Core Alternative Capital Sells 10,655 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Core Alternative Capital trimmed its AMD stake by 24%, selling 10,655 shares and ending the quarter with 33,665 shares valued at $7.21 million (AMD is 2.0% of the fund and its 12th largest holding).
• Insider selling has been significant recently: executives sold blocks including 7,500 shares by Paul Grasby and 31,320 by Mark Papermaster, with insiders offloading 304,672 shares (~$70.1M) over the last 90 days, leaving insiders with 0.50% ownership.
• Fundamentals and sentiment: AMD topped estimates with $1.53 EPS and $10.27B revenue (up 34.1% YoY), has a consensus "Moderate Buy" with a ~$300 target, and its stock is trading near its 12‑month high around $360.

Core Alternative Capital lessened its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 24.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 33,665 shares of the semiconductor manufacturer's stock after selling 10,655 shares during the quarter. Advanced Micro Devices makes up 2.0% of Core Alternative Capital's holdings, making the stock its 12th largest holding. Core Alternative Capital's holdings in Advanced Micro Devices were worth $7,210,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of AMD. Joseph Group Capital Management bought a new position in Advanced Micro Devices in the 4th quarter valued at $25,000. ORG Wealth Partners LLC grew its position in Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer's stock valued at $26,000 after acquiring an additional 46 shares during the last quarter. Koesten Hirschmann & Crabtree INC. grew its position in Advanced Micro Devices by 61.0% in the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock valued at $26,000 after acquiring an additional 61 shares during the last quarter. Aviso Financial Inc. grew its position in Advanced Micro Devices by 400.0% in the 3rd quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer's stock valued at $32,000 after acquiring an additional 160 shares during the last quarter. Finally, Delos Wealth Advisors LLC grew its position in Advanced Micro Devices by 100.0% in the 3rd quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer's stock valued at $32,000 after acquiring an additional 100 shares during the last quarter. Institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Price Performance

Shares of AMD stock opened at $360.54 on Friday. Advanced Micro Devices, Inc. has a twelve month low of $96.88 and a twelve month high of $362.79. The stock has a market capitalization of $587.80 billion, a price-to-earnings ratio of 136.05, a P/E/G ratio of 1.30 and a beta of 2.40. The stock has a fifty day simple moving average of $232.51 and a two-hundred day simple moving average of $228.32. 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 issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $10.27 billion during the quarter, compared to analysts' expectations of $9.65 billion. During the same period in the prior year, the business earned $1.09 EPS. The business's revenue for the quarter was up 34.1% compared to the same quarter last year. On average, analysts predict that Advanced Micro Devices, Inc. will post 5.82 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have commented on AMD shares. Benchmark reaffirmed a "buy" rating and issued a $325.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. China Renaissance started coverage on Advanced Micro Devices in a research report on Tuesday, January 13th. They issued a "buy" rating and a $291.00 price objective on the stock. Jefferies Financial Group reaffirmed a "buy" rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Phillip Securities raised Advanced Micro Devices from a "moderate buy" rating to a "strong-buy" rating in a research report on Sunday, February 8th. Finally, Cantor Fitzgerald reiterated an "overweight" rating on shares of Advanced Micro Devices in a report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $300.05.

Insider Transactions at Advanced Micro Devices

In related news, EVP Paul Darren Grasby sold 7,500 shares of the company's stock in a transaction on Wednesday, March 11th. The stock was 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 directly owned 129,598 shares in the company, valued at $26,550,742.26. This represents a 5.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Mark D. Papermaster sold 31,320 shares of the company's stock in a transaction 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 sale, the executive vice president owned 1,236,037 shares of the company's stock, valued at $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. Insiders have sold a total of 304,672 shares of company stock valued at $70,135,070 over the last 90 days. 0.50% of the stock is owned by corporate insiders.

Key Advanced Micro Devices News

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

• Positive Sentiment: Riot Platforms expanded its AMD data‑center deal (adds ~25 MW / doubles contracted capacity), a visible commercial win that signals more data‑center GPU deployments for AMD and helped lift market enthusiasm. Riot jumps 10% as AMD signs additional 25 MW AI deployment: Q1 Earnings
• Positive Sentiment: Leaked timing for AMD’s Ryzen AI “halo” mini‑PC has driven retail and trader excitement around new product cadence and edge/desktop AI sales upside. AMD Stock Rallies as a Release Date for the Ryzen AI Halo PC Leaks
• Positive Sentiment: Coverage pieces (e.g., Forbes) argue AMD is breaking into Nvidia’s data‑center dominance, reinforcing a narrative of expanding GPU+CPU share in AI infrastructure. That narrative supports a higher long‑term multiple if AMD keeps winning design slots. AMD's AI Coup: Breaking The Nvidia Monopoly
• Positive Sentiment: Susquehanna and other bullish analyst notes ahead of earnings highlight growing data‑center demand and recommend buying before May 5, supporting short‑term momentum into AMD’s Q1 print. As Data Center Demand Grows, Susquehanna Says You Should Buy AMD Stock Before May 5
• Neutral Sentiment: Wall Street is split: several five‑star analysts are divided on valuation and near‑term upside even as the stock has rallied sharply, so guidance/metrics in AMD’s upcoming report will matter more than headlines. 5-Star Analysts Are Split on AMD as Stock Soars into Q1 Earnings
• Negative Sentiment: ARK Invest trimmed AMD from its ETF (Cathie Wood reallocated into Meta/Alphabet), signaling at least some active‑manager profit taking that can pressure the stock after a big run. Cathie Wood Loads Up on Meta, Alphabet Sells AMD
• Negative Sentiment: Schwab and other strategists warn the semiconductor group faces “overhead supply” risk after a near‑50% rally from March lows — a cautionary signal that a pullback or rotation is possible if earnings/guidance disappoint. Schwab Analyst: Chip Stocks Face ‘Overhead Supply’ Risk After 50% Rally Off March Lows
• Negative Sentiment: Royal Bank of Canada bumped its price target to $325 but kept a “sector perform” call; that TP sits below the current quote and can be read as a reminder of valuation risk if momentum fades. RBC Raises AMD Price Target to $325 (Benzinga)

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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