Bokf Na Grows Stock Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Bokf Na raised its stake in Advanced Micro Devices by 4.4% in Q4, buying 1,331 shares to hold 31,383 shares valued at about $6.72 million.
• AMD beat Q1 estimates (EPS $1.37 vs. $1.29; revenue $10.25B vs. $9.90B), cited accelerating data‑center/AI demand and lifted guidance, fueling analyst upgrades and a rally toward its 52‑week high.
• Despite the positive momentum, the stock trades at a high valuation (PE ~138), institutional ownership is ~71%, and insiders sold roughly 304,672 shares (~$70.1M) in the past 90 days, signaling concentrated positions and potential near‑term volatility.

Bokf Na increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 31,383 shares of the semiconductor manufacturer's stock after buying an additional 1,331 shares during the quarter. Bokf Na's holdings in Advanced Micro Devices were worth $6,721,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Advanced Micro Devices by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer's stock worth $33,949,256,000 after purchasing an additional 2,525,109 shares during the period. State Street Corp raised its holdings in shares of Advanced Micro Devices by 2.4% in the 3rd quarter. State Street Corp now owns 73,824,441 shares of the semiconductor manufacturer's stock worth $11,944,056,000 after purchasing an additional 1,755,182 shares during the period. Amundi raised its holdings in shares of Advanced Micro Devices by 17.5% in the 3rd quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer's stock worth $2,181,937,000 after purchasing an additional 2,012,865 shares during the period. Invesco Ltd. raised its holdings in shares of Advanced Micro Devices by 6.5% in the 3rd quarter. Invesco Ltd. now owns 13,348,413 shares of the semiconductor manufacturer's stock worth $2,159,640,000 after purchasing an additional 813,844 shares during the period. Finally, Legal & General Group Plc raised its holdings in shares of Advanced Micro Devices by 1.7% in the 3rd quarter. Legal & General Group Plc now owns 11,579,113 shares of the semiconductor manufacturer's stock worth $1,873,385,000 after purchasing an additional 191,590 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $420.56 on Thursday. Advanced Micro Devices, Inc. has a fifty-two week low of $96.88 and a fifty-two week high of $430.60. The business has a 50 day moving average price of $240.09 and a two-hundred day moving average price of $230.52. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. The firm has a market cap of $685.66 billion, a PE ratio of 137.89, a price-to-earnings-growth ratio of 1.26 and a beta of 2.40.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 9.68% and a net margin of 13.37%.The company had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $9.90 billion. During the same quarter last year, the business posted $0.96 EPS. Advanced Micro Devices's quarterly revenue was up 37.8% compared to the same quarter last year. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 5.91 earnings per share for the current fiscal year.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Q1 results beat and bullish Q2 guide: AMD reported stronger-than-expected Q1 revenue and EPS and gave Q2 revenue guidance above Wall Street consensus, a combination that sparked heavy buying into the stock. Read More.
• Positive Sentiment: Data‑center momentum — CEO and results point to accelerating server CPU and GPU demand: management raised the long‑term server CPU opportunity to ~$120B and highlighted agentic AI driving faster-than-expected cloud spending. That narrative underpins stronger revenue and margin expectations. Read More.
• Positive Sentiment: Wall Street upgrades and price‑target lifts amplified the rally: multiple firms raised targets and issued upgrades after the beat & guide, which increases buy‑side conviction and fuels momentum. Read More.
• Positive Sentiment: Supply and capacity wins reduce near‑term constraint risk: reports of TSMC capacity wins and AMD securing critical memory allocations eased investor concerns about the company being supply‑constrained during the AI ramp. Read More.
• Neutral Sentiment: Macro and market tailwinds helped sentiment: broader risk‑on moves (oil down on Iran diplomacy, indexes rising) amplified AMD’s move — helpful context, but not an AMD‑specific fundamental change. Read More.
• Neutral Sentiment: Investor cautions on momentum/positioning: some prominent investors and technical analysts warn against chasing the move (overbought indicators, heavy post‑earnings flows), suggesting short‑term volatility even as the long‑term thesis remains intact. Read More.
• Negative Sentiment: Valuation, profit‑taking and margin pressure risks: the rally pushes valuation toward “priced for perfection,” insiders have sold shares, and rising memory prices could pressure gaming/PC demand — all reasons some analysts still urge caution or rate the stock a hold. Read More.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the transaction, 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Mark D. Papermaster sold 31,320 shares of the stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $350.00, for a total value of $10,962,000.00. Following the transaction, the executive vice president directly owned 1,236,037 shares in the company, valued at approximately $432,612,950. This represents a 2.47% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 304,672 shares of company stock worth $70,135,070. 0.50% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on AMD shares. Northland Securities restated a "market perform" rating and issued a $260.00 price objective on shares of Advanced Micro Devices in a report on Monday, April 27th. BTIG Research upgraded Advanced Micro Devices to a "buy" rating in a report on Wednesday. Wall Street Zen upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Monday, January 26th. Wolfe Research started coverage on Advanced Micro Devices in a report on Wednesday. They issued a "peer perform" rating on the stock. Finally, Phillip Securities upgraded Advanced Micro Devices from a "moderate buy" rating to a "strong-buy" rating in a report on Sunday, February 8th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $385.86.

Advanced Micro Devices 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.

Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.