Ritholtz Wealth Management Purchases 3,547 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Ritholtz Wealth Management increased its stake in AMD by 13.4%, buying 3,547 shares to hold 29,929 shares valued at about $6.41M per its latest 13F filing.
• Institutional interest is strong (71.34% owned by institutions) and analysts are broadly positive (average price target ≈ $290), with AI-driven demand and TSMC signals cited as near-term tailwinds ahead of AMD's May 5 earnings catalyst.
• Insider selling totaled 242,685 shares (~$50.76M) in the last three months even as AMD beat its recent quarter (EPS $1.53 vs $1.32; revenue $10.27B, +34.1%); the stock trades near $245 with a market cap of about $399.5B and a high P/E (~92.5).

Ritholtz Wealth Management grew its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 13.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,929 shares of the semiconductor manufacturer's stock after buying an additional 3,547 shares during the quarter. Ritholtz Wealth Management's holdings in Advanced Micro Devices were worth $6,410,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC grew its stake in shares of Advanced Micro Devices by 39.7% during 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 last quarter. Koesten Hirschmann & Crabtree INC. grew its stake in shares of Advanced Micro Devices by 61.0% during 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 last quarter. Aviso Financial Inc. grew its stake in shares of Advanced Micro Devices by 400.0% during 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 last quarter. Delos Wealth Advisors LLC grew its stake in shares of Advanced Micro Devices by 100.0% during 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 last quarter. Finally, Evolution Wealth Management Inc. bought a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $34,000. 71.34% of the stock is owned by institutional investors.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: TSMC’s strong Q1 revenue and reported surge in chip orders is being read as a leading indicator for AI silicon demand — a direct tailwind for AMD’s EPYC/GPU server exposure. Read More.
• Positive Sentiment: Sector AI rally: coverage shows investors rotating into multiple AI‑compute suppliers (including AMD) as the AI infrastructure narrative broadens beyond a single winner, supporting near‑term momentum. Read More.
• Positive Sentiment: Analyst and bank support: Bank of America and other shops are highlighting AMD as a top AI‑compute buy, and select boutiques have raised targets — this endorsement helps fuel demand from institutional and retail buyers. Read More.
• Positive Sentiment: Institutional positioning: filings show large holders adding or maintaining big stakes (Vanguard, State Street, etc.), which supports price stability and upside momentum. Read More.
• Neutral Sentiment: Upcoming earnings (May 5) — a concrete catalyst that could reinforce the rally if data‑center revenue surprises, or trigger volatility if guidance disappoints. Read More.
• Neutral Sentiment: Valuation debate: some outlets flag a rich forward P/E, prompting discussion about how much growth is already priced in — this creates mixed investor opinions on further near‑term upside. Read More.
• Negative Sentiment: Insider and high‑profile selling: executive sales (e.g., Mark Papermaster via a 10b5‑1 plan) and reports of large manager sell‑downs can create headline pressure despite being routine or planned. Read More. Read More.
• Negative Sentiment: Structural competition risk: analysis noting hyperscalers’ shift toward Arm/custom silicon remains a longer‑term headwind for x86‑dependent suppliers if cloud providers accelerate proprietary designs. Read More.

Wall Street Analyst Weigh In

Several analysts have recently commented on AMD shares. Rosenblatt Securities reissued a "buy" rating and set a $300.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Weiss Ratings reissued a "hold (c+)" rating on shares of Advanced Micro Devices in a research note on Monday, December 29th. Wells Fargo & Company reissued an "overweight" rating and set a $345.00 price target on shares of Advanced Micro Devices in a research note on Friday, January 30th. Citigroup decreased their price target 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. Finally, Evercore reissued an "outperform" rating and set a $358.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $290.19.

Insiders Place Their Bets

In related news, SVP Ava Hahn sold 2,442 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $234.42, for a total value of $572,453.64. Following the transaction, the senior vice president directly owned 16,359 shares in the company, valued at $3,834,876.78. This represents a 12.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Paul Darren Grasby sold 7,500 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the completion of the transaction, 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 242,685 shares of company stock valued at $50,757,308 over the last three months. 0.50% of the stock is owned by insiders.

Advanced Micro Devices Trading Up 3.5%

Shares of NASDAQ AMD opened at $245.04 on Friday. The company's 50 day simple moving average is $208.07 and its 200 day simple moving average is $216.99. Advanced Micro Devices, Inc. has a fifty-two week low of $83.75 and a fifty-two week high of $267.08. The firm has a market capitalization of $399.50 billion, a P/E ratio of 92.47, a P/E/G ratio of 0.88 and a beta of 1.96. 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 announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share 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 business had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. During the same period in the prior year, the business posted $1.09 earnings per share. Advanced Micro Devices's revenue was up 34.1% compared to the same quarter last year. On average, analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

About Advanced Micro Devices

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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