Assetmark Inc. Has $46.74 Million Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Assetmark increased its stake in Advanced Micro Devices by 18.9% to 218,251 shares, valued at approximately $46.74 million at the end of the quarter.
• AMD topped expectations with quarterly EPS of $1.53 versus $1.32 estimated and revenue of $10.27 billion (up 34.1% YoY); analysts remain broadly positive (consensus "Moderate Buy", average target ~$290) citing AI/EPYC demand and supply constraints that support near‑term revenue visibility.
• Insiders sold 242,685 shares worth about $50.76 million in the last 90 days while institutional investors hold roughly 71.34% of the stock, indicating notable profit‑taking alongside heavy institutional ownership.

Assetmark Inc. increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 18.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 218,251 shares of the semiconductor manufacturer's stock after buying an additional 34,723 shares during the period. Assetmark Inc.'s holdings in Advanced Micro Devices were worth $46,741,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. ORG Wealth Partners LLC raised its holdings in Advanced Micro Devices by 39.7% during the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer's stock worth $26,000 after purchasing an additional 46 shares during the last quarter. Koesten Hirschmann & Crabtree INC. raised its holdings in Advanced Micro Devices by 61.0% during the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock worth $26,000 after purchasing an additional 61 shares during the last quarter. Aviso Financial Inc. raised its holdings in 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 purchasing an additional 160 shares during the last quarter. Delos Wealth Advisors LLC raised its holdings in Advanced Micro Devices by 100.0% during the 3rd quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer's stock worth $32,000 after purchasing an additional 100 shares during the last quarter. Finally, Evolution Wealth Management Inc. bought a new position in Advanced Micro Devices during the 2nd quarter worth approximately $34,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $255.06 on Wednesday. The company has a fifty day moving average of $208.34 and a 200-day moving average of $219.06. The firm has a market capitalization of $415.83 billion, a P/E ratio of 96.25, a P/E/G ratio of 0.92 and a beta of 1.96. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a twelve month low of $83.75 and a twelve month high of $267.08.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.21. The company had revenue of $10.27 billion during the quarter, compared to analyst estimates of $9.65 billion. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. Advanced Micro Devices's revenue for the quarter was up 34.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.09 EPS. As a group, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on AMD shares. Evercore restated an "outperform" rating and set a $358.00 price target on shares of Advanced Micro Devices in a report on Tuesday, February 24th. UBS Group set a $310.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Wall Street Zen upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Monday, January 26th. Piper Sandler restated an "overweight" rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Finally, Wedbush restated an "outperform" rating and set a $290.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Advanced Micro Devices has a consensus rating of "Moderate Buy" and a consensus price target of $290.19.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Agentic AI traction is boosting enterprise demand for EPYC server CPUs, which analysts say helped lift AMD shares. Strong EPYC uptake directly supports data‑center revenue growth. AMD Stock Jumps as Agentic AI Growth Fuels Increased EPYC CPU Demand
• Positive Sentiment: Reports flag GPU and CPU supply constraints — a sign demand is outstripping capacity and supporting a higher price target and greater revenue visibility ahead of AMD’s May earnings. Server market share gains cited strengthen the bull case. GPU and CPU Supply Constraints Signal Robust Demand Ahead of Q1 Report
• Positive Sentiment: A customer case study shows AMD GPU acceleration delivering a 330× speedup for microbiome processing, a tangible example of enterprise adoption for AMD accelerators in compute‑intensive workloads. Dayhoff Health Reports 330× Increase in Microbiome Processing Speed Through AMD GPU Acceleration
• Positive Sentiment: Wall‑street support: KeyBanc and other outlets are highlighting AMD as a top buy to play rising CPU demand, and multiple bullish writeups/price targets argue the AI-driven earnings momentum justifies the multiple. KeyBanc Taps INTC, AMD Stocks as Top Buys on CPU Demand
• Positive Sentiment: Several bullish retail/coverage pieces rate AMD a buy at current levels, citing verified earnings momentum and AI tailwinds for a 12–18 month horizon. Advanced Micro Devices (AMD) Stock at $250: Buy, Sell or Hold?
• Neutral Sentiment: Context pieces weigh AMD vs. Nvidia — they underline that AMD can gain data‑center share but competition is intense; useful for investors evaluating relative risk/reward. Should Investors Buy AMD Stock Today?
• Neutral Sentiment: Coverage of Nvidia’s recent performance and rotation dynamics may influence sector flows; any sustained NVDA weakness could both relieve valuation pressure and create windows for AMD share gains. Nvidia Stock Was a Reliable Outperformer. Why That’s Changed.
• Negative Sentiment: Institutional rotation: ARK Invest trimmed ~ $10M of AMD into Palantir and Cathie Wood reduced her AMD exposure, signaling some profit‑taking and rotation risk among growth‑oriented funds. ARK Invest Rotates $10M from AMD into Palantir
• Negative Sentiment: Analysts and commentaries warn that while growth is real, upside may be limited by stretched multiples — a reminder valuation risk remains if execution or margins slip. AMD: Growth Is Real, Upside Is Not

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 7,500 shares of the business's stock in a transaction 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 sale, the executive vice president owned 129,598 shares in the company, valued at approximately $26,550,742.26. The trade was a 5.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the business's stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the sale, the executive vice president owned 289,098 shares of the company's stock, valued at $62,679,337.38. This trade represents a 6.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 242,685 shares of company stock worth $50,757,308 in the last ninety days. 0.50% of the stock is currently owned by corporate 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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