Teacher Retirement System of Texas Raises Stock Position in Advanced Micro Devices, Inc. $AMD

Teacher Retirement System of Texas lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 31.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 449,160 shares of the semiconductor manufacturer’s stock after buying an additional 107,511 shares during the quarter. Teacher Retirement System of Texas’ holdings in Advanced Micro Devices were worth $96,192,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of AMD. Jennison Associates LLC purchased a new position in shares of Advanced Micro Devices in the 3rd quarter worth approximately $626,826,000. Wellington Management Group LLP grew its position in shares of Advanced Micro Devices by 335.9% in the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock worth $784,330,000 after buying an additional 3,735,807 shares during the last quarter. Assenagon Asset Management S.A. grew its position in shares of Advanced Micro Devices by 104.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer’s stock worth $1,283,096,000 after buying an additional 3,059,935 shares during the last quarter. Nordea Investment Management AB grew its position in shares of Advanced Micro Devices by 203.7% in the 3rd quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock worth $631,892,000 after buying an additional 2,619,294 shares during the last quarter. Finally, Rafferty Asset Management LLC grew its position in shares of Advanced Micro Devices by 56.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer’s stock worth $961,078,000 after buying an additional 2,430,533 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. DA Davidson raised shares of Advanced Micro Devices to a “hold” rating in a research report on Friday, February 13th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Piper Sandler reiterated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Morgan Stanley lowered their target price on shares of Advanced Micro Devices from $260.00 to $255.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 4th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Advanced Micro Devices in a research note on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average price target of $292.14.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 27,109 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $275.00, for a total transaction of $7,454,975.00. Following the completion of the transaction, the executive vice president directly owned 1,267,357 shares of the company’s stock, valued at approximately $348,523,175. This trade represents a 2.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the transaction, the chief executive officer directly owned 3,152,476 shares of the company’s stock, valued at $675,764,755.36. This represents a 3.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 273,352 shares of company stock valued at $59,173,070. 0.50% of the stock is owned by corporate insiders.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Stifel raised its price target to $320, signaling stronger Wall Street conviction that AMD can capture accelerating AI-driven demand; that upgrade is cited as a key catalyst for the recent rally. Stifel Nicolaus Raises Advanced Micro Devices (NASDAQ:AMD) Price Target to $320.00
• Positive Sentiment: AMD launched the Ryzen 9 9950X3D2 Dual Edition (reported at an $899 price point), a high-end CPU that reinforces AMD’s product cycle strength in consumer/prosumer markets and helped spark buying interest. AMD Stock Jumps on the Launch of the Ryzen 9 9950x3d2 Dual Edition
• Positive Sentiment: Multiple outlets point to re-ignited AI infrastructure demand and heavy institutional inflows as broader sector tailwinds lifting AMD alongside other chip names, supporting upside momentum into upcoming earnings. AMD Stock Surges: Why AI Demand Is Fueling A Massive Run
• Neutral Sentiment: Coverage weighing whether AMD’s recent run leaves attractive upside — pieces analyze returns and what current prices imply for future growth, useful for timing but offering no new fundamental catalyst. Is It Too Late To Consider AMD (NasdaqGS:AMD) After Its AI Partnership Momentum?
• Neutral Sentiment: Analyst and long-form commentary argue AMD “found its edge” in AI/CPU stacks — supportive narrative but largely reiterative of product/market positioning rather than new data. AMD Finally Found Its Edge
• Negative Sentiment: Zacks flags a potential ~200 bps sequential gross-margin contraction in Q1 as prior one-time gains fade, China weakness and seasonality bite — a nearer-term profit-quality headwind investors should watch. AMD’s Gross Margin to Contract Sequentially: Is Growth Getting Harder?
• Negative Sentiment: Several commentators warn valuation and relative upside concerns (AMD trading at a premium vs. peers) — reminders that strong momentum raises downside risk if growth or margins disappoint. 3 AI Chipmakers With Far More Upside Than AMD
• Negative Sentiment: Top investor commentary cautions “don’t get swept up” after a steep run — sentiment risk that could accelerate short-term profit taking ahead of earnings. ‘Don’t Get Swept Up,’ Says Top Investor About AMD Stock

Advanced Micro Devices Stock Performance

AMD opened at $303.46 on Thursday. Advanced Micro Devices, Inc. has a 12-month low of $90.12 and a 12-month high of $304.25. 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 $494.74 billion, a PE ratio of 114.51, a P/E/G ratio of 1.03 and a beta of 1.96. The firm has a 50 day moving average of $217.01 and a two-hundred day moving average of $223.51.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The company had revenue of $10.27 billion during the quarter, compared to analyst estimates of $9.65 billion. During the same period last year, the firm posted $1.09 EPS. Advanced Micro Devices’s revenue for the quarter was up 34.1% compared to the same quarter last year. On average, analysts anticipate that Advanced Micro Devices, Inc. will post 5.78 EPS for the current year.

About Advanced Micro Devices

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.