Arlington Trust Co LLC trimmed its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 93.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 691 shares of the semiconductor manufacturer’s stock after selling 10,556 shares during the quarter. Arlington Trust Co LLC’s holdings in Advanced Micro Devices were worth $148,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the business. ORG Wealth Partners LLC grew its position in Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 46 shares during the last quarter. Koesten Hirschmann & Crabtree INC. grew its position in Advanced Micro Devices by 61.0% in the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 61 shares during the last quarter. Aviso Financial Inc. grew its position in Advanced Micro Devices by 400.0% in the 3rd quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after buying an additional 160 shares during the last quarter. Delos Wealth Advisors LLC grew its position in Advanced Micro Devices by 100.0% in the 3rd quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after buying an additional 100 shares during the last quarter. Finally, LFA Lugano Financial Advisors SA grew its position in Advanced Micro Devices by 74.1% in the 3rd quarter. LFA Lugano Financial Advisors SA now owns 235 shares of the semiconductor manufacturer’s stock valued at $38,000 after buying an additional 100 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Advanced Micro Devices
In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 7,500 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mark D. Papermaster sold 27,109 shares of the business’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $275.00, for a total transaction of $7,454,975.00. Following the sale, the executive vice president owned 1,267,357 shares in the company, valued at $348,523,175. The trade was a 2.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 273,352 shares of company stock valued at $59,173,070 over the last 90 days. Company insiders own 0.50% of the company’s stock.
Advanced Micro Devices Price Performance
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping the consensus estimate of $1.32 by $0.21. The company had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The business’s revenue was up 34.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.09 EPS. Analysts forecast that Advanced Micro Devices, Inc. will post 5.78 EPS for the current fiscal year.
Trending Headlines about Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Bright demand backdrop — AMD benefits from ongoing AI and data‑center spending, and recent earnings/revenue beats underpin the bull case. Advanced Micro (AMD) Soars 13.9%: Is Further Upside Left in the Stock?
- Positive Sentiment: Supply‑chain tailwinds: a key AMD supplier (Sanmina) reported an earnings beat tied to AI hardware demand, signaling continued OEM appetite. AMD Supplier Up 40% This Month Soars On Earnings Beat
- Positive Sentiment: Longer‑term bull narratives remain: pieces arguing AMD can outpace peers on CPUs and benefit from a potential CPU shortage add conviction for investors focused on market share gains. Forget Nvidia: Sudden CPU Shortage Can Make AMD Explode Higher
- Neutral Sentiment: Options strategies: market commentary highlights an options spread on AMD that historically profits in this volatility — useful for traders but not a direct stock catalyst. As Chip Stocks Soar, This Options Spread Trade On AMD Almost Always Makes A Profit
- Neutral Sentiment: Small commercial wins: HostColor announced AMD‑based dedicated servers in Hong Kong — a positive but limited commercial signpost. HostColor Announced 10 Gbps AMD Dedicated Servers in Hong Kong Data Centers
- Negative Sentiment: Analyst downgrades and cautious price targets pressured the tape — Northland cut to Market Perform with a $260 target and Citi kept a Hold/neutral stance at $248, increasing perceived downside. Northland Downgrades AMD to Market Perform: Is the Chip Rally Running on Fumes?
- Negative Sentiment: Major fund selling: Cathie Wood’s ARK Funds unexpectedly sold significant AMD shares, triggering intraday weakness and signaling some institutional profit‑taking. AMD Stock Slips After Cathie Wood’s ARK Dumps Millions in Shares
- Negative Sentiment: Sector pullback/risk off: the semiconductor ETF ended a long winning streak and worries about stretched valuations and geopolitical risk weighed on chip names broadly. Semiconductor Stocks End 18-Day Winning Streak. It’s Time to Sell.
Analysts Set New Price Targets
AMD has been the topic of a number of analyst reports. China Renaissance initiated coverage on shares of Advanced Micro Devices in a research report on Tuesday, January 13th. They issued a “buy” rating and a $291.00 price objective on the stock. TD Cowen reiterated a “buy” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Stifel Nicolaus lifted their price objective on shares of Advanced Micro Devices from $280.00 to $320.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Advanced Micro Devices in a research report on Monday, February 2nd. Finally, Evercore reiterated an “outperform” rating and issued a $358.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $295.46.
View Our Latest Stock Report on AMD
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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