OMERS ADMINISTRATION Corp trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 10.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 63,460 shares of the semiconductor manufacturer’s stock after selling 7,400 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Advanced Micro Devices were worth $13,591,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Joseph Group Capital Management acquired a new position in shares of Advanced Micro Devices during the fourth quarter valued at $25,000. Cornerstone Financial Management LLC acquired a new position in shares of Advanced Micro Devices during the fourth quarter valued at $27,000. Sarver Vrooman Wealth Advisors acquired a new position in shares of Advanced Micro Devices during the fourth quarter valued at $27,000. Basepoint Wealth LLC acquired a new position in shares of Advanced Micro Devices during the fourth quarter valued at $30,000. Finally, Wilkerson Advisory Group LLC acquired a new position in shares of Advanced Micro Devices during the fourth quarter valued at $33,000. 71.34% of the stock is owned by institutional investors and hedge funds.
Advanced Micro Devices Price Performance
NASDAQ:AMD opened at $547.26 on Tuesday. 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 $117.78 and a 52-week high of $558.37. The firm has a market cap of $892.36 billion, a P/E ratio of 179.43, a PEG ratio of 1.50 and a beta of 2.50. The business’s 50-day moving average price is $393.01 and its 200 day moving average price is $277.00.
Insiders Place Their Bets
In related news, EVP Mark D. Papermaster sold 31,320 shares of the stock in a transaction on Friday, April 24th. The stock was sold at an average price of $350.00, for a total value of $10,962,000.00. Following the completion of the transaction, the executive vice president owned 1,236,037 shares in the company, valued at $432,612,950. This trade represents a 2.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total value of $8,406,691.80. Following the completion of the transaction, the executive vice president owned 324,527 shares of the company’s stock, valued at $140,000,947.80. This trade represents a 5.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 372,032 shares of company stock worth $158,658,616 over the last three months. Company insiders own 0.50% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages have recently commented on AMD. Wolfe Research set a $450.00 price target on Advanced Micro Devices and gave the company an “outperform” rating in a report on Monday. Bank of America lifted their target price on Advanced Micro Devices from $500.00 to $560.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. Weiss Ratings raised Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Barclays lowered Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a report on Friday. Finally, Citigroup lowered Advanced Micro Devices from a “buy” rating to a “market perform” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and a consensus price target of $428.65.
Get Our Latest Stock Analysis on Advanced Micro Devices
More Advanced Micro Devices News
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Citi upgraded AMD to Buy and lifted its price target to $575, saying GPU upside and AI tailwinds are not fully reflected in the stock. Citi Calls AMD a Rising Force in the GPU Market, Upgrades Shares to Buy
- Positive Sentiment: Wolfe Research reiterated Outperform and said there is room for upside to consensus in 2026 and 2027, driven by CPU strength and potential new AI customer wins for AMD’s MI450 chips. Wolfe Research sees substantial upside to AMD estimates
- Positive Sentiment: AMD stock is being boosted by a broader semiconductor surge, with chip peers also rising as investors rotate into AI infrastructure and memory-related names. Why AI Chip Stocks NVDA, AMD, INTC, and AVGO Are Rising Today — June 15, 2026
- Positive Sentiment: Reports that AMD agreed to acquire MEXT, a memory-optimization software maker, are fueling optimism that its chips will perform better in AI workloads, which helped push the stock higher. AMD Stock Spikes after MEXT Deal to Improve Memory Performance in AI Chips
- Neutral Sentiment: Commentary around AMD flirting with a roughly $900 billion valuation highlights how far the stock has run and how much investor enthusiasm is already priced in. AMD flirts with a $900 billion valuation after beefing up its memory technology
- Neutral Sentiment: Coverage comparing AMD with Intel underscores that both are seen as AI data-center beneficiaries, but investors are still debating which chipmaker will emerge as the stronger long-term winner. AMD vs Intel: Both Are Positioned for AI Data Center Growth But There Will Be Only One Winner
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.
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