Alpha Cubed Investments LLC Has $32.40 Million Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Alpha Cubed Investments cut its AMD stake by 26.9% in Q4 to 151,310 shares worth $32.40 million, representing about 1.1% of its portfolio and the firm's 20th largest holding.
• AMD beat Q1 expectations, reporting $1.37 EPS vs. ~$1.29 consensus and $10.25B revenue vs. $9.9B, with management citing strong AI/data‑center demand and guiding Q2 revenue above Street forecasts.
• Significant insider selling occurred recently—CEO Lisa Su sold 85,000 shares and EVP Mark Papermaster sold 31,320, with insiders offloading 304,672 shares (~$70.1M) over the quarter while insiders now own about 0.5% of the stock.

Alpha Cubed Investments LLC reduced its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 26.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 151,310 shares of the semiconductor manufacturer's stock after selling 55,539 shares during the quarter. Advanced Micro Devices makes up approximately 1.1% of Alpha Cubed Investments LLC's portfolio, making the stock its 20th largest position. Alpha Cubed Investments LLC's holdings in Advanced Micro Devices were worth $32,404,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMD. Impax Asset Management Group plc increased its position in 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 worth $8,424,000 after acquiring an additional 39,861 shares during the period. Zweig DiMenna Associates LLC increased its position in 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 worth $11,746,000 after acquiring an additional 40,708 shares during the period. Wedbush Securities Inc. increased its position in Advanced Micro Devices by 7.8% during the third quarter. Wedbush Securities Inc. now owns 84,256 shares of the semiconductor manufacturer's stock worth $13,632,000 after acquiring an additional 6,095 shares during the period. Highline Wealth Partners LLC boosted its stake in Advanced Micro Devices by 4,891.6% during the fourth quarter. Highline Wealth Partners LLC now owns 8,286 shares of the semiconductor manufacturer's stock worth $1,775,000 after buying an additional 8,120 shares in the last quarter. Finally, William Blair Investment Management LLC boosted its stake in Advanced Micro Devices by 72.5% during the third quarter. William Blair Investment Management LLC now owns 1,047,200 shares of the semiconductor manufacturer's stock worth $169,426,000 after buying an additional 440,296 shares in the last quarter. Institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD opened at $355.26 on Wednesday. The stock has a market capitalization of $579.19 billion, a P/E ratio of 134.06, a P/E/G ratio of 1.23 and a beta of 2.40. Advanced Micro Devices, Inc. has a 1-year low of $96.88 and a 1-year high of $362.79. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average price of $235.61 and a two-hundred day moving average price of $229.21.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.08. The firm had revenue of $10.25 billion during the quarter, compared to analysts' expectations of $9.90 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company's quarterly revenue was up 37.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.96 EPS. Equities analysts predict that Advanced Micro Devices, Inc. will post 5.82 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on AMD. KeyCorp reiterated an "overweight" rating and set a $330.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Wall Street Zen upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a research note on Monday, January 26th. Wells Fargo & Company restated an "overweight" rating and issued a $345.00 target price on shares of Advanced Micro Devices in a research note on Friday, January 30th. Susquehanna boosted their target price on shares of Advanced Micro Devices from $300.00 to $375.00 and gave the company a "positive" rating in a research note on Wednesday, April 29th. Finally, Truist Financial set a $283.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $314.92.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Q1 beat and strong AI-driven data‑center growth — AMD reported $1.37 EPS vs. $1.30 consensus and revenue of ~$10.25B, with data‑center sales jumping sharply; the company gave second‑quarter revenue guidance that came in above Street expectations, signaling continued AI demand. Read More.
• Positive Sentiment: CEO commentary and ecosystem moves bolster the AI case — management highlighted robust demand for EPYC CPUs and Instinct GPUs, while AMD is investing in adjacent AI infrastructure (seed investment in RadixArk; partnerships like Zyphra) that expand TAM for its accelerators. Read More.
• Neutral Sentiment: Options and volatility priced in — heavy options activity ahead of/after the print shows traders were positioned for a big move; that amplifies intraday swings even after a beat. Read More.
• Neutral Sentiment: Some analysts raise targets amid the beat — select firms (e.g., Wedbush) have lifted price targets, reflecting stronger revenue trajectories, which supports upside but also highlights divergent Street views. Read More.
• Negative Sentiment: Valuation and supply constraints remain key risks — several analysts warned the recent rally left limited margin for error; HSBC downgraded to Hold pointing to valuation and production limits (CoWoS/packaging bottlenecks). That caution pressures investors who need near‑term proof the demand can scale. Read More.
• Negative Sentiment: Sell‑the‑news and margin/CapEx watch — some commentators flagged elevated CapEx and the risk of mean‑reversion after a steep run‑up; investors will focus on margin commentary and whether AMD can convert demand into shipments without worsening costs. Read More.

Insider Transactions at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 85,000 shares of the company's stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $198.77, for a total value 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. This represents a 2.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Mark D. Papermaster sold 31,320 shares of the company's stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $350.00, for a total value of $10,962,000.00. Following the completion of the sale, the executive vice president directly owned 1,236,037 shares of the company's stock, valued at approximately $432,612,950. This trade represents a 2.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 304,672 shares of company stock valued at $70,135,070. 0.50% of the stock is 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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