Coquina Private Wealth LLC Takes $558,000 Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Coquina Private Wealth disclosed a new stake in Advanced Micro Devices, buying 2,606 shares in the fourth quarter valued at approximately $558,000.
• Company insiders have been active sellers — including EVP Forrest Norrod (19,450 shares) and EVP Paul Grasby (7,500 shares) — with insiders offloading 273,352 shares worth about $59.17 million in the last quarter.
• AMD recently reported an earnings beat (EPS $1.53 vs. $1.32 expected; revenue $10.27B vs. $9.65B) and the stock jumped ~13.9% amid analyst upgrades and a sector rally, though valuation remains elevated (P/E ~131).

Coquina Private Wealth LLC bought a new stake 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 institutional investor bought 2,606 shares of the semiconductor manufacturer's stock, valued at approximately $558,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. HHM Wealth Advisors LLC raised its holdings in Advanced Micro Devices by 2.4% in 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 boosted its stake in shares of 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 valued at $389,000 after purchasing an additional 40 shares in the last quarter. HBK Sorce Advisory LLC increased its position in shares of Advanced Micro Devices by 0.3% during the third quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer's stock valued at $2,169,000 after buying an additional 43 shares during the period. Wilmington Savings Fund Society FSB increased its position in shares of Advanced Micro Devices by 0.5% during the third quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer's stock valued at $1,409,000 after buying an additional 43 shares during the period. Finally, Moseley Investment Management Inc. raised its stake in Advanced Micro Devices by 0.5% in the third quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer's stock worth $1,437,000 after buying an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Insider Activity

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction dated 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 directly owned 289,098 shares of the company's stock, valued at approximately $62,679,337.38. This represents a 6.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Paul Darren Grasby sold 7,500 shares of the firm's stock in a transaction dated 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 sale, the executive vice president owned 129,598 shares of the company's stock, valued at approximately $26,550,742.26. This represents a 5.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 273,352 shares of company stock worth $59,173,070. 0.50% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

AMD has been the topic of several research reports. Sanford C. Bernstein lifted their price objective on Advanced Micro Devices from $235.00 to $265.00 and gave the company a "market perform" rating in a research report on Thursday, April 16th. Mizuho increased their target price on Advanced Micro Devices from $275.00 to $280.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 25th. Royal Bank Of Canada restated a "sector perform" rating and issued a $230.00 target price on shares of Advanced Micro Devices in a research note on Monday, March 16th. Erste Group Bank upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating in a research report on Thursday, April 2nd. Finally, Jefferies Financial Group reaffirmed a "buy" rating on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $296.44.

Advanced Micro Devices News Summary

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

• Positive Sentiment: DA Davidson upgraded AMD to Buy and raised its price target to $375, giving Wall Street a fresh bullish read and helping push momentum. DA Davidson upgrade
• Positive Sentiment: Intel’s blowout quarter created a sector-wide rally that benefitted AMD (investors infer stronger CPU demand across hyperscalers), amplifying buying in AMD shares. CNBC: Intel halo lift
• Positive Sentiment: Stifel and other firms have lifted targets and the launch of the Ryzen 9 9950X3D2 (high-end CPU) strengthens AMD’s PC/gaming margins narrative—another demand/roadmap catalyst. Stifel target & Ryzen launch
• Positive Sentiment: Broader chip-market momentum is strong (SOXX notched a record win streak), signaling sustained investor interest in semiconductors and amplifying flows into AMD. SOXX streak
• Neutral Sentiment: ETF routes are highlighting AMD exposure—investors preferring diversified positions can use semiconductor ETFs (VanEck et al.) for indirect exposure. ETF exposure article
• Neutral Sentiment: GraniteShares’ YieldBOOST AMD ETF announced a weekly distribution; income-focused ETF products can attract a different buyer base but are not a direct signal on AMD fundamentals. GraniteShares distribution
• Negative Sentiment: Insider selling has been heavy recently (many disclosed sales, few/no buys), which some investors view as a cautionary signal on near-term positioning. QuiverQuant insider activity
• Negative Sentiment: Valuation and risk warnings: several articles note AMD’s rich multiples and argue other AI-chip names may offer more upside—heightening the risk if earnings or guidance disappoint. Fool valuation caution

Advanced Micro Devices Stock Up 13.9%

Shares of NASDAQ:AMD opened at $347.62 on Friday. The stock has a fifty day simple moving average of $221.80 and a two-hundred day simple moving average of $225.08. The stock has a market capitalization of $566.74 billion, a price-to-earnings ratio of 131.18, a PEG ratio of 1.10 and a beta of 1.96. Advanced Micro Devices, Inc. has a 12-month low of $91.87 and a 12-month high of $352.99. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its 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 for the quarter, compared to analysts' expectations of $9.65 billion. During the same period in the prior year, the firm posted $1.09 earnings per share. The company's quarterly revenue was up 34.1% on a year-over-year basis. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 5.78 earnings per share for the current fiscal year.

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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