WBI Investments LLC Acquires Shares of 2,592 Advanced Micro Devices, Inc. $AMD

Key Points

• WBI Investments bought a new stake of 2,592 shares in Advanced Micro Devices (≈$419,000); institutional investors now hold 71.34% of the stock with large positions and recent increases from Vanguard, State Street, Norges Bank, Amundi and Invesco.
• AMD beat quarterly expectations with EPS of $1.53 vs. $1.32 and revenue of $10.27B (up 34.1%), and the consensus analyst view is a Moderate Buy with an average target price of $290.53.
• Strategic moves — including a Samsung MoU for HBM4 memory and potential foundry cooperation, a Helios AI platform partnership with Celestica, and Ryzen AI product momentum — bolster AMD’s AI/data‑center positioning, but competition and notable insider selling (CEO Lisa Su sold 85,000 shares; insiders sold ~$50M last quarter) are risks.

WBI Investments LLC bought a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,592 shares of the semiconductor manufacturer's stock, valued at approximately $419,000.

A number of other hedge funds also recently made changes to their positions in AMD. Vanguard Group Inc. increased its holdings in Advanced Micro Devices by 0.9% during the third quarter. Vanguard Group Inc. now owns 155,997,751 shares of the semiconductor manufacturer's stock worth $25,238,876,000 after buying an additional 1,348,892 shares during the last quarter. State Street Corp boosted its stake in Advanced Micro Devices by 2.4% in the third quarter. State Street Corp now owns 73,824,441 shares of the semiconductor manufacturer's stock valued at $11,944,056,000 after acquiring an additional 1,755,182 shares during the last quarter. Norges Bank bought a new position in shares of Advanced Micro Devices during the 2nd quarter valued at approximately $3,094,662,000. Amundi raised its holdings in shares of Advanced Micro Devices by 17.5% in the 3rd quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer's stock worth $2,181,937,000 after purchasing an additional 2,012,865 shares during the period. Finally, Invesco Ltd. lifted its stake in Advanced Micro Devices by 6.5% in the third quarter. Invesco Ltd. now owns 13,348,413 shares of the semiconductor manufacturer's stock valued at $2,159,640,000 after purchasing an additional 813,844 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on AMD shares. Wedbush reissued an "outperform" rating and set a $290.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Roth Mkm reaffirmed a "buy" rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Advanced Micro Devices in a research note on Monday, February 2nd. Citigroup reissued a "neutral" rating on shares of Advanced Micro Devices in a report on Thursday, January 15th. Finally, DA Davidson upgraded Advanced Micro Devices to a "hold" rating in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, Advanced Micro Devices has an average rating of "Moderate Buy" and an average target price of $290.53.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $199.46 on Thursday. The stock has a market cap of $325.20 billion, a P/E ratio of 75.27, a P/E/G ratio of 0.74 and a beta of 1.98. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. The company has a 50 day moving average of $215.10 and a 200 day moving average of $210.79. 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 (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 return on equity of 8.84% and a net margin of 12.52%.The firm 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 company earned $1.09 EPS. The company's revenue was up 34.1% on a year-over-year basis. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Key Advanced Micro Devices News

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

• Positive Sentiment: Samsung MOU expands AMD's AI supply chain — Samsung and AMD signed a memorandum of understanding to supply next‑generation HBM4 memory for AMD’s Instinct MI455X accelerators and discuss DDR5 for EPYC CPUs and a potential foundry partnership, reducing a key AI‑memory bottleneck and improving AMD’s supply flexibility. Samsung Elec and AMD sign MoU on AI memory, explore foundry partnership
• Positive Sentiment: New AI platform partnership (Helios) with Celestica — AMD and Celestica unveiled an open‑standard, rack‑scale “Helios” AI platform for hyperscale deployments, which reinforces AMD’s strategy to win hyperscaler design wins and broadens its ecosystem for data‑center AI infrastructure. Advanced Micro Devices Inc. (AMD) and Celestica Bring Open-Standard ‘Helios’ AI Platform to Market
• Positive Sentiment: Product momentum: Ryzen AI refresh and PC chip lineup expansion — AMD broadened its Ryzen AI 400 Series for desktop and commercial PCs and reports of a Ryzen CPU refresh leaked recently, supporting near‑term demand and positive sentiment around AMD’s silicon roadmap. How AMD Expanded Its Ryzen AI PC Push With New Desktop and Commercial Chips AMD Stock Jumps on a Ryzen CPU Refresh Leak
• Neutral Sentiment: Market context: AMD outperforming broader decline — Coverage notes AMD rose while broader markets fell, reflecting the market’s focus on AI exposure; this is sentiment‑driven and may persist while headlines flow. Advanced Micro Devices (AMD) Advances While Market Declines
• Neutral Sentiment: Analyst and narrative coverage mixed — Some bullish reads from conference commentary (Nvidia GTC coverage positioning AMD as an alternative) coexist with cautious analyst stance (RBC reaffirmed sector‑perform), so analyst moves may not be a clear near‑term catalyst. The Nvidia GTC Has Been Very Bullish For AMD Royal Bank Of Canada Reaffirms "Sector Perform" Rating for AMD
• Negative Sentiment: Competitive and supply‑chain headwinds remain — Nvidia’s resumption of H200 production for China and continued full‑stack efforts highlight tough competition in AI accelerators; AMD’s gains depend on execution, supply, and whether hyperscalers adopt its alternatives at scale. Nvidia Restarts H200 Production for China After Securing Multiple Licenses

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 85,000 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $198.77, for a total value of $16,895,450.00. Following the transaction, the chief executive officer owned 3,146,006 shares of the company's stock, valued at approximately $625,331,612.62. This represents a 2.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ava Hahn sold 2,442 shares of the company's stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $234.42, for a total transaction of $572,453.64. Following the completion of the transaction, the senior vice president owned 16,359 shares of the company's stock, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 239,392 shares of company stock worth $50,016,383. Corporate insiders own 0.06% of the company's stock.

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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