Consilium Wealth Advisory LLC Raises Stock Holdings in Advanced Micro Devices, Inc. $AMD

Consilium Wealth Advisory LLC raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 43.5% in the first quarter, Holdings Channel.com reports. The firm owned 5,243 shares of the semiconductor manufacturer’s stock after buying an additional 1,590 shares during the period. Consilium Wealth Advisory LLC’s holdings in Advanced Micro Devices were worth $1,067,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of Advanced Micro Devices during the fourth quarter worth approximately $4,929,312,000. Jennison Associates LLC raised its holdings in Advanced Micro Devices by 181.6% in the fourth quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock valued at $2,336,552,000 after acquiring an additional 7,035,991 shares in the last quarter. Cardano Risk Management B.V. acquired a new stake in Advanced Micro Devices in the fourth quarter valued at $1,000,783,000. Wellington Management Group LLP boosted its stake in 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 valued at $784,330,000 after acquiring an additional 3,735,807 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in Advanced Micro Devices by 340.1% during the 4th quarter. Franklin Resources Inc. now owns 4,747,834 shares of the semiconductor manufacturer’s stock valued at $1,016,796,000 after acquiring an additional 3,669,054 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Trading Down 5.8%

NASDAQ AMD opened at $519.85 on Wednesday. Advanced Micro Devices, Inc. has a one year low of $132.93 and a one year high of $562.99. The company has a 50-day simple moving average of $428.95 and a 200-day simple moving average of $290.18. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. The firm has a market capitalization of $847.67 billion, a PE ratio of 170.44, a price-to-earnings-growth ratio of 1.63 and a beta of 2.50.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share 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 for the quarter, compared to analyst estimates of $9.90 billion. During the same quarter in the prior year, the business earned $0.96 earnings per share. Advanced Micro Devices’s quarterly revenue was up 37.8% on a year-over-year basis. On average, equities analysts forecast that Advanced Micro Devices, Inc. will post 6.15 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Wedbush boosted their target price on shares of Advanced Micro Devices from $290.00 to $400.00 and gave the stock an “outperform” rating in a research report on Monday, May 4th. 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. Morgan Stanley lifted their price target on Advanced Micro Devices from $360.00 to $410.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Northland Securities reissued a “market perform” rating and issued a $260.00 price objective on shares of Advanced Micro Devices in a report on Monday, April 27th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $430.68.

Insider Activity at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 19,487 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the sale, the executive vice president directly owned 324,527 shares in the company, valued at approximately $140,000,947.80. This represents a 5.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 24,376 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $444.39, for a total value of $10,832,450.64. Following the completion of the sale, the executive vice president directly owned 105,222 shares in the company, valued at approximately $46,759,604.58. This trade represents a 18.81% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 378,032 shares of company stock valued at $161,876,596. 0.50% of the stock is owned by insiders.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: AMD continues to get bullish attention for its AI and data-center growth, with recent coverage citing expanding AI server CPU demand, rising EPYC adoption, and a larger long-term server CPU market opportunity. Why AMD’s AI Position Is Expanding
• Positive Sentiment: AMD’s MEXT acquisition is being viewed as an AI infrastructure and memory-strategy boost that could support higher revenue and deeper product differentiation. How AMD’s MEXT Deal Expands Its Memory Strategy Beyond GPUs and Data-Center CPUs
• Positive Sentiment: Several articles point to strong analyst support and high price targets for AMD, suggesting Wall Street still sees upside despite the recent run-up. Over 40 Analysts Rate AMD a Buy, Here’s Why We Agree
• Positive Sentiment: New product and ecosystem news, including a mini PC powered by AMD Ryzen AI 9 HX 470 and expanded FSR GPU support, highlights ongoing demand for AMD-based hardware. Next-Gen AI Powerhouse: Reatan Announces Global Launch of Reatan X8 Mini PC Powered by AMD Ryzen AI 9 HX 470 Processor
• Neutral Sentiment: Commentary around AMD’s recent rally and momentum is mixed, with some investors urging caution and others arguing the stock could still move higher if AI growth stays intact. AMDY: Take Profits Once We See AMD Momentum Shift
• Negative Sentiment: AMD is being hit by a broader chip-sector downgrade as tech and AI stocks fall on hawkish Fed expectations and profit-taking, dragging the shares lower alongside peers like Nvidia and Micron. Nvidia, AMD, and Micron Slide as Global AI Stock Sell-Off Hits Chip Sector
• Negative Sentiment: Several reports also point to profit-taking after AMD’s strong run, with traders locking in gains while waiting for the next catalyst. AMD falls as investors appear to take profits amid lingering chip-sector caution
• Negative Sentiment: Recent insider selling has also been noted, which may be adding some caution around the stock’s near-term valuation. Sell alert? AMD insiders dumped $60 million worth of stock since June started

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.