Massachusetts Financial Services Co. MA Acquires 415,482 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Massachusetts Financial Services Co. MA increased its stake in Advanced Micro Devices by 268.4% in Q4, buying an additional 415,482 shares to hold 570,296 shares valued at about $122.1 million.
• AMD reported a strong quarter—EPS $1.53 vs. $1.32 consensus and revenue $10.27 billion (+34.1% YoY)—and its shares trade near a 1‑year high with a market cap of approximately $402.3 billion and a P/E of 93.12.
• Insiders have sold 242,685 shares (about $50.8 million) in the past 90 days while institutional ownership is 71.34%; analysts on average rate AMD a Moderate Buy with an average price target of $290.19.

Massachusetts Financial Services Co. MA increased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 268.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 570,296 shares of the semiconductor manufacturer's stock after buying an additional 415,482 shares during the quarter. Massachusetts Financial Services Co. MA's holdings in Advanced Micro Devices were worth $122,135,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Advanced Micro Devices by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 155,997,751 shares of the semiconductor manufacturer's stock valued at $25,238,876,000 after buying an additional 1,348,892 shares during the last quarter. State Street Corp boosted its holdings in shares of Advanced Micro Devices by 2.4% in the 3rd quarter. State Street Corp now owns 73,824,441 shares of the semiconductor manufacturer's stock valued at $11,944,056,000 after buying an additional 1,755,182 shares during the last quarter. Amundi boosted its holdings in shares of Advanced Micro Devices by 17.5% in the 3rd quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer's stock valued at $2,181,937,000 after buying an additional 2,012,865 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Advanced Micro Devices by 6.5% in the 3rd quarter. Invesco Ltd. now owns 13,348,413 shares of the semiconductor manufacturer's stock valued at $2,159,640,000 after buying an additional 813,844 shares during the last quarter. Finally, Legal & General Group Plc boosted its holdings in shares of Advanced Micro Devices by 1.7% in the 3rd quarter. Legal & General Group Plc now owns 11,579,113 shares of the semiconductor manufacturer's stock valued at $1,873,385,000 after buying an additional 191,590 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

Insider Activity at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 3,293 shares of Advanced Micro Devices stock in a transaction on Monday, April 6th. The stock was sold at an average price of $225.00, for a total transaction of $740,925.00. Following the completion of the sale, the executive vice president owned 1,294,466 shares of the company's stock, valued at approximately $291,254,850. This trade represents a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 2,442 shares of Advanced Micro Devices stock in a transaction on Friday, January 16th. The stock was sold at an average price of $234.42, for a total value of $572,453.64. Following the sale, the senior vice president directly owned 16,359 shares of the company's stock, valued at $3,834,876.78. This represents a 12.99% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 242,685 shares of company stock valued at $50,757,308. 0.50% of the stock is currently owned by insiders.

Advanced Micro Devices Trading Up 0.7%

Shares of Advanced Micro Devices stock opened at $246.78 on Tuesday. The business has a fifty day simple moving average of $208.08 and a two-hundred day simple moving average of $218.38. Advanced Micro Devices, Inc. has a 1 year low of $83.75 and a 1 year high of $267.08. The company has a market capitalization of $402.33 billion, a price-to-earnings ratio of 93.12, a P/E/G ratio of 0.91 and a beta of 1.96. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. During the same quarter last year, the firm posted $1.09 EPS. The company's quarterly revenue was up 34.1% on a year-over-year basis. Research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently commented on AMD. Citigroup cut their price objective on Advanced Micro Devices from $260.00 to $248.00 and set a "neutral" rating for the company in a report on Monday, April 6th. Phillip Securities raised Advanced Micro Devices from a "moderate buy" rating to a "strong-buy" rating in a report on Sunday, February 8th. Wall Street Zen raised Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Monday, January 26th. Mizuho raised their price target on Advanced Micro Devices from $275.00 to $280.00 and gave the company an "outperform" rating in a report on Wednesday, February 25th. Finally, Wells Fargo & Company reaffirmed an "overweight" rating and set a $345.00 price target on shares of Advanced Micro Devices in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $290.19.

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD’s nine-session winning streak and >20% run highlight strong market momentum and buyer interest in the stock; technical strength can attract momentum traders. AMD shares uptick over 20% in nine-session winning streak
• Positive Sentiment: KeyBanc names AMD a top buy on expected higher CPU demand — a fundamental bullish signal that could support upside as investors position for AI/data‑center-driven CPU cycles. KeyBanc Taps INTC, AMD Stocks as Top Buys on CPU Demand. Should You Load Up Now?
• Positive Sentiment: Supermicro announced compact systems powered by AMD EPYC processors — a customer win / design win signal that supports enterprise and edge server demand for AMD CPUs. Supermicro Introduces Compact, Energy-Efficient Systems to Accelerate Adoption of Intelligent Edge AI
• Neutral Sentiment: Several industry write-ups (Zacks, 247WallSt, Yahoo/“Street thinks”) reiterate AI-driven growth for AMD but offer mixed valuations and multi‑year targets — useful context but not an immediate catalyst. Zacks Industry Outlook Highlights Micron Technology, Advanced Micro Devices, Hewlett Packard and Agilysys
• Neutral Sentiment: Coverage comparing AMD vs. Nvidia and longer-term price‑target pieces project continued upside but underline valuation and competitive differences — background research for investors rather than a same‑day trigger. Better Buy: AMD vs. Nvidia Stock
• Negative Sentiment: ARK Invest / Cathie Wood trimmed AMD (rotated ~ $10M into Palantir), and reports show some fund selling — visible institutional trimming can pressure the stock or reduce near‑term momentum. ARK Invest Rotates $10M from AMD into Palantir (PLTR) Stock Amid Market Volatility
• Negative Sentiment: Analysis pieces question upside vs. current valuation — e.g., Seeking Alpha’s “Growth Is Real, Upside Is Not” argues growth is strong but further multiple expansion may be limited, which can cap rallies. AMD: Growth Is Real, Upside Is Not
• Negative Sentiment: Product update: AMD’s AI app got new features but the announcement “failed to lift shares” in one report — suggests investors need clearer revenue/cadence signals from software/services to move valuation materially. AMD Updates AI App as Stock Slips
• Neutral Sentiment: Some headlines reference “AMD” in the medical context (age‑related macular degeneration) — these are unrelated to Advanced Micro Devices and shouldn’t affect AMD (chip maker) fundamentals. Example: Ocular Therapeutix trial updates. Ocular's Axpaxli Cuts Risk Of Worsening In Late-Stage AMD Study

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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