WCG Wealth Advisors LLC Invests $3.20 Million in Advanced Micro Devices, Inc. $AMD

WCG Wealth Advisors LLC acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 14,923 shares of the semiconductor manufacturer’s stock, valued at approximately $3,196,000.

A number of other institutional investors have also recently added to or reduced their stakes in AMD. Joseph Group Capital Management purchased a new stake in shares of Advanced Micro Devices during the 4th quarter worth approximately $25,000. Basepoint Wealth LLC purchased a new position in Advanced Micro Devices in the 4th quarter valued at approximately $30,000. Koesten Hirschmann & Crabtree INC. increased its stake in Advanced Micro Devices by 61.0% in the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. Key Capital Management INC acquired a new position in Advanced Micro Devices during the fourth quarter worth $38,000. Finally, PFS Partners LLC raised its holdings in Advanced Micro Devices by 269.2% during the fourth quarter. PFS Partners LLC now owns 192 shares of the semiconductor manufacturer’s stock worth $41,000 after purchasing an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

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 stock was sold at an average price of $350.00, for a total value of $10,962,000.00. Following the completion of the sale, the executive vice president owned 1,236,037 shares of the company’s stock, valued at $432,612,950. This represents a 2.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 that occurred on Friday, May 8th. The stock was sold at an average price of $444.39, for a total value of $10,832,450.64. Following the completion of the transaction, the executive vice president owned 105,222 shares of the company’s stock, valued at approximately $46,759,604.58. This represents a 18.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 339,532 shares of company stock worth $119,504,341 in the last quarter. Insiders own 0.50% of the company’s stock.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $523.20 on Friday. The stock has a fifty day moving average price of $353.43 and a 200 day moving average price of $263.57. Advanced Micro Devices, Inc. has a 52 week low of $114.71 and a 52 week high of $546.44. The firm has a market capitalization of $853.13 billion, a P/E ratio of 171.54, a PEG 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 issued its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $9.90 billion. During the same quarter in the prior year, the business posted $0.96 earnings per share. Advanced Micro Devices’s revenue for the quarter was up 37.8% compared to the same quarter last year. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current year.

Analyst Ratings Changes

AMD has been the subject of several research reports. Roth Mkm reaffirmed a “buy” rating and set a $500.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, May 6th. Seaport Research Partners raised shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 price objective on the stock in a research note on Wednesday, May 6th. Weiss Ratings upgraded shares of Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Wolfe Research started coverage on shares of Advanced Micro Devices in a report on Wednesday, May 6th. They issued a “peer perform” rating on the stock. Finally, Royal Bank Of Canada increased their price target on shares of Advanced Micro Devices from $325.00 to $400.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average price target of $419.86.

Key Headlines 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, citing rising CPU demand tied to expanding agentic AI and continued strength in AMD’s AI infrastructure exposure.
• Positive Sentiment: TSMC said AI chip demand is likely to outstrip supply for years, reinforcing the bullish backdrop for chipmakers like AMD that benefit from sustained data-center and AI spending.
• Positive Sentiment: Recent commentary has highlighted strong investor and analyst support for AMD after its latest earnings beat, with revenue growth still running well above year-ago levels.
• Neutral Sentiment: Several articles noted AMD’s strong multi-week rally and trading near highs, but also warned the stock may be overbought, which can lead to near-term volatility.
• Negative Sentiment: Broadcom’s softer-than-expected AI guidance sparked a sell-off across AI-linked chip stocks, dragging AMD lower as traders questioned whether AI spending is accelerating as fast as hoped.
• Negative Sentiment: Zacks Research downgraded AMD from strong-buy to hold, adding to pressure alongside reports that Cathie Wood’s ARK funds trimmed AMD while increasing Nvidia exposure.

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.