Advanced Micro Devices, Inc. $AMD Shares Sold by SP Asset Management LLC

Key Points

• SP Asset Management LLC trimmed its Q4 stake in Advanced Micro Devices by 8.9%, selling 4,217 shares and finishing the period with 43,293 shares worth about $9.27 million.
• Insider selling was material: EVP Mark Papermaster sold 27,109 shares at $275 and CEO Lisa Su sold 125,000 shares at $214.36, with company insiders offloading 273,352 shares worth roughly $59.17 million in the last quarter (Papermaster's sale ran under a Rule 10b5-1 plan).
• Bullish catalysts—Stifel lifting its price target to $320 and the Ryzen 9 9950X3D2 launch—have helped push AMD toward all-time highs, but a high valuation (PE ~115) and analyst warnings about potential margin pressure and China weakness create downside risk.

SP Asset Management LLC lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 8.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,293 shares of the semiconductor manufacturer's stock after selling 4,217 shares during the period. SP Asset Management LLC's holdings in Advanced Micro Devices were worth $9,272,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock worth $5,551,000 after purchasing an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock worth $1,001,000 after purchasing an additional 234 shares during the last quarter. Sivia Capital Partners LLC grew its stake in 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 purchasing an additional 2,970 shares in the last quarter. United Bank grew its stake in 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 purchasing an additional 2,392 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its holdings in 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 valued at $1,310,000 after buying an additional 7,228 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Mark D. Papermaster sold 27,109 shares of the stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $275.00, for a total value of $7,454,975.00. Following the completion of the transaction, the executive vice president directly owned 1,267,357 shares of the company's stock, valued at $348,523,175. This represents a 2.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 125,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total value of $26,795,000.00. Following the completion of the sale, the chief executive officer owned 3,152,476 shares in the company, valued at approximately $675,764,755.36. This represents a 3.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 273,352 shares of company stock worth $59,173,070 in the last quarter. Company insiders own 0.50% of the company's stock.

Key Stories Impacting Advanced Micro Devices

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 Price Performance

Shares of NASDAQ AMD opened at $305.33 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01. The firm has a market capitalization of $497.79 billion, a PE ratio of 115.22, a P/E/G ratio of 1.10 and a beta of 1.96. Advanced Micro Devices, Inc. has a 1-year low of $90.37 and a 1-year high of $310.22. The business's fifty day moving average price is $218.99 and its two-hundred day moving average price is $224.08.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The business had revenue of $10.27 billion during the quarter, compared to analyst estimates of $9.65 billion. During the same quarter in the prior year, the firm earned $1.09 earnings per share. The company's quarterly revenue was up 34.1% on a year-over-year basis. On average, research analysts expect that Advanced Micro Devices, Inc. will post 5.78 EPS for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Cantor Fitzgerald restated an "overweight" rating on shares of Advanced Micro Devices in a research note on Monday, February 2nd. DA Davidson upgraded Advanced Micro Devices to a "hold" rating in a report on Friday, February 13th. Wedbush restated an "outperform" rating and set a $290.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Roth Mkm reaffirmed a "buy" rating on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Finally, Piper Sandler reissued an "overweight" rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. One research 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 stock. According to MarketBeat.com, Advanced Micro Devices has an average rating of "Moderate Buy" and an average target price of $292.14.

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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