Advanced Micro Devices, Inc. $AMD Stock Position Trimmed by Summa Corp.

Summa Corp. trimmed its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 121,770 shares of the semiconductor manufacturer’s stock after selling 7,900 shares during the quarter. Advanced Micro Devices accounts for approximately 11.2% of Summa Corp.’s investment portfolio, making the stock its 2nd largest position. Summa Corp.’s holdings in Advanced Micro Devices were worth $26,078,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in AMD. Ameliora Wealth Management Ltd. boosted its stake in shares of Advanced Micro Devices by 5.9% during the 4th quarter. Ameliora Wealth Management Ltd. now owns 1,959 shares of the semiconductor manufacturer’s stock worth $420,000 after purchasing an additional 109 shares during the period. Heritage Oak Wealth Advisors LLC purchased a new stake in shares of Advanced Micro Devices in the fourth quarter worth approximately $1,110,000. First United Bank & Trust boosted its holdings in 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 valued at $835,000 after acquiring an additional 128 shares during the period. New Wave Wealth Advisors LLC bought a new position in Advanced Micro Devices in the 4th quarter valued at $230,000. Finally, Bank of Stockton increased its stake in Advanced Micro Devices by 60.9% in the fourth quarter. Bank of Stockton now owns 2,895 shares of the semiconductor manufacturer’s stock worth $620,000 after purchasing an additional 1,096 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president directly owned 289,098 shares in the company, valued at approximately $62,679,337.38. This trade represents a 6.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Lisa T. Su sold 85,000 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $198.77, for a total transaction of $16,895,450.00. Following the completion of the transaction, the chief executive officer directly owned 3,146,006 shares in the company, valued at approximately $625,331,612.62. The trade was a 2.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 239,392 shares of company stock worth $50,016,383 in the last three months. 0.06% of the stock is owned by company insiders.

Key Stories Impacting Advanced Micro Devices

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

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD opened at $220.18 on Tuesday. The firm has a 50 day moving average of $209.24 and a 200 day moving average of $215.70. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $358.97 billion, a price-to-earnings ratio of 83.09, a price-to-earnings-growth ratio of 0.82 and a beta of 1.96. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.21. The business had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The business’s revenue for the quarter was up 34.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.09 EPS. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

AMD has been the subject of a number of recent analyst reports. Wedbush reissued an “outperform” rating and set a $290.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. UBS Group set a $310.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Wall Street Zen upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Monday, January 26th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research note on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average price target of $290.19.

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.