E Fund Management Hong Kong Co. Ltd. Acquires 4,277 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• E Fund Management Hong Kong increased its stake in Advanced Micro Devices by 123.6% in Q4, buying 4,277 additional shares and bringing its total to 7,736 shares worth about $1.66 million.
• Institutional ownership remains high in AMD, with hedge funds and other institutions owning 71.34% of the stock. The article also notes several other funds adding to or initiating positions.
• Wall Street sentiment is bullish after AMD’s strong earnings and AI-related momentum, with multiple analysts raising price targets; the consensus rating is Moderate Buy and the average target is $396.95.

E Fund Management Hong Kong Co. Ltd. boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 123.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,736 shares of the semiconductor manufacturer's stock after buying an additional 4,277 shares during the period. E Fund Management Hong Kong Co. Ltd.'s holdings in Advanced Micro Devices were worth $1,657,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Joseph Group Capital Management bought a new position in shares of Advanced Micro Devices in the fourth quarter worth $25,000. Koesten Hirschmann & Crabtree INC. lifted its holdings in Advanced Micro Devices by 61.0% during the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock worth $26,000 after purchasing an additional 61 shares in the last quarter. Aviso Financial Inc. lifted its holdings in Advanced Micro Devices by 400.0% during the 3rd quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer's stock worth $32,000 after purchasing an additional 160 shares in the last quarter. Delos Wealth Advisors LLC boosted its stake 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 worth $32,000 after purchasing an additional 100 shares during the period. Finally, LFA Lugano Financial Advisors SA grew its holdings in Advanced Micro Devices by 74.1% during the 3rd quarter. LFA Lugano Financial Advisors SA now owns 235 shares of the semiconductor manufacturer's stock valued at $38,000 after buying an additional 100 shares in the last quarter. Institutional investors own 71.34% of the company's stock.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 31,320 shares of the business's stock in a transaction that occurred on Friday, April 24th. The shares were 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 owned 1,236,037 shares of the company's stock, valued at $432,612,950. The trade was a 2.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 85,000 shares of the business's stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $198.77, for a total transaction of $16,895,450.00. Following the completion of the transaction, the chief executive officer directly owned 3,146,006 shares of the company's stock, valued at approximately $625,331,612.62. This represents a 2.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 184,598 shares of company stock valued at $49,955,566 in the last quarter. Corporate insiders own 0.50% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on AMD shares. The Goldman Sachs Group raised shares of Advanced Micro Devices from a "neutral" rating to a "buy" rating and increased their price target for the stock from $240.00 to $450.00 in a report on Wednesday, May 6th. Rosenblatt Securities boosted their price objective on shares of Advanced Micro Devices from $300.00 to $490.00 and gave the company a "buy" rating in a research note on Wednesday, May 6th. Phillip Securities raised shares of Advanced Micro Devices from a "moderate buy" rating to a "strong-buy" rating in a research note on Sunday, February 8th. Oppenheimer cut shares of Advanced Micro Devices from a "market perform" rating to a "market perform" rating in a research note on Wednesday, May 6th. Finally, BTIG Research raised shares of Advanced Micro Devices to a "buy" 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 company's stock. According to data from MarketBeat.com, Advanced Micro Devices presently has an average rating of "Moderate Buy" and a consensus price target of $396.95.

Key Advanced Micro Devices News

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

• Positive Sentiment: Mizuho raised its AMD price target to $515 and kept an Outperform rating, citing strong agentic AI server demand. Mizuho Just Hiked AMD Price Target to $515: Agentic AI Server Demand Powers the Bull Case
• Positive Sentiment: Bank of America lifted its AMD target to $500, reinforcing the bullish view that AI infrastructure spending is still driving upside for the stock. Top Bank of America Analyst Raises AMD Stock Price Target – Here’s Why
• Positive Sentiment: AMD’s strong Q1 beat and record data-center revenue continue to fuel optimism around its AI growth story. Massive News for AMD Stock Investors
• Positive Sentiment: New commentary highlighted AMD’s AI deals with Meta Platforms and OpenAI, suggesting long-term demand for its next-generation MI450 chips. AMD MI450 AI Deals With Meta And OpenAI Test Rich Valuation
• Neutral Sentiment: Northland Securities raised several forward earnings estimates for AMD but kept a Market Perform rating and a $260 target, showing the Street is still divided on valuation.
• Negative Sentiment: Some reports warn that AMD and the broader chip sector may be vulnerable to profit-taking after a parabolic rally.
• Negative Sentiment: Recent insider selling has kept some investors cautious despite the strong AI-driven momentum.

Advanced Micro Devices Price Performance

AMD stock opened at $445.50 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96. Advanced Micro Devices, Inc. has a one year low of $107.67 and a one year high of $469.21. The stock has a market cap of $726.43 billion, a PE ratio of 146.07, a P/E/G ratio of 1.34 and a beta of 2.40. The firm has a 50 day simple moving average of $263.87 and a two-hundred day simple moving average of $237.84.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.08. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The business had revenue of $10.25 billion during the quarter, compared to analysts' expectations of $9.90 billion. During the same quarter in the previous year, the company earned $0.96 EPS. The business's quarterly revenue was up 37.8% compared to the same quarter last year. On average, analysts predict that Advanced Micro Devices, Inc. will post 6.17 EPS for the current fiscal year.

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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