Caliber Wealth Management LLC KS Reduces Position in Advanced Micro Devices, Inc. $AMD

Caliber Wealth Management LLC KS trimmed its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 27.3% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 9,840 shares of the semiconductor manufacturer’s stock after selling 3,698 shares during the quarter. Caliber Wealth Management LLC KS’s holdings in Advanced Micro Devices were worth $2,002,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of AMD. Vanguard Group Inc. grew its stake in shares of Advanced Micro Devices by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock worth $33,949,256,000 after acquiring an additional 2,525,109 shares during the period. State Street Corp lifted its position in Advanced Micro Devices by 1.5% during the fourth quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer’s stock valued at $16,044,712,000 after purchasing an additional 1,094,835 shares during the period. Geode Capital Management LLC boosted its holdings in Advanced Micro Devices by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock worth $8,015,897,000 after purchasing an additional 287,525 shares during the last quarter. Norges Bank purchased a new stake in Advanced Micro Devices in the fourth quarter worth approximately $4,929,312,000. Finally, Price T Rowe Associates Inc. MD grew its position in Advanced Micro Devices by 0.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer’s stock worth $4,352,864,000 after purchasing an additional 55,969 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Paul Darren Grasby sold 24,376 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $444.39, for a total transaction of $10,832,450.64. Following the sale, the executive vice president owned 105,222 shares of the company’s stock, valued at approximately $46,759,604.58. This trade represents a 18.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Forrest Eugene Norrod sold 19,487 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total value of $8,406,691.80. Following the sale, the executive vice president directly owned 324,527 shares in the company, valued at $140,000,947.80. This trade represents a 5.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 378,032 shares of company stock valued at $161,876,596. Insiders own 0.50% of the company’s stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD is benefiting from renewed enthusiasm for AI chips, with market commentary noting that the recent selloff in microchips may have been overdone and that AI demand still appears undersupplied. The broader tech rebound also supported the stock. AMD, INTC and NVDA Forecasts – Microchips Looking to Recover on Monday
• Positive Sentiment: UBS raised its price target on AMD to $670 from $455 while keeping a Buy rating, reinforcing bullish expectations for further upside. UBS Raises PT on Advanced Micro Devices (AMD)
• Positive Sentiment: AMD’s recent UK investment announcement, including plans tied to AI supercomputers at Cambridge, adds to the company’s credibility in AI infrastructure and may support long-term growth sentiment. AMD (AMD) Commits £2 Billion to the UK and Helps Build Two AI Supercomputers at Cambridge
• Neutral Sentiment: Analysts and market commentators continue to highlight AMD as a trending growth stock, but much of the discussion is centered on valuation and investor interest rather than a new fundamental catalyst. Here’s Why Advanced Micro Devices (AMD) is a Strong Growth Stock
• Neutral Sentiment: Some articles warn that AMD’s stock has run up more on valuation and sentiment than on near-term business results, which could temper upside if expectations outpace execution. AMD Stock Is Crushing Nvidia’s in 2026. Will That Continue?
• Negative Sentiment: Chip stocks including AMD opened lower at one point due to quarter-end positioning, lingering earnings pressure, and macro caution, indicating some near-term trading headwinds for semiconductors. Why are Intel, AMD, ARM stocks selling off today?

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $539.49 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. The stock has a 50-day simple moving average of $450.43 and a two-hundred day simple moving average of $298.88. The firm has a market capitalization of $879.69 billion, a PE ratio of 176.88, a P/E/G ratio of 1.54 and a beta of 2.50. Advanced Micro Devices, Inc. has a 52-week low of $133.50 and a 52-week high of $562.99.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping the consensus estimate of $1.29 by $0.08. The firm had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The business’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.96 earnings per share. Analysts forecast that Advanced Micro Devices, Inc. will post 6.15 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently weighed in on AMD. Raymond James Financial initiated coverage on Advanced Micro Devices in a report on Wednesday, May 6th. They set a “market perform” rating on the stock. Northland Securities reaffirmed a “market perform” rating and issued a $260.00 price objective on shares of Advanced Micro Devices in a report on Monday, April 27th. Rosenblatt Securities upped their price objective on Advanced Micro Devices from $300.00 to $490.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Oppenheimer downgraded Advanced Micro Devices from a “market perform” rating to a “market perform” rating in a report on Wednesday, May 6th. Finally, Cantor Fitzgerald raised their target price on Advanced Micro Devices from $500.00 to $700.00 and gave the stock an “overweight” rating in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $445.81.

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.