Core Alternative Capital Decreases Stock Holdings in Advanced Micro Devices, Inc. $AMD

Core Alternative Capital reduced its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 24.0% in the fourth quarter, HoldingsChannel reports. The firm owned 33,665 shares of the semiconductor manufacturer’s stock after selling 10,655 shares during the period. Advanced Micro Devices makes up approximately 2.0% of Core Alternative Capital’s investment portfolio, making the stock its 12th largest position. Core Alternative Capital’s holdings in Advanced Micro Devices were worth $7,210,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Woodard & Co. Asset Management Group Inc. ADV lifted its stake in shares of Advanced Micro Devices by 17.9% during the 4th quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 6,069 shares of the semiconductor manufacturer’s stock worth $1,300,000 after purchasing an additional 921 shares during the last quarter. Kensington Investment Counsel LLC lifted its stake in shares of Advanced Micro Devices by 8.3% during the 4th quarter. Kensington Investment Counsel LLC now owns 3,863 shares of the semiconductor manufacturer’s stock worth $827,000 after purchasing an additional 296 shares during the last quarter. VELA Investment Management LLC lifted its stake in shares of Advanced Micro Devices by 954.8% during the 4th quarter. VELA Investment Management LLC now owns 2,099 shares of the semiconductor manufacturer’s stock worth $450,000 after purchasing an additional 1,900 shares during the last quarter. Souders Financial Advisors increased its position in Advanced Micro Devices by 5.3% during the 4th quarter. Souders Financial Advisors now owns 1,851 shares of the semiconductor manufacturer’s stock valued at $396,000 after buying an additional 93 shares in the last quarter. Finally, Pittenger & Anderson Inc. increased its position in Advanced Micro Devices by 20.4% during the 4th quarter. Pittenger & Anderson Inc. now owns 1,685 shares of the semiconductor manufacturer’s stock valued at $361,000 after buying an additional 285 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Riot Platforms expanded its AMD data‑center deal (adds ~25 MW / doubles contracted capacity), a visible commercial win that signals more data‑center GPU deployments for AMD and helped lift market enthusiasm. Riot jumps 10% as AMD signs additional 25 MW AI deployment: Q1 Earnings
• Positive Sentiment: Leaked timing for AMD’s Ryzen AI “halo” mini‑PC has driven retail and trader excitement around new product cadence and edge/desktop AI sales upside. AMD Stock Rallies as a Release Date for the Ryzen AI Halo PC Leaks
• Positive Sentiment: Coverage pieces (e.g., Forbes) argue AMD is breaking into Nvidia’s data‑center dominance, reinforcing a narrative of expanding GPU+CPU share in AI infrastructure. That narrative supports a higher long‑term multiple if AMD keeps winning design slots. AMD’s AI Coup: Breaking The Nvidia Monopoly
• Positive Sentiment: Susquehanna and other bullish analyst notes ahead of earnings highlight growing data‑center demand and recommend buying before May 5, supporting short‑term momentum into AMD’s Q1 print. As Data Center Demand Grows, Susquehanna Says You Should Buy AMD Stock Before May 5
• Neutral Sentiment: Wall Street is split: several five‑star analysts are divided on valuation and near‑term upside even as the stock has rallied sharply, so guidance/metrics in AMD’s upcoming report will matter more than headlines. 5-Star Analysts Are Split on AMD as Stock Soars into Q1 Earnings
• Negative Sentiment: ARK Invest trimmed AMD from its ETF (Cathie Wood reallocated into Meta/Alphabet), signaling at least some active‑manager profit taking that can pressure the stock after a big run. Cathie Wood Loads Up on Meta, Alphabet Sells AMD
• Negative Sentiment: Schwab and other strategists warn the semiconductor group faces “overhead supply” risk after a near‑50% rally from March lows — a cautionary signal that a pullback or rotation is possible if earnings/guidance disappoint. Schwab Analyst: Chip Stocks Face ‘Overhead Supply’ Risk After 50% Rally Off March Lows
• Negative Sentiment: Royal Bank of Canada bumped its price target to $325 but kept a “sector perform” call; that TP sits below the current quote and can be read as a reminder of valuation risk if momentum fades. RBC Raises AMD Price Target to $325 (Benzinga)

Advanced Micro Devices Stock Up 1.7%

Shares of AMD stock opened at $360.54 on Friday. The stock’s 50-day simple moving average is $232.51 and its 200-day simple moving average is $228.32. 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 has a market capitalization of $587.80 billion, a PE ratio of 136.05, a P/E/G ratio of 1.30 and a beta of 2.40. Advanced Micro Devices, Inc. has a fifty-two week low of $96.88 and a fifty-two week high of $362.79.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates 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 company’s revenue was up 34.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.09 earnings per share. Equities analysts expect that Advanced Micro Devices, Inc. will post 5.82 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AMD. Evercore reaffirmed an “outperform” rating and set a $358.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Wedbush reaffirmed an “outperform” rating and set a $290.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research report on Monday, February 2nd. Benchmark reaffirmed a “buy” rating and set a $325.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Finally, Northland Securities reaffirmed a “market perform” rating and set a $260.00 target price on shares of Advanced Micro Devices in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $300.05.

Insider Transactions 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 stock was 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 approximately $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 accessible through the SEC website. Also, EVP Paul Darren Grasby sold 7,500 shares of the stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total value of $1,536,525.00. Following the completion of the transaction, the executive vice president directly owned 129,598 shares in the company, valued at $26,550,742.26. This represents a 5.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 304,672 shares of company stock valued at $70,135,070 over the last three months. Company insiders own 0.50% of the company’s stock.

Advanced Micro Devices Company 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.