Advanced Micro Devices (NASDAQ:AMD) Given “Market Perform” Rating at Northland Securities

Northland Securities reissued their market perform rating on shares of Advanced Micro Devices (NASDAQ:AMD) in a report issued on Monday morning, Marketbeat Ratings reports. They currently have a $260.00 target price on the semiconductor manufacturer’s stock.

Several other research firms also recently weighed in on AMD. Morgan Stanley dropped their target price on shares of Advanced Micro Devices from $260.00 to $255.00 and set an “equal weight” rating for the company in a report on Wednesday, February 4th. Mizuho lifted their target price on shares of Advanced Micro Devices from $275.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Micro Devices in a report on Monday, December 29th. Benchmark reiterated a “buy” rating and issued a $325.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Finally, Evercore reiterated an “outperform” rating and issued a $358.00 target price on shares of Advanced Micro Devices in a report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $295.46.

Advanced Micro Devices Stock Down 3.8%

AMD stock opened at $334.51 on Monday. The firm has a market cap of $545.36 billion, a PE ratio of 126.23, a PEG ratio of 1.26 and a beta of 1.96. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. The firm’s 50 day moving average price is $224.34 and its 200-day moving average price is $225.82. Advanced Micro Devices has a one year low of $91.87 and a one year high of $352.99.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, beating the consensus estimate of $1.32 by $0.21. The firm 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 for the quarter was up 34.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.09 EPS. On average, equities research analysts anticipate that Advanced Micro Devices will post 5.78 EPS for the current year.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total value of $4,216,954.50. Following the completion of the transaction, the executive vice president owned 289,098 shares in the company, valued at $62,679,337.38. The trade was a 6.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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 completion of the transaction, the executive vice president owned 1,267,357 shares of the company’s stock, valued at approximately $348,523,175. This trade represents a 2.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 273,352 shares of company stock worth $59,173,070. 0.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Advanced Micro Devices

Several institutional investors have recently modified their holdings of the business. Impax Asset Management Group plc lifted its position in shares of Advanced Micro Devices by 326.5% during the 3rd quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer’s stock worth $8,424,000 after purchasing an additional 39,861 shares during the last quarter. Zweig DiMenna Associates LLC lifted its position in shares of Advanced Micro Devices by 127.6% during the 3rd quarter. Zweig DiMenna Associates LLC now owns 72,602 shares of the semiconductor manufacturer’s stock worth $11,746,000 after purchasing an additional 40,708 shares during the last quarter. Wedbush Securities Inc. lifted its position in shares of Advanced Micro Devices by 7.8% during the 3rd quarter. Wedbush Securities Inc. now owns 84,256 shares of the semiconductor manufacturer’s stock worth $13,632,000 after purchasing an additional 6,095 shares during the last quarter. Highline Wealth Partners LLC lifted its position in shares of Advanced Micro Devices by 4,891.6% during the 4th quarter. Highline Wealth Partners LLC now owns 8,286 shares of the semiconductor manufacturer’s stock worth $1,775,000 after purchasing an additional 8,120 shares during the last quarter. Finally, William Blair Investment Management LLC lifted its position in shares of Advanced Micro Devices by 72.5% during the 3rd quarter. William Blair Investment Management LLC now owns 1,047,200 shares of the semiconductor manufacturer’s stock worth $169,426,000 after purchasing an additional 440,296 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices News Roundup

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.

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.