Crossmark Global Holdings Inc. Has $34.33 Million Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Crossmark Global Holdings trimmed its AMD stake by 10.2% in Q3 and now holds 212,165 shares valued at $34.33 million after selling 24,015 shares.
• Insider selling has been notable recently — executives sold 271,892 shares worth about $58.48 million in the last 90 days, leaving company insiders with only 0.06% ownership, which may weigh on near‑term sentiment.
• Fundamentals and catalysts remain positive: AMD topped quarterly estimates with $1.53 EPS and $10.27 billion revenue (up 34.1% YoY), has a large multi‑year AI GPU deal with Meta and new AI PC chips, and carries a consensus "Moderate Buy" target of $290.53.

Crossmark Global Holdings Inc. lessened its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 10.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 212,165 shares of the semiconductor manufacturer's stock after selling 24,015 shares during the period. Crossmark Global Holdings Inc.'s holdings in Advanced Micro Devices were worth $34,326,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Koesten Hirschmann & Crabtree INC. raised its holdings 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 worth $26,000 after acquiring an additional 61 shares during the period. ORG Wealth Partners LLC increased its stake in shares of Advanced Micro Devices by 39.7% in the third 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 period. Pinney & Scofield Inc. lifted its position in shares of Advanced Micro Devices by 81.0% during the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer's stock worth $27,000 after purchasing an additional 85 shares during the last quarter. Aviso Financial Inc. lifted its holdings in shares of Advanced Micro Devices by 400.0% during the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer's stock worth $32,000 after buying an additional 160 shares during the last quarter. Finally, Signature Resources Capital Management LLC increased its position in Advanced Micro Devices by 170.4% during the third quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer's stock worth $35,000 after acquiring an additional 138 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Ava Hahn sold 2,442 shares of the stock in a transaction on Friday, January 16th. The stock was sold at an average price of $234.42, for a total value of $572,453.64. Following the transaction, the senior vice president owned 16,359 shares of the company's stock, valued at $3,834,876.78. This represents a 12.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 value of $4,216,954.50. Following the completion of the transaction, the executive vice president directly owned 289,098 shares in the company, valued at $62,679,337.38. The trade was a 6.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 271,892 shares of company stock valued at $58,476,908. Company insiders own 0.06% of the company's stock.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $202.07 on Thursday. The firm has a market cap of $329.46 billion, a P/E ratio of 76.25, a P/E/G ratio of 0.72 and a beta of 1.98. 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 50 day simple moving average of $218.53 and a 200 day simple moving average of $208.57. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08.

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on AMD. China Renaissance initiated coverage on shares of Advanced Micro Devices in a report on Tuesday, January 13th. They issued a "buy" rating and a $291.00 price target for the company. Evercore reissued an "outperform" rating and set a $358.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Morgan Stanley reduced their target price on Advanced Micro Devices from $260.00 to $255.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 4th. Roth Mkm restated a "buy" rating on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Finally, The Goldman Sachs Group raised their price target on shares of Advanced Micro Devices from $210.00 to $240.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $290.53.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Large strategic AI deal with Meta (multi‑year Instinct GPU deployment) strengthens AMD’s server GPU backlog and long‑term revenue visibility. Read More.
• Positive Sentiment: Wall Street keeps backing the story — Piper Sandler and Jefferies reiterated bullish stances after the Meta deal (Piper Sandler has a $300 target), supporting investor confidence and lifting sentiment. Read More.
• Positive Sentiment: Product momentum: AMD unveiled Copilot+ desktop chips and expanded Ryzen AI 400 series for AI PCs, which supports long‑term TAM expansion into AI PCs and edge AI. Read More.
• Positive Sentiment: Commercial deployments: Akash/MiTAC announced diamond‑cooled servers using AMD Instinct MI350X GPUs — an early sign of OEM and data‑center adoption for AMD GPUs. Read More.
• Positive Sentiment: R&D and ecosystem wins — AMD and the University of Toronto launched a major AI & computing lab, boosting research collaboration and regional ecosystem presence. Read More.
• Neutral Sentiment: Sector tailwinds: broader chip rebound and commentary that “CPUs are back en vogue” for data centers help sentiment for AMD but benefit multiple vendors. Read More.
• Neutral Sentiment: AI supply‑chain and peers: Micron’s strong AI demand and funding headlines (e.g., Ayar Labs) reinforce the AI buildout narrative but are indirect for AMD. Read More. Read More.
• Negative Sentiment: Insider selling remains notable — public datasets show multiple executive sales in recent months, which can concern near‑term sentiment even if strategic. Read More.
• Negative Sentiment: Technical/short‑term pressure: analysts and technical writeups highlight ongoing volatility and selling pressure after the recent pullback; traders may take profits into weakness. Read More.
• Negative Sentiment: Macro/geopolitical risk briefly weighed on the stock earlier (oil/pricing and risk‑off moves drove intraday weakness), reminding investors that external shocks can reverse momentum. Read More.

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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