Peak Planning Group LLC Takes Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Peak Planning Group LLC initiated a new position in Advanced Micro Devices, buying 3,787 shares valued at about $819,000 in the fourth quarter.
• AMD shares were up 4.7% and the company posted strong quarterly results, with EPS of $1.37 and revenue of $10.25 billion, both above analyst expectations.
• Recent activity from insiders and analysts was mixed: CEO Lisa Su sold shares under a 10b5-1 plan, while several firms raised price targets and the stock currently carries a Moderate Buy consensus rating.

Peak Planning Group LLC purchased a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,787 shares of the semiconductor manufacturer's stock, valued at approximately $819,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Titan Investment Solutions Ltd purchased a new position in shares of Advanced Micro Devices during the 4th quarter valued at $1,559,000. Cardano Risk Management B.V. purchased a new position in shares of Advanced Micro Devices during the 4th quarter valued at $1,000,783,000. Korea Investment CORP grew its holdings in shares of Advanced Micro Devices by 3.8% during the 4th quarter. Korea Investment CORP now owns 1,270,788 shares of the semiconductor manufacturer's stock valued at $272,152,000 after acquiring an additional 46,391 shares in the last quarter. Platinum Investment Management Ltd. purchased a new position in shares of Advanced Micro Devices during the 4th quarter valued at $1,544,000. Finally, Banco Santander S.A. grew its holdings in shares of Advanced Micro Devices by 32.1% during the 4th quarter. Banco Santander S.A. now owns 217,834 shares of the semiconductor manufacturer's stock valued at $46,651,000 after acquiring an additional 52,963 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Trading Up 4.7%

Shares of NASDAQ:AMD opened at $511.57 on Friday. The stock has a market capitalization of $834.17 billion, a PE ratio of 167.73, a P/E/G ratio of 1.44 and a beta of 2.50. Advanced Micro Devices, Inc. has a 1 year low of $115.06 and a 1 year high of $546.44. The firm has a fifty day moving average price of $386.41 and a 200 day moving average price of $274.18. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.29 by $0.08. The firm had revenue of $10.25 billion during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same period in the prior year, the company posted $0.96 earnings per share. Analysts expect that Advanced Micro Devices, Inc. will post 6.2 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the company's stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 2,896,899 shares in the company, valued at $1,334,572,400.31. This represents a 4.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 31,320 shares of the company's stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the sale, the executive vice president owned 1,236,037 shares of the company's stock, valued at $432,612,950. This trade represents a 2.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 372,032 shares of company stock valued at $158,658,616 in the last three months. 0.50% of the stock is currently owned by company insiders.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Citi upgraded AMD and argued that the market is underpricing its AI GPU upside, boosting confidence in the stock’s AI-driven growth path.
• Positive Sentiment: Bank of America also raised its outlook on AMD, calling it a top CPU pick and pointing to a large agentic AI opportunity across servers and accelerators.
• Positive Sentiment: Multiple reports highlighted rising GPU market-share data and stronger investor focus on AMD’s expanding role in AI hardware, helping semiconductor stocks rally broadly.

Wall Street Analyst Weigh In

Several research firms have recently commented on AMD. Seaport Research Partners upgraded shares of Advanced Micro Devices from a "neutral" rating to a "buy" rating and set a $430.00 price target on the stock in a report on Wednesday, May 6th. Zacks Research cut shares of Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a report on Wednesday, June 3rd. Susquehanna boosted their price target on shares of Advanced Micro Devices from $375.00 to $450.00 and gave the company a "positive" rating in a report on Wednesday, May 6th. Truist Financial set a $478.00 price target on shares of Advanced Micro Devices in a report on Wednesday, May 6th. Finally, HSBC cut shares of Advanced Micro Devices from a "buy" rating to a "hold" rating and boosted their price target for the company from $335.00 to $340.00 in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $424.59.

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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