Van Diest Capital LLC Invests $571,000 in Advanced Micro Devices, Inc. $AMD

Van Diest Capital LLC bought a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,806 shares of the semiconductor manufacturer’s stock, valued at approximately $571,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bradley Foster & Sargent Inc. CT lifted its holdings in Advanced Micro Devices by 49.5% in the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 16,451 shares of the semiconductor manufacturer’s stock worth $3,347,000 after purchasing an additional 5,444 shares in the last quarter. Lombard Odier Asset Management Switzerland SA grew its holdings in Advanced Micro Devices by 1.3% during the 1st quarter. Lombard Odier Asset Management Switzerland SA now owns 80,231 shares of the semiconductor manufacturer’s stock valued at $16,321,000 after buying an additional 1,053 shares in the last quarter. Lombard Odier Asset Management Europe Ltd grew its holdings in Advanced Micro Devices by 31.4% during the 1st quarter. Lombard Odier Asset Management Europe Ltd now owns 90,469 shares of the semiconductor manufacturer’s stock valued at $18,404,000 after buying an additional 21,615 shares in the last quarter. Aristotle Atlantic Partners LLC grew its holdings in Advanced Micro Devices by 12.7% during the 1st quarter. Aristotle Atlantic Partners LLC now owns 8,460 shares of the semiconductor manufacturer’s stock valued at $1,721,000 after buying an additional 955 shares in the last quarter. Finally, Wealth Alliance LLC raised its position in shares of Advanced Micro Devices by 1.3% during the first quarter. Wealth Alliance LLC now owns 3,885 shares of the semiconductor manufacturer’s stock valued at $790,000 after buying an additional 48 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices News Summary

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

• Positive Sentiment: AMD and Cerebras announced a technical partnership to combine Helios and Wafer-Scale Engine technology, aiming for faster, more efficient AI inference and up to 5x higher tokens per second per watt. AMD and Cerebras Announce Industry-Leading Ultra-Low-Latency and High Throughput AI Inference Solution
• Positive Sentiment: Wedbush raised its price target to $600, and several other firms also boosted targets after AMD’s Advancing AI 2026 event, signaling stronger Wall Street confidence in AMD’s AI data center growth. AMD price target boosted on strengthening AI outlook
• Positive Sentiment: Other commentary highlighted AMD’s new Helios AI rack system, expanded OpenAI and Anthropic-related demand, and multiple bullish analyst notes, all of which support the view that AMD is gaining share in AI infrastructure. AMD plans to invest to up $5 billion into Anthropic as it seeks to cut into Nvidia’s dominance
• Neutral Sentiment: Short-interest data showed no meaningful change in practice, with reported short interest listed as zero shares, so this item does not appear to be a real trading catalyst.
• Neutral Sentiment: The broader semiconductor sector pulled back on valuation and profit-taking concerns, which may be weighing on AMD even as company-specific AI news remains constructive. Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing?
• Negative Sentiment: AMD also appeared in reports about an AI-chip selloff and weaker risk appetite, suggesting some investors are taking profits after the stock’s strong run. AI Memory Stocks Lead Chip Selloff

Insider Activity

In related news, EVP Paul Darren Grasby sold 24,376 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $444.39, for a total value of $10,832,450.64. Following the completion of the transaction, the executive vice president owned 105,222 shares of the company’s stock, valued at approximately $46,759,604.58. This trade represents a 18.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Nora Denzel sold 8,626 shares of Advanced Micro Devices stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total value of $4,502,772.00. Following the completion of the transaction, 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 disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 310,310 shares of company stock worth $141,185,456. 0.50% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on AMD shares. Seaport Research Partners upgraded shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 target price for the company in a research report on Wednesday, May 6th. DA Davidson lifted their price target on shares of Advanced Micro Devices from $375.00 to $425.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Loop Capital upgraded shares of Advanced Micro Devices to a “strong-buy” rating in a research note on Tuesday, June 16th. Robert W. Baird set a $1,250.00 price objective on shares of Advanced Micro Devices in a report on Friday. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $700.00 price objective on shares of Advanced Micro Devices in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $522.43.

Advanced Micro Devices Trading Down 3.3%

Shares of AMD opened at $521.95 on Friday. The stock has a market capitalization of $851.09 billion, a PE ratio of 171.13, a P/E/G ratio of 1.51 and a beta of 2.47. The company’s fifty day moving average is $512.60 and its 200 day moving average is $340.69. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. Advanced Micro Devices, Inc. has a fifty-two week low of $149.22 and a fifty-two week high of $584.73.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, beating the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The business had revenue of $10.25 billion during the quarter, compared to analyst estimates of $9.90 billion. During the same quarter last year, the business earned $0.96 earnings per share. Advanced Micro Devices’s quarterly revenue was up 37.8% compared to the same quarter last year. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 6.27 earnings per share for the current fiscal year.

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.