Infrastructure Capital Advisors LLC Invests $244,000 in Advanced Micro Devices, Inc. $AMD

Key Points

• Infrastructure Capital Advisors initiated a $244,000 position in AMD by purchasing 1,201 shares during the first quarter. Hedge funds and other institutional investors collectively own 71.34% of the company.
• AMD shares opened at $494.95, down 5.2%, despite strong quarterly results: earnings of $1.37 per share beat estimates, revenue reached $10.25 billion, and sales grew 37.8% year over year.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $528.11, while AMD’s AI-system strategy and potential to gain share from Nvidia support the longer-term outlook.

Infrastructure Capital Advisors LLC bought a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 1,201 shares of the semiconductor manufacturer's stock, valued at approximately $244,000.

Several other hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new position in Advanced Micro Devices during the fourth quarter worth approximately $4,929,312,000. Jennison Associates LLC increased its position in Advanced Micro Devices by 181.6% in the 4th quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer's stock valued at $2,336,552,000 after acquiring an additional 7,035,991 shares during the period. Cardano Risk Management B.V. purchased a new position in shares of Advanced Micro Devices in the 4th quarter valued at approximately $1,000,783,000. 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 worth $784,330,000 after purchasing an additional 3,735,807 shares during the last quarter. Finally, Franklin Resources Inc. increased its stake in Advanced Micro Devices by 340.1% in the 4th quarter. Franklin Resources Inc. now owns 4,747,834 shares of the semiconductor manufacturer's stock valued at $1,016,796,000 after buying an additional 3,669,054 shares during the period. Hedge funds and other institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Stock Down 5.2%

Shares of NASDAQ:AMD opened at $494.95 on Tuesday. Advanced Micro Devices, Inc. has a 12-month low of $149.22 and a 12-month high of $584.73. The stock's 50-day moving average price is $514.08 and its two-hundred day moving average price is $343.51. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The firm has a market cap of $807.07 billion, a price-to-earnings ratio of 162.28 and a beta of 2.47.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly 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 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 for the quarter was up 37.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.96 earnings per share. On average, research analysts forecast that Advanced Micro Devices, Inc. will post 6.27 EPS for the current year.

More Advanced Micro Devices News

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

• Positive Sentiment: Analysts raised targets following AMD’s Advancing AI event. Mizuho cited potential upside from AMD’s Helios rack-scale systems and upcoming Venice server CPUs, while Wedbush raised its target to $600 and Baird reportedly doubled its target to $1,250, reflecting confidence in AMD’s ability to gain share in AI infrastructure. Mizuho Lifts AMD Stock Price Target
• Positive Sentiment: AMD is positioning itself as a full AI-systems provider. Helios rack systems, the Venice CPU platform, and a new disaggregated inference architecture developed with Cerebras could help AMD compete more directly with Nvidia in enterprise and hyperscale AI deployments. Partnerships involving Microsoft and Anthropic further support the company’s strategy of selling integrated CPUs, GPUs, networking, and rack-level systems. AMD and Cerebras Create a New Blueprint for Hardware
• Positive Sentiment: The long-term growth outlook remains aggressive. Commentary suggests AMD could exceed CEO Lisa Su’s prior $100 billion revenue ambition earlier than expected if hyperscaler AI spending continues and customers seek a second major supplier to Nvidia. AMD Revenue Outlook
• Neutral Sentiment: AMD’s valuation leaves the stock sensitive to expectations. With a market capitalization above $800 billion and a very high earnings multiple, investors appear to be demanding continued exceptional execution. The company’s upcoming earnings report will be important for validating AI demand, supply availability, and forward guidance.
• Negative Sentiment: Broad semiconductor selling overwhelmed company-specific positives. AMD and other chip stocks came under pressure amid concerns about elevated GPU prices, the sustainability of AI spending, and reports of China advancing domestic lithography and memory production. Sector-wide technical and fund-driven selling added to the pressure. Chip Stocks Slide on China Semiconductor Progress
• Negative Sentiment: Reported insider activity is a cautionary signal. Quiver data shows AMD insiders made numerous sales, including transactions by CEO Lisa Su, with no open-market purchases during the period reviewed. While sales may reflect compensation or diversification, the pattern can weigh on sentiment.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Rosenblatt Securities reaffirmed a "buy" rating and issued a $665.00 price objective on shares of Advanced Micro Devices in a report on Friday. Robert W. Baird set a $1,250.00 target price on shares of Advanced Micro Devices in a research report on Friday. The Goldman Sachs Group raised their price objective on Advanced Micro Devices from $450.00 to $640.00 and gave the company a "buy" rating in a research note on Monday, July 6th. Wells Fargo & Company lifted their price target on Advanced Micro Devices from $505.00 to $615.00 and gave the stock an "overweight" rating in a research note on Tuesday, June 30th. Finally, Evercore reaffirmed an "outperform" rating and issued a $579.00 price target on shares of Advanced Micro Devices in a report on Tuesday, May 19th. Two equities research 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 stock. Based on data from MarketBeat.com, Advanced Micro Devices has a consensus rating of "Moderate Buy" and a consensus target price of $528.11.

Insiders Place Their Bets

In related news, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total transaction of $57,586,250.00. Following the transaction, the chief executive officer owned 2,896,899 shares in the company, valued at approximately $1,334,572,400.31. The trade was a 4.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 6,000 shares of the firm's stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $536.33, for a total value of $3,217,980.00. Following the completion of the transaction, the executive vice president directly owned 1,233,687 shares in the company, valued at $661,663,348.71. This trade represents a 0.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 310,310 shares of company stock worth $141,185,456. 0.50% of the stock is owned by insiders.

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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