Advanced Micro Devices, Inc. $AMD Stake Decreased by Krilogy Financial LLC

Key Points

• Krilogy Financial LLC reduced its AMD stake by 6.3% in the first quarter, selling 987 shares and ending with 14,649 shares valued at about $2.98 million.
• AMD’s latest quarter topped expectations, with EPS of $1.37 versus $1.29 expected and revenue of $10.25 billion, up 37.8% year over year.
• Despite some recent chip-sector weakness, analysts remain generally upbeat: several firms raised price targets or ratings, and MarketBeat shows AMD with a Moderate Buy consensus and an average target price of $440.41.

Krilogy Financial LLC cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 6.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,649 shares of the semiconductor manufacturer's stock after selling 987 shares during the period. Krilogy Financial LLC's holdings in Advanced Micro Devices were worth $2,980,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Joseph Group Capital Management bought a new position in shares of Advanced Micro Devices in the fourth quarter worth $25,000. Sarver Vrooman Wealth Advisors bought a new stake in shares of Advanced Micro Devices during the fourth quarter valued at about $27,000. Cornerstone Financial Management LLC acquired a new stake in Advanced Micro Devices in the fourth quarter worth about $27,000. Basepoint Wealth LLC acquired a new stake in Advanced Micro Devices in the fourth quarter worth about $30,000. Finally, Aviso Financial Inc. grew its position in Advanced Micro Devices by 400.0% in the 3rd quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer's stock valued at $32,000 after buying an additional 160 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: UBS boosted its AMD price target, reinforcing the view that Wall Street still sees meaningful upside in the shares despite the recent rally. 5-star analyst sets jaw-dropping AMD stock price target
• Positive Sentiment: UBS and other analysts highlighted rising demand tied to agentic AI workloads, which could benefit AMD’s enterprise and data center CPU business. UBS Raises AMD and ARM Stock Price Targets amid Agentic AI-Driven CPU Demand
• Positive Sentiment: Gartner called AMD the company to beat in enterprise AI server CPUs, adding to the bullish narrative around its EPYC lineup and AI data center share gains. Gartner Says AMD Is the ‘Company to Beat for Enterprise AI Server CPUs’
• Positive Sentiment: Reports continue to frame AMD as a beneficiary of AI infrastructure spending, including new memory-optimization and data center efficiency themes tied to its MEXT acquisition. AMD’s MEXT Acquisition Is More Important Than Markets Realize. Here’s How It Solves the Memory Bottleneck.
• Neutral Sentiment: Several articles compare AMD with Arm and Nvidia in the AI data center race, underscoring long-term competition rather than a clear near-term catalyst. Arm Holdings vs Advanced Micro Devices: One Winner of The AI Data Center Showdown
• Negative Sentiment: AMD is also being dragged by a broader chip-sector and tech selloff, with investors taking profits after a very strong run in semiconductor and AI stocks. Nvidia, AMD, and Micron Slide as Global AI Stock Sell-Off Hits Chip Sector
• Negative Sentiment: Market commentary also noted AMD pulling back despite bullish analyst upgrades, suggesting today’s move is being limited by sector-wide caution rather than company-specific weakness. AMD Stock Is Trending: What's Happening Today?

Advanced Micro Devices Price Performance

NASDAQ AMD opened at $518.55 on Thursday. Advanced Micro Devices, Inc. has a 1 year low of $133.50 and a 1 year high of $562.99. The stock's 50-day moving average price is $434.39 and its two-hundred day moving average price is $292.31. The company has a market cap of $845.55 billion, a PE ratio of 170.02, a PEG ratio of 1.53 and a beta of 2.50. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released 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 for the quarter, compared to analyst estimates of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The firm's revenue was up 37.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.96 earnings per share. On average, analysts predict that Advanced Micro Devices, Inc. will post 6.15 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Loop Capital upgraded Advanced Micro Devices to a "strong-buy" rating in a research report on Tuesday, June 16th. Northland Securities reissued a "market perform" rating and issued a $260.00 price objective on shares of Advanced Micro Devices in a research note on Monday, April 27th. Melius Research set a $540.00 price objective on Advanced Micro Devices in a report on Monday, May 18th. Morgan Stanley raised their target price on Advanced Micro Devices from $360.00 to $410.00 and gave the company an "equal weight" rating in a research note on Wednesday, May 6th. Finally, Seaport Research Partners raised Advanced Micro Devices from a "neutral" rating to a "buy" rating and set a $430.00 target price on the stock in a report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Advanced Micro Devices presently has an average rating of "Moderate Buy" and an average target price of $440.41.

Insider Buying and Selling

In other news, EVP Forrest Eugene Norrod sold 19,487 shares of the firm's stock in a transaction 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 owned 324,527 shares of the company's stock, valued at $140,000,947.80. This trade represents a 5.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of Advanced Micro Devices stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00. Following the transaction, the director owned 87,173 shares in the company, valued at $45,504,306. This represents a 9.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 378,032 shares of company stock valued at $161,876,596. 0.50% of the stock is currently owned by company insiders.

Advanced Micro Devices Company 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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