1,433 Shares in Advanced Micro Devices, Inc. $AMD Acquired by Johnson Financial Group LLC

Key Points

• Johnson Financial Group LLC opened a new position in Advanced Micro Devices during the fourth quarter, buying 1,433 shares worth about $307,000.
• AMD continues to benefit from the AI chip boom, with headlines citing strong demand for data-center CPUs and Instinct accelerators, plus new 2nm EPYC Venice production ramp plans that could support future growth.
• Wall Street remains broadly bullish on AMD, with several analysts raising price targets and the consensus rating sitting at Moderate Buy; however, the stock’s premium valuation and recent insider sales may temper enthusiasm.

Johnson Financial Group LLC bought a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,433 shares of the semiconductor manufacturer's stock, valued at approximately $307,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. James J. Burns & Company LLC lifted its holdings in shares of Advanced Micro Devices by 2.3% during the fourth quarter. James J. Burns & Company LLC now owns 1,816 shares of the semiconductor manufacturer's stock worth $389,000 after purchasing an additional 40 shares during the period. Cassaday & Co Wealth Management LLC raised its stake in Advanced Micro Devices by 0.9% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 4,912 shares of the semiconductor manufacturer's stock worth $1,052,000 after buying an additional 43 shares during the last quarter. Willis Johnson & Associates Inc. lifted its holdings in Advanced Micro Devices by 1.9% in the fourth quarter. Willis Johnson & Associates Inc. now owns 2,304 shares of the semiconductor manufacturer's stock valued at $493,000 after buying an additional 44 shares during the period. Addison Advisors LLC boosted its position in Advanced Micro Devices by 12.7% during the third quarter. Addison Advisors LLC now owns 400 shares of the semiconductor manufacturer's stock valued at $65,000 after acquiring an additional 45 shares during the last quarter. Finally, Smith Moore & CO. boosted its position in Advanced Micro Devices by 1.1% during the third quarter. Smith Moore & CO. now owns 3,962 shares of the semiconductor manufacturer's stock valued at $641,000 after acquiring an additional 45 shares during the last quarter. Institutional investors own 71.34% of the company's stock.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD remains a beneficiary of the AI-driven chip rally, with investors encouraged by demand for its data-center CPUs and Instinct accelerators, plus the new 2nm EPYC Venice production ramp that supports future revenue growth. Why Advanced Micro Devices (AMD) Is Up 10.4% After Launching 2nm EPYC Venice Production
• Positive Sentiment: AMD CFO Jean Hu said “agentic AI” is driving significant CPU demand, reinforcing the view that AI is creating a durable growth tailwind for AMD’s server business. AMD CFO Jean Hu Says Agentic AI Has Driven ‘Significant Demand’ for CPUs
• Positive Sentiment: Wall Street commentary remains constructive, with at least one analyst upgrading AMD to Strong Buy on the thesis that surging AI inference demand could expand AMD’s share in data-center AI workloads. AMD: The Case Has Changed, Time To Be Bullish (Rating Upgrade)
• Positive Sentiment: Sector enthusiasm is also helping AMD, as chip stocks rallied broadly and the SOX index reached a record high, lifting sentiment across AI semiconductors. Marvell, AMD Rally, Lead Chip Stocks To Record High
• Neutral Sentiment: Recent conference and market coverage has highlighted AMD’s strong AI narrative, but some investors are watching valuation closely as the stock trades near record highs and technical indicators suggest it may be overbought. AMD Trades Close to 52-Week High: Buy, Sell or Hold the Stock?
• Negative Sentiment: Insider sales by director Nora Denzel may temper sentiment a bit, since the transactions can be read as profit-taking after a steep run-up in AMD shares. SEC Form 4 filing
• Negative Sentiment: Competition remains a risk, especially after Nvidia’s new PC-chip push renewed concerns about share loss in adjacent markets and intensified the AI-chip arms race. NVIDIA Sends Message With RTX Spark: This is What It Says

Advanced Micro Devices Price Performance

AMD opened at $542.52 on Thursday. 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 company has a market capitalization of $884.63 billion, a price-to-earnings ratio of 177.88, a P/E/G ratio of 1.53 and a beta of 2.50. The firm's fifty day moving average price is $347.08 and its two-hundred day moving average price is $261.63. Advanced Micro Devices, Inc. has a 1 year low of $114.71 and a 1 year high of $546.44.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, beating the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $9.90 billion. During the same quarter in the prior year, the company posted $0.96 earnings per share. The firm's revenue for the quarter was up 37.8% on a year-over-year basis. As a group, analysts anticipate that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 24,376 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $444.39, for a total value of $10,832,450.64. Following the completion of the sale, the executive vice president owned 105,222 shares in the company, valued at approximately $46,759,604.58. This trade represents a 18.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 transaction, the executive vice president directly owned 1,236,037 shares in the company, valued at approximately $432,612,950. This represents a 2.47% 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. Insiders sold a total of 339,532 shares of company stock worth $119,504,341 in the last ninety days. 0.50% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

AMD has been the subject of several recent analyst reports. Truist Financial set a $478.00 target price on Advanced Micro Devices in a research note on Wednesday, May 6th. Royal Bank Of Canada increased their price objective on shares of Advanced Micro Devices from $325.00 to $400.00 and gave the stock a "sector perform" rating in a research report on Wednesday, May 6th. Seaport Research Partners raised Advanced Micro Devices from a "neutral" rating to a "buy" rating and set a $430.00 price objective for the company in a research note on Wednesday, May 6th. Piper Sandler restated an "overweight" rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Finally, Bank of America upped their target price on Advanced Micro Devices from $450.00 to $500.00 and gave the stock a "buy" rating in a research report on Wednesday, May 13th. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $419.86.

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.

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