Diversify Wealth Management LLC Sells 4,394 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Blowout Q1 and analyst re-rate: AMD beat estimates with $1.37 EPS and $10.25B revenue (up 37.8% YoY), drove bullish guidance and multiple price‑target hikes (KeyCorp $530, Mizuho $415, Goldman $450), leaving a consensus "Moderate Buy" target around $388.84.
• Offsetting selling pressure and valuation risk: Insiders and some large managers have been trimming positions—insiders sold 304,672 shares (~$70.1M) in the last 90 days—and commentators warn profit‑taking and a high P/E (~134) could spur near‑term pullbacks despite AI-driven momentum.

Diversify Wealth Management LLC decreased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 12.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,263 shares of the semiconductor manufacturer's stock after selling 4,394 shares during the period. Diversify Wealth Management LLC's holdings in Advanced Micro Devices were worth $6,687,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Generali Asset Management SPA SGR increased its holdings in shares of Advanced Micro Devices by 18.3% in the 4th quarter. Generali Asset Management SPA SGR now owns 142,235 shares of the semiconductor manufacturer's stock worth $30,461,000 after purchasing an additional 22,023 shares in the last quarter. Asset Planning Inc boosted its stake in shares of Advanced Micro Devices by 58.4% in the 4th quarter. Asset Planning Inc now owns 1,616 shares of the semiconductor manufacturer's stock worth $346,000 after buying an additional 596 shares during the last quarter. FSB Premier Wealth Management Inc. boosted its stake in shares of Advanced Micro Devices by 13.9% in the 4th quarter. FSB Premier Wealth Management Inc. now owns 2,187 shares of the semiconductor manufacturer's stock worth $468,000 after buying an additional 267 shares during the last quarter. MGO One Seven LLC boosted its stake in shares of Advanced Micro Devices by 16.4% in the 4th quarter. MGO One Seven LLC now owns 36,127 shares of the semiconductor manufacturer's stock worth $7,737,000 after buying an additional 5,091 shares during the last quarter. Finally, Summerhill Capital Management lnc. purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth $4,084,000. Institutional investors own 71.34% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on AMD shares. Mizuho raised their price target on Advanced Micro Devices from $280.00 to $415.00 and gave the stock an "outperform" rating in a research note on Wednesday. KeyCorp raised their price target on Advanced Micro Devices from $330.00 to $530.00 and gave the stock an "overweight" rating in a research note on Wednesday. Citigroup raised their price target on Advanced Micro Devices from $248.00 to $358.00 and gave the stock a "neutral" rating in a research note on Wednesday. Jefferies Financial Group downgraded Advanced Micro Devices from a "buy" rating to a "hold" rating in a research note on Wednesday. Finally, The Goldman Sachs Group upgraded Advanced Micro Devices from a "neutral" rating to a "buy" rating and raised their price target for the stock from $240.00 to $450.00 in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $388.84.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $408.46 on Friday. The stock has a 50-day simple moving average of $243.98 and a two-hundred day simple moving average of $231.76. Advanced Micro Devices, Inc. has a 52-week low of $101.56 and a 52-week high of $430.60. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.72. The firm has a market capitalization of $665.93 billion, a PE ratio of 133.92, a P/E/G ratio of 1.48 and a beta of 2.40.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The business had revenue of $10.25 billion during the quarter, compared to analyst estimates of $9.90 billion. During the same quarter in the previous year, the company posted $0.96 earnings per share. Advanced Micro Devices's revenue for the quarter was up 37.8% on a year-over-year basis. Analysts forecast that Advanced Micro Devices, Inc. will post 5.97 EPS for the current year.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Blowout Q1 and bullish guidance — AMD reported a strong quarter with big data‑center (AI) revenue and raised near‑term guidance, which triggered the recent rally as investors re-rate AMD as a core AI infrastructure play. AMD Soars 14%: Q1 Crusher, Q2 Guide Lift, Goldman $450 Price Target Ignite AI Frenzy
• Positive Sentiment: Wall Street upgrades and higher price targets — Multiple firms quickly raised ratings and targets after the print (Goldman, Bernstein, TD Cowen, Susquehanna, Wells Fargo, Rosenblatt, etc.), boosting momentum and derivative flows. Wall Street Just Piled Into AMD: Eight Firms Hike Price Targets After Q1 Earnings Crusher
• Positive Sentiment: Supply wins for AI production — Reports highlight TSMC capacity wins and AMD saying it has secured critical memory supply, easing a key bottleneck for server CPU/GPU shipments. That supports the revenue outlook for AI servers. AMD (AMD) Stock Surges on TSMC Capacity Win and Strong Earnings
• Neutral Sentiment: Corporate calendar note — AMD set its annual shareholder meeting for May 13; management may discuss forward‑looking items that could add short‑term color but aren’t a market catalyst by themselves. AMD to Host Annual Meeting of Stockholders
• Neutral Sentiment: Sector supply risks flagged — Analysts and reporters caution a broader components/memory shortage in AI supply chains that could temper growth or shift timing even if demand remains strong. Tech Stocks Face a New AI Hurdle: A Widespread Components Shortage
• Negative Sentiment: Profit‑taking and valuation concerns — After the rapid run to all‑time highs, some strategists and commentators warn the stock is richly valued and investors are taking profits; that selling pressure can drive intraday weakness. AMD Has Flipped Nvidia: Time To Sell (Rating Downgrade)
• Negative Sentiment: Large sellers and position shifts — High‑profile managers (ARK/Cathie Wood) reduced AMD exposure and there’s visible insider selling; institutional rotation and some fund selling after gains can accentuate pullbacks. Cathie Wood Sells AMD Again — ARK Trade

Insiders Place Their Bets

In other news, EVP Paul Darren Grasby sold 7,500 shares of the company's stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total value of $1,536,525.00. Following the completion of the transaction, the executive vice president owned 129,598 shares of the company's stock, valued at $26,550,742.26. This represents a 5.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 31,320 shares of the company's stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 1,236,037 shares of the company's stock, valued at approximately $432,612,950. This trade 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 ninety days, insiders sold 304,672 shares of company stock worth $70,135,070. 0.50% of the stock is currently owned by insiders.

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.

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