Weaver Consulting Group Purchases Shares of 1,151 Advanced Micro Devices, Inc. $AMD

Key Points

• Weaver Consulting Group initiated a new position in AMD, buying 1,151 shares valued at about $246,000 in the fourth quarter.
• Institutional ownership in AMD remains high, with 71.34% of shares held by hedge funds and other institutional investors; several other firms also recently increased their stakes.
• Analysts remain mostly constructive on AMD after recent upgrades and higher price targets, with a consensus rating of “Moderate Buy” and an average price target of $410.

Weaver Consulting Group purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,151 shares of the semiconductor manufacturer's stock, valued at approximately $246,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMD. Joseph Group Capital Management purchased a new position in shares of Advanced Micro Devices in the fourth quarter worth about $25,000. Koesten Hirschmann & Crabtree INC. raised its stake in shares of Advanced Micro Devices by 61.0% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock worth $26,000 after purchasing an additional 61 shares during the last quarter. Aviso Financial Inc. raised its stake in shares of Advanced Micro Devices by 400.0% in the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer's stock worth $32,000 after purchasing an additional 160 shares during the last quarter. Delos Wealth Advisors LLC raised its stake in shares of Advanced Micro Devices by 100.0% in the third quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer's stock worth $32,000 after purchasing an additional 100 shares during the last quarter. Finally, LFA Lugano Financial Advisors SA raised its stake in shares of Advanced Micro Devices by 74.1% in the third quarter. LFA Lugano Financial Advisors SA now owns 235 shares of the semiconductor manufacturer's stock worth $38,000 after purchasing an additional 100 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Royal Bank Of Canada raised their price objective on Advanced Micro Devices from $325.00 to $400.00 and gave the stock a "sector perform" rating in a research note on Wednesday, May 6th. The Goldman Sachs Group upgraded Advanced Micro Devices from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $240.00 to $450.00 in a research note on Wednesday, May 6th. KeyCorp raised their price objective on Advanced Micro Devices from $330.00 to $530.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 6th. HSBC cut Advanced Micro Devices from a "buy" rating to a "hold" rating and raised their price objective for the stock from $335.00 to $340.00 in a research note on Monday, May 4th. Finally, Piper Sandler restated an "overweight" rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and twelve have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $410.00.

Insider Buying and Selling

In related news, EVP Paul Darren Grasby sold 24,376 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, May 8th. The stock was 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 in the company, valued at approximately $46,759,604.58. This trade represents a 18.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mark D. Papermaster sold 31,320 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $350.00, for a total value of $10,962,000.00. Following the transaction, the executive vice president owned 1,236,037 shares of the company's stock, valued at approximately $432,612,950. This represents a 2.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 329,085 shares of company stock valued at $114,051,007 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: Multiple recent articles argue AMD still has upside after its strong post-earnings run, citing continued demand for EPYC CPUs, Instinct GPUs, and the company’s growing role in AI infrastructure. Article Title
• Positive Sentiment: AMD was highlighted as a potential leader in the AI buildout, with commentary saying the stock’s bullish setup may still have room to run despite already sharp gains. Article Title
• Positive Sentiment: AMD’s AI ecosystem received another boost after Rocket One joined the AMD AI Developer Program, reinforcing the company’s effort to attract developers and expand its AI platform reach. Article Title
• Positive Sentiment: Several analysts and commentary pieces were upbeat on AMD’s long-term market opportunity, with price-target increases and upgrades suggesting Wall Street sees room for further earnings growth. Article Title
• Neutral Sentiment: Cathie Wood’s ARK funds trimmed AMD holdings and redirected capital into Cerebras, which may have prompted some investors to question near-term enthusiasm, but it is more a portfolio rotation signal than a clear AMD-specific business setback. Article Title
• Neutral Sentiment: Coverage of Lisa Su’s lower-profile China visit compared with Nvidia’s Jensen Huang is mostly color commentary and does not materially change AMD’s fundamentals, though it underscores the competitive backdrop in AI chips. Article Title
• Negative Sentiment: Recent headlines note that AMD is trading near all-time highs, leaving less room for disappointment and raising the risk of pullbacks if AI demand or execution slows. Article Title

Advanced Micro Devices Stock Up 4.6%

Shares of AMD stock opened at $518.09 on Friday. The stock has a 50 day moving average of $321.45 and a 200 day moving average of $253.87. 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 has a market cap of $844.80 billion, a P/E ratio of 169.87, a P/E/G ratio of 1.46 and a beta of 2.40. Advanced Micro Devices, Inc. has a twelve month low of $108.62 and a twelve month high of $527.20.

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

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