AMG National Trust Bank Invests $437,000 in Advanced Micro Devices, Inc. $AMD

Key Points

• AMG National Trust Bank opened a new position in Advanced Micro Devices, buying 2,041 shares worth about $437,000 in Q4, while institutional investors now own roughly 71.34% of AMD.
• Bullish catalysts include broker upgrades and Susquehanna raising its target to $375 on accelerating server‑CPU share gains and an Instinct GPU ramp, plus AMD's upcoming Advancing AI 2026 event and Q1 earnings on May 5 as near‑term catalysts.
• Offsetting risks: a sector pullback after an OpenAI growth miss, analyst downgrades and profit‑taking have pressured the stock, and insiders — notably CEO Lisa T. Su — recently sold shares (125,000 shares reported).

AMG National Trust Bank acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,041 shares of the semiconductor manufacturer's stock, valued at approximately $437,000.

Other institutional investors also recently made changes to their positions in the company. HHM Wealth Advisors LLC increased its holdings in Advanced Micro Devices by 2.4% during the 3rd quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer's stock worth $282,000 after purchasing an additional 40 shares in the last quarter. James J. Burns & Company LLC increased its holdings in Advanced Micro Devices by 2.3% during the 4th quarter. James J. Burns & Company LLC now owns 1,816 shares of the semiconductor manufacturer's stock worth $389,000 after purchasing an additional 40 shares in the last quarter. Wilmington Savings Fund Society FSB increased its holdings in Advanced Micro Devices by 0.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer's stock worth $1,409,000 after purchasing an additional 43 shares in the last quarter. Moseley Investment Management Inc. increased its holdings in Advanced Micro Devices by 0.5% during the 3rd quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer's stock worth $1,437,000 after purchasing an additional 44 shares in the last quarter. Finally, OneAscent Family Office LLC increased its holdings in Advanced Micro Devices by 2.6% during the 3rd quarter. OneAscent Family Office LLC now owns 1,755 shares of the semiconductor manufacturer's stock worth $284,000 after purchasing an additional 44 shares in the last quarter. Institutional investors own 71.34% of the company's stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: Susquehanna raised its price target to $375 and kept a Positive/Buy posture, citing accelerating server‑CPU share gains and an Instinct GPU ramp that supports revenue and margin upside. Susquehanna Raises AMD Price Target to $375
• Positive Sentiment: Multiple broker upgrades (including DA Davidson coverage noted in press roundups) and heavy institutional/options positioning suggest traders are hedging downside while keeping upside exposure into earnings. InsiderMonkey: DA Davidson Upgrade
• Positive Sentiment: Erste Group raised FY2026/FY2027 EPS forecasts, reflecting growing analyst confidence in AMD’s multi‑year AI/data‑center runway. MarketBeat: Erste Group Estimate Lift
• Positive Sentiment: AMD announced its “Advancing AI 2026” developer event (July) to showcase next‑gen Instinct GPUs and EPYC roadmaps — a catalyst for product visibility before summer supply ramps. Advancing AI 2026 Announcement
• Neutral Sentiment: Insider sale: EVP Mark Papermaster sold ~31,320 shares at ~$350 under a pre‑arranged 10b5‑1 plan — reduces negative signal vs opportunistic selling but merits monitoring. Papermaster Form 4
• Neutral Sentiment: Key near‑term event: Q1 earnings on May 5 — AMD has a recent history of beats, and results + guidance will likely be the primary immediate catalyst. Zacks: AMD Earnings Preview
• Neutral Sentiment: Industry supply dynamics: analysis points to TSMC controlling supply/timing for high‑performance chips — a factor that can affect AMD’s shipment cadence (neutral to mixed depending on capacity allocation). TSMC Supply Analysis
• Negative Sentiment: OpenAI reported missing internal growth/revenue targets; that report sparked a sectorwide pullback and directly pressured AMD on concerns about near‑term AI infrastructure spend. Blockonomi: OpenAI Shortfall
• Negative Sentiment: Analyst caution and profit‑taking (Northland downgraded to Market Perform, some funds trimming positions) have amplified selling after a rapid rally and raise near‑term valuation sensitivity. Barchart: Analyst Downgrade InsiderMonkey: Northland Downgrade

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $337.11 on Thursday. Advanced Micro Devices, Inc. has a one year low of $91.87 and a one year high of $352.99. The business has a fifty day moving average price of $229.49 and a 200-day moving average price of $227.35. 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 $549.60 billion, a P/E ratio of 127.21, a PEG ratio of 1.21 and a beta of 1.96.

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

Insider Buying and Selling

In other news, 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 transaction, the chief executive officer directly owned 3,152,476 shares in the company, valued at approximately $675,764,755.36. This trade represents a 3.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paul Darren Grasby sold 7,500 shares of the firm's stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the completion of the transaction, the executive vice president owned 129,598 shares of the company's stock, valued at $26,550,742.26. This trade represents a 5.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 304,672 shares of company stock valued at $70,135,070 over the last three months. Insiders own 0.50% of the company's stock.

Analyst Ratings Changes

Several research firms have recently issued reports on AMD. Benchmark reiterated a "buy" rating and issued a $325.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Erste Group Bank upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a research note on Thursday, April 2nd. Susquehanna upped their target price on shares of Advanced Micro Devices from $300.00 to $375.00 and gave the stock a "positive" rating in a research note on Wednesday. Wall Street Zen raised Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Monday, January 26th. Finally, Wells Fargo & Company reaffirmed an "overweight" rating and issued a $345.00 target price on shares of Advanced Micro Devices in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $297.49.

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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