Advanced Micro Devices, Inc. $AMD Shares Sold by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC trimmed its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 26.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,528 shares of the semiconductor manufacturer’s stock after selling 2,679 shares during the period. Elevated Capital Advisors LLC’s holdings in Advanced Micro Devices were worth $1,531,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Joseph Group Capital Management acquired a new position in Advanced Micro Devices during the 4th quarter worth approximately $25,000. Sarver Vrooman Wealth Advisors acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at $27,000. Cornerstone Financial Management LLC acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at $27,000. Basepoint Wealth LLC purchased a new stake in shares of Advanced Micro Devices during the 4th quarter worth $30,000. Finally, Delos Wealth Advisors LLC lifted its position in shares of Advanced Micro Devices by 100.0% during the 3rd quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after purchasing an additional 100 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on AMD shares. Bank of America increased their target price on Advanced Micro Devices from $500.00 to $560.00 and gave the company a “buy” rating in a report on Thursday, June 11th. Citigroup downgraded Advanced Micro Devices from a “buy” rating to a “market perform” rating in a report on Friday, June 12th. Wells Fargo & Company upped their price objective on Advanced Micro Devices from $505.00 to $615.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Zacks Research downgraded Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 3rd. Finally, Stifel Nicolaus raised their target price on Advanced Micro Devices from $320.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $453.92.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AMD announced it will report fiscal second-quarter 2026 results on August 4, giving investors a near-term catalyst and renewed attention on its AI growth story. AMD to Report Fiscal Second Quarter 2026 Financial Results
• Positive Sentiment: Goldman Sachs raised its price target to $640, citing surging demand for CPUs used in agentic AI and reinforcing the bull case that AMD can benefit from a broader compute cycle, not just GPU spending. Goldman Sachs raises AMD stock price target for the rest of 2026 on surging agentic AI CPU demand
• Positive Sentiment: AMD’s CTO said agentic AI will require significantly more CPUs, highlighting a potential structural demand shift that could expand AMD’s opportunity beyond GPUs. Intel vs AMD stock: which one is better positioned for a CPU renaissance?
• Positive Sentiment: Semiconductor stocks rebounded broadly, with AMD leading the group as investors rotated back into AI hardware names after a sharp selloff. U.S. chip stocks rebound, tracking China semiconductor rally
• Neutral Sentiment: William Blair initiated coverage with a market perform rating, acknowledging AMD as an AI winner but stopping short of a bullish call. ‘AMD Is an AI Winner,’ Says William Blair But Stays Neutral. Here’s Why
• Negative Sentiment: Some articles warned that AMD’s recent surge may be getting ahead of fundamentals, with concerns that new Intel products and heavier CPU competition could slow the stock’s upside. The Motor Driving AMD’s Stock Rise Is Set to Stall
• Negative Sentiment: Bearish commentary also noted that insider selling has been persistent and that valuation remains elevated after a huge run, which could cap enthusiasm if execution slips. AMD (AMD) Stock Looks Fully Valued Despite Strong AI Growth Hopes

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $546.72 on Friday. The company has a fifty day moving average of $487.19 and a two-hundred day moving average of $317.24. The company has a market capitalization of $891.48 billion, a PE ratio of 179.25, a P/E/G ratio of 1.53 and a beta of 2.47. Advanced Micro Devices, Inc. has a 1 year low of $141.60 and a 1 year high of $584.73. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. During the same quarter in the previous year, the firm earned $0.96 earnings per share. The business’s revenue was up 37.8% compared to the same quarter last year. As a group, analysts expect that Advanced Micro Devices, Inc. will post 6.15 earnings per share for the current year.

Insider Activity

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 24,376 shares of Advanced Micro Devices 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 of the company’s stock, valued at $46,759,604.58. The trade was a 18.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Nora Denzel sold 8,626 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00. Following the completion of the sale, the director owned 87,173 shares of the company’s stock, valued at approximately $45,504,306. This represents a 9.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 374,739 shares of company stock worth $161,135,671 over the last ninety days. 0.50% of the stock is owned by corporate insiders.

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.