Morse Asset Management Inc Reduces Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Morse Asset Management reduced its stake in Advanced Micro Devices by 18.4% in Q4, selling 4,251 shares and ending the period with 18,863 shares worth about $4.04 million.
• Company insiders have been net sellers recently: CEO Lisa T. Su sold 85,000 shares for roughly $16.9 million on March 12, and insiders have sold 304,672 shares (~$70.1 million) in the past 90 days, with insiders owning about 0.50% of the stock.
• Analyst sentiment is broadly positive but mixed — AMD has an average rating of “Moderate Buy” with a $303.84 average price target, while some firms warn of valuation and supply risks amid a high P/E (~128.9) and elevated near‑term volatility.

Morse Asset Management Inc decreased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 18.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,863 shares of the semiconductor manufacturer's stock after selling 4,251 shares during the quarter. Morse Asset Management Inc's holdings in Advanced Micro Devices were worth $4,040,000 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. Milestone Asset Management Group LLC purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth approximately $215,000. Alta Wealth Advisors LLC boosted its holdings in shares of Advanced Micro Devices by 5.2% in the 4th quarter. Alta Wealth Advisors LLC now owns 4,622 shares of the semiconductor manufacturer's stock worth $990,000 after purchasing an additional 230 shares during the period. Falcon Wealth Planning boosted its holdings in shares of Advanced Micro Devices by 7.2% in the 4th quarter. Falcon Wealth Planning now owns 1,952 shares of the semiconductor manufacturer's stock worth $418,000 after purchasing an additional 131 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Advanced Micro Devices by 3.1% in the 4th quarter. Principal Financial Group Inc. now owns 1,820,652 shares of the semiconductor manufacturer's stock worth $389,911,000 after purchasing an additional 54,470 shares during the period. Finally, Fulcrum Wealth Advisors LLC purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth approximately $353,000. Hedge funds and other institutional investors own 71.34% of the company's stock.

Analyst Ratings Changes

AMD has been the subject of a number of recent research reports. Jefferies Financial Group reiterated a "buy" rating on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Erste Group Bank upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Thursday, April 2nd. Mizuho lifted their target price on Advanced Micro Devices from $275.00 to $280.00 and gave the stock an "outperform" rating in a report on Wednesday, February 25th. Morgan Stanley dropped their target price on Advanced Micro Devices from $260.00 to $255.00 and set an "equal weight" rating for the company in a report on Wednesday, February 4th. Finally, The Goldman Sachs Group boosted their price objective on Advanced Micro Devices from $210.00 to $240.00 and gave the company a "neutral" rating in a report on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, Advanced Micro Devices presently has an average rating of "Moderate Buy" and an average price target of $303.84.

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 85,000 shares of the business's stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $198.77, for a total transaction of $16,895,450.00. Following the sale, the chief executive officer owned 3,146,006 shares of the company's stock, valued at approximately $625,331,612.62. The trade was a 2.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Paul Darren Grasby sold 7,500 shares of the business's stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the sale, the executive vice president directly owned 129,598 shares in the company, valued at approximately $26,550,742.26. This represents a 5.47% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 304,672 shares of company stock valued at $70,135,070. 0.50% of the stock is owned by corporate insiders.

Advanced Micro Devices Trading Down 5.3%

Shares of NASDAQ:AMD opened at $341.54 on Tuesday. The business's 50-day moving average is $232.51 and its 200 day moving average is $228.39. Advanced Micro Devices, Inc. has a 1 year low of $96.88 and a 1 year high of $362.79. The firm has a market capitalization of $556.83 billion, a P/E ratio of 128.88, a P/E/G ratio of 1.30 and a beta of 2.40. 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 released its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS 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 during the quarter, compared to analysts' expectations of $9.65 billion. During the same period last year, the business posted $1.09 earnings per share. The firm's revenue was up 34.1% compared to the same quarter last year. On average, research analysts predict that Advanced Micro Devices, Inc. will post 5.82 earnings per share for the current fiscal year.

Key Advanced Micro Devices News

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

• Positive Sentiment: Wedbush raised its price target to $400 and kept an outperform stance, which supports upside expectations among bullish institutional investors. Advanced Micro Devices NASDAQ: AMD Given New $400.00 Price Target at Wedbush
• Positive Sentiment: Enterprise design wins and partnerships continue to validate demand for AMD’s MI3xx GPUs — Zyphra launched Zyphra Cloud on AMD Instinct MI355X and Riot/other customers have expanded data‑center footprints with AMD hardware. These wins support the core AI revenue narrative. Zyphra and AMD Partner to Power Zyphra Cloud on AMD Instinct™ MI355X GPUs
• Positive Sentiment: High‑profile endorsements: Jim Cramer publicly said he'd "buy some AMD ahead of the quarter," adding retail/influence support into the event. Jim Cramer Says He Would “Buy Some AMD Ahead of the Quarter”
• Neutral Sentiment: Options and volatility: traders are pricing a very large post‑earnings move, implying sizable short‑term volatility — useful for traders but a warning for buy‑and‑hold volatility risk. AMD Stock Options Traders Are Pricing In a Whopping $55B Price Swing After Earnings
• Neutral Sentiment: Earnings setup: consensus expects strong Q1 top‑line growth (roughly +33% YoY, analysts cited ~$9.9B revenue and ~$1.29 EPS) driven by data‑center GPU/CPU demand — the result will be judged as much on forward guidance as on the quarter. Should You Buy AMD Stock Before Tuesday’s Q1 Earnings Report?
• Negative Sentiment: HSBC downgraded AMD to Hold citing valuation and production limits; that note sparked a sharp intraday pullback and highlights the “limited upside vs. high multiple” risk. AMD stock slips as HSBC downgrade flags valuation concerns ahead of earnings
• Negative Sentiment: Technical/mean‑reversion risk: analysts warn AMD is overbought after a steep rally and could retrace materially if guidance disappoints or traders “sell the news.” Key supports cited in technical work sit well below recent levels. Advanced Micro Devices Technical: Steep Run-Up Ahead Of Earnings, At Risk Of Mean Reversion Decline Below 380.20
• Negative Sentiment: Supply and valuation squeeze: coverage highlights ongoing packaging (CoWoS) bottlenecks and the stock’s high multiples; if supply limits constrain shipments or margin pressure appears, the rally could be tempered quickly. The Great Chip Divide: AI Chip War Pivots from Hype to Execution
• Negative Sentiment: Analyst caution and “sell‑the‑news” chatter: several analysts and commentators warn that AI hype may be getting ahead of revenue/guidance — bad guidance could trigger outsized downside after an extended run. AMD Earnings Put Wall Street On Edge As Shay Boloor Warns AI Hype May Be Running Ahead Of Revenue, But Jim Cramer Sees Major Upside

Advanced Micro Devices Company 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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