Flagship Harbor Advisors LLC decreased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 15.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,563 shares of the semiconductor manufacturer’s stock after selling 2,605 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Advanced Micro Devices were worth $3,119,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Portside Wealth Group LLC boosted its position in shares of Advanced Micro Devices by 11.6% during the 4th quarter. Portside Wealth Group LLC now owns 2,772 shares of the semiconductor manufacturer’s stock valued at $594,000 after acquiring an additional 289 shares during the last quarter. Sound Income Strategies LLC boosted its position in shares of Advanced Micro Devices by 36.8% during the 4th quarter. Sound Income Strategies LLC now owns 2,537 shares of the semiconductor manufacturer’s stock valued at $588,000 after acquiring an additional 683 shares during the last quarter. Peddock Capital Advisors LLC acquired a new position in shares of Advanced Micro Devices during the 4th quarter valued at about $238,000. Rathbones Group PLC raised its holdings in Advanced Micro Devices by 104.6% in the 4th quarter. Rathbones Group PLC now owns 20,321 shares of the semiconductor manufacturer’s stock valued at $4,352,000 after buying an additional 10,390 shares during the period. Finally, OLIO Financial Planning acquired a new position in Advanced Micro Devices in the fourth quarter valued at about $239,000. Institutional investors and hedge funds own 71.34% of the company’s stock.
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 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 in the company, valued at $62,679,337.38. This represents a 6.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Paul Darren Grasby sold 7,500 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the sale, the executive vice president owned 129,598 shares in the company, valued at $26,550,742.26. This trade represents a 5.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 239,392 shares of company stock valued at $50,016,383 over the last three months. 0.06% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
Read Our Latest Report on Advanced Micro Devices
Advanced Micro Devices Stock Up 1.2%
Shares of NASDAQ:AMD opened at $220.18 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01. The firm has a market capitalization of $358.97 billion, a PE ratio of 83.09, a price-to-earnings-growth ratio of 0.82 and a beta of 1.96. The firm’s 50-day moving average is $209.24 and its two-hundred day moving average is $215.70. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $267.08.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter was up 34.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.09 earnings per share. Analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.
More Advanced Micro Devices News
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Surge in AI/server demand — Reports say “agentic AI” and unexpectedly strong server CPU demand have bumped chip orders and helped AMD gain share versus peers, a clear fundamental driver for revenue and pricing power. Read More.
- Positive Sentiment: Citi puts AMD on a 30‑day positive catalyst watch — Citi flagged AMD as a near‑term opportunity tied to AI CPU demand and pricing trends, which tends to spur short‑term buying by funds watching catalyst lists. Read More.
- Positive Sentiment: Broader industry tailwinds — Coverage noting strong server CPU demand lifted both Intel and AMD shares today, suggesting sector momentum (data center spend) is helping AMD’s stock. Read More.
- Positive Sentiment: Broker upgrades and buy‑lists — Erste Group’s upgrade and inclusion in AI growth/buy lists (The Motley Fool, investment writeups) reinforce the narrative that AMD is a leader in chips for AI workloads. Read More.
- Neutral Sentiment: Technical consolidation/recovery — Coverage notes AMD is trying to recover after a large pullback and trading above a key technical level; useful for traders but uncertain for fundamentals. Read More.
- Neutral Sentiment: Long‑term buy theses remain despite macro risks — Contrarian pieces highlight AMD as a long‑term AI/semiconductor growth pick amid market pessimism; helpful for longer‑horizon investors but less relevant to near‑term moves. Read More.
- Negative Sentiment: Price‑target cut from Citigroup — Citi trimmed AMD’s target from $260 to $248 and assigned a “neutral” rating, which can cap upside and gives investors a more cautious near‑term outlook despite the catalyst watch. Read More.
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.
Further Reading
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