from $360.00 to $410.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Citigroup lifted their price target on shares of Advanced Micro Devices from $358.00 to $460.00 and gave the company a “neutral” rating in a report on Monday, May 18th. Finally, Stifel Nicolaus upped their price objective on shares of Advanced Micro Devices from $320.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $419.86.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 31,320 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $350.00, for a total value of $10,962,000.00. Following the completion of the transaction, the executive vice president directly owned 1,236,037 shares in the company, valued at approximately $432,612,950. This represents a 2.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $445.51, for a total transaction of $55,688,750.00. Following the transaction, the chief executive officer directly owned 3,021,899 shares of the company’s stock, valued at $1,346,286,223.49. The trade was a 3.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 339,532 shares of company stock worth $119,504,341. 0.50% of the stock is currently owned by insiders.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD remains a beneficiary of the AI-driven chip rally, with investors encouraged by demand for its data-center CPUs and Instinct accelerators, plus the new 2nm EPYC Venice production ramp that supports future revenue growth. Why Advanced Micro Devices (AMD) Is Up 10.4% After Launching 2nm EPYC Venice Production
• Positive Sentiment: AMD CFO Jean Hu said “agentic AI” is driving significant CPU demand, reinforcing the view that AI is creating a durable growth tailwind for AMD’s server business. AMD CFO Jean Hu Says Agentic AI Has Driven ‘Significant Demand’ for CPUs
• Positive Sentiment: Wall Street commentary remains constructive, with at least one analyst upgrading AMD to Strong Buy on the thesis that surging AI inference demand could expand AMD’s share in data-center AI workloads. AMD: The Case Has Changed, Time To Be Bullish (Rating Upgrade)
• Positive Sentiment: Sector enthusiasm is also helping AMD, as chip stocks rallied broadly and the SOX index reached a record high, lifting sentiment across AI semiconductors. Marvell, AMD Rally, Lead Chip Stocks To Record High
• Neutral Sentiment: Recent conference and market coverage has highlighted AMD’s strong AI narrative, but some investors are watching valuation closely as the stock trades near record highs and technical indicators suggest it may be overbought. AMD Trades Close to 52-Week High: Buy, Sell or Hold the Stock?
• Negative Sentiment: Insider sales by director Nora Denzel may temper sentiment a bit, since the transactions can be read as profit-taking after a steep run-up in AMD shares. SEC Form 4 filing
• Negative Sentiment: Competition remains a risk, especially after Nvidia’s new PC-chip push renewed concerns about share loss in adjacent markets and intensified the AI-chip arms race. NVIDIA Sends Message With RTX Spark: This is What It Says

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $542.52 on Thursday. The firm has a market capitalization of $884.63 billion, a price-to-earnings ratio of 177.88, a PEG ratio of 1.53 and a beta of 2.50. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The business’s 50-day moving average price is $347.08 and its 200-day moving average price is $261.63. Advanced Micro Devices, Inc. has a 12 month low of $114.71 and a 12 month high of $546.44.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data 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. The company had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The firm’s revenue was up 37.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.96 earnings per share. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 6.2 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.