Epoch Investment Partners Inc. Acquires 84,577 Shares of Advanced Micro Devices, Inc. $AMD

Epoch Investment Partners Inc. raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 59.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 225,822 shares of the semiconductor manufacturer's stock after buying an additional 84,577 shares during the period. Epoch Investment Partners Inc.'s holdings in Advanced Micro Devices were worth $45,939,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in Advanced Micro Devices by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer's stock worth $33,949,256,000 after purchasing an additional 2,525,109 shares during the period. State Street Corp lifted its position in Advanced Micro Devices by 1.5% in the fourth quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer's stock valued at $16,044,712,000 after purchasing an additional 1,094,835 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Advanced Micro Devices by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer's stock valued at $8,015,897,000 after purchasing an additional 287,525 shares during the period. Norges Bank purchased a new stake in shares of Advanced Micro Devices during the fourth quarter valued at approximately $4,929,312,000. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of Advanced Micro Devices by 0.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer's stock worth $4,352,864,000 after purchasing an additional 55,969 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices Stock Down 3.3%

Shares of Advanced Micro Devices stock opened at $521.95 on Friday. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 12-month low of $149.22 and a 12-month high of $584.73. The company has a market cap of $851.09 billion, a P/E ratio of 171.13, a PEG ratio of 1.51 and a beta of 2.47. The company's fifty day simple moving average is $512.60 and its two-hundred day simple moving average is $340.69.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping the consensus estimate of $1.29 by $0.08. The firm had revenue of $10.25 billion during the quarter, compared to analysts' expectations of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company's quarterly revenue was up 37.8% compared to the same quarter last year. During the same period last year, the company posted $0.96 EPS. Research analysts anticipate that Advanced Micro Devices, Inc. will post 6.27 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on AMD shares. HSBC downgraded shares of Advanced Micro Devices from a "buy" rating to a "hold" rating and lifted their target price for the stock from $335.00 to $340.00 in a research note on Monday, May 4th. Sanford C. Bernstein set a $600.00 price target on shares of Advanced Micro Devices and gave the stock an "outperform" rating in a report on Wednesday, June 17th. Zacks Research cut shares of Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, June 3rd. Robert W. Baird set a $1,250.00 price objective on shares of Advanced Micro Devices in a research note on Friday. Finally, Jefferies Financial Group reissued a "buy" rating and issued a $640.00 target price on shares of Advanced Micro Devices in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $522.43.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD and Cerebras announced a technical partnership to combine Helios and Wafer-Scale Engine technology, aiming for faster, more efficient AI inference and up to 5x higher tokens per second per watt. AMD and Cerebras Announce Industry-Leading Ultra-Low-Latency and High Throughput AI Inference Solution
• Positive Sentiment: Wedbush raised its price target to $600, and several other firms also boosted targets after AMD’s Advancing AI 2026 event, signaling stronger Wall Street confidence in AMD’s AI data center growth. AMD price target boosted on strengthening AI outlook
• Positive Sentiment: Other commentary highlighted AMD’s new Helios AI rack system, expanded OpenAI and Anthropic-related demand, and multiple bullish analyst notes, all of which support the view that AMD is gaining share in AI infrastructure. AMD plans to invest to up $5 billion into Anthropic as it seeks to cut into Nvidia’s dominance
• Neutral Sentiment: Short-interest data showed no meaningful change in practice, with reported short interest listed as zero shares, so this item does not appear to be a real trading catalyst.
• Neutral Sentiment: The broader semiconductor sector pulled back on valuation and profit-taking concerns, which may be weighing on AMD even as company-specific AI news remains constructive. Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing?
• Negative Sentiment: AMD also appeared in reports about an AI-chip selloff and weaker risk appetite, suggesting some investors are taking profits after the stock’s strong run. AI Memory Stocks Lead Chip Selloff

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 24,376 shares of the firm's stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $444.39, for a total value of $10,832,450.64. Following the completion of the sale, the executive vice president directly owned 105,222 shares in the company, valued at $46,759,604.58. This trade represents a 18.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the company's stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total value of $8,406,691.80. Following the transaction, the executive vice president owned 324,527 shares in the company, valued at $140,000,947.80. This trade represents a 5.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 310,310 shares of company stock valued at $141,185,456 over the last ninety days. 0.50% of the stock is owned by corporate 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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