Advanced Micro Devices, Inc. $AMD Shares Sold by Cardano Risk Management B.V.

Cardano Risk Management B.V. cut its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 89.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 479,647 shares of the semiconductor manufacturer’s stock after selling 4,193,413 shares during the quarter. Cardano Risk Management B.V.’s holdings in Advanced Micro Devices were worth $97,574,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Joseph Group Capital Management acquired a new stake in Advanced Micro Devices in the fourth quarter valued at $25,000. Sarver Vrooman Wealth Advisors acquired a new position in shares of Advanced Micro Devices during the 4th quarter worth $27,000. Cornerstone Financial Management LLC acquired a new position in shares of Advanced Micro Devices during the 4th quarter worth $27,000. Basepoint Wealth LLC purchased a new position in shares of Advanced Micro Devices in the 4th quarter valued at about $30,000. Finally, Aviso Financial Inc. increased its holdings in shares of Advanced Micro Devices by 400.0% in the 3rd quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after purchasing an additional 160 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on AMD. Sanford C. Bernstein set a $600.00 price objective on shares of Advanced Micro Devices and gave the company an “outperform” rating in a research note on Wednesday, June 17th. Melius Research set a $540.00 price target on shares of Advanced Micro Devices in a research report on Monday, May 18th. Oppenheimer lowered Advanced Micro Devices from a “market perform” rating to a “market perform” rating in a research note on Wednesday, May 6th. Cantor Fitzgerald upped their price target on Advanced Micro Devices to $500.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Finally, Truist Financial set a $478.00 price objective on Advanced Micro Devices in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $440.41.

Advanced Micro Devices News Summary

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

• Positive Sentiment: UBS boosted its AMD price target, reinforcing the view that Wall Street still sees meaningful upside in the shares despite the recent rally. 5-star analyst sets jaw-dropping AMD stock price target
• Positive Sentiment: UBS and other analysts highlighted rising demand tied to agentic AI workloads, which could benefit AMD’s enterprise and data center CPU business. UBS Raises AMD and ARM Stock Price Targets amid Agentic AI-Driven CPU Demand
• Positive Sentiment: Gartner called AMD the company to beat in enterprise AI server CPUs, adding to the bullish narrative around its EPYC lineup and AI data center share gains. Gartner Says AMD Is the ‘Company to Beat for Enterprise AI Server CPUs’
• Positive Sentiment: Reports continue to frame AMD as a beneficiary of AI infrastructure spending, including new memory-optimization and data center efficiency themes tied to its MEXT acquisition. AMD’s MEXT Acquisition Is More Important Than Markets Realize. Here’s How It Solves the Memory Bottleneck.
• Neutral Sentiment: Several articles compare AMD with Arm and Nvidia in the AI data center race, underscoring long-term competition rather than a clear near-term catalyst. Arm Holdings vs Advanced Micro Devices: One Winner of The AI Data Center Showdown
• Negative Sentiment: AMD is also being dragged by a broader chip-sector and tech selloff, with investors taking profits after a very strong run in semiconductor and AI stocks. Nvidia, AMD, and Micron Slide as Global AI Stock Sell-Off Hits Chip Sector
• Negative Sentiment: Market commentary also noted AMD pulling back despite bullish analyst upgrades, suggesting today’s move is being limited by sector-wide caution rather than company-specific weakness. AMD Stock Is Trending: What's Happening Today?

Insider Activity

In related news, EVP Mark D. Papermaster sold 31,320 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the completion of the transaction, the executive vice president directly owned 1,236,037 shares in the company, valued at $432,612,950. The trade was a 2.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total value of $57,586,250.00. Following the completion of the sale, the chief executive officer directly owned 2,896,899 shares in the company, valued at approximately $1,334,572,400.31. The trade was a 4.14% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 378,032 shares of company stock worth $161,876,596. 0.50% of the stock is owned by corporate insiders.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $518.55 on Thursday. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $845.55 billion, a P/E ratio of 170.02, a price-to-earnings-growth ratio of 1.53 and a beta of 2.50. The firm has a 50-day moving average price of $434.39 and a two-hundred day moving average price of $292.31. Advanced Micro Devices, Inc. has a twelve month low of $133.50 and a twelve month high of $562.99.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly 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. The company had revenue of $10.25 billion for 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 revenue for the quarter was up 37.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.96 earnings per share. As a group, research analysts expect that Advanced Micro Devices, Inc. will post 6.15 earnings per share for the current fiscal year.

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.