Purkiss Capital Advisors LLC Has $828,000 Position in Advanced Micro Devices, Inc. $AMD

Purkiss Capital Advisors LLC lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 163.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,868 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,402 shares during the period. Purkiss Capital Advisors LLC’s holdings in Advanced Micro Devices were worth $828,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AMD. Jennison Associates LLC lifted its position in shares of 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 worth $2,336,552,000 after purchasing an additional 7,035,991 shares in the last quarter. Wellington Management Group LLP increased its stake in Advanced Micro Devices by 335.9% in 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 buying an additional 3,735,807 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in Advanced Micro Devices by 104.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer’s stock valued at $1,283,096,000 after buying an additional 3,059,935 shares during the last quarter. Nordea Investment Management AB lifted its position in Advanced Micro Devices by 203.7% during the 3rd quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock worth $631,892,000 after buying an additional 2,619,294 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of 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 worth $33,949,256,000 after buying an additional 2,525,109 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Stock Up 0.8%

Shares of NASDAQ AMD opened at $458.79 on Tuesday. The company has a 50 day simple moving average of $253.97 and a 200 day simple moving average of $234.82. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96. Advanced Micro Devices, Inc. has a 1 year low of $106.98 and a 1 year high of $469.22. The firm has a market cap of $748.10 billion, a PE ratio of 150.42, a price-to-earnings-growth ratio of 1.40 and a beta of 2.40.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The business had revenue of $10.25 billion during 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 posted $0.96 EPS. On average, research analysts forecast that Advanced Micro Devices, Inc. will post 5.99 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on AMD shares. BTIG Research upgraded Advanced Micro Devices to a “buy” rating in a research note on Wednesday, May 6th. UBS Group set a $310.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. HSBC downgraded shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and boosted their target price for the stock from $335.00 to $340.00 in a report on Monday, May 4th. China Renaissance began coverage on shares of Advanced Micro Devices in a research note on Tuesday, January 13th. They issued a “buy” rating and a $291.00 price target for the company. Finally, Raymond James Financial began coverage on shares of Advanced Micro Devices in a research report on Wednesday, May 6th. They issued a “market perform” rating for the company. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $388.84.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD is benefiting from a broad AI-driven semiconductor rally, with investors rotating into chip stocks tied to data center growth and AI inference demand. AI chip stocks surge as investors refocus on growth
• Positive Sentiment: Wall Street is betting on a stronger AI CPU cycle, which supports AMD’s server business and helped push the stock to a new 52-week high. AMD stock hits new high as Wall Street bets on AI CPU supercycle
• Positive Sentiment: Recent coverage highlights AMD’s management sounding increasingly confident after earnings, with analysts pointing to a larger server CPU opportunity and continued AI momentum. AMD Stock Remains a Top Pick for This Top Analyst – Here’s Why
• Positive Sentiment: AMD’s partnership with Rackspace to build an enterprise AI cloud for regulated industries adds another potential revenue stream and strengthens the company’s AI ecosystem story. AMD Rackspace AI Cloud Deal Targets Regulated Growth And Valuation Questions
• Neutral Sentiment: Cathie Wood’s ARK funds have continued trimming AMD, but the selling appears more like portfolio rebalancing than a direct negative on AMD’s fundamentals. Cathie Wood Dumps Another $3 Million In AMD Stock As Ark Invest Trims For Third Day Running, This Is The AI Stock She Is Buying Instead
• Neutral Sentiment: Some commentary warns the stock’s sharp run has raised valuation and correction risk, which could limit upside if momentum cools. Machine learning algorithm predicts AMD stock price on May 31, 2026

Insider Transactions at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total value of $1,536,525.00. Following the transaction, the executive vice president owned 129,598 shares in the company, valued at $26,550,742.26. This trade represents a 5.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Mark D. Papermaster sold 31,320 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was 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 in the company, valued at approximately $432,612,950. This trade represents a 2.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 304,672 shares of company stock valued at $70,135,070 over the last ninety days. Company insiders own 0.50% of the company’s stock.

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.