Rossmore Private Capital Increases Position in Advanced Micro Devices, Inc. $AMD

Rossmore Private Capital increased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 19.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 10,192 shares of the semiconductor manufacturer’s stock after buying an additional 1,671 shares during the period. Rossmore Private Capital’s holdings in Advanced Micro Devices were worth $2,073,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of AMD. Oakwell Private Wealth Management LLC lifted its holdings in Advanced Micro Devices by 2.1% during the first quarter. Oakwell Private Wealth Management LLC now owns 5,058 shares of the semiconductor manufacturer’s stock worth $1,029,000 after acquiring an additional 103 shares during the period. WealthShield Partners LLC boosted its position in Advanced Micro Devices by 11.3% in the first quarter. WealthShield Partners LLC now owns 2,771 shares of the semiconductor manufacturer’s stock worth $564,000 after purchasing an additional 282 shares during the last quarter. Darwin Wealth Management LLC grew its stake in Advanced Micro Devices by 44.5% in the 1st quarter. Darwin Wealth Management LLC now owns 9,750 shares of the semiconductor manufacturer’s stock valued at $1,983,000 after purchasing an additional 3,004 shares during the period. Financial Connections Group Inc. increased its position in shares of Advanced Micro Devices by 2,860.0% during the 1st quarter. Financial Connections Group Inc. now owns 296 shares of the semiconductor manufacturer’s stock valued at $60,000 after purchasing an additional 286 shares during the last quarter. Finally, Simplicity Wealth LLC raised its stake in shares of Advanced Micro Devices by 2.8% during the 1st quarter. Simplicity Wealth LLC now owns 32,881 shares of the semiconductor manufacturer’s stock worth $6,689,000 after purchasing an additional 907 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Stifel raised its AMD price target to $635 from $450 and reiterated a Buy rating, citing AMD’s growing strength in AI servers and EPYC CPUs.
• Positive Sentiment: Goldman Sachs and other firms have also lifted targets recently, signaling rising Wall Street confidence in AMD’s AI and data-center growth. Goldman Sachs raises AMD stock price target for the rest of 2026 on surging agentic AI CPU demand
• Positive Sentiment: AMD announced a new AI campus partnership, adding another potential growth avenue tied to large-scale AI infrastructure spending. AMD Stock Rallies on a New AI Campus Partnership
• Neutral Sentiment: AMD’s upcoming Aug. 4 earnings report is creating anticipation for a possible beat-and-raise quarter, but the actual results are still pending.
• Negative Sentiment: ARK Invest continued selling AMD shares, which may temper enthusiasm among some investors. Cathie Wood Bets Big on META Ahead of Q2 Earnings, Sells AMD and Other Growth Stocks

Analyst Ratings Changes

A number of analysts recently issued reports on AMD shares. The Goldman Sachs Group raised their price objective on shares of Advanced Micro Devices from $450.00 to $640.00 and gave the stock a “buy” rating in a report on Monday, July 6th. Jefferies Financial Group downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada increased their price objective on Advanced Micro Devices from $325.00 to $400.00 and gave the company a “sector perform” rating in a report on Wednesday, May 6th. UBS Group raised their target price on Advanced Micro Devices from $455.00 to $670.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Finally, Wall Street Zen cut Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Sunday. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $458.92.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock traded up $11.17 during trading hours on Friday, reaching $557.89. The company had a trading volume of 20,634,405 shares, compared to its average volume of 27,759,392. Advanced Micro Devices, Inc. has a one year low of $141.60 and a one year high of $584.73. The business has a fifty day simple moving average of $491.60 and a 200 day simple moving average of $318.92. 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 firm has a market cap of $909.70 billion, a PE ratio of 182.92, a price-to-earnings-growth ratio of 1.64 and a beta of 2.47.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The company had revenue of $10.25 billion for the quarter, compared to analyst estimates of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The firm’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.96 EPS. On average, analysts anticipate that Advanced Micro Devices, Inc. will post 6.18 earnings per share for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 31,320 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the executive vice president directly owned 1,236,037 shares in the company, valued at approximately $432,612,950. This trade represents a 2.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the transaction, the director directly owned 87,173 shares of the company’s stock, valued at approximately $45,504,306. This represents a 9.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 374,739 shares of company stock worth $161,135,671. 0.50% of the stock is owned by corporate insiders.

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.