Advanced Micro Devices (NASDAQ:AMD) Director Nora Denzel Sells 1,821 Shares

Advanced Micro Devices, Inc. (NASDAQ:AMD) Director Nora Denzel sold 1,821 shares of the company’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $522.00, for a total value of $950,562.00. Following the completion of the sale, the director owned 95,799 shares in the company, valued at $50,007,078. This trade represents a 1.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Nora Denzel also recently made the following trade(s):

• On Tuesday, June 2nd, Nora Denzel sold 8,626 shares of Advanced Micro Devices stock. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00.

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD opened at $521.54 on Wednesday. The business’s fifty day moving average price is $333.88 and its two-hundred day moving average price is $257.70. Advanced Micro Devices, Inc. has a fifty-two week low of $113.28 and a fifty-two week high of $527.20. The stock has a market capitalization of $850.42 billion, a price-to-earnings ratio of 171.00, a price-to-earnings-growth ratio of 1.50 and a beta of 2.50. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The firm had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. During the same period in the prior year, the business posted $0.96 earnings per share. The business’s revenue was up 37.8% compared to the same quarter last year. As a group, analysts predict that Advanced Micro Devices, Inc. will post 6.2 EPS for the current fiscal year.

Hedge Funds Weigh In On Advanced Micro Devices

Several large investors have recently made changes to their positions in the company. Dala Group LLC acquired a new position in shares of Advanced Micro Devices during the first quarter valued at $233,000. Cozad Asset Management Inc. lifted its stake in shares of Advanced Micro Devices by 3.5% during the first quarter. Cozad Asset Management Inc. now owns 2,369 shares of the semiconductor manufacturer’s stock valued at $482,000 after acquiring an additional 80 shares during the period. Blue Fin Capital Inc. lifted its stake in shares of Advanced Micro Devices by 0.4% during the first quarter. Blue Fin Capital Inc. now owns 22,358 shares of the semiconductor manufacturer’s stock valued at $4,548,000 after acquiring an additional 82 shares during the period. Allen Capital Group LLC lifted its stake in shares of Advanced Micro Devices by 14.3% during the first quarter. Allen Capital Group LLC now owns 3,091 shares of the semiconductor manufacturer’s stock valued at $629,000 after acquiring an additional 386 shares during the period. Finally, Westshore Wealth LLC acquired a new stake in shares of Advanced Micro Devices during the 1st quarter worth approximately $333,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD’s latest catalyst is the ramp of its 2nm EPYC “Venice” server processor production, which reinforces the company’s role in the data-center AI buildout and supports the bullish move in the shares. Why Advanced Micro Devices (AMD) Is Up 10.4% After Launching 2nm EPYC Venice Production
• Positive Sentiment: AMD also gained attention after joining DriveNets’ $410 million funding round, signaling further investment in AI networking infrastructure and broadening its exposure beyond chips alone. AMD Joins DriveNets Funding Round
• Positive Sentiment: A top Cowen analyst reiterated a bullish stance after meeting with CEO Lisa Su, which adds to investor confidence that AMD’s AI and server roadmap remains compelling. Top Cowen Analyst Pounds the Table on AMD Stock After Meeting With Lisa Su
• Neutral Sentiment: AMD presented at the Bank of America 2026 Global Technology Conference, but no major new financial guidance or product surprise was highlighted in the transcript. Advanced Micro Devices, Inc. (AMD) Presents at Bank of America 2026 Global Technology Conference Transcript
• Negative Sentiment: Director Nora Denzel disclosed two recent stock sales, including a larger June 2 transaction, which can weigh on sentiment because insider selling sometimes signals caution or profit-taking after a sharp rally. SEC Form 4 filing
• Negative Sentiment: AMD also faces renewed competition after Nvidia’s new RTX Spark PC chip announcement sparked rotation away from AMD and pressured semiconductor peers, raising concerns about market-share competition in PCs and AI devices. NVIDIA Sends Message With RTX Spark: This is What it Says

Analysts Set New Price Targets

A number of research firms have commented on AMD. Truist Financial set a $478.00 price objective on Advanced Micro Devices in a research note on Wednesday, May 6th. Seaport Research Partners raised 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. Wells Fargo & Company boosted their price objective on Advanced Micro Devices from $345.00 to $505.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Citigroup boosted their price objective on Advanced Micro Devices from $358.00 to $460.00 and gave the stock a “neutral” rating in a research note on Monday, May 18th. Finally, Zacks Research raised Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and an average price target of $419.86.

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.