Deltec Asset Management LLC Makes New Investment in Advanced Micro Devices, Inc. $AMD

Key Points

• Deltec Asset Management acquired a new stake of 6,000 AMD shares in Q4 (about $1.285 million), and multiple other institutions have increased positions — institutional ownership now stands at roughly 71.34%.
• Wall Street momentum is bullish after AMD beat quarterly estimates (EPS $1.53 vs. $1.32; revenue $10.27B, up 34.1% YoY) and received upgrades/raised targets (e.g., DA Davidson to Buy with a $375 target), aided by sector strength and new product launches.
• Offsetting the optimism, company insiders sold a total of 273,352 shares (~$59.2 million) in the last three months and AMD trades at a rich valuation (PE ~131.18), highlighting potential downside if growth falters.

Deltec Asset Management LLC acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 6,000 shares of the semiconductor manufacturer's stock, valued at approximately $1,285,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AMD. Brighton Jones LLC lifted its holdings in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock valued at $5,551,000 after purchasing an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock valued at $1,001,000 after purchasing an additional 234 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Advanced Micro Devices by 125.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock valued at $758,000 after purchasing an additional 2,970 shares during the last quarter. United Bank lifted its holdings in shares of Advanced Micro Devices by 22.0% during the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer's stock valued at $1,881,000 after purchasing an additional 2,392 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its holdings in shares of Advanced Micro Devices by 361.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer's stock valued at $1,310,000 after purchasing an additional 7,228 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Advanced Micro Devices News Roundup

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

Wall Street Analysts Forecast Growth

AMD has been the subject of several analyst reports. Cantor Fitzgerald reiterated an "overweight" rating on shares of Advanced Micro Devices in a report on Monday, February 2nd. Wedbush reiterated an "outperform" rating and set a $290.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, February 4th. The Goldman Sachs Group increased their price objective on Advanced Micro Devices from $210.00 to $240.00 and gave the company a "neutral" rating in a report on Wednesday, February 25th. Jefferies Financial Group reiterated a "buy" rating on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Finally, Citigroup decreased their price objective on Advanced Micro Devices from $260.00 to $248.00 and set a "neutral" rating for the company in a report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Advanced Micro Devices currently has an average rating of "Moderate Buy" and an average target price of $296.44.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of Advanced Micro Devices stock in a transaction dated 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 completion of the transaction, the executive vice president owned 289,098 shares in the company, valued at approximately $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 accessible through this link. Also, EVP Paul Darren Grasby sold 7,500 shares of Advanced Micro Devices stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total value of $1,536,525.00. Following the transaction, the executive vice president owned 129,598 shares of the company's stock, valued at $26,550,742.26. The trade was a 5.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 273,352 shares of company stock valued at $59,173,070 over the last three months. Company insiders own 0.50% of the company's stock.

Advanced Micro Devices Stock Down 0.1%

Shares of AMD stock opened at $347.62 on Monday. The stock's 50-day simple moving average is $221.80 and its 200-day simple moving average is $225.10. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. The firm has a market capitalization of $566.74 billion, a PE ratio of 131.18, a P/E/G ratio of 1.26 and a beta of 1.96. Advanced Micro Devices, Inc. has a fifty-two week low of $91.87 and a fifty-two week high of $352.99.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating analysts' consensus estimates of $1.32 by $0.21. The business had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company's revenue was up 34.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.09 earnings per share. Equities analysts expect that Advanced Micro Devices, Inc. will post 5.78 earnings per share for the current year.

About Advanced Micro Devices

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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