Quent Long Short Global Small Cap Fund LP Takes Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Quent Long Short Global Small Cap Fund LP initiated a new stake in AMD, acquiring 9,312 shares in Q4 worth about $1.99 million.
• Institutional buying has ramped up and Wall Street is broadly positive—MarketBeat shows a "Moderate Buy" consensus with a roughly $292.14 price target, and several firms have raised targets (e.g., Stifel to $320) on AI/server-driven outlooks.
• Risks remain: insiders have sold 273,352 shares (~$59.17 million) in the past 90 days, and some analysts warn of potential gross-margin pressure and valuation downside if AI/server share gains or margins slip.

Quent Long Short Global Small Cap Fund LP acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 9,312 shares of the semiconductor manufacturer's stock, valued at approximately $1,994,000.

Several other institutional investors also recently modified their holdings of AMD. Impax Asset Management Group plc lifted its position in shares of Advanced Micro Devices by 326.5% during the 3rd quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer's stock valued at $8,424,000 after buying an additional 39,861 shares in the last quarter. Zweig DiMenna Associates LLC lifted its stake in shares of Advanced Micro Devices by 127.6% during the 3rd quarter. Zweig DiMenna Associates LLC now owns 72,602 shares of the semiconductor manufacturer's stock valued at $11,746,000 after buying an additional 40,708 shares in the last quarter. Wedbush Securities Inc. lifted its stake in shares of Advanced Micro Devices by 7.8% during the 3rd quarter. Wedbush Securities Inc. now owns 84,256 shares of the semiconductor manufacturer's stock valued at $13,632,000 after buying an additional 6,095 shares in the last quarter. Highline Wealth Partners LLC lifted its stake in shares of Advanced Micro Devices by 4,891.6% during the 4th quarter. Highline Wealth Partners LLC now owns 8,286 shares of the semiconductor manufacturer's stock valued at $1,775,000 after buying an additional 8,120 shares in the last quarter. Finally, William Blair Investment Management LLC lifted its stake in shares of Advanced Micro Devices by 72.5% during the 3rd quarter. William Blair Investment Management LLC now owns 1,047,200 shares of the semiconductor manufacturer's stock valued at $169,426,000 after buying an additional 440,296 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AMD. Citigroup lowered their target price on shares of Advanced Micro Devices from $260.00 to $248.00 and set a "neutral" rating on the stock in a research note on Monday, April 6th. China Renaissance initiated coverage on Advanced Micro Devices in a report on Tuesday, January 13th. They issued a "buy" rating and a $291.00 price target on the stock. TD Cowen reissued a "buy" rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Rosenblatt Securities reissued a "buy" rating and issued a $300.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Finally, Mizuho boosted their price target on shares of Advanced Micro Devices from $275.00 to $280.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $292.14.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Stifel raised its price target to $320, driving renewed buy-side conviction that AMD can capture accelerating AI-driven compute demand; the move helped lift sentiment and institutional flows. Why Stifel Just Raised Its AMD Stock Price Target by 14%
• Positive Sentiment: Launch of the Ryzen 9 9950X3D2 (Dual 3D V-Cache) is being received as a high-end gaming and margin-accretive product, giving near-term revenue/margin tailwinds in the client segment. AMD Stock Jumps on the Launch of the Ryzen 9 9950X3D2 Dual Edition
• Positive Sentiment: Shares hit all-time highs as investors re-rate AMD on AI/server secular demand and stronger-than-expected top-line momentum. Momentum is being reinforced by several bullish Wall Street notes. AMD stock hits all-time high at 304.38 USD
• Positive Sentiment: Multiple analyst/coverage roundups and bullish commentaries are amplifying optimism that AMD’s EPYC/Instinct roadmap can sustain AI/server share gains. Wall Street Bullish on Advanced Micro Devices (AMD), Here’s What Analysts Have to Say
• Positive Sentiment: Institutional inflows and several price-target lifts (and coverage upgrades) have amplified the rally, signaling broad investor appetite for AMD exposure in the AI trade. Advanced Micro Devices (AMD) Stock Climbs 6.67% Following New Ryzen Launch and Price Target Boost
• Neutral Sentiment: OEM/product wins (Getac’s new G140 Copilot+ rugged PC) show AMD chips continuing to broaden adoption in industrial and edge devices — supportive, but not a near-term revenue inflection. Getac Redefines Rugged Mobility with Launch of G140 Copilot+ PC, Powered by AMD Technology
• Neutral Sentiment: Some broker notes (e.g., GF Securities) are bullish ahead of AMD’s May earnings and recommend accumulation, but these calls are contingent on continued AI/server strength. Should You Buy AMD Stock Before Earnings on May 5? GF Securities Says Yes.
• Negative Sentiment: Zacks warns of a potential sequential gross-margin contraction (~200 bps) due to fading one-time gains, China weakness and seasonality — a reminder margins may be pressured even as revenue grows. AMD's Gross Margin to Contract Sequentially: Is Growth Getting Harder?
• Negative Sentiment: Valuation concerns are rising: several commentaries argue AMD’s run has priced in significant growth, warning about downside risk if AI/server share or margins disappoint. At Over $280, Is It Too Late To Buy AMD Stock?

Insider Buying and Selling

In related news, EVP Paul Darren Grasby sold 7,500 shares of the 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 sale, the executive vice president owned 129,598 shares in the company, valued at approximately $26,550,742.26. This represents a 5.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Mark D. Papermaster sold 27,109 shares of the stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $275.00, for a total transaction of $7,454,975.00. Following the completion of the sale, the executive vice president directly owned 1,267,357 shares in the company, valued at $348,523,175. This trade represents a 2.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 273,352 shares of company stock worth $59,173,070. 0.50% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Stock Up 0.6%

Shares of NASDAQ AMD opened at $305.33 on Friday. The firm's 50-day moving average price is $218.99 and its 200-day moving average price is $224.08. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $497.79 billion, a price-to-earnings ratio of 115.22, a P/E/G ratio of 1.10 and a beta of 1.96. Advanced Micro Devices, Inc. has a 12-month low of $90.37 and a 12-month high of $310.22.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its 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 net margin of 12.52% and a return on equity of 8.84%. The firm had revenue of $10.27 billion for the quarter, compared to analysts' expectations of $9.65 billion. During the same period in the prior year, the company earned $1.09 EPS. The business's revenue was up 34.1% compared to the same quarter last year. On average, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 5.78 EPS for the current fiscal year.

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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