Proem Advisors LLC purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 35,009 shares of the semiconductor manufacturer’s stock, valued at approximately $7,498,000. Advanced Micro Devices accounts for about 0.9% of Proem Advisors LLC’s holdings, making the stock its 14th biggest position.
Several other institutional investors and hedge funds have also recently bought and sold shares of AMD. Joseph Group Capital Management bought a new stake in Advanced Micro Devices in the 4th quarter valued at $25,000. ORG Wealth Partners LLC increased its holdings in Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 46 shares during the period. Koesten Hirschmann & Crabtree INC. increased its holdings in Advanced Micro Devices by 61.0% in the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 61 shares during the period. Aviso Financial Inc. increased its holdings in 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 buying an additional 160 shares during the period. Finally, Delos Wealth Advisors LLC increased its holdings in Advanced Micro Devices by 100.0% in the 3rd quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after buying an additional 100 shares during the period. Institutional investors own 71.34% of the company’s stock.
Advanced Micro Devices Stock Up 0.8%
Shares of NASDAQ AMD opened at $458.79 on Tuesday. The firm’s 50-day simple moving average is $253.97 and its 200 day simple moving average is $234.82. The company has a market cap of $748.10 billion, a price-to-earnings ratio of 150.42, a price-to-earnings-growth ratio of 1.40 and a beta of 2.40. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 12-month low of $106.98 and a 12-month high of $469.22.
Insider Activity at Advanced Micro Devices
In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 7,500 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president directly owned 129,598 shares in the company, valued at approximately $26,550,742.26. This represents a 5.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the transaction, the executive vice president owned 289,098 shares in the company, valued at approximately $62,679,337.38. The trade was a 6.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 304,672 shares of company stock worth $70,135,070 in the last 90 days. Corporate insiders own 0.50% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on AMD shares. HSBC lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and boosted their price target for the company from $335.00 to $340.00 in a report on Monday, May 4th. Phillip Securities raised shares of Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a report on Sunday, February 8th. Barclays upped their target price on shares of Advanced Micro Devices from $300.00 to $500.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. upped their target price on shares of Advanced Micro Devices from $270.00 to $385.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Finally, Raymond James Financial started coverage on shares of Advanced Micro Devices in a report on Wednesday, May 6th. They issued a “market perform” rating on the stock. 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. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $388.84.
Get Our Latest Report on Advanced Micro Devices
Advanced Micro Devices News Summary
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AMD is benefiting from a broad AI-driven semiconductor rally, with investors rotating into chip stocks tied to data center growth and AI inference demand. AI chip stocks surge as investors refocus on growth
- Positive Sentiment: Wall Street is betting on a stronger AI CPU cycle, which supports AMD’s server business and helped push the stock to a new 52-week high. AMD stock hits new high as Wall Street bets on AI CPU supercycle
- Positive Sentiment: Recent coverage highlights AMD’s management sounding increasingly confident after earnings, with analysts pointing to a larger server CPU opportunity and continued AI momentum. AMD Stock Remains a Top Pick for This Top Analyst – Here’s Why
- Positive Sentiment: AMD’s partnership with Rackspace to build an enterprise AI cloud for regulated industries adds another potential revenue stream and strengthens the company’s AI ecosystem story. AMD Rackspace AI Cloud Deal Targets Regulated Growth And Valuation Questions
- Neutral Sentiment: Cathie Wood’s ARK funds have continued trimming AMD, but the selling appears more like portfolio rebalancing than a direct negative on AMD’s fundamentals. Cathie Wood Dumps Another $3 Million In AMD Stock As Ark Invest Trims For Third Day Running, This Is The AI Stock She Is Buying Instead
- Neutral Sentiment: Some commentary warns the stock’s sharp run has raised valuation and correction risk, which could limit upside if momentum cools. Machine learning algorithm predicts AMD stock price on May 31, 2026
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.
See Also
- Five stocks we like better than Advanced Micro Devices
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
- MercadoLibre Boldly Invests in Growth: Discount Deepens
Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.
