Prime Capital Investment Advisors LLC Trims Holdings in Advanced Micro Devices, Inc. $AMD

Prime Capital Investment Advisors LLC trimmed its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 120,313 shares of the semiconductor manufacturer’s stock after selling 3,550 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Advanced Micro Devices were worth $25,766,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in AMD. Jennison Associates LLC purchased a new stake in Advanced Micro Devices during the 3rd quarter worth approximately $626,826,000. Wellington Management Group LLP increased its stake in 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 worth $784,330,000 after buying an additional 3,735,807 shares during the period. Assenagon Asset Management S.A. increased its stake in Advanced Micro Devices by 104.4% during the 4th 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 period. Nordea Investment Management AB increased its stake in Advanced Micro Devices by 203.7% during the 3rd quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock worth $631,892,000 after buying an additional 2,619,294 shares during the period. Finally, Rafferty Asset Management LLC increased its stake in Advanced Micro Devices by 56.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer’s stock worth $961,078,000 after buying an additional 2,430,533 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Analyst support: Wells Fargo’s continued Overweight call (and other bullish analyst notes) has been cited as a catalyst for buying interest, reinforcing the view that AMD will capture meaningful AI/data‑center share. Wells Fargo Maintains Overweight Rating for Advanced Micro Devices (AMD)
• Positive Sentiment: AI demand and “gigawatt” megadeals: coverage highlighting surging demand for AI infrastructure and AMD’s exposure to agentic AI projects supports expectations for accelerating data‑center revenue growth. AMD’s Stock Momentum Climbs As ‘Agentic AI’ And Gigawatt Megadeals Fuel Surge
• Positive Sentiment: Industry validation for hardware boom: reports noting strong server/memory demand (e.g., Foxconn/Samsung strength) help the narrative that AMD stands to benefit from robust AI hardware spending. Apple’s Silent Partner Just Validated the Hardware Boom (AMD)
• Positive Sentiment: Institutional buying: filings and fund updates show some institutions increasing AMD positions (e.g., Eastern Bank additions), which can support price momentum. Fund Update: EASTERN BANK Just Disclosed New Holdings
• Neutral Sentiment: Earnings cadence: AMD set its Q1 FY2026 results release for May 5 — a near‑term event that could drive volatility as investors update expectations. AMD to Report Fiscal First Quarter 2026 Financial Results
• Neutral Sentiment: Diverging analyst views and targets: while several firms remain bullish (high targets from some boutiques), other houses (e.g., Citi) trimmed price targets, producing mixed signals on near‑term upside. Citigroup Lowers Advanced Micro Devices (NASDAQ:AMD) Price Target to $248.00
• Negative Sentiment: High‑profile selling: notable sales by investors/managers — including reported Cathie Wood selling and ongoing insider dispositions (some pre‑arranged) — can create headlines and short‑term pressure even if sales are part of planned programs. Massive News: Cathie Wood Just Unloaded This Huge AI Semiconductor Stock Mark D. Papermaster Insider Sale
• Negative Sentiment: Longer‑term competitive risk: coverage noting hyperscalers shifting to Arm‑based custom chips is a structural risk for x86 providers like AMD if cloud providers accelerate proprietary silicon spending. Hyperscalers Shift To Arm Chips What It Means For AMD Valuation

Insiders Place Their Bets

In other news, EVP Paul Darren Grasby sold 7,500 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total value of $1,536,525.00. Following the completion of the transaction, the executive vice president owned 129,598 shares in the company, valued at approximately $26,550,742.26. This represents a 5.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the completion of the transaction, the chief executive officer owned 3,152,476 shares of the company’s stock, valued at approximately $675,764,755.36. The trade was a 3.81% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 242,685 shares of company stock worth $50,757,308. 0.06% of the stock is currently owned by company insiders.

Advanced Micro Devices Trading Up 4.6%

NASDAQ AMD opened at $231.82 on Thursday. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 52 week low of $78.87 and a 52 week high of $267.08. The stock has a market capitalization of $377.95 billion, a PE ratio of 87.48, a price-to-earnings-growth ratio of 0.82 and a beta of 1.96. The firm has a 50 day moving average of $208.21 and a two-hundred day moving average of $216.26.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The company had revenue of $10.27 billion during the quarter, compared to analysts’ expectations of $9.65 billion. During the same quarter in the previous year, the business posted $1.09 EPS. The firm’s revenue was up 34.1% on a year-over-year basis. As a group, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on AMD shares. Wells Fargo & Company reaffirmed an “overweight” rating and set a $345.00 target price on shares of Advanced Micro Devices in a research note on Friday, January 30th. DA Davidson raised shares of Advanced Micro Devices to a “hold” rating in a research note on Friday, February 13th. China Renaissance started coverage on shares of Advanced Micro Devices in a research note on Tuesday, January 13th. They set a “buy” rating and a $291.00 target price on the stock. Sanford C. Bernstein set a $235.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Finally, UBS Group set a $310.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus target price of $290.19.

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.