Quent Long Short Global Small Cap Fund LP Invests $1.99 Million in Advanced Micro Devices, Inc. $AMD

Quent Long Short Global Small Cap Fund LP bought a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 9,312 shares of the semiconductor manufacturer’s stock, valued at approximately $1,994,000.

A number of other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of Advanced Micro Devices by 0.9% in the third quarter. Vanguard Group Inc. now owns 155,997,751 shares of the semiconductor manufacturer’s stock valued at $25,238,876,000 after acquiring an additional 1,348,892 shares in the last quarter. State Street Corp increased its holdings in Advanced Micro Devices by 2.4% during the third quarter. State Street Corp now owns 73,824,441 shares of the semiconductor manufacturer’s stock valued at $11,944,056,000 after buying an additional 1,755,182 shares during the period. Amundi increased its holdings in Advanced Micro Devices by 17.5% during the third quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer’s stock valued at $2,181,937,000 after buying an additional 2,012,865 shares during the period. Invesco Ltd. increased its holdings in Advanced Micro Devices by 6.5% during the third quarter. Invesco Ltd. now owns 13,348,413 shares of the semiconductor manufacturer’s stock valued at $2,159,640,000 after buying an additional 813,844 shares during the period. Finally, Legal & General Group Plc increased its holdings in Advanced Micro Devices by 1.7% during the third quarter. Legal & General Group Plc now owns 11,579,113 shares of the semiconductor manufacturer’s stock valued at $1,873,385,000 after buying an additional 191,590 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the sale, the executive vice president owned 289,098 shares in the company, valued at $62,679,337.38. This represents a 6.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Paul Darren Grasby sold 7,500 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the completion of the sale, the executive vice president directly owned 129,598 shares in the company, valued at approximately $26,550,742.26. The trade was a 5.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 273,352 shares of company stock worth $59,173,070 in the last ninety days. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of AMD stock opened at $305.33 on Friday. The firm has a market capitalization of $497.79 billion, a price-to-earnings ratio of 115.22, a PEG ratio of 1.10 and a beta of 1.96. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. Advanced Micro Devices, Inc. has a fifty-two week low of $90.37 and a fifty-two week high of $310.22. The stock’s 50-day simple moving average is $218.99 and its 200-day simple moving average is $224.08.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. The firm had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The business’s quarterly revenue was up 34.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.09 earnings per share. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 5.78 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on AMD. UBS Group set a $310.00 target price on Advanced Micro Devices in a research note on Wednesday, February 4th. KeyCorp reiterated an “overweight” rating and issued a $330.00 target price on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Stifel Nicolaus lifted their target price on Advanced Micro Devices from $280.00 to $320.00 and gave the company a “buy” rating in a research note on Monday. The Goldman Sachs Group lifted their target price on Advanced Micro Devices from $210.00 to $240.00 and gave the company a “neutral” rating in a research note on Wednesday, February 25th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. One 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $292.14.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Stifel raised its price target to $320, driving renewed buy-side conviction that AMD can capture accelerating AI-driven compute demand; the move helped lift sentiment and institutional flows. Why Stifel Just Raised Its AMD Stock Price Target by 14%
• Positive Sentiment: Launch of the Ryzen 9 9950X3D2 (Dual 3D V-Cache) is being received as a high-end gaming and margin-accretive product, giving near-term revenue/margin tailwinds in the client segment. AMD Stock Jumps on the Launch of the Ryzen 9 9950X3D2 Dual Edition
• Positive Sentiment: Shares hit all-time highs as investors re-rate AMD on AI/server secular demand and stronger-than-expected top-line momentum. Momentum is being reinforced by several bullish Wall Street notes. AMD stock hits all-time high at 304.38 USD
• Positive Sentiment: Multiple analyst/coverage roundups and bullish commentaries are amplifying optimism that AMD’s EPYC/Instinct roadmap can sustain AI/server share gains. Wall Street Bullish on Advanced Micro Devices (AMD), Here’s What Analysts Have to Say
• Positive Sentiment: Institutional inflows and several price-target lifts (and coverage upgrades) have amplified the rally, signaling broad investor appetite for AMD exposure in the AI trade. Advanced Micro Devices (AMD) Stock Climbs 6.67% Following New Ryzen Launch and Price Target Boost
• Neutral Sentiment: OEM/product wins (Getac’s new G140 Copilot+ rugged PC) show AMD chips continuing to broaden adoption in industrial and edge devices — supportive, but not a near-term revenue inflection. Getac Redefines Rugged Mobility with Launch of G140 Copilot+ PC, Powered by AMD Technology
• Neutral Sentiment: Some broker notes (e.g., GF Securities) are bullish ahead of AMD’s May earnings and recommend accumulation, but these calls are contingent on continued AI/server strength. Should You Buy AMD Stock Before Earnings on May 5? GF Securities Says Yes.
• Negative Sentiment: Zacks warns of a potential sequential gross-margin contraction (~200 bps) due to fading one-time gains, China weakness and seasonality — a reminder margins may be pressured even as revenue grows. AMD’s Gross Margin to Contract Sequentially: Is Growth Getting Harder?
• Negative Sentiment: Valuation concerns are rising: several commentaries argue AMD’s run has priced in significant growth, warning about downside risk if AI/server share or margins disappoint. At Over $280, Is It Too Late To Buy AMD Stock?

Advanced Micro Devices 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.