Advanced Micro Devices, Inc. $AMD Shares Sold by Qtron Investments LLC

Key Points

• Qtron Investments LLC cut its AMD stake by 15.8% in the fourth quarter, selling 2,730 shares and ending with 14,592 shares valued at about $3.13 million.
• Several other institutional investors were active in AMD, with some significantly increasing their positions; overall, hedge funds and institutions own 71.34% of the company.
• Analysts remain constructive on AMD: recent price-target hikes from firms like Mizuho, TD Cowen, KeyCorp, and Morgan Stanley left the consensus rating at Moderate Buy with an average target price of $421.49.

Qtron Investments LLC decreased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 15.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,592 shares of the semiconductor manufacturer's stock after selling 2,730 shares during the quarter. Qtron Investments LLC's holdings in Advanced Micro Devices were worth $3,125,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Impax Asset Management Group plc raised its holdings in shares of Advanced Micro Devices by 326.5% during the third quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer's stock valued at $8,424,000 after acquiring an additional 39,861 shares during the last quarter. Jefferies Financial Group Inc. raised its holdings in shares of Advanced Micro Devices by 6,228.8% during the fourth quarter. Jefferies Financial Group Inc. now owns 308,021 shares of the semiconductor manufacturer's stock valued at $65,966,000 after acquiring an additional 303,154 shares during the last quarter. Williamson Legacy Group LLC acquired a new position in shares of Advanced Micro Devices during the fourth quarter valued at approximately $1,118,000. Thoroughbred Financial Services LLC raised its holdings in shares of Advanced Micro Devices by 8.8% during the fourth quarter. Thoroughbred Financial Services LLC now owns 32,827 shares of the semiconductor manufacturer's stock valued at $7,030,000 after acquiring an additional 2,654 shares during the last quarter. Finally, Zweig DiMenna Associates LLC raised its holdings in shares of Advanced Micro Devices by 127.6% during the third quarter. Zweig DiMenna Associates LLC now owns 72,602 shares of the semiconductor manufacturer's stock valued at $11,746,000 after acquiring an additional 40,708 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on AMD shares. Morgan Stanley increased their target price on Advanced Micro Devices from $360.00 to $410.00 and gave the company an "equal weight" rating in a report on Wednesday, May 6th. KeyCorp increased their target price on Advanced Micro Devices from $330.00 to $530.00 and gave the company an "overweight" rating in a report on Wednesday, May 6th. Weiss Ratings raised Advanced Micro Devices from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday, May 6th. Mizuho increased their target price on Advanced Micro Devices from $515.00 to $615.00 and gave the company an "outperform" rating in a report on Monday, June 1st. Finally, TD Cowen increased their target price on Advanced Micro Devices from $500.00 to $600.00 and gave the company a "buy" rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $421.49.

Insiders Place Their Bets

In other news, EVP Forrest Eugene Norrod sold 19,487 shares of the company's stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total value of $8,406,691.80. Following the completion of the sale, the executive vice president directly owned 324,527 shares in the company, valued at $140,000,947.80. This represents a 5.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $445.51, for a total value of $55,688,750.00. Following the completion of the transaction, the chief executive officer owned 3,021,899 shares of the company's stock, valued at $1,346,286,223.49. The trade was a 3.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 247,032 shares of company stock valued at $101,072,366. Insiders own 0.50% of the company's stock.

Advanced Micro Devices Price Performance

AMD stock opened at $488.45 on Friday. 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 business has a 50 day simple moving average of $380.39 and a 200-day simple moving average of $272.51. The firm has a market capitalization of $796.47 billion, a PE ratio of 160.15, a price-to-earnings-growth ratio of 1.33 and a beta of 2.50. Advanced Micro Devices, Inc. has a 1 year low of $115.06 and a 1 year high of $546.44.

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

Key Advanced Micro Devices News

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

• Positive Sentiment: Bank of America raised its price target on AMD to $560 and reiterated a buy rating, calling AMD its “top CPU pick” on expectations that agentic AI will boost demand for server CPUs and related hardware. AMD Stock Rises as BofA Lifts Price Target, Calls it ‘Top CPU Pick’
• Positive Sentiment: Several reports said semiconductor stocks, including AMD, rallied after BofA highlighted a roughly $170 billion opportunity tied to agentic AI workloads, which could support demand for CPUs, GPUs, and data-center infrastructure. Nvidia, AMD, Arm stocks rally as BofA sees $170B agentic AI opportunity
• Positive Sentiment: Analyst estimate revisions also turned more constructive, with Erste Group lifting its FY2026 and FY2027 earnings forecasts for AMD, reinforcing the view that profits can keep growing as AI and data-center spending expand.
• Positive Sentiment: Media coverage around leaks of faster Zen 6 CPU speeds and pieces arguing AMD still has substantial upside added to the bullish sentiment around the stock.
• Neutral Sentiment: AMD’s huge 12-month run has prompted some valuation caution, with multiple articles asking whether the stock has run too far after its big gain. That may temper enthusiasm, even though the longer-term AI growth narrative remains intact. Is It Too Late to Buy Advanced Micro Devices (AMD) Stock After Its 12-Month Gain of 300%?
• Negative Sentiment: Some traders are taking profits across AI and semiconductor names, and one report said retail investors were cashing out of AMD and other chip stocks ahead of the SpaceX IPO, adding short-term selling pressure. Retail Is Cashing Out Of Micron, AMD, AI Stocks Ahead Of SpaceX IPO

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.

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