FourThought Financial Partners LLC Decreases Holdings in Advanced Micro Devices, Inc. $AMD

FourThought Financial Partners LLC lessened its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 47.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,949 shares of the semiconductor manufacturer’s stock after selling 10,073 shares during the period. FourThought Financial Partners LLC’s holdings in Advanced Micro Devices were worth $2,345,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after purchasing an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in Advanced Micro Devices by 125.1% in the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after purchasing an additional 2,970 shares during the last quarter. United Bank increased its stake in shares of Advanced Micro Devices by 22.0% in the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock worth $1,881,000 after purchasing an additional 2,392 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its stake in shares of Advanced Micro Devices by 361.0% in the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock worth $1,310,000 after purchasing an additional 7,228 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analysts Set New Price Targets

AMD has been the subject of several recent research reports. KeyCorp lifted their target price on shares of Advanced Micro Devices from $330.00 to $530.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Zacks Research upgraded shares of Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Evercore reiterated an “outperform” rating and issued a $579.00 target price on shares of Advanced Micro Devices in a research note on Tuesday. Needham & Company LLC upgraded shares of Advanced Micro Devices to a “buy” rating in a research note on Wednesday, May 6th. Finally, Northland Securities reiterated a “market perform” rating and issued a $260.00 target price on shares of Advanced Micro Devices in a research note on Monday, April 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average target price of $410.00.

Advanced Micro Devices Trading Up 8.1%

Shares of Advanced Micro Devices stock opened at $447.58 on Thursday. Advanced Micro Devices, Inc. has a 1 year low of $107.67 and a 1 year high of $469.21. 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 debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96. The company has a 50 day simple moving average of $287.25 and a two-hundred day simple moving average of $243.95.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating 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 business had revenue of $10.25 billion during the quarter, compared to analyst estimates of $9.90 billion. During the same period in the previous year, the business posted $0.96 earnings per share. Advanced Micro Devices’s revenue for the quarter was up 37.8% on a year-over-year basis. Analysts expect that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $445.51, for a total transaction of $55,688,750.00. Following the completion of the sale, the chief executive officer directly owned 3,021,899 shares in the company, valued at $1,346,286,223.49. The trade was a 3.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through 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 Advanced Micro Devices stock in a transaction that occurred on 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 sale, the executive vice president owned 105,222 shares of the company’s stock, 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. Insiders sold a total of 309,598 shares of company stock worth $105,644,316 over the last three months. 0.50% of the stock is owned by insiders.

Advanced Micro Devices News Roundup

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

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.