World Investment Advisors Sells 1,431 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• World Investment Advisors cut its AMD stake by 2.2% in the first quarter, selling 1,431 shares and ending the period with 64,549 shares worth about $13.1 million.
• AMD reported better-than-expected Q1 results, with EPS of $1.37 and revenue of $10.25 billion, while revenue rose 37.8% year over year.
• Despite recent insider selling and a high valuation, analysts remain mostly positive on AMD, with a consensus rating of “Moderate Buy” and a price target of $448.78.

World Investment Advisors trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 2.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 64,549 shares of the semiconductor manufacturer's stock after selling 1,431 shares during the period. World Investment Advisors' holdings in Advanced Micro Devices were worth $13,131,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Boyd Watterson Asset Management LLC OH raised its position in Advanced Micro Devices by 4.7% during the first quarter. Boyd Watterson Asset Management LLC OH now owns 10,555 shares of the semiconductor manufacturer's stock worth $2,147,000 after acquiring an additional 471 shares in the last quarter. Turtle Creek Wealth Advisors LLC lifted its stake in Advanced Micro Devices by 20.8% in the 1st quarter. Turtle Creek Wealth Advisors LLC now owns 11,158 shares of the semiconductor manufacturer's stock valued at $2,270,000 after purchasing an additional 1,922 shares during the last quarter. New York State Teachers Retirement System increased its position in Advanced Micro Devices by 0.6% during the first quarter. New York State Teachers Retirement System now owns 1,299,711 shares of the semiconductor manufacturer's stock worth $264,400,000 after buying an additional 7,357 shares during the last quarter. Optas LLC lifted its position in shares of Advanced Micro Devices by 8.0% in the first quarter. Optas LLC now owns 8,061 shares of the semiconductor manufacturer's stock valued at $1,640,000 after buying an additional 598 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its position in shares of Advanced Micro Devices by 425.8% in the first quarter. Y Intercept Hong Kong Ltd now owns 84,712 shares of the semiconductor manufacturer's stock valued at $17,233,000 after buying an additional 68,601 shares during the last quarter. Institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Price Performance

AMD stock opened at $517.82 on Friday. Advanced Micro Devices, Inc. has a fifty-two week low of $133.50 and a fifty-two week high of $584.73. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96. The stock has a market capitalization of $844.36 billion, a price-to-earnings ratio of 169.78, a PEG ratio of 1.53 and a beta of 2.47. The business's fifty day moving average price is $470.75 and its two-hundred day moving average price is $307.30.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.08. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company had revenue of $10.25 billion during the quarter, compared to analysts' expectations of $9.90 billion. During the same quarter in the previous year, the business posted $0.96 earnings per share. Advanced Micro Devices's quarterly revenue was up 37.8% on a year-over-year basis. On average, equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.15 earnings per share for the current year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 31,320 shares of Advanced Micro Devices stock in a transaction on Friday, April 24th. The stock was sold at an average price of $350.00, for a total value of $10,962,000.00. Following the completion of the transaction, the executive vice president directly owned 1,236,037 shares of the company's stock, valued at $432,612,950. The trade was a 2.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 24,376 shares of the firm's stock in a transaction on Friday, May 8th. The stock was sold at an average price of $444.39, for a total value of $10,832,450.64. Following the completion of the transaction, the executive vice president owned 105,222 shares in the company, valued at $46,759,604.58. The trade was a 18.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 378,032 shares of company stock worth $161,876,596. Corporate insiders own 0.50% of the company's stock.

Analyst Ratings Changes

AMD has been the topic of a number of recent analyst reports. BTIG Research raised Advanced Micro Devices to a "buy" rating in a report on Wednesday, May 6th. HSBC downgraded Advanced Micro Devices from a "buy" rating to a "hold" rating and raised their price target for the company from $335.00 to $340.00 in a report on Monday, May 4th. Melius Research set a $540.00 price objective on shares of Advanced Micro Devices in a research report on Monday, May 18th. Erste Group Bank upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Thursday, April 2nd. Finally, TD Cowen increased their price objective on shares of Advanced Micro Devices from $500.00 to $600.00 and gave the company a "buy" rating in a research report on Monday, June 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $448.78.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Several recent reports remain bullish on AMD’s long-term setup, citing strong data center momentum, continued AI infrastructure demand, and new product launches such as Versal Premium Gen 2 for AI, networking, and aerospace workloads. Analysts including Wells Fargo, UBS, and Cantor have also raised price targets, signaling that some on Wall Street still see meaningful upside. Article Title
• Positive Sentiment: Investor sentiment is being helped by commentary that AMD’s AI and server CPU business remains a key beneficiary of the semiconductor buildout, and some market observers continue to view recent weakness as a buying opportunity rather than a trend change. Article Title
• Neutral Sentiment: At the same time, analysts are warning that the broader AI trade is becoming more selective: Invesco’s Fiona Lim said the “lifted all boats” phase is ending, and future winners will likely be decided by profitability as capacity catches up. That suggests AMD may need to keep executing to justify its premium valuation. Article Title
• Neutral Sentiment: Market commentary also points to AMD’s stretched valuation, with one piece highlighting a forward P/E around 54x. While data center growth is strong, concerns over competition, gaming कमजोरी, and margin pressure are keeping near-term enthusiasm in check. Article Title
• Negative Sentiment: Recent trading has also been pressured by the broader semiconductor pullback and AI-spending fears, including reports of a sharp selloff after Meta-related compute news. That has raised questions about how durable current AI capex trends really are and whether AMD can hold support after its recent run-up. Article Title

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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