SB Capital Management Inc Makes New Investment in Advanced Micro Devices, Inc. $AMD

SB Capital Management Inc purchased a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 4th quarter, Holdings Channel.com reports. The fund purchased 1,189 shares of the semiconductor manufacturer’s stock, valued at approximately $255,000.

Other hedge funds also recently made changes to their positions in the company. Joseph Group Capital Management acquired a new stake in shares of Advanced Micro Devices during the 4th quarter valued at about $25,000. Sarver Vrooman Wealth Advisors acquired a new position in Advanced Micro Devices in the fourth quarter worth about $27,000. Cornerstone Financial Management LLC acquired a new position in Advanced Micro Devices in the fourth quarter worth about $27,000. Basepoint Wealth LLC bought a new position in Advanced Micro Devices during the fourth quarter worth about $30,000. Finally, Aviso Financial Inc. lifted its stake in Advanced Micro Devices by 400.0% during the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after purchasing an additional 160 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $539.33 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $126.82 and a 1-year high of $558.37. The company has a 50 day moving average of $411.01 and a 200-day moving average of $283.43. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The firm has a market cap of $879.43 billion, a price-to-earnings ratio of 176.83, a PEG ratio of 1.50 and a beta of 2.50.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping the consensus estimate of $1.29 by $0.08. The business had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.Advanced Micro Devices’s revenue was up 37.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.96 EPS. On average, equities analysts forecast that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMD has been the topic of several analyst reports. Erste Group Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. Northland Securities restated a “market perform” rating and set a $260.00 target price on shares of Advanced Micro Devices in a research report on Monday, April 27th. TD Cowen boosted their price target on Advanced Micro Devices from $500.00 to $600.00 and gave the company a “buy” rating in a research note on Monday, June 1st. Needham & Company LLC upgraded Advanced Micro Devices to a “buy” rating in a research report on Wednesday, May 6th. Finally, Mizuho increased their price objective on Advanced Micro Devices from $515.00 to $615.00 and gave the stock an “outperform” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $430.68.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Paul Darren Grasby sold 24,376 shares of the business’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $444.39, for a total value of $10,832,450.64. Following the transaction, the executive vice president owned 105,222 shares of the company’s stock, valued at approximately $46,759,604.58. The trade was a 18.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the business’s stock in a transaction on 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 completion of the transaction, the executive vice president directly owned 324,527 shares in the company, valued at approximately $140,000,947.80. This represents a 5.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 378,032 shares of company stock worth $161,876,596. 0.50% of the stock is owned by company insiders.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Bernstein raised its price target on AMD to $600, citing strong AI infrastructure demand and improving server CPU trends. Why Is AMD Stock Gaining Thursday?
• Positive Sentiment: Citi upgraded AMD to Buy and lifted its target to $575, pointing to potential GPU sales to Meta and broader upside in the AI server CPU market. Citi Upgrades AMD Stock to ‘Buy’ on Massive Meta GPU Sales Potential
• Positive Sentiment: AMD announced it is acquiring MEXT, a memory optimization company, which could strengthen AMD’s AI data center offerings by helping address workload bottlenecks. AMD (AMD) Buys MEXT To Tackle AI Data Center Memory Bottlenecks
• Positive Sentiment: AMD signed a definitive agreement with Rackspace to deploy 30 MW of AMD-based AI compute across Rackspace’s global data centers, expanding its enterprise AI footprint. AMD and Rackspace Team Up on a 30 MW AI Compute Agreement
• Neutral Sentiment: Some commentary warned AMD may have run too far, too fast, and another article flagged margin pressure as the company shifts deeper into AI growth bets. One Warning Signal AMD Investors Can’t Miss
• Neutral Sentiment: There was also an insider sale by EVP Mark Papermaster, but it was made under a pre-arranged trading plan, limiting the negative signal for investors. Mark Papermaster Sells 6,000 Shares of Advanced Micro Devices (NASDAQ:AMD) Stock

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.