Valicenti Advisory Services Inc. Sells 12,096 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Valicenti Advisory Services cut its stake in AMD by 17.1% in Q4, selling 12,096 shares and leaving 58,688 shares worth about $12.57 million (the stock is its 14th-largest holding).
• By contrast, major institutions — including Jennison, Wellington, Assenagon, Nordea and Rafferty — materially increased positions, with hedge funds and other institutional investors owning roughly 71.34% of AMD, signaling strong institutional accumulation.
• AMD beat quarterly expectations with $1.53 EPS vs. $1.32 expected and $10.27 billion in revenue (up 34.1% YoY); analysts have an average rating of "Moderate Buy" and an average price target of $290.53.

Valicenti Advisory Services Inc. cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 17.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 58,688 shares of the semiconductor manufacturer's stock after selling 12,096 shares during the quarter. Advanced Micro Devices accounts for approximately 2.6% of Valicenti Advisory Services Inc.'s holdings, making the stock its 14th biggest holding. Valicenti Advisory Services Inc.'s holdings in Advanced Micro Devices were worth $12,569,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Jennison Associates LLC purchased a new position in Advanced Micro Devices in the 3rd quarter worth $626,826,000. Wellington Management Group LLP grew its stake in shares of Advanced Micro Devices by 335.9% during the third quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer's stock valued at $784,330,000 after buying an additional 3,735,807 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Advanced Micro Devices by 104.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer's stock worth $1,283,096,000 after buying an additional 3,059,935 shares during the period. Nordea Investment Management AB lifted its stake in shares of Advanced Micro Devices by 203.7% in the 3rd quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer's stock valued at $631,892,000 after acquiring an additional 2,619,294 shares during the last quarter. Finally, Rafferty Asset Management LLC raised its stake in shares of Advanced Micro Devices by 56.0% during the second quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer's stock valued at $961,078,000 after acquiring an additional 2,430,533 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

More Advanced Micro Devices News

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

• Positive Sentiment: D.E. Shaw materially increased its AMD position in the latest filings, signaling large-scale institutional accumulation that can lift sentiment and provide demand support for the shares. D. E. Shaw Is Loading Up on This Chip Stock
• Positive Sentiment: Wells Fargo added AMD to its Q2 “Tactical Ideas” list with an Overweight call and a high price target, helping drive short-term buying ahead of earnings. Wall Street Flags Advanced Micro Devices as a Buy Before Earnings
• Positive Sentiment: AMD deepened its collaboration with Samsung (MOU) to secure HBM4 and advanced DRAM supply for next‑gen Instinct GPUs and EPYC CPUs — reduces a key supply risk for data‑center AI products. AMD and Samsung Deepen Ties
• Positive Sentiment: Reports that an AI startup (Upstage) is in talks to buy ~10,000 AMD accelerators and chatter about CPU price increases point to robust enterprise/datacenter demand and potential near-term revenue upside. Upstage Purchase Talks
• Neutral Sentiment: Sector tailwinds: Intel’s large fab buyback and broader AI momentum have buoyed chip stocks broadly, giving AMD spillover support even if the headlines are company‑agnostic. Intel Fab Buyback Lifts Chip Sector
• Neutral Sentiment: Benzinga coverage highlights AMD pitching high‑performance CPUs/AI chips for space missions — diversification into new mission-critical markets but not yet material to near-term revenues. AMD Targets Space Market
• Negative Sentiment: Billionaires trimming exposure: Ray Dalio trimmed Bridgewater’s AMD stake and Cathie Wood’s ARK sold ~57k shares — headline selling from marquee names can sap sentiment even if positions are modest vs. overall float. Ray Dalio Trims Stake Cathie Wood Ditches 57K Shares
• Negative Sentiment: Competitive risk: Chinese GPU/AI chipmakers captured ~41% of China’s AI accelerator server market in 2025 — increasing competitive pressure in a key international market. China GPU Competition
• Negative Sentiment: Product/mix risk: Analysts flag potential deceleration in gaming revenue and heavy insider selling activity — reminders that some end markets and insider flows could weigh on near‑term growth and sentiment. Gaming Revenue Deceleration

Advanced Micro Devices Stock Up 3.3%

Shares of AMD stock opened at $210.21 on Thursday. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. The stock has a market cap of $342.71 billion, a P/E ratio of 79.32, a P/E/G ratio of 0.77 and a beta of 1.96. The company has a 50 day simple moving average of $211.43 and a two-hundred day simple moving average of $214.07.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 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 the consensus estimate of $9.65 billion. During the same period last year, the firm earned $1.09 EPS. The company's revenue was up 34.1% on a year-over-year basis. On average, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Buying and Selling

In other news, SVP Ava Hahn sold 2,442 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $234.42, for a total value of $572,453.64. Following the completion of the transaction, the senior vice president owned 16,359 shares in the company, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of Advanced Micro Devices stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the transaction, the executive vice president directly owned 289,098 shares of the company's stock, valued at $62,679,337.38. The trade was a 6.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 239,392 shares of company stock valued at $50,016,383. Insiders own 0.06% of the company's stock.

Wall Street Analysts Forecast Growth

AMD has been the subject of several research reports. DA Davidson upgraded shares of Advanced Micro Devices to a "hold" rating in a report on Friday, February 13th. Wedbush reissued an "outperform" rating and set a $290.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. The Goldman Sachs Group upped their target price on shares of Advanced Micro Devices from $210.00 to $240.00 and gave the stock a "neutral" rating in a research note on Wednesday, February 25th. Royal Bank Of Canada reissued a "sector perform" rating and set a $230.00 price target on shares of Advanced Micro Devices in a research report on Monday, March 16th. Finally, Truist Financial set a $283.00 target price on Advanced Micro Devices in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices presently has an average rating of "Moderate Buy" and an average price target of $290.53.

Advanced Micro Devices 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.

Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.