RFG Advisory LLC Sells 4,746 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• RFG Advisory LLC trimmed its AMD stake by 36.1% in Q4, selling 4,746 shares and retaining 8,415 shares valued at about $1.802 million.
• AMD beat Q1 estimates with $1.37 EPS vs. $1.29 consensus and $10.25B revenue (up 37.8% YoY), prompting multiple analyst upgrades and higher price targets with a MarketBeat consensus of "Moderate Buy."
• Significant insider selling occurred recently: CEO Lisa Su sold 125,000 shares for roughly $26.8M, and insiders have sold 304,672 shares in the last 90 days (about $70.1M), with insiders owning ~0.50% of the stock.

RFG Advisory LLC trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 36.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,415 shares of the semiconductor manufacturer's stock after selling 4,746 shares during the quarter. RFG Advisory LLC's holdings in Advanced Micro Devices were worth $1,802,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the stock. Swedbank AB boosted its position in Advanced Micro Devices by 79.7% in the 4th quarter. Swedbank AB now owns 2,433,472 shares of the semiconductor manufacturer's stock valued at $521,152,000 after buying an additional 1,079,198 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Advanced Micro Devices by 5.9% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,580,146 shares of the semiconductor manufacturer's stock valued at $800,055,000 after buying an additional 201,042 shares during the period. BOKF NA boosted its position in Advanced Micro Devices by 4.4% in the 4th quarter. BOKF NA now owns 31,383 shares of the semiconductor manufacturer's stock valued at $6,721,000 after buying an additional 1,331 shares during the period. Destiny Wealth Partners LLC purchased a new stake in Advanced Micro Devices in the 4th quarter valued at about $5,341,000. Finally, Providence First Trust Co boosted its position in Advanced Micro Devices by 19.4% in the 4th quarter. Providence First Trust Co now owns 5,131 shares of the semiconductor manufacturer's stock valued at $1,099,000 after buying an additional 832 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Trading Down 3.1%

NASDAQ AMD opened at $408.46 on Friday. The company has a quick ratio of 2.01, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. The firm has a market cap of $665.93 billion, a PE ratio of 133.92, a price-to-earnings-growth ratio of 1.48 and a beta of 2.40. The company has a 50 day moving average price of $243.98 and a 200 day moving average price of $231.76. Advanced Micro Devices, Inc. has a 52 week low of $101.56 and a 52 week high of $430.60.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping the consensus estimate of $1.29 by $0.08. The firm had revenue of $10.25 billion during the quarter, compared to analyst estimates 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 was up 37.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.96 EPS. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 5.97 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Truist Financial set a $478.00 price target on shares of Advanced Micro Devices in a research report on Wednesday. UBS Group set a $310.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Cantor Fitzgerald upped their price target on shares of Advanced Micro Devices to $500.00 and gave the stock an "overweight" rating in a research report on Wednesday. BTIG Research raised shares of Advanced Micro Devices to a "buy" rating in a research report on Wednesday. Finally, KeyCorp upped their price target on shares of Advanced Micro Devices from $330.00 to $530.00 and gave the stock an "overweight" rating in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $388.84.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Blowout Q1 and bullish guidance — AMD reported a strong quarter with big data‑center (AI) revenue and raised near‑term guidance, which triggered the recent rally as investors re-rate AMD as a core AI infrastructure play. AMD Soars 14%: Q1 Crusher, Q2 Guide Lift, Goldman $450 Price Target Ignite AI Frenzy
• Positive Sentiment: Wall Street upgrades and higher price targets — Multiple firms quickly raised ratings and targets after the print (Goldman, Bernstein, TD Cowen, Susquehanna, Wells Fargo, Rosenblatt, etc.), boosting momentum and derivative flows. Wall Street Just Piled Into AMD: Eight Firms Hike Price Targets After Q1 Earnings Crusher
• Positive Sentiment: Supply wins for AI production — Reports highlight TSMC capacity wins and AMD saying it has secured critical memory supply, easing a key bottleneck for server CPU/GPU shipments. That supports the revenue outlook for AI servers. AMD (AMD) Stock Surges on TSMC Capacity Win and Strong Earnings
• Neutral Sentiment: Corporate calendar note — AMD set its annual shareholder meeting for May 13; management may discuss forward‑looking items that could add short‑term color but aren’t a market catalyst by themselves. AMD to Host Annual Meeting of Stockholders
• Neutral Sentiment: Sector supply risks flagged — Analysts and reporters caution a broader components/memory shortage in AI supply chains that could temper growth or shift timing even if demand remains strong. Tech Stocks Face a New AI Hurdle: A Widespread Components Shortage
• Negative Sentiment: Profit‑taking and valuation concerns — After the rapid run to all‑time highs, some strategists and commentators warn the stock is richly valued and investors are taking profits; that selling pressure can drive intraday weakness. AMD Has Flipped Nvidia: Time To Sell (Rating Downgrade)
• Negative Sentiment: Large sellers and position shifts — High‑profile managers (ARK/Cathie Wood) reduced AMD exposure and there’s visible insider selling; institutional rotation and some fund selling after gains can accentuate pullbacks. Cathie Wood Sells AMD Again — ARK Trade

Insider Activity at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 125,000 shares of the firm's stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the sale, the chief executive officer owned 3,152,476 shares in the company, valued at approximately $675,764,755.36. This trade represents a 3.81% 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. Also, EVP Mark D. Papermaster sold 31,320 shares of Advanced Micro Devices 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 completion of the sale, the executive vice president owned 1,236,037 shares in the company, valued at approximately $432,612,950. This trade represents a 2.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 304,672 shares of company stock worth $70,135,070. 0.50% of the stock is owned by company insiders.

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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