Weaver Consulting Group Takes $246,000 Position in Advanced Micro Devices, Inc. $AMD

Weaver Consulting Group acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the fourth quarter, Holdings Channel.com reports. The firm acquired 1,151 shares of the semiconductor manufacturer’s stock, valued at approximately $246,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Impax Asset Management Group plc increased its position in shares of Advanced Micro Devices by 326.5% in the third quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer’s stock valued at $8,424,000 after buying an additional 39,861 shares in the last quarter. Jefferies Financial Group Inc. boosted its stake in shares of Advanced Micro Devices by 6,228.8% in the fourth quarter. Jefferies Financial Group Inc. now owns 308,021 shares of the semiconductor manufacturer’s stock worth $65,966,000 after acquiring an additional 303,154 shares during the last quarter. Williamson Legacy Group LLC acquired a new stake in shares of Advanced Micro Devices in the fourth quarter worth approximately $1,118,000. Thoroughbred Financial Services LLC boosted its stake in shares of Advanced Micro Devices by 8.8% in the fourth quarter. Thoroughbred Financial Services LLC now owns 32,827 shares of the semiconductor manufacturer’s stock worth $7,030,000 after acquiring an additional 2,654 shares during the last quarter. Finally, Zweig DiMenna Associates LLC boosted its stake in shares of Advanced Micro Devices by 127.6% in the third 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 last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Up 4.6%

Shares of AMD opened at $518.09 on Friday. Advanced Micro Devices, Inc. has a 52-week low of $108.62 and a 52-week high of $527.20. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. The stock has a fifty day simple moving average of $321.45 and a two-hundred day simple moving average of $253.87. The company has a market capitalization of $844.80 billion, a PE ratio of 169.87, a price-to-earnings-growth ratio of 1.46 and a beta of 2.40.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The firm had revenue of $10.25 billion during the quarter, compared to analyst estimates of $9.90 billion. During the same quarter in the prior year, the firm posted $0.96 earnings per share. Advanced Micro Devices’s quarterly revenue was up 37.8% on a year-over-year basis. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 6.2 EPS for the current year.

Insider Activity

In related news, EVP Forrest Eugene Norrod sold 19,487 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total value of $8,406,691.80. Following the completion of the sale, the executive vice president owned 324,527 shares of the company’s stock, valued at approximately $140,000,947.80. This represents a 5.66% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 company’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 3,021,899 shares of the company’s stock, valued at $1,346,286,223.49. This represents 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. Over the last three months, insiders sold 329,085 shares of company stock worth $114,051,007. Company insiders own 0.50% of the company’s stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: Multiple recent articles argue AMD still has upside after its strong post-earnings run, citing continued demand for EPYC CPUs, Instinct GPUs, and the company’s growing role in AI infrastructure. Article Title
• Positive Sentiment: AMD was highlighted as a potential leader in the AI buildout, with commentary saying the stock’s bullish setup may still have room to run despite already sharp gains. Article Title
• Positive Sentiment: AMD’s AI ecosystem received another boost after Rocket One joined the AMD AI Developer Program, reinforcing the company’s effort to attract developers and expand its AI platform reach. Article Title
• Positive Sentiment: Several analysts and commentary pieces were upbeat on AMD’s long-term market opportunity, with price-target increases and upgrades suggesting Wall Street sees room for further earnings growth. Article Title
• Neutral Sentiment: Cathie Wood’s ARK funds trimmed AMD holdings and redirected capital into Cerebras, which may have prompted some investors to question near-term enthusiasm, but it is more a portfolio rotation signal than a clear AMD-specific business setback. Article Title
• Neutral Sentiment: Coverage of Lisa Su’s lower-profile China visit compared with Nvidia’s Jensen Huang is mostly color commentary and does not materially change AMD’s fundamentals, though it underscores the competitive backdrop in AI chips. Article Title
• Negative Sentiment: Recent headlines note that AMD is trading near all-time highs, leaving less room for disappointment and raising the risk of pullbacks if AI demand or execution slows. Article Title

Wall Street Analyst Weigh In

AMD has been the topic of a number of research analyst reports. Weiss Ratings raised Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Stifel Nicolaus lifted their price target on Advanced Micro Devices from $320.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Needham & Company LLC raised Advanced Micro Devices to a “buy” rating in a research note on Wednesday, May 6th. Melius Research set a $540.00 price target on Advanced Micro Devices in a research note on Monday, May 18th. Finally, HSBC lowered Advanced Micro Devices from a “buy” rating to a “hold” rating and lifted their price target for the stock from $335.00 to $340.00 in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $410.00.

Advanced Micro Devices Company 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.