Heritage Oak Wealth Advisors LLC purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,185 shares of the semiconductor manufacturer’s stock, valued at approximately $1,110,000.
Several other hedge funds have also bought and sold shares of AMD. First United Bank & Trust grew its stake in shares of Advanced Micro Devices by 3.4% during the 4th quarter. First United Bank & Trust now owns 3,899 shares of the semiconductor manufacturer’s stock worth $835,000 after purchasing an additional 128 shares during the period. New Wave Wealth Advisors LLC purchased a new stake in Advanced Micro Devices during the fourth quarter worth $230,000. Bank of Stockton grew its position in Advanced Micro Devices by 60.9% during the fourth quarter. Bank of Stockton now owns 2,895 shares of the semiconductor manufacturer’s stock valued at $620,000 after buying an additional 1,096 shares during the period. Albion Financial Group UT grew its position in Advanced Micro Devices by 474.6% during the fourth quarter. Albion Financial Group UT now owns 793 shares of the semiconductor manufacturer’s stock valued at $170,000 after buying an additional 655 shares during the period. Finally, Apella Capital LLC increased its holdings in Advanced Micro Devices by 0.8% in the fourth quarter. Apella Capital LLC now owns 6,101 shares of the semiconductor manufacturer’s stock valued at $1,307,000 after buying an additional 46 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Advanced Micro Devices Stock Up 1.2%
Shares of AMD opened at $220.18 on Tuesday. The stock has a 50 day moving average price of $209.24 and a 200 day moving average price of $215.70. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. 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 stock has a market capitalization of $358.97 billion, a price-to-earnings ratio of 83.09, a PEG ratio of 0.82 and a beta of 1.96.
Insider Buying and Selling at Advanced Micro Devices
In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 289,098 shares of the company’s stock, valued at $62,679,337.38. This trade represents a 6.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Paul Darren Grasby sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total value of $1,536,525.00. Following the transaction, the executive vice president owned 129,598 shares in the company, valued at approximately $26,550,742.26. This represents a 5.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 239,392 shares of company stock valued at $50,016,383. Corporate insiders own 0.06% of the company’s stock.
More Advanced Micro Devices News
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Wells Fargo reiterated an Overweight rating and a $345 price target, signaling confidence in AMD’s AI/data‑center growth and providing upside support. Wells Fargo Maintains Overweight Rating for Advanced Micro Devices (AMD)
- Positive Sentiment: Citi put AMD on a 30‑day positive catalyst watch, highlighting near‑term catalysts (AI CPU demand and pricing) that can lift the stock in the coming weeks. Why Intel and AMD Stocks Are Rising Today
- Positive Sentiment: Sector tailwinds: Samsung’s blowout AI memory chip results underscore robust cloud/data‑center spending — a positive signal for AMD’s data‑center GPU/CPU demand. Samsung Beats High Estimates After AI Chip Sales Defy War Fears
- Positive Sentiment: Reports note AMD is gaining share as “agentic AI” drives unexpected chip demand, reinforcing the company’s growth thesis in data‑center workloads. AMD gains market share as ‘agentic AI’ fuels surprise surge in chip demand
- Neutral Sentiment: Brokerage consensus remains mildly constructive — an average “Moderate Buy” — which supports a generally positive expectation but leaves room for dispersion. Advanced Micro Devices, Inc. Receives Average Recommendation of “Moderate Buy”
- Neutral Sentiment: Market commentary debates whether the recent pullback is a buying opportunity or a signal to wait — key for tactical traders but not a new fundamental change. AMD Stock Pullback: Is Now the Time to Buy?
- Negative Sentiment: Citi trimmed its price target to $248 and moved to Neutral/Watch in recent notes, narrowing near‑term upside and contributing to analyst divergence and volatility. Citigroup Lowers AMD Price Target
- Negative Sentiment: Coverage divergence (Wells Fargo $345 vs. UBS $310 vs. Citi $248) increases short‑term uncertainty — investors must weigh strong AI demand vs. differing margin/pricing assumptions ahead of Q1 results. Advanced Micro Devices (AMD) Stock: Diverging Analyst Perspectives
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on the company. Morgan Stanley dropped their target price on Advanced Micro Devices from $260.00 to $255.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 4th. Wedbush reiterated an “outperform” rating and set a $290.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. The Goldman Sachs Group raised their price objective on Advanced Micro Devices from $210.00 to $240.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Rosenblatt Securities reaffirmed a “buy” rating and set a $300.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Finally, Piper Sandler reiterated an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $290.19.
Read Our Latest Analysis on AMD
Advanced Micro Devices Profile
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.
Featured Articles
Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report).
Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.
