Stock Yards Bank & Trust Co. boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 29.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,106 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,853 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Advanced Micro Devices were worth $1,649,000 at the end of the most recent reporting period.
Several other hedge funds also recently added to or reduced their stakes in the business. Joseph Group Capital Management acquired a new position in Advanced Micro Devices during the fourth quarter worth $25,000. Sarver Vrooman Wealth Advisors acquired a new stake in shares of Advanced Micro Devices in the fourth quarter valued at $27,000. Cornerstone Financial Management LLC purchased a new stake in shares of Advanced Micro Devices in the 4th quarter valued at $27,000. Basepoint Wealth LLC purchased a new stake in shares of Advanced Micro Devices in the 4th quarter valued at $30,000. Finally, Delos Wealth Advisors LLC lifted its stake in Advanced Micro Devices by 100.0% during the 3rd quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer’s stock worth $32,000 after acquiring an additional 100 shares in the last quarter. 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: AMD continues to benefit from strong Wall Street support, with multiple reports citing rising price targets and bullish analyst views on its AI/data center opportunity. What’s Going on With AMD Stock Thursday?
- Positive Sentiment: The company also announced Versal Premium Gen 2 adaptive SoCs for AI, networking, defense, and aerospace markets, underscoring AMD’s push to expand beyond CPUs and GPUs into more specialized high-growth areas. AMD (AMD) Unveils Versal Premium Gen 2 For AI And Aerospace Markets
- Positive Sentiment: Several commentary pieces argue the recent selloff may be a buying opportunity, with some analysts still maintaining very high targets around AMD’s AI-driven growth. Should Investors Buy AMD Stock after the Selloff? Here’s What Wall Street Thinks
- Neutral Sentiment: Broader semiconductor sentiment remains mixed: some articles highlight continued AI-chip strength and long-term demand, while others note the entire chip sector is cooling after a powerful second-quarter rally. Chip stocks that notched record rallies in second quarter start Q3 with a dud
- Negative Sentiment: AMD is being hit by a post-rally pullback and valuation worries, with investors questioning how much upside is left after the stock’s massive AI-driven run. 1 Major Warning Flag AMD and Intel Investors Can’t Afford to Ignore
- Negative Sentiment: The biggest near-term drag appears to be a market reaction to Meta-related AI compute news, which sparked a selloff across chip names and raised concern that AI infrastructure pricing power may be less durable than expected. Why Is AMD Stock Down Today, 7/1/26?
Insider Buying and Selling at Advanced Micro Devices
Advanced Micro Devices Price Performance
Advanced Micro Devices stock opened at $517.82 on Friday. 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 company has a fifty day simple moving average of $466.47 and a 200-day simple moving average of $305.82. The stock has a market cap of $844.36 billion, a P/E ratio of 169.78, a price-to-earnings-growth ratio of 1.59 and a beta of 2.47. Advanced Micro Devices, Inc. has a 12-month low of $133.50 and a 12-month high of $584.73.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, beating the consensus estimate of $1.29 by $0.08. The firm had revenue of $10.25 billion for the quarter, compared to analyst estimates 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 for the quarter was up 37.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.96 earnings per share. Equities analysts expect that Advanced Micro Devices, Inc. will post 6.15 EPS for the current fiscal year.
Analyst Ratings Changes
Several research firms have weighed in on AMD. Barclays downgraded Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research report on Friday, June 12th. TD Cowen upped their target price on shares of Advanced Micro Devices from $500.00 to $600.00 and gave the stock a “buy” rating in a research note on Monday, June 1st. Sanford C. Bernstein set a $600.00 target price on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a report on Wednesday, June 17th. Weiss Ratings raised shares of Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Finally, Jefferies Financial Group downgraded shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average price target of $448.78.
View Our Latest Stock Report on AMD
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.
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