Kestra Private Wealth Services LLC Increases Holdings in Advanced Micro Devices, Inc. $AMD

Kestra Private Wealth Services LLC lifted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,018 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,150 shares during the period. Kestra Private Wealth Services LLC’s holdings in Advanced Micro Devices were worth $20,957,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank purchased a new stake in Advanced Micro Devices during the fourth quarter worth about $4,929,312,000. Jennison Associates LLC boosted its stake in Advanced Micro Devices by 181.6% in the fourth 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. Cardano Risk Management B.V. purchased a new position in Advanced Micro Devices in the fourth quarter valued at about $1,000,783,000. Wellington Management Group LLP grew its position in shares of Advanced Micro Devices by 335.9% during 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 period. Finally, Franklin Resources Inc. increased its stake in shares of Advanced Micro Devices by 340.1% during the 4th quarter. Franklin Resources Inc. now owns 4,747,834 shares of the semiconductor manufacturer’s stock worth $1,016,796,000 after purchasing an additional 3,669,054 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Key Advanced Micro Devices News

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

• Positive Sentiment: UBS boosted its AMD price target, reinforcing the view that Wall Street still sees meaningful upside in the shares despite the recent rally. 5-star analyst sets jaw-dropping AMD stock price target
• Positive Sentiment: UBS and other analysts highlighted rising demand tied to agentic AI workloads, which could benefit AMD’s enterprise and data center CPU business. UBS Raises AMD and ARM Stock Price Targets amid Agentic AI-Driven CPU Demand
• Positive Sentiment: Gartner called AMD the company to beat in enterprise AI server CPUs, adding to the bullish narrative around its EPYC lineup and AI data center share gains. Gartner Says AMD Is the ‘Company to Beat for Enterprise AI Server CPUs’
• Positive Sentiment: Reports continue to frame AMD as a beneficiary of AI infrastructure spending, including new memory-optimization and data center efficiency themes tied to its MEXT acquisition. AMD’s MEXT Acquisition Is More Important Than Markets Realize. Here’s How It Solves the Memory Bottleneck.
• Neutral Sentiment: Several articles compare AMD with Arm and Nvidia in the AI data center race, underscoring long-term competition rather than a clear near-term catalyst. Arm Holdings vs Advanced Micro Devices: One Winner of The AI Data Center Showdown
• Negative Sentiment: AMD is also being dragged by a broader chip-sector and tech selloff, with investors taking profits after a very strong run in semiconductor and AI stocks. Nvidia, AMD, and Micron Slide as Global AI Stock Sell-Off Hits Chip Sector
• Negative Sentiment: Market commentary also noted AMD pulling back despite bullish analyst upgrades, suggesting today’s move is being limited by sector-wide caution rather than company-specific weakness. AMD Stock Is Trending: What's Happening Today?

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Susquehanna lifted their price target 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. KeyCorp increased their price objective on Advanced Micro Devices from $330.00 to $530.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Barclays downgraded Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research report on Friday, June 12th. JPMorgan Chase & Co. boosted their target price on Advanced Micro Devices from $270.00 to $385.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Finally, Wolfe Research set a $450.00 price target on Advanced Micro Devices and gave the company an “outperform” rating in a research report on Monday, June 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus target price of $440.41.

Insider Activity at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total transaction of $57,586,250.00. Following the sale, the chief executive officer owned 2,896,899 shares of the company’s stock, valued at approximately $1,334,572,400.31. This represents a 4.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 dated Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total value of $8,406,691.80. Following the sale, the executive vice president directly owned 324,527 shares in the company, 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 sold a total of 378,032 shares of company stock worth $161,876,596 in the last 90 days. 0.50% of the stock is owned by company insiders.

Advanced Micro Devices Stock Down 0.3%

Advanced Micro Devices stock opened at $518.55 on Thursday. The firm has a 50 day simple moving average of $434.39 and a 200 day simple moving average of $292.31. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 1-year low of $133.50 and a 1-year high of $562.99. The firm has a market capitalization of $845.55 billion, a price-to-earnings ratio of 170.02, a P/E/G ratio of 1.53 and a beta of 2.50.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The firm had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $9.90 billion. During the same quarter in the prior year, the business posted $0.96 earnings per share. The business’s quarterly revenue was up 37.8% on a year-over-year basis. On average, analysts predict that Advanced Micro Devices, Inc. will post 6.15 earnings per share for the current year.

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.