Wealthfront Advisers LLC Boosts Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Wealthfront Advisers LLC increased its stake in Advanced Micro Devices by 8.0% in Q4, buying 21,866 shares to hold 295,098 shares worth about $63.2 million at quarter-end.
• Significant insider selling: EVP Mark Papermaster sold 27,109 shares (~$7.45M) and insiders have sold 273,352 shares totaling roughly $59.17M in the past 90 days, leaving insiders with about 0.50% ownership.
• Market and analyst backdrop: Analysts rate AMD a "Moderate Buy" with a $295.46 consensus target, but the stock opened at $334.51 (down 3.8%), carries a high P/E (~126), and faces near-term earnings and AI‑related sentiment as key catalysts.

Wealthfront Advisers LLC increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 8.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 295,098 shares of the semiconductor manufacturer's stock after purchasing an additional 21,866 shares during the quarter. Wealthfront Advisers LLC's holdings in Advanced Micro Devices were worth $63,198,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC lifted its stake in Advanced Micro Devices by 2.4% in the third quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer's stock valued at $282,000 after buying an additional 40 shares during the last quarter. James J. Burns & Company LLC lifted its stake in Advanced Micro Devices by 2.3% in the fourth quarter. James J. Burns & Company LLC now owns 1,816 shares of the semiconductor manufacturer's stock valued at $389,000 after buying an additional 40 shares during the last quarter. HBK Sorce Advisory LLC lifted its stake in Advanced Micro Devices by 0.3% in the third quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer's stock valued at $2,169,000 after buying an additional 43 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its stake in Advanced Micro Devices by 0.5% in the third quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer's stock valued at $1,409,000 after buying an additional 43 shares during the last quarter. Finally, Moseley Investment Management Inc. lifted its stake in Advanced Micro Devices by 0.5% in the third quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer's stock valued at $1,437,000 after buying an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Analysts and bulls point to expanding long-term opportunity from inference and agentic AI, arguing AMD's data‑center roadmap gives it more runway in AI servers. AMD: Inference And Agentic AI Are Expanding Its Runway
• Positive Sentiment: Some analysts and investors are still bullish after the recent rally — a TipRanks piece highlights a bullish call to "load up" on AMD based on AI buildout momentum. Increased conviction and retail/analyst interest can support further upside. ‘Time to Load Up,’ Says Analyst as AMD Stock Wins Support on AI Buildout
• Positive Sentiment: High-profile endorsements and analyst commentary (Jim Cramer, other bullish writeups) are keeping investor interest elevated, helping liquidity and momentum into earnings season. Jim Cramer Shares Why You Should Buy Advanced Micro Devices (AMD)
• Neutral Sentiment: Upcoming catalysts: investors are focused on AMD's next earnings/reporting cadence (May 5 referenced in coverage) — this is a binary near‑term event that could validate the rally or trigger a pullback. AMD Is Surging Into Earnings. Is This Your Last Chance to Buy Before May 5?
• Neutral Sentiment: Options and technical flows: elevated options activity and trading strategies are adding volume and can amplify moves in either direction; these are liquidity/volatility drivers rather than fundamental changes. As Chip Stocks Soar, This Options Spread Trade On AMD Almost Always Makes A Profit
• Negative Sentiment: OpenAI growth disappointment is triggering a sectorwide pullback — reports say OpenAI fell short of revenue/user growth expectations, stoking concern that enterprise AI spending may slow and hitting AI‑infrastructure suppliers including AMD. OpenAI Falls Short of Growth Goals, Triggering Selloff in AI Infrastructure Stocks
• Negative Sentiment: Coverage and market‑sentiment shifts: Barron's and others note broader AI/semiconductor volatility tied to questions around OpenAI spending sustainability and rotation after Nvidia’s big moves — these macro/peer signals are pressuring AMD. Nvidia Stock Falls. What's Hitting AMD, Broadcom and the AI Chip Players.
• Negative Sentiment: Analyst downgrades and profit taking: Northland cut AMD to Market Perform with a $260 target and other firms (and ARK's surprise sales) have reduced exposure, prompting selling after a rapid multi‑week rally. Northland Downgrades AMD to Market Perform: Is the Chip Rally Running on Fumes?
• Negative Sentiment: Cathie Wood/ARK rebalancing: reports that ARK trimmed AMD amplify near‑term selling momentum from large active funds reallocating after big gains. Cathie Wood's ARK Offloads Red-Hot AMD Stock—and Buys Amazon in Strategy Shift

Insider Buying and Selling

In other news, EVP Mark D. Papermaster sold 27,109 shares of the business's stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $275.00, for a total value of $7,454,975.00. Following the transaction, the executive vice president owned 1,267,357 shares of the company's stock, valued at approximately $348,523,175. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 7,500 shares of the business's stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total value of $1,536,525.00. Following the completion of the transaction, the executive vice president directly owned 129,598 shares in the company, valued at approximately $26,550,742.26. The trade was a 5.47% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 273,352 shares of company stock worth $59,173,070. 0.50% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on AMD shares. Rosenblatt Securities reiterated a "buy" rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Benchmark reiterated a "buy" rating and issued a $325.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Morgan Stanley reduced their price objective on Advanced Micro Devices from $260.00 to $255.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 4th. DA Davidson upgraded Advanced Micro Devices from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $220.00 to $375.00 in a research note on Friday. Finally, Piper Sandler reiterated an "overweight" rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $295.46.

Advanced Micro Devices Trading Down 3.8%

NASDAQ:AMD opened at $334.51 on Tuesday. The firm has a market cap of $545.36 billion, a P/E ratio of 126.23, a PEG ratio of 1.26 and a beta of 1.96. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The stock's 50 day simple moving average is $224.34 and its 200-day simple moving average is $225.82. Advanced Micro Devices, Inc. has a 12-month low of $91.87 and a 12-month high of $352.99.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.32 by $0.21. The business had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company's revenue for the quarter was up 34.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.09 earnings per share. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 5.78 EPS for the current year.

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.