Endeavor Private Wealth Inc. acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 1,298 shares of the semiconductor manufacturer’s stock, valued at approximately $278,000.
A number of other large investors have also added to or reduced their stakes in AMD. Norges Bank purchased a new stake in Advanced Micro Devices during the fourth quarter worth about $4,929,312,000. Jennison Associates LLC increased its holdings in Advanced Micro Devices by 181.6% during the fourth quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock worth $2,336,552,000 after buying an additional 7,035,991 shares during the last quarter. Wellington Management Group LLP increased its holdings in Advanced Micro Devices by 335.9% during the third quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock worth $784,330,000 after buying an additional 3,735,807 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in Advanced Micro Devices by 104.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer’s stock worth $1,283,096,000 after buying an additional 3,059,935 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in Advanced Micro Devices by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock worth $33,949,256,000 after buying an additional 2,525,109 shares during the last quarter. Hedge funds and other institutional investors own 71.34% 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 announced up to £2 billion of investment in the U.K. to accelerate AI innovation, research, and compute infrastructure, reinforcing its long-term growth story. AMD Commits up to £2 Billion to Accelerate AI Innovation and Research in the United Kingdom
- Positive Sentiment: New collaborations with major institutions, including Imperial College London, Oriole Networks, and the University of Cambridge, could expand AMD’s footprint in AI, quantum, and supercomputing markets. AMD Commits up to £2 Billion to Accelerate AI Innovation and Research in the United Kingdom
- Positive Sentiment: Multiple articles highlighted renewed momentum in AI chips and AMD’s role as a beneficiary of the broader semiconductor rebound after Friday’s selloff. Broadcom, AMD, Super Micro, and More Stocks That Explain Today’s Market
- Positive Sentiment: Recent commentary and analyst notes argue AMD could still have significant upside, with some bulls pointing to a potential path toward a $1 trillion valuation if AI demand and earnings growth continue. Will AMD Stock Hit a $1 Trillion Market Cap in 2026?
- Neutral Sentiment: Some pieces emphasized that AMD’s valuation has become more demanding after a huge rally, meaning the stock may remain sensitive to execution on AI revenue and margins. AMD’s Bold AI Push Could Unlock Massive Growth, But the Risks Are Also Serious
- Negative Sentiment: One note flagged heavy insider selling over the past six months, which may weigh on sentiment even as operating fundamentals stay strong. AMD Announces £2bn Investment to Accelerate AI Innovation and Research in the UK
Advanced Micro Devices Price Performance
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. The firm had revenue of $10.25 billion during the quarter, compared to analyst estimates of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company’s quarterly revenue was up 37.8% on a year-over-year basis. During the same quarter last year, the business earned $0.96 earnings per share. Equities analysts forecast that Advanced Micro Devices, Inc. will post 6.2 EPS for the current year.
Insider Buying and Selling
In other news, EVP Paul Darren Grasby sold 24,376 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $444.39, for a total value of $10,832,450.64. Following the completion of the transaction, the executive vice president directly owned 105,222 shares in the company, valued at approximately $46,759,604.58. This trade represents a 18.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark D. Papermaster sold 31,320 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the completion of the transaction, the executive vice president owned 1,236,037 shares of the company’s stock, valued at $432,612,950. This trade represents a 2.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 339,532 shares of company stock valued at $119,504,341 in the last three months. Insiders own 0.50% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on AMD shares. Piper Sandler restated an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Susquehanna raised their price objective on shares of Advanced Micro Devices from $375.00 to $450.00 and gave the stock a “positive” rating in a report on Wednesday, May 6th. Seaport Research Partners upgraded shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 price objective for the company in a report on Wednesday, May 6th. HSBC lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and increased their target price for the stock from $335.00 to $340.00 in a research report on Monday, May 4th. Finally, Zacks Research lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $419.86.
Check Out Our Latest Report on Advanced Micro Devices
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.
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