Advanced Micro Devices, Inc. $AMD Shares Purchased by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 312.0% during the fourth quarter, Holdings Channel reports. The firm owned 34,469 shares of the semiconductor manufacturer’s stock after acquiring an additional 26,102 shares during the quarter. Advanced Micro Devices comprises 1.8% of Legacy Capital Group California Inc.’s portfolio, making the stock its 6th largest holding. Legacy Capital Group California Inc.’s holdings in Advanced Micro Devices were worth $7,382,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. ORG Wealth Partners LLC increased its stake in Advanced Micro Devices by 39.7% during the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 46 shares during the period. Koesten Hirschmann & Crabtree INC. raised its holdings in Advanced Micro Devices by 61.0% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 61 shares in the last quarter. Aviso Financial Inc. lifted its position in Advanced Micro Devices by 400.0% in the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after purchasing an additional 160 shares during the period. Delos Wealth Advisors LLC grew its holdings in Advanced Micro Devices by 100.0% during the third quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after acquiring an additional 100 shares during the period. Finally, Signature Resources Capital Management LLC raised its position in Advanced Micro Devices by 170.4% in the third quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer’s stock worth $35,000 after acquiring an additional 138 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Trading Down 0.5%

AMD opened at $301.97 on Thursday. Advanced Micro Devices, Inc. has a 1-year low of $90.37 and a 1-year high of $304.25. The stock has a market capitalization of $492.32 billion, a PE ratio of 114.11, a PEG ratio of 1.03 and a beta of 1.96. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The firm has a 50-day moving average price of $217.01 and a two-hundred day moving average price of $223.51.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The company had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. During the same period in the prior year, the business earned $1.09 earnings per share. Advanced Micro Devices’s quarterly revenue was up 34.1% on a year-over-year basis. As a group, equities analysts anticipate that Advanced Micro Devices, Inc. will post 5.78 earnings per share for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 7,500 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total value of $1,536,525.00. Following the sale, the executive vice president directly owned 129,598 shares in the company, valued at approximately $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 SEC, which is accessible through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the completion of the sale, the executive vice president owned 289,098 shares of the company’s stock, valued at approximately $62,679,337.38. This represents a 6.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 273,352 shares of company stock valued at $59,173,070. 0.50% of the stock is currently owned by corporate insiders.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Multiple sell-side analysts have raised price targets and issued upgrades, boosting investor confidence that AMD will capture more AI-infrastructure demand; Stifel notably raised its target to $320. Why Stifel Just Raised Its AMD Stock Price Target by 14%
• Positive Sentiment: AMD launched the Ryzen 9 9950X3D2 Dual Edition, a premium $899 desktop CPU, and the product news is being interpreted as a concrete signal of continued competitive CPU/professional segment strength. Advanced Micro Devices (AMD) Stock Climbs Following New Ryzen Launch
• Positive Sentiment: Brokerage notes (including GF Securities) are telling investors to buy ahead of May 5 earnings on expectations of continued AI tailwinds and upside to consensus estimates. Should You Buy AMD Stock Before Earnings on May 5? GF Securities Says Yes.
• Neutral Sentiment: Market commentators note strong momentum and institutional inflows; some pieces analyze whether current prices already reflect expected AI upside — useful context but not a direct catalyst. Is It Too Late To Consider AMD After Its AI Partnership Momentum?
• Negative Sentiment: AMD warned (and analysts highlighted) that gross margins may compress sequentially (~200 bps) as one-time gains fade and seasonal/China weakness could pressure near-term profitability — a risk heading into Q1 results. AMD’s Gross Margin to Contract Sequentially
• Negative Sentiment: Valuation concerns: several analysts and commentators warn AMD’s rally has priced in aggressive growth (high P/E and steep gains YTD), and some argue other AI chip names may offer more upside or lower risk. 3 AI Chipmakers With Far More Upside Than AMD

Analysts Set New Price Targets

A number of brokerages have recently commented on AMD. Roth Mkm reiterated a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Rosenblatt Securities reissued a “buy” rating and set a $300.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $230.00 price objective on shares of Advanced Micro Devices in a report on Monday, March 16th. Truist Financial set a $283.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Finally, Erste Group Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus price target of $292.14.

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.