Rep. Josh Gottheimer Purchases Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Posted by Ethan Ryder on May 21st, 2026

Representative Josh Gottheimer (Democratic-New Jersey) recently bought shares of Advanced Micro Devices, Inc. (NASDAQ:AMD). In a filing disclosed on May 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in Advanced Micro Devices stock on April 23rd. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/28/2026.
Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 4/27/2026.
Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 4/24/2026.
Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 4/24/2026.
Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/16/2026.
Purchased $1,001 – $15,000 in shares of Freeport-McMoRan (NYSE:FCX) on 4/15/2026.
Sold $1,001 – $15,000 in shares of HDFC Bank (NYSE:HDB) on 4/13/2026.
Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 4/13/2026.
Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 4/9/2026.
Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 4/9/2026.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $447.58 on Thursday. The stock has a 50 day moving average of $287.25 and a 200 day moving average of $243.95. The company has a market capitalization of $729.82 billion, a price-to-earnings ratio of 146.75, a PEG ratio of 1.23 and a beta of 2.40. Advanced Micro Devices, Inc. has a 12 month low of $107.67 and a 12 month high of $469.21. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) 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. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The firm had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. During the same period in the previous year, the company earned $0.96 earnings per share. The company’s quarterly revenue was up 37.8% on a year-over-year basis. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current year.

Advanced Micro Devices News Roundup

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

Positive Sentiment: AMD unveiled the Instinct MI350P PCIe GPU, designed for air-cooled enterprise data centers and generative/agentic AI workloads, expanding its AI footprint beyond hyperscalers. Dell said it will start deploying the chips in PowerEdge systems in July 2026. AMD MI350P PCIe GPUs Extend AI Reach Into Enterprise Data Centers
Positive Sentiment: Analyst sentiment remains supportive, with Evercore ISI and Citi lifting price targets recently as Wall Street grows more confident in AMD’s role in the AI and server CPU markets. Evercore ISI Raises Price Target on Advanced Micro Devices (AMD) Amid AI Market Shift
Positive Sentiment: Broader chip-sector buying is also helping AMD, with investors rotating into semiconductors ahead of Nvidia’s results and betting the AI infrastructure buildout has more room to run. Why Is AMD Stock Up Today, 5/20/26?
Neutral Sentiment: Recent commentary highlights that AMD has already had a huge run this year, which could make the stock more vulnerable to volatility if the market’s AI expectations get too crowded. AMD Stock Has Doubled This Year. Is It Still a Buy?
Negative Sentiment: Some reports warn that AMD’s rally may be running into “momentum fatigue” and valuation concerns, especially with Nvidia’s earnings creating a high bar for the whole chip group. AMD Suffers A Successful AI Comeback – Momentum Fatigue Ahead

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $445.51, for a total transaction of $55,688,750.00. Following the completion of the transaction, the chief executive officer owned 3,021,899 shares of the company’s stock, valued at approximately $1,346,286,223.49. This trade represents a 3.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed 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 business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $444.39, for a total transaction of $10,832,450.64. Following the sale, the executive vice president owned 105,222 shares in the company, valued at approximately $46,759,604.58. This trade represents a 18.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 309,598 shares of company stock valued at $105,644,316 over the last ninety days. 0.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AMD. Stifel Nicolaus increased their target price on Advanced Micro Devices from $320.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. BTIG Research upgraded Advanced Micro Devices to a “buy” rating in a research report on Wednesday, May 6th. Piper Sandler reiterated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Roth Mkm restated a “buy” rating and issued a $500.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, May 6th. Finally, Northland Securities reaffirmed a “market perform” rating and set a $260.00 target price on shares of Advanced Micro Devices in a report on Monday, April 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus target price of $410.00.

Check Out Our Latest Report on AMD

Hedge Funds Weigh In On Advanced Micro Devices

Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised 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 buying an additional 2,525,109 shares during the last quarter. State Street Corp increased its position in shares of Advanced Micro Devices by 1.5% in the fourth 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 period. Geode Capital Management LLC increased its position in shares of Advanced Micro Devices by 0.8% in the fourth 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 period. Norges Bank bought a new position in shares of Advanced Micro Devices during the fourth quarter valued at about $4,929,312,000. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of Advanced Micro Devices by 0.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer’s stock worth $4,352,864,000 after purchasing an additional 55,969 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Advanced Micro Devices Company Profile

(Get Free Report)

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.