Advanced Micro Devices, Inc. $AMD Shares Sold by Victory Capital Management Inc.

Key Points

• Victory Capital trimmed its stake in AMD by 2.1%, selling 186,686 shares and now holding 8,910,031 shares worth about $1.412 billion (≈0.55% of AMD), making the stock its 11th largest holding.
• Insider selling accelerated: CEO Lisa T. Su sold 125,000 shares for ~$26.8M and SVP Ava Hahn sold 2,442 shares, with insiders totaling 271,892 shares sold (~$58.48M) over the past 90 days (insiders own ~0.06% of shares).
• Fundamentals and analyst stance: AMD beat quarterly estimates (EPS $1.53 vs. $1.32; revenue $10.27B vs. $9.65B, +34.1% YoY), and analysts remain largely positive with a consensus "Moderate Buy" and an average price target of $290.53.

Victory Capital Management Inc. lowered its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 2.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,910,031 shares of the semiconductor manufacturer's stock after selling 186,686 shares during the quarter. Advanced Micro Devices makes up approximately 0.9% of Victory Capital Management Inc.'s holdings, making the stock its 11th biggest holding. Victory Capital Management Inc. owned approximately 0.55% of Advanced Micro Devices worth $1,411,797,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Koesten Hirschmann & Crabtree INC. increased its stake in Advanced Micro Devices by 61.0% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock valued at $26,000 after purchasing an additional 61 shares during the last quarter. ORG Wealth Partners LLC boosted its stake 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 worth $26,000 after buying an additional 46 shares during the last quarter. Pinney & Scofield Inc. increased its stake in shares of Advanced Micro Devices by 81.0% during the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer's stock valued at $27,000 after acquiring an additional 85 shares during the last quarter. Aviso Financial Inc. lifted its holdings in shares of Advanced Micro Devices by 400.0% during the 3rd quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer's stock worth $32,000 after acquiring an additional 160 shares during the period. Finally, Signature Resources Capital Management LLC boosted its position in shares of Advanced Micro Devices by 170.4% in the third quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer's stock worth $35,000 after acquiring an additional 138 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Insider Buying and Selling at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,442 shares of the business's stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $234.42, for a total value of $572,453.64. Following the completion of the sale, the senior vice president owned 16,359 shares of the company's stock, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $214.36, for a total value of $26,795,000.00. Following the completion of the transaction, the chief executive officer owned 3,152,476 shares of the company's stock, valued at $675,764,755.36. This trade represents a 3.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 271,892 shares of company stock worth $58,476,908 in the last 90 days. 0.06% of the stock is owned by corporate insiders.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $198.62 on Tuesday. The firm has a market capitalization of $323.83 billion, a PE ratio of 74.95, a price-to-earnings-growth ratio of 0.76 and a beta of 1.98. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The stock's 50 day moving average price is $219.26 and its 200 day moving average price is $208.52. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 company had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. During the same quarter last year, the firm posted $1.09 earnings per share. The business's quarterly revenue was up 34.1% on a year-over-year basis. As a group, sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AMD. CICC Research raised shares of Advanced Micro Devices from a "market perform" rating to an "outperform" rating and set a $265.00 price target for the company in a research report on Friday, November 7th. The Goldman Sachs Group upped their price objective on Advanced Micro Devices from $210.00 to $240.00 and gave the stock a "neutral" rating in a report on Wednesday, February 25th. KeyCorp reiterated an "overweight" rating and issued a $330.00 target price on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Evercore restated an "outperform" rating and set a $358.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Finally, Sanford C. Bernstein set a $235.00 price objective on Advanced Micro Devices in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $290.53.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: UBS reiterates bullish view and recommends buying AMD ahead of an expected 2H26 ramp in AI chip shipments — the firm highlights improved AI positioning and upcoming MI450 hyperscaler shipments as catalysts for revenue acceleration. Buy AMD Shares Ahead of 2H26 Ramp, Says UBS
• Positive Sentiment: UBS analyst Timothy Arcuri ranks AMD among top AI chip names versus Nvidia and Micron, reinforcing the firm’s constructive stance on AMD’s data‑center and AI roadmap. NVDA vs. MU vs. AMD – Top UBS Analyst Picks the Best AI Chip Stock
• Positive Sentiment: Meta reportedly paused its internal Olympus accelerator and signed multi‑billion dollar deals with AMD and Google, and may take up to a 10% stake in AMD — a large, strategic hyperscaler customer win that materially de‑risks AMD’s revenue outlook. Meta Resets AI Hardware Plan With AMD And Google Partnerships
• Positive Sentiment: Flex expands U.S. manufacturing collaboration to produce AMD Instinct accelerators domestically — improves supply resiliency and may ease hyperscaler procurement constraints. Flex Announces U.S. Manufacturing Collaboration with AMD
• Positive Sentiment: Wind River announced a strategic collaboration with AMD to deliver a unified Open RAN / AI‑RAN platform — expands TAM in telecom infrastructure and strengthens edge compute partnerships. Wind River Announces Strategic Collaboration with AMD
• Positive Sentiment: Mizuho raised its price target on AMD, reflecting continued analyst confidence in multi‑year AI and PC opportunities. Mizuho Raises PT on Advanced Micro Devices, Inc. (AMD) Stock
• Positive Sentiment: Cathie Wood’s funds added to AMD, signaling conviction from large thematic AI investors and providing incremental demand into the stock. Cathie Wood Pours Millions on AMD
• Neutral Sentiment: AMD launched the Ryzen AI 400 Series for desktops (Copilot+ PC support), expanding the AI‑PC product line — strategically positive long term but market impact is mixed near term. AMD Gives Consumers and Businesses More AI PC Options
• Neutral Sentiment: Industry reports and partnerships (GSMA Open Telco AI, hardware‑optimized diffusion IP studies) cite AMD among key players — supports TAM expansion but is not an immediate earnings catalyst. Hardware-Optimized Diffusion Model IP Market Report
• Negative Sentiment: Shares slipped after the Ryzen AI 400 reveal as investors took profits and rotated — the near‑term reaction shows the market is looking for clearer hyperscaler order cadence and delivery timelines. AMD Shares Slip After Launch of Ryzen AI 400 Desktop Chips
• Negative Sentiment: Analysis flags concentration risk around key customers (OpenAI, hyperscalers) — loss or slower adoption by one large customer could disproportionately affect growth. Does AMD Have an OpenAI Problem?
• Negative Sentiment: Nvidia’s accounting change (including stock‑based comp in earnings) could make its reported margins look relatively stronger versus peers, complicating comps and investor perception for AMD and Broadcom. Nvidia Earnings to Include Cost of Stock-Based Pay

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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