Kestra Advisory Services LLC Purchases 32,815 Shares of Advanced Micro Devices, Inc. $AMD

Kestra Advisory Services LLC boosted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 22.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 175,853 shares of the semiconductor manufacturer’s stock after purchasing an additional 32,815 shares during the quarter. Kestra Advisory Services LLC’s holdings in Advanced Micro Devices were worth $35,774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the company. Jefferies Financial Group Inc. boosted its holdings in Advanced Micro Devices by 6,228.8% in the fourth quarter. Jefferies Financial Group Inc. now owns 308,021 shares of the semiconductor manufacturer’s stock worth $65,966,000 after acquiring an additional 303,154 shares in the last quarter. Boomfish Wealth Group LLC purchased a new position in shares of Advanced Micro Devices in the 1st quarter worth about $1,193,000. Williamson Legacy Group LLC bought a new position in Advanced Micro Devices in the 4th quarter worth about $1,118,000. Thoroughbred Financial Services LLC boosted its stake in Advanced Micro Devices by 8.8% in the 4th quarter. Thoroughbred Financial Services LLC now owns 32,827 shares of the semiconductor manufacturer’s stock worth $7,030,000 after purchasing an additional 2,654 shares in the last quarter. Finally, Valtinson Bruner Financial Planning LLC purchased a new stake in Advanced Micro Devices during the 4th quarter valued at about $1,523,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Stifel raised its AMD price target to $635 from $450 and reiterated a Buy rating, citing AMD’s growing strength in AI servers and EPYC CPUs.
• Positive Sentiment: Goldman Sachs and other firms have also lifted targets recently, signaling rising Wall Street confidence in AMD’s AI and data-center growth. Goldman Sachs raises AMD stock price target for the rest of 2026 on surging agentic AI CPU demand
• Positive Sentiment: AMD announced a new AI campus partnership, adding another potential growth avenue tied to large-scale AI infrastructure spending. AMD Stock Rallies on a New AI Campus Partnership
• Neutral Sentiment: AMD’s upcoming Aug. 4 earnings report is creating anticipation for a possible beat-and-raise quarter, but the actual results are still pending.
• Negative Sentiment: ARK Invest continued selling AMD shares, which may temper enthusiasm among some investors. Cathie Wood Bets Big on META Ahead of Q2 Earnings, Sells AMD and Other Growth Stocks

Insiders Place Their Bets

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 shares were sold at an average price of $444.39, for a total transaction of $10,832,450.64. Following the completion of the sale, the executive vice president directly owned 105,222 shares in the company, valued at approximately $46,759,604.58. The trade was a 18.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 transaction, the executive vice president directly owned 324,527 shares in the company, valued at $140,000,947.80. The trade was a 5.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 374,739 shares of company stock worth $161,135,671 in the last 90 days. Insiders own 0.50% of the company’s stock.

Advanced Micro Devices Stock Performance

AMD traded up $11.17 during midday trading on Friday, hitting $557.89. 20,634,405 shares of the company traded hands, compared to its average volume of 27,759,392. The company’s 50-day moving average is $491.60 and its 200 day moving average is $318.92. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $909.70 billion, a PE ratio of 182.92, a price-to-earnings-growth ratio of 1.61 and a beta of 2.47. Advanced Micro Devices, Inc. has a 52 week low of $141.60 and a 52 week high of $584.73.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly 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. The firm had revenue of $10.25 billion during the quarter, compared to analyst estimates of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The business’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.96 earnings per share. On average, research analysts expect that Advanced Micro Devices, Inc. will post 6.15 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on AMD shares. HSBC cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and lifted their target price for the stock from $335.00 to $340.00 in a report on Monday, May 4th. Cantor Fitzgerald increased their price target on shares of Advanced Micro Devices from $500.00 to $700.00 and gave the company an “overweight” rating in a report on Monday, June 29th. Evercore reissued an “outperform” rating and set a $579.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, May 19th. UBS Group boosted their price objective on shares of Advanced Micro Devices from $455.00 to $670.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Finally, Loop Capital raised Advanced Micro Devices to a “strong-buy” rating in a research report on Tuesday, June 16th. Two research 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. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $458.92.

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.