4,613 Shares in Advanced Micro Devices, Inc. $AMD Purchased by Mach 1 Financial Group LLC

Mach 1 Financial Group LLC purchased a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 4th quarter, Holdings Channel.com reports. The firm purchased 4,613 shares of the semiconductor manufacturer’s stock, valued at approximately $988,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. James J. Burns & Company LLC raised its position in Advanced Micro Devices by 2.3% in the fourth quarter. James J. Burns & Company LLC now owns 1,816 shares of the semiconductor manufacturer’s stock worth $389,000 after purchasing an additional 40 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its holdings in shares of Advanced Micro Devices by 0.9% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 4,912 shares of the semiconductor manufacturer’s stock worth $1,052,000 after buying an additional 43 shares in the last quarter. OneAscent Family Office LLC increased its holdings in shares of Advanced Micro Devices by 2.6% during the third quarter. OneAscent Family Office LLC now owns 1,755 shares of the semiconductor manufacturer’s stock worth $284,000 after buying an additional 44 shares in the last quarter. Willis Johnson & Associates Inc. increased its holdings in shares of Advanced Micro Devices by 1.9% during the fourth quarter. Willis Johnson & Associates Inc. now owns 2,304 shares of the semiconductor manufacturer’s stock worth $493,000 after buying an additional 44 shares in the last quarter. Finally, Addison Advisors LLC increased its holdings in shares of Advanced Micro Devices by 12.7% during the third quarter. Addison Advisors LLC now owns 400 shares of the semiconductor manufacturer’s stock worth $65,000 after buying an additional 45 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $447.58 on Thursday. The firm has a market cap of $729.82 billion, a PE ratio of 146.75, a PEG ratio of 1.23 and a beta of 2.40. 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, Inc. has a 1-year low of $107.67 and a 1-year high of $469.21. The company has a fifty day moving average price of $287.25 and a 200 day moving average price of $243.95.

Advanced Micro Devices (NASDAQ:AMD) last posted 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. The company 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 quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.96 EPS. Research analysts predict that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Key Advanced Micro Devices News

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

• Positive Sentiment: Bank of America named AMD one of its “top AI chip stocks,” alongside Nvidia, and raised its server CPU market outlook sharply to $125 billion by 2030, signaling stronger long-term demand for AMD’s data center processors. BofA Picks Its ‘Top 2 AI Chip Stocks’ for the Agentic AI Boom
• Positive Sentiment: AMD announced it will invest more than $10 billion across Taiwan’s AI ecosystem, deepening partnerships and expanding advanced packaging and manufacturing capacity for next-generation AI infrastructure. AMD says it will invest over $10 billion across Taiwan’s AI ecosystem
• Positive Sentiment: The company said its 6th Gen EPYC “Venice” CPUs are ramping in production on TSMC’s 2nm process, a major validation of AMD’s product roadmap and a sign it is pushing ahead in AI and server CPUs. AMD Announces Production Ramp of Next-Generation AMD EPYC Processor “Venice” on TSMC 2nm Process Technology
• Positive Sentiment: AMD also introduced more details on its Helios rack-scale AI platform and MI450X roadmap, reinforcing the view that it is expanding beyond CPUs into broader AI infrastructure systems. AMD Announces More Than $10 Billion in Taiwan Ecosystem Investments to Accelerate AI Infrastructure
• Neutral Sentiment: Several analyst notes and commentary highlighted AMD’s strong run and higher price targets, which may support sentiment, but also suggest the stock is already pricing in a lot of optimism. AMD Goes Big on AI with New Chip Ramp and 10B Investment – What Investors Should Know
• Negative Sentiment: AMD continues to face a crowded-trade setup, with some market commentary warning that enthusiasm for AI semiconductors is becoming extended and that execution will need to remain strong to justify the rally. Nvidia, AMD Bulls Beware — Wall Street’s Most Crowded Trade Just Flashed A Sell Warning

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Barclays raised their price objective on shares of Advanced Micro Devices from $300.00 to $500.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. KeyCorp raised their price objective on shares of Advanced Micro Devices from $330.00 to $530.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. UBS Group set a $310.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Seaport Research Partners raised shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 price objective for the company in a report on Wednesday, May 6th. Finally, Wells Fargo & Company raised their price objective on shares of Advanced Micro Devices from $345.00 to $505.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $410.00.

Insider Activity

In other news, EVP Mark D. Papermaster sold 31,320 shares of the company’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $350.00, for a total value of $10,962,000.00. Following the sale, the executive vice president directly owned 1,236,037 shares of the company’s stock, valued at approximately $432,612,950. This represents a 2.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 24,376 shares of the company’s stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 105,222 shares in the company, valued at approximately $46,759,604.58. The trade was a 18.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 309,598 shares of company stock valued at $105,644,316. 0.50% of the stock is owned by company insiders.

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.