Stonebrook Private Inc. Sells 4,425 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Stonebrook Private Inc. cut its AMD stake by 54.2% in the fourth quarter, selling 4,425 shares and leaving it with 3,742 shares valued at about $801,000.
• Institutional ownership remains very high, with funds like Vanguard, State Street, Geode, Norges Bank, and Amundi adding to positions; overall, 71.34% of AMD’s stock is held by institutions and hedge funds.
• AMD continues to draw attention for its AI strategy and financial performance, including a planned £2 billion UK investment and a recent quarter that beat earnings and revenue estimates, even as insider selling and semiconductor sector weakness weigh on sentiment.

Stonebrook Private Inc. lessened its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 54.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,742 shares of the semiconductor manufacturer's stock after selling 4,425 shares during the period. Stonebrook Private Inc.'s holdings in Advanced Micro Devices were worth $801,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Advanced Micro Devices by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer's stock worth $33,949,256,000 after acquiring an additional 2,525,109 shares in the last quarter. State Street Corp increased its position in shares of Advanced Micro Devices by 2.4% during the third quarter. State Street Corp now owns 73,824,441 shares of the semiconductor manufacturer's stock worth $11,944,056,000 after acquiring an additional 1,755,182 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Advanced Micro Devices by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer's stock worth $8,015,897,000 after acquiring an additional 287,525 shares in the last quarter. Norges Bank bought a new stake in shares of Advanced Micro Devices during the fourth quarter worth $4,929,312,000. Finally, Amundi increased its position in shares of Advanced Micro Devices by 17.5% during the third quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer's stock worth $2,181,937,000 after acquiring an additional 2,012,865 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD announced a planned investment of up to £2 billion over five years in the United Kingdom to expand AI innovation, advanced computing, research partnerships, and workforce development, which supports its long-term AI growth story. AMD Commits up to £2 Billion to Accelerate AI Innovation and Research in the United Kingdom
• Positive Sentiment: Several analysts and commentators remained constructive on AMD, citing strong AI infrastructure demand, recent revenue growth, and potential upside from EPYC and Instinct adoption across cloud and enterprise markets.
• Neutral Sentiment: AMD also received attention for new collaborations with Imperial College London, Oriole Networks, and the University of Cambridge, which could help strengthen its AI ecosystem but are longer-term rather than immediate financial catalysts.
• Neutral Sentiment: Insider and institutional trading data showed mixed signals: insiders have been net sellers over the past six months, while several large funds have been adding to positions.
• Negative Sentiment: Shares were weighed by a broad semiconductor selloff and weaker risk appetite, with multiple reports noting that chipmakers, including AMD, pulled lower as the market’s recent AI rebound faded.
• Negative Sentiment: Bearish commentary also resurfaced, with some articles arguing AMD’s valuation is stretched and that Nvidia still holds a wide lead in AI accelerators, which may be pressuring sentiment.

Insider Buying and Selling

In other news, EVP Forrest Eugene Norrod sold 19,487 shares of Advanced Micro Devices stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total value of $8,406,691.80. Following the completion of the transaction, the executive vice president owned 324,527 shares of the company's stock, valued at $140,000,947.80. This trade represents a 5.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 24,376 shares of Advanced Micro Devices stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $444.39, for a total transaction of $10,832,450.64. Following the completion of the transaction, the executive vice president directly owned 105,222 shares of the company's stock, valued at approximately $46,759,604.58. This trade represents a 18.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 332,032 shares of company stock worth $117,967,816. Corporate insiders own 0.50% of the company's stock.

Analysts Set New Price Targets

AMD has been the subject of several research reports. BTIG Research raised shares of Advanced Micro Devices to a "buy" rating in a research report on Wednesday, May 6th. HSBC downgraded shares of Advanced Micro Devices from a "buy" rating to a "hold" rating and increased their price objective for the stock from $335.00 to $340.00 in a research report on Monday, May 4th. Barclays increased their price objective on shares of Advanced Micro Devices from $500.00 to $665.00 and gave the stock an "overweight" rating in a research report on Monday, June 1st. Needham & Company LLC raised shares of Advanced Micro Devices to a "buy" rating in a research report on Wednesday, May 6th. Finally, KeyCorp increased their price objective 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, May 6th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and thirteen have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $419.86.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $475.51 on Wednesday. The firm has a 50-day moving average of $369.56 and a 200-day moving average of $268.77. Advanced Micro Devices, Inc. has a one year low of $115.06 and a one year high of $546.44. The company has a market cap of $775.37 billion, a PE ratio of 155.91, a price-to-earnings-growth ratio of 1.44 and a beta of 2.50. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, beating analysts' consensus estimates of $1.29 by $0.08. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $9.90 billion. During the same quarter last year, the firm posted $0.96 EPS. The company's quarterly revenue was up 37.8% on a year-over-year basis. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current 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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