Greenspring Advisors LLC Makes New Investment in Advanced Micro Devices, Inc. $AMD

Greenspring Advisors LLC bought a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,885 shares of the semiconductor manufacturer’s stock, valued at approximately $404,000.

A number of other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Advanced Micro Devices by 1.6% in 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. State Street Corp lifted its position in Advanced Micro Devices by 2.4% in the 3rd quarter. State Street Corp now owns 73,824,441 shares of the semiconductor manufacturer’s stock worth $11,944,056,000 after buying an additional 1,755,182 shares during the last quarter. Geode Capital Management LLC lifted its position in Advanced Micro Devices by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock worth $8,015,897,000 after buying an additional 287,525 shares during the last quarter. Norges Bank bought a new stake in Advanced Micro Devices in the 4th quarter worth approximately $4,929,312,000. Finally, Amundi lifted its position in Advanced Micro Devices by 17.5% in the 3rd quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer’s stock worth $2,181,937,000 after buying an additional 2,012,865 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Down 3.6%

Shares of NASDAQ:AMD opened at $523.20 on Friday. The stock’s 50-day moving average price is $353.43 and its 200-day moving average price is $263.57. Advanced Micro Devices, Inc. has a 12-month low of $114.71 and a 12-month high of $546.44. The stock has a market capitalization of $853.13 billion, a P/E ratio of 171.54, a price-to-earnings-growth ratio of 1.60 and a beta of 2.50. 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) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The firm had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The company’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same period last year, the firm earned $0.96 earnings per share. On average, equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on AMD shares. Raymond James Financial started coverage on Advanced Micro Devices in a research report on Wednesday, May 6th. They issued a “market perform” rating for the company. Seaport Research Partners upgraded Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 target price for the company in a research report on Wednesday, May 6th. Weiss Ratings raised Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Wedbush raised their price objective on Advanced Micro Devices from $290.00 to $400.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Finally, HSBC cut Advanced Micro Devices from a “buy” rating to a “hold” rating and raised their price objective for the company from $335.00 to $340.00 in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $419.86.

Insider Buying and Selling

In related news, Director Nora Denzel sold 8,626 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total value of $4,502,772.00. Following the sale, the director directly owned 87,173 shares of the company’s stock, valued at $45,504,306. This trade represents a 9.00% 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 link. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total value of $8,406,691.80. Following the completion of the sale, the executive vice president directly owned 324,527 shares in the company, valued at $140,000,947.80. The trade was a 5.66% 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 339,532 shares of company stock valued at $119,504,341 over the last ninety days. Corporate insiders own 0.50% of the company’s stock.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Barclays raised its price target on AMD to $665, reinforcing the bullish case that rising CPU demand tied to agentic AI could drive further upside. CPU Demand Rapidly Rising Amid Expanding Agentic AI, Says Barclays, Raises PT On Advanced Micro (AMD) To $665
• Positive Sentiment: Analysts remain constructive on AMD’s AI infrastructure role, with recent reports highlighting strong demand for EPYC and Instinct chips and continued institutional buying support. Why Is Advanced Micro (AMD) Up 28.8% Since Last Earnings Report?
• Positive Sentiment: TSMC reiterated that AI chip demand remains strong and supply will stay tight for years, a favorable backdrop for AMD’s foundry-dependent growth plans. TSMC CEO Warns Chip Supply Won’t Meet AI-Fueled Demand for Years
• Neutral Sentiment: AMD’s recent rally has left the stock extended, and technical commentary notes it is trading near highs with overbought conditions, which can amplify volatility. What Is Going On With AMD Stock On Thursday?
• Negative Sentiment: Broadcom’s disappointing AI guidance dragged down the semiconductor group and triggered short-term selling in AMD shares as investors reassessed the pace of AI demand. Broadcom rout hits Micron, AMD, others: AI demand, memory-chip cycle under focus
• Negative Sentiment: Sentiment was also tempered by reports of insider selling, including director Nora Denzel’s recent share sales near the stock’s highs, which may be viewed as profit-taking after a strong run. Advanced Micro Devices (NASDAQ:AMD) Director Nora Denzel Sells 1,821 Shares

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.