Jacobs & Co. CA lowered its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 3.0% in the fourth quarter, HoldingsChannel reports. The firm owned 97,229 shares of the semiconductor manufacturer’s stock after selling 3,014 shares during the quarter. Advanced Micro Devices makes up approximately 2.0% of Jacobs & Co. CA’s holdings, making the stock its 10th biggest holding. Jacobs & Co. CA’s holdings in Advanced Micro Devices were worth $20,822,000 as of its most recent filing with the SEC.
Several other large investors have also recently added to or reduced their stakes in AMD. HHM Wealth Advisors LLC grew its stake in shares of Advanced Micro Devices by 2.4% in the third quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock worth $282,000 after acquiring an additional 40 shares in the last quarter. HBK Sorce Advisory LLC raised its stake in shares of Advanced Micro Devices by 0.3% in the third quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer’s stock valued at $2,169,000 after acquiring an additional 43 shares in the last quarter. Wilmington Savings Fund Society FSB raised its stake in shares of Advanced Micro Devices by 0.5% in the third quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock valued at $1,409,000 after acquiring an additional 43 shares in the last quarter. Moseley Investment Management Inc. boosted its holdings in Advanced Micro Devices by 0.5% in the third quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock valued at $1,437,000 after purchasing an additional 44 shares during the period. Finally, OneAscent Family Office LLC grew its stake in Advanced Micro Devices by 2.6% during the 3rd quarter. OneAscent Family Office LLC now owns 1,755 shares of the semiconductor manufacturer’s stock worth $284,000 after purchasing an additional 44 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.
Advanced Micro Devices Trading Up 1.6%
AMD opened at $199.46 on Thursday. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The company has a market cap of $325.20 billion, a P/E ratio of 75.27, a PEG ratio of 0.74 and a beta of 1.98. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. The business’s 50-day simple moving average is $215.10 and its 200-day simple moving average is $210.79.
Insider Activity at Advanced Micro Devices
In related news, CEO Lisa T. Su sold 85,000 shares of the stock in a transaction 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 transaction, the chief executive officer directly owned 3,146,006 shares of the company’s stock, valued at $625,331,612.62. This trade represents a 2.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Paul Darren Grasby sold 7,500 shares of the stock in a transaction 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 directly owned 129,598 shares in the company, 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. Insiders sold a total of 239,392 shares of company stock worth $50,016,383 in the last ninety days. Company insiders own 0.06% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on AMD shares. Wedbush restated an “outperform” rating and set a $290.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Wall Street Zen raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 26th. The Goldman Sachs Group upped their target price on shares of Advanced Micro Devices from $210.00 to $240.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 25th. UBS Group set a $310.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Finally, Evercore reiterated an “outperform” rating and issued a $358.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $290.53.
Key Stories Impacting Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Samsung MOU expands AMD’s AI supply chain — Samsung and AMD signed a memorandum of understanding to supply next‑generation HBM4 memory for AMD’s Instinct MI455X accelerators and discuss DDR5 for EPYC CPUs and a potential foundry partnership, reducing a key AI‑memory bottleneck and improving AMD’s supply flexibility. Samsung Elec and AMD sign MoU on AI memory, explore foundry partnership
- Positive Sentiment: New AI platform partnership (Helios) with Celestica — AMD and Celestica unveiled an open‑standard, rack‑scale “Helios” AI platform for hyperscale deployments, which reinforces AMD’s strategy to win hyperscaler design wins and broadens its ecosystem for data‑center AI infrastructure. Advanced Micro Devices Inc. (AMD) and Celestica Bring Open-Standard ‘Helios’ AI Platform to Market
- Positive Sentiment: Product momentum: Ryzen AI refresh and PC chip lineup expansion — AMD broadened its Ryzen AI 400 Series for desktop and commercial PCs and reports of a Ryzen CPU refresh leaked recently, supporting near‑term demand and positive sentiment around AMD’s silicon roadmap. How AMD Expanded Its Ryzen AI PC Push With New Desktop and Commercial Chips AMD Stock Jumps on a Ryzen CPU Refresh Leak
- Neutral Sentiment: Market context: AMD outperforming broader decline — Coverage notes AMD rose while broader markets fell, reflecting the market’s focus on AI exposure; this is sentiment‑driven and may persist while headlines flow. Advanced Micro Devices (AMD) Advances While Market Declines
- Neutral Sentiment: Analyst and narrative coverage mixed — Some bullish reads from conference commentary (Nvidia GTC coverage positioning AMD as an alternative) coexist with cautious analyst stance (RBC reaffirmed sector‑perform), so analyst moves may not be a clear near‑term catalyst. The Nvidia GTC Has Been Very Bullish For AMD Royal Bank Of Canada Reaffirms “Sector Perform” Rating for AMD
- Negative Sentiment: Competitive and supply‑chain headwinds remain — Nvidia’s resumption of H200 production for China and continued full‑stack efforts highlight tough competition in AI accelerators; AMD’s gains depend on execution, supply, and whether hyperscalers adopt its alternatives at scale. Nvidia Restarts H200 Production for China After Securing Multiple Licenses
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.
See Also
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