Vicus Capital lowered its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 38.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,086 shares of the semiconductor manufacturer’s stock after selling 1,923 shares during the period. Vicus Capital’s holdings in Advanced Micro Devices were worth $628,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in AMD. Brighton Jones LLC raised its holdings in shares of Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after buying an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares during the period. Sivia Capital Partners LLC raised its stake in shares of Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after purchasing an additional 2,970 shares during the last quarter. United Bank raised its stake in shares of Advanced Micro Devices by 22.0% during the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock worth $1,881,000 after purchasing an additional 2,392 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its holdings in shares of Advanced Micro Devices by 361.0% during the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock worth $1,310,000 after purchasing an additional 7,228 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Insider Transactions at Advanced Micro Devices
In other news, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total transaction 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 24,376 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $444.39, for a total transaction of $10,832,450.64. Following the transaction, the executive vice president owned 105,222 shares in the company, valued at approximately $46,759,604.58. The trade was a 18.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 378,032 shares of company stock worth $161,876,596 in the last ninety days. Company insiders own 0.50% of the company’s stock.
Key Headlines Impacting Advanced Micro Devices
- Positive Sentiment: AMD is benefiting from renewed enthusiasm for AI chips, with market commentary noting that the recent selloff in microchips may have been overdone and that AI demand still appears undersupplied. The broader tech rebound also supported the stock. AMD, INTC and NVDA Forecasts – Microchips Looking to Recover on Monday
- Positive Sentiment: UBS raised its price target on AMD to $670 from $455 while keeping a Buy rating, reinforcing bullish expectations for further upside. UBS Raises PT on Advanced Micro Devices (AMD)
- Positive Sentiment: AMD’s recent UK investment announcement, including plans tied to AI supercomputers at Cambridge, adds to the company’s credibility in AI infrastructure and may support long-term growth sentiment. AMD (AMD) Commits £2 Billion to the UK and Helps Build Two AI Supercomputers at Cambridge
- Neutral Sentiment: Analysts and market commentators continue to highlight AMD as a trending growth stock, but much of the discussion is centered on valuation and investor interest rather than a new fundamental catalyst. Here’s Why Advanced Micro Devices (AMD) is a Strong Growth Stock
- Neutral Sentiment: Some articles warn that AMD’s stock has run up more on valuation and sentiment than on near-term business results, which could temper upside if expectations outpace execution. AMD Stock Is Crushing Nvidia’s in 2026. Will That Continue?
- Negative Sentiment: Chip stocks including AMD opened lower at one point due to quarter-end positioning, lingering earnings pressure, and macro caution, indicating some near-term trading headwinds for semiconductors. Why are Intel, AMD, ARM stocks selling off today?
Advanced Micro Devices Stock Up 3.4%
Advanced Micro Devices stock opened at $539.49 on Tuesday. 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 $879.69 billion, a price-to-earnings ratio of 176.88, a price-to-earnings-growth ratio of 1.54 and a beta of 2.50. The stock’s fifty day moving average is $450.43 and its two-hundred day moving average is $298.88. Advanced Micro Devices, Inc. has a fifty-two week low of $133.50 and a fifty-two week high of $562.99.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.08. The company 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%. The company’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.96 earnings per share. Analysts predict that Advanced Micro Devices, Inc. will post 6.15 EPS for the current fiscal year.
Analysts Set New Price Targets
Several analysts have recently commented on AMD shares. Needham & Company LLC upgraded shares of Advanced Micro Devices to a “buy” rating in a research note on Wednesday, May 6th. Jefferies Financial Group cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Wednesday, May 6th. KeyCorp boosted their target price on Advanced Micro Devices from $330.00 to $530.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Melius Research set a $540.00 target price on Advanced Micro Devices in a research note on Monday, May 18th. Finally, JPMorgan Chase & Co. lifted their price target on Advanced Micro Devices from $270.00 to $385.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Two 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 issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $445.81.
Read Our Latest Analysis on Advanced Micro Devices
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.
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