Donoghue Forlines LLC Sells 12,090 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Donoghue Forlines LLC cut its AMD stake sharply in the fourth quarter, selling 12,090 shares and reducing its position by 88.6% to 1,555 shares valued at about $333,000.
• AMD continues to draw heavy institutional interest, with large funds like Vanguard, Jennison, and Wellington boosting holdings; institutions now own 71.34% of the company.
• Fundamentals and sentiment remain strong: AMD recently beat earnings and revenue estimates, analysts have raised price targets, and the stock has been buoyed by optimism around AI/data-center demand and new product launches.

Donoghue Forlines LLC lowered its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 88.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,555 shares of the semiconductor manufacturer's stock after selling 12,090 shares during the period. Donoghue Forlines LLC's holdings in Advanced Micro Devices were worth $333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in AMD. Jennison Associates LLC lifted its stake in Advanced Micro Devices by 181.6% in the fourth quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer's stock worth $2,336,552,000 after purchasing an additional 7,035,991 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Advanced Micro Devices by 335.9% during the third quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer's stock valued at $784,330,000 after acquiring an additional 3,735,807 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Advanced Micro Devices by 104.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer's stock valued at $1,283,096,000 after acquiring an additional 3,059,935 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Advanced Micro Devices by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer's stock valued at $33,949,256,000 after acquiring an additional 2,525,109 shares in the last quarter. Finally, Rafferty Asset Management LLC raised its stake in shares of Advanced Micro Devices by 56.0% during the second quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer's stock valued at $961,078,000 after acquiring an additional 2,430,533 shares in the last quarter. Institutional investors own 71.34% of the company's stock.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD unveiled new Ryzen PRO 9000 workstation chips with 3D V-Cache, aimed at boosting performance for AI, simulation, and gaming, which could support client and gaming revenue later in 2026. Article: New Ryzen PRO 9000 Offerings Lift AMD's Client & Gaming: What's Ahead?
• Positive Sentiment: Multiple analysts raised price targets on AMD, including Bank of America’s move to $500 and Mizuho’s hike to $515, reinforcing the view that AI/server demand remains a strong tailwind. Article: Top Bank of America Analyst Raises AMD Stock Price Target – Here’s Why
• Positive Sentiment: Recent commentary says AMD is becoming a more important AI infrastructure player, helped by sizable customer wins and strong data-center revenue growth. Article: After AMD's Blowout Earnings Report, Is This AI Stock About to Enter the $1 Trillion Club?
• Positive Sentiment: UBS said AMD and Arm are continuing to gain server market share while Intel loses share, which supports the bull case for AMD’s core data-center business. Article: AMD and ARM Extend Server Market Gains While Intel Loses Share (AMD)
• Neutral Sentiment: Some analysts remain cautious on valuation, and Northland kept a Market Perform rating even while lifting some earnings estimates, suggesting expectations are already elevated.
• Negative Sentiment: Several articles warned that the semiconductor trade may be cooling after a strong run, with profit-taking and broad tech concentration risks potentially pressuring AMD shares.
• Negative Sentiment: One market piece flagged technical vulnerability in AMD alongside the broader VanEck Semiconductor ETF, hinting that short-term momentum could be vulnerable if sentiment weakens. Article: Advanced Micro Devices and Rambus Show Signs of Technical Vulnerability. Where Prices Could Be Headed.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $449.70 on Friday. The firm has a market cap of $733.28 billion, a price-to-earnings ratio of 147.44, a PEG ratio of 1.33 and a beta of 2.40. The company's 50 day moving average is $269.05 and its 200 day moving average is $239.23. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 52-week low of $107.67 and a 52-week high of $469.21.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $10.25 billion for the quarter, compared to analyst estimates of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. Advanced Micro Devices's revenue was up 37.8% compared to the same quarter last year. During the same period last year, the company posted $0.96 earnings per share. On average, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.17 EPS for the current fiscal year.

Insider Activity at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 31,320 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the transaction, the executive vice president directly 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 sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 24,376 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $444.39, for a total transaction of $10,832,450.64. Following the transaction, the executive vice president directly owned 105,222 shares in the company, valued at approximately $46,759,604.58. The trade was a 18.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 184,598 shares of company stock valued at $49,955,566 over the last ninety days. 0.50% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on AMD. Citigroup lifted their price target on shares of Advanced Micro Devices from $248.00 to $358.00 and gave the company a "neutral" rating in a research note on Wednesday, May 6th. Wolfe Research began coverage on shares of Advanced Micro Devices in a research note on Wednesday, May 6th. They set a "peer perform" rating for the company. Royal Bank Of Canada lifted their price target on shares of Advanced Micro Devices from $325.00 to $400.00 and gave the company a "sector perform" rating in a research note on Wednesday, May 6th. BTIG Research raised shares of Advanced Micro Devices to a "buy" rating in a research note on Wednesday, May 6th. Finally, Oppenheimer downgraded shares of Advanced Micro Devices from a "market perform" rating to a "market perform" rating in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $396.95.

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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