Advanced Micro Devices (NASDAQ:AMD) EVP Sells $10,962,000.00 in Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) EVP Mark Papermaster sold 31,320 shares of the 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 transaction, the executive vice president owned 1,236,037 shares in the company, valued at $432,612,950. This trade represents a 2.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $354.49 on Friday. 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 market capitalization of $577.94 billion, a PE ratio of 133.77, a price-to-earnings-growth ratio of 1.21 and a beta of 1.96. The business’s 50-day moving average price is $232.51 and its 200-day moving average price is $228.24. Advanced Micro Devices, Inc. has a 12 month low of $96.45 and a 12 month high of $354.96.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.21. The company had revenue of $10.27 billion during the quarter, compared to analysts’ expectations of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.Advanced Micro Devices’s quarterly revenue was up 34.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.09 EPS. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 5.82 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on AMD. Evercore restated an “outperform” rating and set a $358.00 target price on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Northland Securities restated a “market perform” rating and set a $260.00 target price on shares of Advanced Micro Devices in a report on Monday. Cantor Fitzgerald restated an “overweight” rating on shares of Advanced Micro Devices in a report on Monday, February 2nd. KeyCorp reiterated an “overweight” rating and issued a $330.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Finally, Stifel Nicolaus increased their price objective on Advanced Micro Devices from $280.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $297.49.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in AMD. Norges Bank bought a new position in shares of Advanced Micro Devices during the fourth quarter valued at $4,929,312,000. Jennison Associates LLC boosted its stake in Advanced Micro Devices by 181.6% in the 4th quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock worth $2,336,552,000 after purchasing an additional 7,035,991 shares in the last quarter. Cardano Risk Management B.V. purchased a new stake in Advanced Micro Devices during the 4th quarter valued at about $1,000,783,000. Wellington Management Group LLP increased its stake in Advanced Micro Devices by 335.9% during the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock valued at $784,330,000 after purchasing an additional 3,735,807 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in Advanced Micro Devices by 340.1% in the fourth quarter. Franklin Resources Inc. now owns 4,747,834 shares of the semiconductor manufacturer’s stock worth $1,016,796,000 after buying an additional 3,669,054 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Susquehanna raised its price target and reiterated a buy call, citing accelerating server CPU share gains and an Instinct GPU ramp that should boost data‑center revenue into May. Susquehanna Raises AMD Price Target to $375
• Positive Sentiment: Big Tech spending signal — large bond demand and increased capex plans at hyperscalers (e.g., Meta) point to continued multi‑year AI infrastructure investment that benefits AMD’s CPUs and GPUs. Meta Gets $96 Billion of Orders for Latest Jumbo Bond Sale
• Positive Sentiment: Analyst upgrades and estimate raises (multiple shops raising EPS/targets) are supporting momentum and institutional flows into AMD ahead of earnings. Where Do Analysts Stand on AMD Stock Ahead of Earnings?
• Neutral Sentiment: Near‑term catalyst: Q1 earnings on May 5 — Street attention is concentrated on revenue guidance and data‑center demand metrics (GPU/EPYC deployments); results will likely be the primary short‑term price mover. Buy AMD Stock Before Q1 Earnings
• Neutral Sentiment: Insider selling disclosed (Mark Papermaster sold shares) was executed under a pre‑arranged Rule 10b5‑1 plan — a note for disclosure but not necessarily a signal of company outlook change. Mark Papermaster Sells 31,320 Shares
• Negative Sentiment: OpenAI revenue shortfall headlines sparked a sector pullback that weighed on AMD — investors are testing the durability of AI capex assumptions after the report. AMD Stock Slides After OpenAI Revenue Shortfall
• Negative Sentiment: Some profit‑taking and selective analyst caution (Northland downgrade, institutional trimming such as ARK) are pressuring the stock after a rapid rally; this keeps upside dependent on execution in the upcoming print. AMD Stock Slides on Analyst Downgrade AMD Stock Slips After ARK Sells

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.