Patten Group Inc. Increases Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Patten Group Inc. raised its stake in AMD by 32.3% in Q4, buying 2,312 shares to hold 9,471 shares valued at about $2.03 million at quarter-end.
• AMD reported strong results, topping Q4 estimates with $1.53 EPS and $10.27 billion revenue (up 34.1% YoY), and Wall Street consensus remains a “Moderate Buy” with an average target around $290.19 amid bullish AI-driven demand commentary.
• Insider selling has been notable recently—EVPs sold sizable blocks (7,500 and 19,450 shares) and insiders liquidated 242,685 shares worth about $50.8 million over the last 90 days—while institutional investors own roughly 71.34% of the stock.

Patten Group Inc. lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 32.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,471 shares of the semiconductor manufacturer's stock after purchasing an additional 2,312 shares during the period. Patten Group Inc.'s holdings in Advanced Micro Devices were worth $2,028,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Koesten Hirschmann & Crabtree INC. boosted its holdings in shares of Advanced Micro Devices by 61.0% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock valued at $26,000 after purchasing an additional 61 shares during the period. ORG Wealth Partners LLC boosted its holdings in shares of Advanced Micro Devices by 39.7% in the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer's stock valued at $26,000 after purchasing an additional 46 shares during the period. PFS Partners LLC boosted its holdings in shares of Advanced Micro Devices by 269.2% in the fourth quarter. PFS Partners LLC now owns 192 shares of the semiconductor manufacturer's stock valued at $41,000 after purchasing an additional 140 shares during the period. Aviso Financial Inc. boosted its holdings in shares of Advanced Micro Devices by 400.0% in the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer's stock valued at $32,000 after purchasing an additional 160 shares during the period. Finally, Delos Wealth Advisors LLC boosted its holdings in shares of Advanced Micro Devices by 100.0% in the third quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer's stock valued at $32,000 after purchasing an additional 100 shares during the period. Hedge funds and other institutional investors own 71.34% of the company's stock.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 7,500 shares of the company's stock in a transaction 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 completion of the sale, the executive vice president owned 129,598 shares in the company, valued at $26,550,742.26. This represents a 5.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the company's stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the sale, the executive vice president owned 289,098 shares of the company's stock, valued at approximately $62,679,337.38. This represents a 6.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 242,685 shares of company stock valued at $50,757,308 over the last 90 days. Insiders own 0.50% of the company's stock.

More Advanced Micro Devices News

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

• Positive Sentiment: Bullish analyst/industry calls highlight AI-driven CPU demand and position AMD as a top buy, supporting near-term sentiment and funds rotating into chip exposure. KeyBanc Taps INTC, AMD Stocks as Top Buys
• Positive Sentiment: Price momentum: AMD is on a multi-day winning streak (reported as a >20% uptick over nine sessions), which attracts momentum and technical traders. AMD shares uptick over 20% in nine-session winning streak
• Positive Sentiment: Industry outlooks (Zacks and others) continue to point to AI-led demand that benefits AMD alongside peers, reinforcing longer-term revenue growth expectations. Zacks Industry Outlook Highlights Micron, Advanced Micro Devices, Hewlett Packard and Agilysys
• Positive Sentiment: Customer traction: Supermicro announced edge AI systems powered by AMD EPYC processors, a concrete OEM win that supports server/EPYC demand narratives. Supermicro Introduces Compact, Energy-Efficient Systems
• Positive Sentiment: Third‑party price models remain constructive (examples projecting mid‑teens upside over 12 months), which can buoy investor conviction. AMD Price Prediction: Where Will The Stock be in 2027
• Neutral Sentiment: Product update: AMD released AI app enhancements but the update failed to materially move shares, suggesting product news alone isn’t driving the move. AMD Updates AI App as Stock Slips
• Neutral Sentiment: Market coverage pieces and “what’s happening” summaries explain volatility but add little new fundamental information; they can amplify swings without changing fundamentals. What's going on with Advanced Micro Devices stock Monday?
• Neutral Sentiment: Unrelated headlines using the acronym “AMD” (age‑related macular degeneration) — e.g., Ocular Therapeutix trial news — can create search/noise but are not related to AMD the chipmaker. Ocular's Axpaxli Cuts Risk Of Worsening In Late-Stage AMD Study
• Negative Sentiment: Institutional rotation / profit‑taking: ARK/ Cathie Wood trimmed AMD and shifted capital into Palantir, reflecting some fund-level rebalancing away from AMD and raising short‑term selling pressure. ARK Invest Rotates $10M from AMD into Palantir
• Negative Sentiment: Valuation caution: critical commentary argues that while growth is real, upside may be limited versus current rich multiples — a narrative that can cap further rallies until results justify valuation. AMD: Growth Is Real, Upside Is Not

Advanced Micro Devices Stock Up 0.7%

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

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping analysts' consensus estimates of $1.32 by $0.21. The company had revenue of $10.27 billion during the quarter, compared to analyst estimates of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.Advanced Micro Devices's revenue was up 34.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.09 earnings per share. On average, analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Evercore reiterated an "outperform" rating and issued a $358.00 price target on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Benchmark reiterated a "buy" rating and issued a $325.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Mizuho boosted 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. Jefferies Financial Group reiterated a "buy" rating on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Finally, The Goldman Sachs Group boosted their price target 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 equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $290.19.

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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