JTC Employer Solutions Trustee Ltd Increases Stock Position in Advanced Micro Devices, Inc. $AMD

JTC Employer Solutions Trustee Ltd grew its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 76.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,615 shares of the semiconductor manufacturer’s stock after buying an additional 2,000 shares during the period. JTC Employer Solutions Trustee Ltd’s holdings in Advanced Micro Devices were worth $988,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in AMD. Brighton Jones LLC increased its position 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 worth $5,551,000 after acquiring an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC increased its position 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 worth $1,001,000 after acquiring an additional 234 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of Advanced Micro Devices by 125.1% in the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after acquiring an additional 2,970 shares in the last quarter. United Bank increased its position in shares of Advanced Micro Devices by 22.0% in the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock worth $1,881,000 after acquiring an additional 2,392 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its position in shares of Advanced Micro Devices by 361.0% in the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock worth $1,310,000 after acquiring an additional 7,228 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Weiss Ratings raised shares of Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Phillip Securities raised shares of Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Needham & Company LLC raised shares of Advanced Micro Devices to a “buy” rating in a research report on Wednesday, May 6th. Piper Sandler reissued an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Finally, Melius Research set a $540.00 price objective on shares of Advanced Micro Devices in a research report on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus target price of $410.00.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $518.09 on Friday. Advanced Micro Devices, Inc. has a 12 month low of $108.62 and a 12 month high of $527.20. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96. The firm has a market capitalization of $844.80 billion, a P/E ratio of 169.87, a P/E/G ratio of 1.46 and a beta of 2.40. The company’s fifty day moving average price is $321.45 and its two-hundred day moving average price is $253.87.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping 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 analyst estimates of $9.90 billion. During the same quarter in the previous year, the business posted $0.96 EPS. The firm’s revenue was up 37.8% compared to the same quarter last year. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Insider Activity

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,487 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total value of $8,406,691.80. Following the transaction, the executive vice president owned 324,527 shares in the company, valued at $140,000,947.80. The trade was a 5.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction, the chief executive officer directly owned 3,021,899 shares of the company’s stock, valued at approximately $1,346,286,223.49. This represents a 3.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 329,085 shares of company stock worth $114,051,007. 0.50% of the stock is owned by corporate insiders.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Rocket One was accepted into the AMD AI Developer Program, giving the company access to AMD cloud tools, credits, and technical resources that could help expand demand for AMD’s AI ecosystem. Rocket One Accepted into AMD AI Developer Program to Advance Simulation of Next-Generation Nanomagnetic AI Accelerator Architecture for AI, Defense and Space Applications
• Positive Sentiment: Several articles argue AMD still has room to run after its post-earnings surge, citing strong data center growth, rising EPYC and Instinct adoption, and the company’s expanding AI opportunity. AMD’s Data Center Growth Rides on EPYC Demand: More Upside Ahead?
• Positive Sentiment: Analyst sentiment remains constructive, with recent upgrades and higher price targets suggesting Wall Street sees a much larger market opportunity for AMD’s CPU and AI businesses. Why Wall Street Sees A Much Bigger Market Opportunity For AMD
• Positive Sentiment: AMD’s AI narrative is also being reinforced by bullish opinion pieces saying the stock’s rally may still be unfinished, keeping momentum traders engaged. AMD Stock Is On A Once-In-50-Year Run — And It Looks Like Unfinished Business
• Neutral Sentiment: Cathie Wood and ARK Invest sold more than $16 million of AMD shares, which may create some near-term headline pressure but does not change the company’s operating outlook. Cathie Wood Just Sold $16 Million of AMD Stock. Why Did ARK Invest Sell the Chip Giant?
• Neutral Sentiment: Coverage noting Nvidia’s relative underperformance versus the broader chip sector is helping frame AMD as a beneficiary of shifting AI hardware demand, though the impact is indirect. Nvidia Stock Is Now a Chip Laggard

Advanced Micro Devices 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.