Kercheville Advisors LLC Has $3.69 Million Stock Position in Advanced Micro Devices, Inc. $AMD

Kercheville Advisors LLC reduced its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 12.7% during the 1st quarter, Holdings Channel reports. The firm owned 18,125 shares of the semiconductor manufacturer’s stock after selling 2,635 shares during the period. Advanced Micro Devices makes up 1.2% of Kercheville Advisors LLC’s holdings, making the stock its 24th biggest holding. Kercheville Advisors LLC’s holdings in Advanced Micro Devices were worth $3,687,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Joseph Group Capital Management bought a new position in Advanced Micro Devices during the fourth quarter worth about $25,000. Cornerstone Financial Management LLC acquired a new position in shares of Advanced Micro Devices during the 4th quarter worth about $27,000. Sarver Vrooman Wealth Advisors bought a new stake in shares of Advanced Micro Devices in the 4th quarter valued at about $27,000. Basepoint Wealth LLC acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at approximately $30,000. Finally, Wilkerson Advisory Group LLC acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at approximately $33,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $519.85 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. Advanced Micro Devices, Inc. has a 52 week low of $132.93 and a 52 week high of $562.99. The company’s 50 day moving average price is $428.95 and its two-hundred day moving average price is $290.18. The company has a market capitalization of $847.67 billion, a P/E 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 results 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. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $9.90 billion. During the same quarter in the prior year, the company earned $0.96 earnings per share. The business’s quarterly revenue was up 37.8% compared to the same quarter last year. On average, analysts expect that Advanced Micro Devices, Inc. will post 6.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AMD has been the subject of a number of analyst reports. Wells Fargo & Company boosted their price objective on shares of Advanced Micro Devices from $345.00 to $505.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Erste Group Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Zacks Research lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 3rd. Seaport Research Partners raised 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. Finally, Rosenblatt Securities boosted their price target on shares of Advanced Micro Devices from $300.00 to $490.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $430.68.

Insiders Place Their Bets

In related news, EVP Paul Darren Grasby sold 24,376 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $444.39, for a total value of $10,832,450.64. Following the sale, the executive vice president directly owned 105,222 shares of the company’s stock, valued at approximately $46,759,604.58. The trade was a 18.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Mark D. Papermaster sold 6,000 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $536.33, for a total transaction of $3,217,980.00. Following the completion of the transaction, the executive vice president directly owned 1,233,687 shares of the company’s stock, valued at approximately $661,663,348.71. The trade was a 0.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 378,032 shares of company stock worth $161,876,596 in the last ninety days. 0.50% of the stock is owned by insiders.

More Advanced Micro Devices News

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

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.