Meridian Wealth Management LLC Purchases 34,640 Shares of Advanced Micro Devices, Inc. $AMD

Meridian Wealth Management LLC grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 123.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 62,803 shares of the semiconductor manufacturer’s stock after buying an additional 34,640 shares during the period. Meridian Wealth Management LLC’s holdings in Advanced Micro Devices were worth $13,450,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Fourth Dimension Wealth LLC boosted its holdings in shares of Advanced Micro Devices by 8.2% in the 4th quarter. Fourth Dimension Wealth LLC now owns 7,486 shares of the semiconductor manufacturer’s stock valued at $1,603,000 after buying an additional 565 shares in the last quarter. HighPoint Advisor Group LLC boosted its holdings in shares of Advanced Micro Devices by 0.5% in the 4th quarter. HighPoint Advisor Group LLC now owns 40,631 shares of the semiconductor manufacturer’s stock valued at $8,701,000 after buying an additional 193 shares in the last quarter. Win Advisors Inc. bought a new stake in shares of Advanced Micro Devices in the 4th quarter valued at about $1,297,000. Proem Advisors LLC bought a new stake in shares of Advanced Micro Devices in the 4th quarter valued at about $7,498,000. Finally, Rinkey Investments bought a new stake in shares of Advanced Micro Devices in the 4th quarter valued at about $316,000. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Stock Performance

AMD opened at $458.79 on Tuesday. Advanced Micro Devices, Inc. has a 12-month low of $106.98 and a 12-month high of $469.22. 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 capitalization of $748.10 billion, a PE ratio of 150.42, a P/E/G ratio of 1.40 and a beta of 2.40. The firm has a 50 day moving average of $253.97 and a two-hundred day moving average of $234.82.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $10.25 billion during the quarter, compared to analyst estimates of $9.90 billion. During the same period last year, the firm posted $0.96 EPS. Advanced Micro Devices’s revenue for the quarter was up 37.8% compared to the same quarter last year. On average, analysts anticipate that Advanced Micro Devices, Inc. will post 5.99 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. DA Davidson raised 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. Barclays increased their price objective on shares of Advanced Micro Devices from $300.00 to $500.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. UBS Group set a $310.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Roth Mkm reaffirmed a “buy” rating and issued a $500.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, May 6th. Finally, Oppenheimer lowered shares of Advanced Micro Devices from a “market perform” rating to a “market perform” rating in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus price target of $388.84.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: AMD is benefiting from a broad AI-driven semiconductor rally, with investors rotating into chip stocks tied to data center growth and AI inference demand. AI chip stocks surge as investors refocus on growth
• Positive Sentiment: Wall Street is betting on a stronger AI CPU cycle, which supports AMD’s server business and helped push the stock to a new 52-week high. AMD stock hits new high as Wall Street bets on AI CPU supercycle
• Positive Sentiment: Recent coverage highlights AMD’s management sounding increasingly confident after earnings, with analysts pointing to a larger server CPU opportunity and continued AI momentum. AMD Stock Remains a Top Pick for This Top Analyst – Here’s Why
• Positive Sentiment: AMD’s partnership with Rackspace to build an enterprise AI cloud for regulated industries adds another potential revenue stream and strengthens the company’s AI ecosystem story. AMD Rackspace AI Cloud Deal Targets Regulated Growth And Valuation Questions
• Neutral Sentiment: Cathie Wood’s ARK funds have continued trimming AMD, but the selling appears more like portfolio rebalancing than a direct negative on AMD’s fundamentals. Cathie Wood Dumps Another $3 Million In AMD Stock As Ark Invest Trims For Third Day Running, This Is The AI Stock She Is Buying Instead
• Neutral Sentiment: Some commentary warns the stock’s sharp run has raised valuation and correction risk, which could limit upside if momentum cools. Machine learning algorithm predicts AMD stock price on May 31, 2026

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 31,320 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the completion of the transaction, the executive vice president directly owned 1,236,037 shares of the company’s stock, valued at approximately $432,612,950. This trade represents a 2.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the transaction, the chief executive officer directly owned 3,152,476 shares of the company’s stock, valued at $675,764,755.36. This represents a 3.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 304,672 shares of company stock valued at $70,135,070. 0.50% of the stock is owned by corporate insiders.

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.