Advanced Micro Devices, Inc. $AMD Stock Position Cut by Amova Asset Management Americas Inc.

Amova Asset Management Americas Inc. trimmed its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,807,586 shares of the semiconductor manufacturer’s stock after selling 39,068 shares during the quarter. Advanced Micro Devices comprises about 2.8% of Amova Asset Management Americas Inc.’s investment portfolio, making the stock its 8th largest holding. Amova Asset Management Americas Inc. owned approximately 0.11% of Advanced Micro Devices worth $292,377,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Koesten Hirschmann & Crabtree INC. grew its holdings in 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. ORG Wealth Partners LLC boosted its position in shares of Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 46 shares in the last quarter. Pinney & Scofield Inc. grew its stake in Advanced Micro Devices by 81.0% during the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 85 shares during the last quarter. Aviso Financial Inc. increased its position in Advanced Micro Devices by 400.0% during 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 in the last quarter. Finally, Signature Resources Capital Management LLC raised its stake in Advanced Micro Devices by 170.4% in the third quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer’s stock valued at $35,000 after buying an additional 138 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on AMD shares. JPMorgan Chase & Co. upped their price objective on shares of Advanced Micro Devices from $180.00 to $270.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Evercore reissued an “outperform” rating and set a $358.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Mizuho raised their price target on shares of Advanced Micro Devices from $275.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. Royal Bank Of Canada reissued a “sector perform” rating and set a $230.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus target price of $290.53.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Large strategic AI deal with Meta (multi‑year Instinct GPU deployment) strengthens AMD’s server GPU backlog and long‑term revenue visibility. Read More.
• Positive Sentiment: Wall Street keeps backing the story — Piper Sandler and Jefferies reiterated bullish stances after the Meta deal (Piper Sandler has a $300 target), supporting investor confidence and lifting sentiment. Read More.
• Positive Sentiment: Product momentum: AMD unveiled Copilot+ desktop chips and expanded Ryzen AI 400 series for AI PCs, which supports long‑term TAM expansion into AI PCs and edge AI. Read More.
• Positive Sentiment: Commercial deployments: Akash/MiTAC announced diamond‑cooled servers using AMD Instinct MI350X GPUs — an early sign of OEM and data‑center adoption for AMD GPUs. Read More.
• Positive Sentiment: R&D and ecosystem wins — AMD and the University of Toronto launched a major AI & computing lab, boosting research collaboration and regional ecosystem presence. Read More.
• Neutral Sentiment: Sector tailwinds: broader chip rebound and commentary that “CPUs are back en vogue” for data centers help sentiment for AMD but benefit multiple vendors. Read More.
• Neutral Sentiment: AI supply‑chain and peers: Micron’s strong AI demand and funding headlines (e.g., Ayar Labs) reinforce the AI buildout narrative but are indirect for AMD. Read More. Read More.
• Negative Sentiment: Insider selling remains notable — public datasets show multiple executive sales in recent months, which can concern near‑term sentiment even if strategic. Read More.
• Negative Sentiment: Technical/short‑term pressure: analysts and technical writeups highlight ongoing volatility and selling pressure after the recent pullback; traders may take profits into weakness. Read More.
• Negative Sentiment: Macro/geopolitical risk briefly weighed on the stock earlier (oil/pricing and risk‑off moves drove intraday weakness), reminding investors that external shocks can reverse momentum. Read More.

Advanced Micro Devices Stock Up 5.8%

Advanced Micro Devices stock opened at $202.07 on Thursday. The business’s 50-day moving average price is $218.53 and its 200 day moving average price is $208.57. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. The firm has a market cap of $329.46 billion, a price-to-earnings ratio of 76.25, a price-to-earnings-growth ratio of 0.72 and a beta of 1.98. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data 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 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 business’s quarterly revenue was up 34.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.09 EPS. As a group, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Activity at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the sale, the executive vice president directly owned 289,098 shares of the company’s stock, valued at $62,679,337.38. This represents a 6.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Ava Hahn sold 2,442 shares of Advanced Micro Devices stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $234.42, for a total value of $572,453.64. Following the completion of the transaction, the senior vice president owned 16,359 shares of the company’s stock, valued at approximately $3,834,876.78. This represents a 12.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 271,892 shares of company stock worth $58,476,908. 0.06% of the stock is owned by company insiders.

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.