Advanced Micro Devices, Inc. $AMD Shares Acquired by Lazard Asset Management LLC

Lazard Asset Management LLC increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 10.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 952,596 shares of the semiconductor manufacturer’s stock after acquiring an additional 90,357 shares during the period. Lazard Asset Management LLC’s holdings in Advanced Micro Devices were worth $193,787,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Jessup Wealth Management Inc increased its holdings in Advanced Micro Devices by 8.9% in the 1st quarter. Jessup Wealth Management Inc now owns 47,236 shares of the semiconductor manufacturer’s stock worth $9,609,000 after acquiring an additional 3,847 shares in the last quarter. Family Manage LLC acquired a new stake in shares of Advanced Micro Devices in the first quarter valued at about $238,000. Cardiff Park Advisors LLC raised its position in shares of Advanced Micro Devices by 27.9% during the 1st quarter. Cardiff Park Advisors LLC now owns 10,409 shares of the semiconductor manufacturer’s stock worth $2,118,000 after purchasing an additional 2,268 shares during the last quarter. Gateway Wealth Partners LLC raised its position in shares of Advanced Micro Devices by 314.0% during the 1st quarter. Gateway Wealth Partners LLC now owns 7,303 shares of the semiconductor manufacturer’s stock worth $1,486,000 after purchasing an additional 5,539 shares during the last quarter. Finally, Quadcap Wealth Management LLC lifted its stake in Advanced Micro Devices by 21.7% in the 1st quarter. Quadcap Wealth Management LLC now owns 4,138 shares of the semiconductor manufacturer’s stock valued at $842,000 after buying an additional 738 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 6,000 shares of Advanced Micro Devices stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $536.33, for a total transaction of $3,217,980.00. Following the transaction, the executive vice president directly owned 1,233,687 shares of the company’s stock, valued at $661,663,348.71. The trade was a 0.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 that occurred on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the completion of the sale, the director directly owned 87,173 shares of the company’s stock, valued at approximately $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. Insiders sold 310,310 shares of company stock valued at $141,185,456 in the last quarter. Insiders own 0.50% of the company’s stock.

Advanced Micro Devices Price Performance

AMD stock opened at $521.95 on Monday. 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 firm has a 50-day moving average of $512.60 and a two-hundred day moving average of $341.53. Advanced Micro Devices, Inc. has a 12 month low of $149.22 and a 12 month high of $584.73. The company has a market cap of $851.09 billion, a price-to-earnings ratio of 171.13 and a beta of 2.47.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results 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. The business had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The business’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.96 EPS. As a group, analysts forecast that Advanced Micro Devices, Inc. will post 6.27 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on AMD shares. Loop Capital upgraded Advanced Micro Devices to a “strong-buy” rating in a report on Tuesday, June 16th. TD Cowen increased their target price on Advanced Micro Devices from $600.00 to $675.00 and gave the company a “buy” rating in a report on Monday, July 13th. Melius Research set a $660.00 target price on Advanced Micro Devices in a research report on Friday. Wall Street Zen raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Monday, July 20th. Finally, Raymond James Financial started coverage on Advanced Micro Devices in a research report on Wednesday, May 6th. They set a “market perform” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $522.43.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD and Cerebras announced a technical partnership to combine Helios and Wafer-Scale Engine technology, aiming for faster, more efficient AI inference and up to 5x higher tokens per second per watt. AMD and Cerebras Announce Industry-Leading Ultra-Low-Latency and High Throughput AI Inference Solution
• Positive Sentiment: Wedbush raised its price target to $600, and several other firms also boosted targets after AMD’s Advancing AI 2026 event, signaling stronger Wall Street confidence in AMD’s AI data center growth. AMD price target boosted on strengthening AI outlook
• Positive Sentiment: Other commentary highlighted AMD’s new Helios AI rack system, expanded OpenAI and Anthropic-related demand, and multiple bullish analyst notes, all of which support the view that AMD is gaining share in AI infrastructure. AMD plans to invest to up $5 billion into Anthropic as it seeks to cut into Nvidia’s dominance
• Neutral Sentiment: Short-interest data showed no meaningful change in practice, with reported short interest listed as zero shares, so this item does not appear to be a real trading catalyst.
• Neutral Sentiment: The broader semiconductor sector pulled back on valuation and profit-taking concerns, which may be weighing on AMD even as company-specific AI news remains constructive. Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing?
• Negative Sentiment: AMD also appeared in reports about an AI-chip selloff and weaker risk appetite, suggesting some investors are taking profits after the stock’s strong run. AI Memory Stocks Lead Chip Selloff

Advanced Micro Devices 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.