Kercheville Advisors LLC Acquires 3,050 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Kercheville Advisors LLC boosted its stake in Advanced Micro Devices by 17.2%, adding 3,050 shares to hold 20,760 shares worth about $4.45 million, roughly 1.3% of the firm's portfolio and its 25th-largest holding.
• Insider selling has been heavy: CEO Lisa T. Su sold 125,000 shares for ~$26.8M and EVP Mark Papermaster sold 27,109 shares for ~$7.45M, with insiders offloading 273,352 shares (~$59.17M) in the past 90 days.
• Analyst sentiment is turning bullish—DA Davidson upgraded AMD to Buy with a $375 target and multiple firms raised targets, leaving a consensus "Moderate Buy" and an average price target near $296 as the stock trades close to its 52-week high with a rich PE (~131).

Kercheville Advisors LLC grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 17.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,760 shares of the semiconductor manufacturer's stock after buying an additional 3,050 shares during the quarter. Advanced Micro Devices accounts for approximately 1.3% of Kercheville Advisors LLC's holdings, making the stock its 25th biggest holding. Kercheville Advisors LLC's holdings in Advanced Micro Devices were worth $4,446,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AMD. Brighton Jones LLC raised its stake in Advanced Micro Devices by 178.2% during the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock worth $5,551,000 after acquiring an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock valued at $1,001,000 after purchasing an additional 234 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Advanced Micro Devices by 125.1% during the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock worth $758,000 after purchasing an additional 2,970 shares during the last quarter. United Bank raised its holdings in shares of Advanced Micro Devices by 22.0% in the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer's stock valued at $1,881,000 after buying an additional 2,392 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its position in Advanced Micro Devices by 361.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer's stock worth $1,310,000 after buying an additional 7,228 shares in the last quarter. Institutional investors own 71.34% of the company's stock.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the transaction, the chief executive officer owned 3,152,476 shares of the company's stock, valued at $675,764,755.36. This trade represents a 3.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Mark D. Papermaster sold 27,109 shares of the business's stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $275.00, for a total transaction of $7,454,975.00. Following the transaction, the executive vice president owned 1,267,357 shares of the company's stock, valued at approximately $348,523,175. This represents a 2.09% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 273,352 shares of company stock worth $59,173,070 in the last ninety days. 0.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Sanford C. Bernstein raised their price objective on shares of Advanced Micro Devices from $235.00 to $265.00 and gave the company a "market perform" rating in a research report on Thursday, April 16th. Roth Mkm reiterated a "buy" rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Erste Group Bank raised shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a research note on Thursday, April 2nd. DA Davidson raised shares of Advanced Micro Devices from a "neutral" rating to a "buy" rating and raised their price target for the company from $220.00 to $375.00 in a report on Friday. Finally, Wedbush reiterated an "outperform" rating and issued a $290.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $296.44.

Advanced Micro Devices Price Performance

AMD opened at $347.62 on Friday. The company has a fifty day moving average price of $221.80 and a two-hundred day moving average price of $225.08. The firm has a market capitalization of $566.74 billion, a PE ratio of 131.18, a P/E/G ratio of 1.10 and a beta of 1.96. Advanced Micro Devices, Inc. has a 52 week low of $91.87 and a 52 week high of $352.99. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating analysts' consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company had revenue of $10.27 billion for the quarter, compared to the consensus estimate of $9.65 billion. During the same quarter in the prior year, the business posted $1.09 EPS. The firm's quarterly revenue was up 34.1% on a year-over-year basis. As a group, analysts anticipate that Advanced Micro Devices, Inc. will post 5.78 earnings per share for the current year.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: DA Davidson upgraded AMD to Buy and raised its price target to $375, giving Wall Street a fresh bullish read and helping push momentum. DA Davidson upgrade
• Positive Sentiment: Intel’s blowout quarter created a sector-wide rally that benefitted AMD (investors infer stronger CPU demand across hyperscalers), amplifying buying in AMD shares. CNBC: Intel halo lift
• Positive Sentiment: Stifel and other firms have lifted targets and the launch of the Ryzen 9 9950X3D2 (high-end CPU) strengthens AMD’s PC/gaming margins narrative—another demand/roadmap catalyst. Stifel target & Ryzen launch
• Positive Sentiment: Broader chip-market momentum is strong (SOXX notched a record win streak), signaling sustained investor interest in semiconductors and amplifying flows into AMD. SOXX streak
• Neutral Sentiment: ETF routes are highlighting AMD exposure—investors preferring diversified positions can use semiconductor ETFs (VanEck et al.) for indirect exposure. ETF exposure article
• Neutral Sentiment: GraniteShares’ YieldBOOST AMD ETF announced a weekly distribution; income-focused ETF products can attract a different buyer base but are not a direct signal on AMD fundamentals. GraniteShares distribution
• Negative Sentiment: Insider selling has been heavy recently (many disclosed sales, few/no buys), which some investors view as a cautionary signal on near-term positioning. QuiverQuant insider activity
• Negative Sentiment: Valuation and risk warnings: several articles note AMD’s rich multiples and argue other AI-chip names may offer more upside—heightening the risk if earnings or guidance disappoint. Fool valuation caution

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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