Vestor Capital LLC Decreases Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Vestor Capital cut its AMD stake by 99.3% in the first quarter, selling 179,656 shares and retaining just 1,321 shares valued at approximately $269,000. Institutional investors and hedge funds still own 71.34% of AMD.
• AMD reported stronger-than-expected quarterly results, with EPS of $1.37 versus the $1.29 consensus and revenue of $10.25 billion, up 37.8% year over year. However, the stock traded at a demanding P/E ratio of 156.12.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $529.46, though ratings range from Strong Buy to Sell. Insiders sold 310,310 shares worth $141.2 million over the past 90 days.

Vestor Capital LLC lowered its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 99.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,321 shares of the semiconductor manufacturer's stock after selling 179,656 shares during the period. Vestor Capital LLC's holdings in Advanced Micro Devices were worth $269,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Advanced Micro Devices by 1.6% during the 4th 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 raised its position in shares of Advanced Micro Devices by 1.5% during the 4th quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer's stock worth $16,044,712,000 after acquiring an additional 1,094,835 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Advanced Micro Devices by 0.8% during the 4th 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 purchased a new stake in Advanced Micro Devices during the fourth quarter worth approximately $4,929,312,000. Finally, Price T Rowe Associates Inc. MD lifted its stake in Advanced Micro Devices by 0.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer's stock worth $4,352,864,000 after purchasing an additional 55,969 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Trading Down 1.9%

NASDAQ:AMD opened at $476.15 on Friday. The firm has a market cap of $776.41 billion, a P/E ratio of 156.12 and a beta of 2.47. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The stock's 50 day simple moving average is $515.42 and its 200-day simple moving average is $349.69. Advanced Micro Devices, Inc. has a 12-month low of $149.22 and a 12-month high of $584.73.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The business had revenue of $10.25 billion during the quarter, compared to analysts' expectations of $9.90 billion. During the same quarter in the prior year, the business earned $0.96 earnings per share. The company's quarterly revenue was up 37.8% compared to the same quarter last year. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.27 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on AMD. Zacks Research lowered shares of Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, June 3rd. Seaport Research Partners upgraded shares of Advanced Micro Devices from a "neutral" rating to a "buy" rating and set a $430.00 price objective for the company in a research report on Wednesday, May 6th. Barclays cut shares of Advanced Micro Devices from an "overweight" rating to an "underweight" rating in a report on Friday, June 12th. Melius Research set a $660.00 price target on shares of Advanced Micro Devices in a research note on Friday, July 24th. Finally, Susquehanna boosted their price target on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the company a "positive" rating in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $529.46.

Insider Buying and Selling

In other news, EVP Paul Darren Grasby sold 24,376 shares of the firm's stock in a transaction on Friday, May 8th. The shares were sold at an average price of $444.39, for a total value of $10,832,450.64. Following the completion of the sale, the executive vice president owned 105,222 shares in the company, valued at approximately $46,759,604.58. This trade represents a 18.81% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Nora Denzel sold 8,626 shares of Advanced Micro Devices stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the completion of the sale, the director directly owned 87,173 shares in the company, valued at approximately $45,504,306. The trade was a 9.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 310,310 shares of company stock worth $141,185,456 in the last ninety days. Insiders own 0.50% of the company's stock.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Amazon’s plan to increase AI and data-center spending to $220 billion reinforced expectations for sustained demand for AMD’s data-center CPUs and AI accelerators. AMD gave back much of its earlier advance as the session progressed. AMD Stock Gains as Amazon Expands AI Spending to $220 Billion
• Positive Sentiment: Reports that GPU prices could rise in August helped support AMD shares by suggesting firm demand and improved pricing power for graphics products. AMD Stock Jumps as Reports Point to a GPU Price Increase in August
• Positive Sentiment: AMD’s agreement to lease up to 2.5 gigawatts of capacity from Core Scientific could accelerate AI data-center deployment. Bernstein estimated the partnership could generate roughly $14 billion in revenue over 15 years. Core Scientific's AMD Deal Could Generate $14 Billion Over 15 Years
• Positive Sentiment: Susquehanna raised its AMD price target from $450 to $500 and kept a positive rating, citing improving server-CPU prospects. Wedbush has also pointed to a potential AI data-center ramp supported by Microsoft and Anthropic partnerships. Susquehanna Just Upped Its Price Target on AMD Stock
• Neutral Sentiment: AMD is scheduled to report fiscal second-quarter results after the market close on August 4. Traders are positioning for a sizable move, making revenue growth, Instinct accelerator demand, gross margins and forward guidance the key near-term catalysts. Here's How Much Traders See AMD Stock Moving After Earnings
• Negative Sentiment: Analysts and technical indicators warn that AMD’s valuation is demanding, with a triple-digit price-to-earnings ratio and intense competition from NVIDIA and other chipmakers. A strong earnings report may be required to justify current expectations. Should You Buy AMD Stock Ahead of Q2 Earnings?
• Negative Sentiment: The recent semiconductor selloff, concerns about an AI-trade unwind after SK hynix results, and profit-taking following AMD’s major 2026 rally continue to weigh on sentiment despite the sector rebound. Nvidia, Micron, AMD Sink After SK Hynix Results Fail to Impress

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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