Advanced Micro Devices, Inc. $AMD Shares Purchased by Allworth Financial LP

Key Points

• Allworth Financial LP increased its AMD stake by 21.9% in the fourth quarter, bringing its holdings to 106,673 shares valued at about $22.8 million.
• AMD’s latest earnings beat expectations, with Q1 EPS of $1.37 versus $1.29 expected and revenue of $10.25 billion, up 37.8% year over year.
• Sentiment around AMD remains broadly positive, as several analysts raised price targets and highlighted strength in AI, server, and data-center demand, even though some caution remains on valuation.

Allworth Financial LP grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 21.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,673 shares of the semiconductor manufacturer's stock after acquiring an additional 19,130 shares during the period. Allworth Financial LP's holdings in Advanced Micro Devices were worth $22,845,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of AMD. Brighton Jones LLC grew its stake in shares of Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock worth $5,551,000 after acquiring an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock worth $1,001,000 after acquiring an additional 234 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of Advanced Micro Devices by 125.1% in the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock worth $758,000 after acquiring an additional 2,970 shares in the last quarter. United Bank grew its stake in shares of Advanced Micro Devices by 22.0% in the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer's stock worth $1,881,000 after acquiring an additional 2,392 shares in the last quarter. Finally, Schnieders Capital Management LLC. grew its stake in shares of Advanced Micro Devices by 361.0% in the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer's stock worth $1,310,000 after acquiring an additional 7,228 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD unveiled new Ryzen PRO 9000 workstation chips with 3D V-Cache, aimed at boosting performance for AI, simulation, and gaming, which could support client and gaming revenue later in 2026. Article: New Ryzen PRO 9000 Offerings Lift AMD's Client & Gaming: What's Ahead?
• Positive Sentiment: Multiple analysts raised price targets on AMD, including Bank of America’s move to $500 and Mizuho’s hike to $515, reinforcing the view that AI/server demand remains a strong tailwind. Article: Top Bank of America Analyst Raises AMD Stock Price Target – Here’s Why
• Positive Sentiment: Recent commentary says AMD is becoming a more important AI infrastructure player, helped by sizable customer wins and strong data-center revenue growth. Article: After AMD's Blowout Earnings Report, Is This AI Stock About to Enter the $1 Trillion Club?
• Positive Sentiment: UBS said AMD and Arm are continuing to gain server market share while Intel loses share, which supports the bull case for AMD’s core data-center business. Article: AMD and ARM Extend Server Market Gains While Intel Loses Share (AMD)
• Neutral Sentiment: Some analysts remain cautious on valuation, and Northland kept a Market Perform rating even while lifting some earnings estimates, suggesting expectations are already elevated.
• Negative Sentiment: Several articles warned that the semiconductor trade may be cooling after a strong run, with profit-taking and broad tech concentration risks potentially pressuring AMD shares.
• Negative Sentiment: One market piece flagged technical vulnerability in AMD alongside the broader VanEck Semiconductor ETF, hinting that short-term momentum could be vulnerable if sentiment weakens. Article: Advanced Micro Devices and Rambus Show Signs of Technical Vulnerability. Where Prices Could Be Headed.

Insider Activity

In other news, EVP Paul Darren Grasby sold 24,376 shares of the company's 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 directly owned 105,222 shares of the company's stock, valued at approximately $46,759,604.58. This represents a 18.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Lisa T. Su sold 85,000 shares of the company's stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $198.77, for a total transaction of $16,895,450.00. Following the completion of the sale, the chief executive officer directly owned 3,146,006 shares of the company's stock, valued at $625,331,612.62. The trade was a 2.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 184,598 shares of company stock valued at $49,955,566. Insiders own 0.50% of the company's stock.

Advanced Micro Devices Price Performance

Shares of AMD opened at $449.70 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $107.67 and a 1-year high of $469.21. The stock has a market cap of $733.28 billion, a PE ratio of 147.44, a price-to-earnings-growth ratio of 1.33 and a beta of 2.40. 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 fifty day moving average price of $269.05 and a 200 day moving average price of $239.23.

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 analysts' consensus estimates 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 business had revenue of $10.25 billion during the quarter, compared to analysts' expectations of $9.90 billion. During the same period in the prior year, the company earned $0.96 earnings per share. The business's revenue was up 37.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.17 EPS for the current year.

Analyst Upgrades and Downgrades

AMD has been the subject of several research reports. Oppenheimer downgraded shares of Advanced Micro Devices from a "market perform" rating to a "market perform" rating in a research note on Wednesday, May 6th. Evercore reiterated an "outperform" rating and set a $358.00 target price on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Truist Financial set a $478.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, May 6th. Phillip Securities upgraded shares of Advanced Micro Devices from a "moderate buy" rating to a "strong-buy" rating in a research note on Sunday, February 8th. Finally, Jefferies Financial Group downgraded shares of Advanced Micro Devices from a "buy" rating to a "hold" rating in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $396.95.

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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