Peak Planning Group LLC Purchases Shares of 3,787 Advanced Micro Devices, Inc. $AMD

Peak Planning Group LLC purchased a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,787 shares of the semiconductor manufacturer’s stock, valued at approximately $819,000.

A number of other hedge funds also recently bought and sold shares of the company. Titan Investment Solutions Ltd bought a new stake in Advanced Micro Devices during the fourth quarter valued at about $1,559,000. Cardano Risk Management B.V. bought a new stake in Advanced Micro Devices during the fourth quarter valued at about $1,000,783,000. Korea Investment CORP boosted its holdings in Advanced Micro Devices by 3.8% during the fourth quarter. Korea Investment CORP now owns 1,270,788 shares of the semiconductor manufacturer’s stock valued at $272,152,000 after acquiring an additional 46,391 shares during the period. Platinum Investment Management Ltd. bought a new stake in Advanced Micro Devices during the fourth quarter valued at about $1,544,000. Finally, Banco Santander S.A. raised its position in shares of Advanced Micro Devices by 32.1% during the fourth quarter. Banco Santander S.A. now owns 217,834 shares of the semiconductor manufacturer’s stock valued at $46,651,000 after buying an additional 52,963 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Insider Transactions at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total value of $57,586,250.00. Following the completion of the transaction, the chief executive officer owned 2,896,899 shares of the company’s stock, valued at $1,334,572,400.31. This represents a 4.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the completion of the transaction, the director directly owned 87,173 shares of the company’s stock, valued at $45,504,306. This trade represents a 9.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 372,032 shares of company stock valued at $158,658,616. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $511.57 on Friday. Advanced Micro Devices, Inc. has a 12-month low of $115.06 and a 12-month high of $546.44. 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 firm has a market capitalization of $834.17 billion, a PE ratio of 167.73, a price-to-earnings-growth ratio of 1.44 and a beta of 2.50. The firm has a 50-day moving average price of $386.41 and a 200 day moving average price of $274.18.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business posted $0.96 earnings per share. The company’s quarterly revenue was up 37.8% compared to the same quarter last year. Research analysts anticipate that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Rosenblatt Securities upped their price objective on shares of Advanced Micro Devices from $300.00 to $490.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Susquehanna upped their price objective on shares of Advanced Micro Devices from $375.00 to $450.00 and gave the company a “positive” rating in a research report on Wednesday, May 6th. Evercore reaffirmed an “outperform” rating and set a $579.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday, May 19th. Sanford C. Bernstein assumed coverage on shares of Advanced Micro Devices in a research report on Friday. They set an “outperform” rating for the company. Finally, Mizuho upped their price objective on shares of Advanced Micro Devices from $515.00 to $615.00 and gave the company an “outperform” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average price target of $424.59.

Key Advanced Micro Devices News

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

• Positive Sentiment: Citi upgraded AMD and argued that the market is underpricing its AI GPU upside, boosting confidence in the stock’s AI-driven growth path.
• Positive Sentiment: Bank of America also raised its outlook on AMD, calling it a top CPU pick and pointing to a large agentic AI opportunity across servers and accelerators.
• Positive Sentiment: Multiple reports highlighted rising GPU market-share data and stronger investor focus on AMD’s expanding role in AI hardware, helping semiconductor stocks rally broadly.

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.