Advanced Micro Devices, Inc. $AMD Shares Sold by Mariner LLC

Mariner LLC lowered its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 631,957 shares of the semiconductor manufacturer’s stock after selling 20,861 shares during the quarter. Mariner LLC’s holdings in Advanced Micro Devices were worth $135,353,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Advanced Micro Devices by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock valued at $33,949,256,000 after purchasing an additional 2,525,109 shares in the last quarter. State Street Corp boosted its stake in Advanced Micro Devices by 1.5% during the 4th quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer’s stock valued at $16,044,712,000 after acquiring an additional 1,094,835 shares during the last quarter. Geode Capital Management LLC boosted its stake in Advanced Micro Devices by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock valued at $8,015,897,000 after acquiring an additional 287,525 shares during the last quarter. Norges Bank bought a new position in Advanced Micro Devices during the 4th quarter valued at $4,929,312,000. Finally, Amundi boosted its stake in Advanced Micro Devices by 17.5% during the 3rd quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer’s stock valued at $2,181,937,000 after acquiring an additional 2,012,865 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: Citi upgraded AMD to Buy and lifted its price target to $575, saying GPU upside and AI tailwinds are not fully reflected in the stock. Citi Calls AMD a Rising Force in the GPU Market, Upgrades Shares to Buy
• Positive Sentiment: Wolfe Research reiterated Outperform and said there is room for upside to consensus in 2026 and 2027, driven by CPU strength and potential new AI customer wins for AMD’s MI450 chips. Wolfe Research sees substantial upside to AMD estimates
• Positive Sentiment: AMD stock is being boosted by a broader semiconductor surge, with chip peers also rising as investors rotate into AI infrastructure and memory-related names. Why AI Chip Stocks NVDA, AMD, INTC, and AVGO Are Rising Today — June 15, 2026
• Positive Sentiment: Reports that AMD agreed to acquire MEXT, a memory-optimization software maker, are fueling optimism that its chips will perform better in AI workloads, which helped push the stock higher. AMD Stock Spikes after MEXT Deal to Improve Memory Performance in AI Chips
• Neutral Sentiment: Commentary around AMD flirting with a roughly $900 billion valuation highlights how far the stock has run and how much investor enthusiasm is already priced in. AMD flirts with a $900 billion valuation after beefing up its memory technology
• Neutral Sentiment: Coverage comparing AMD with Intel underscores that both are seen as AI data-center beneficiaries, but investors are still debating which chipmaker will emerge as the stronger long-term winner. AMD vs Intel: Both Are Positioned for AI Data Center Growth But There Will Be Only One Winner

Wall Street Analysts Forecast Growth

A number of research firms have commented on AMD. Wells Fargo & Company increased their price objective on shares of Advanced Micro Devices from $345.00 to $505.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Seaport Research Partners upgraded shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 price target on the stock in a research report on Wednesday, May 6th. Melius Research set a $540.00 price target on shares of Advanced Micro Devices in a research report on Monday, May 18th. Oppenheimer downgraded shares of Advanced Micro Devices from a “market perform” rating to a “market perform” rating in a research report on Wednesday, May 6th. Finally, Morgan Stanley raised their price target on shares of Advanced Micro Devices from $360.00 to $410.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $428.65.

Advanced Micro Devices Trading Up 7.0%

Shares of NASDAQ:AMD opened at $547.26 on Tuesday. The company has a market cap of $892.36 billion, a PE ratio of 179.43, a P/E/G ratio of 1.50 and a beta of 2.50. The company’s 50-day moving average price is $393.01 and its 200 day moving average price is $277.00. Advanced Micro Devices, Inc. has a fifty-two week low of $117.78 and a fifty-two week high of $558.37. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04.

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

Insider Activity

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 31,320 shares of the firm’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the transaction, the executive vice president owned 1,236,037 shares of the company’s stock, valued at approximately $432,612,950. This trade represents a 2.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the transaction, the executive vice president directly owned 324,527 shares in the company, valued at approximately $140,000,947.80. The trade was a 5.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 372,032 shares of company stock worth $158,658,616 in the last 90 days. 0.50% of the stock is currently owned by corporate insiders.

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.