Total Wealth Planning & Management Inc. Purchases Shares of 1,725 Advanced Micro Devices, Inc. $AMD

Total Wealth Planning & Management Inc. purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,725 shares of the semiconductor manufacturer’s stock, valued at approximately $369,000.

A number of other hedge funds also recently bought and sold shares of AMD. Norges Bank acquired a new stake in Advanced Micro Devices in the 4th quarter valued at about $4,929,312,000. Jennison Associates LLC increased its holdings in shares of Advanced Micro Devices by 181.6% in the 4th quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock valued at $2,336,552,000 after acquiring an additional 7,035,991 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Advanced Micro Devices by 335.9% in the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock valued at $784,330,000 after acquiring an additional 3,735,807 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Advanced Micro Devices by 104.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer’s stock valued at $1,283,096,000 after acquiring an additional 3,059,935 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Advanced Micro Devices by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock valued at $33,949,256,000 after acquiring an additional 2,525,109 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Barclays raised its price target on AMD to $665, reinforcing the bullish case that rising CPU demand tied to agentic AI could drive further upside. CPU Demand Rapidly Rising Amid Expanding Agentic AI, Says Barclays, Raises PT On Advanced Micro (AMD) To $665
• Positive Sentiment: Analysts remain constructive on AMD’s AI infrastructure role, with recent reports highlighting strong demand for EPYC and Instinct chips and continued institutional buying support. Why Is Advanced Micro (AMD) Up 28.8% Since Last Earnings Report?
• Positive Sentiment: TSMC reiterated that AI chip demand remains strong and supply will stay tight for years, a favorable backdrop for AMD’s foundry-dependent growth plans. TSMC CEO Warns Chip Supply Won’t Meet AI-Fueled Demand for Years
• Neutral Sentiment: AMD’s recent rally has left the stock extended, and technical commentary notes it is trading near highs with overbought conditions, which can amplify volatility. What Is Going On With AMD Stock On Thursday?
• Negative Sentiment: Broadcom’s disappointing AI guidance dragged down the semiconductor group and triggered short-term selling in AMD shares as investors reassessed the pace of AI demand. Broadcom rout hits Micron, AMD, others: AI demand, memory-chip cycle under focus
• Negative Sentiment: Sentiment was also tempered by reports of insider selling, including director Nora Denzel’s recent share sales near the stock’s highs, which may be viewed as profit-taking after a strong run. Advanced Micro Devices (NASDAQ:AMD) Director Nora Denzel Sells 1,821 Shares

Insider Activity

In related news, EVP Paul Darren Grasby sold 24,376 shares of the firm’s 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 transaction, the executive vice president owned 105,222 shares in the company, valued at $46,759,604.58. This trade represents a 18.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Nora Denzel sold 8,626 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total value of $4,502,772.00. Following the transaction, the director owned 87,173 shares in the company, valued at $45,504,306. This represents a 9.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 339,532 shares of company stock worth $119,504,341 over the last ninety days. 0.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AMD. Cantor Fitzgerald increased their price objective on Advanced Micro Devices to $500.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Wedbush increased their price objective on Advanced Micro Devices from $290.00 to $400.00 and gave the company an “outperform” rating in a report on Monday, May 4th. Barclays increased their price objective on Advanced Micro Devices from $500.00 to $665.00 and gave the company an “overweight” rating in a report on Monday. Oppenheimer downgraded Advanced Micro Devices from a “market perform” rating to a “market perform” rating in a report on Wednesday, May 6th. Finally, Citigroup increased their price objective on Advanced Micro Devices from $358.00 to $460.00 and gave the company a “neutral” rating in a report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $419.86.

Advanced Micro Devices Trading Down 3.6%

NASDAQ:AMD opened at $523.20 on Friday. The stock’s 50 day moving average price is $353.43 and its 200 day moving average price is $263.57. The company has a market capitalization of $853.13 billion, a PE ratio of 171.54, a P/E/G ratio of 1.60 and a beta of 2.50. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 52-week low of $114.71 and a 52-week high of $546.44.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm’s quarterly revenue was up 37.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.96 EPS. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.2 EPS for the current year.

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.