Cerity Partners LLC Boosts Stock Position in Advanced Micro Devices, Inc. $AMD

Cerity Partners LLC lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 676,784 shares of the semiconductor manufacturer’s stock after purchasing an additional 41,846 shares during the quarter. Cerity Partners LLC’s holdings in Advanced Micro Devices were worth $145,000,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Joseph Group Capital Management purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth about $25,000. Sarver Vrooman Wealth Advisors purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth about $27,000. Basepoint Wealth LLC purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth about $30,000. Key Capital Management INC purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth about $38,000. Finally, PFS Partners LLC boosted its holdings in shares of Advanced Micro Devices by 269.2% in the 4th quarter. PFS Partners LLC now owns 192 shares of the semiconductor manufacturer’s stock worth $41,000 after purchasing an additional 140 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD announced up to £2 billion of investment in the U.K. to accelerate AI innovation, research, and compute infrastructure, reinforcing its long-term growth story. AMD Commits up to £2 Billion to Accelerate AI Innovation and Research in the United Kingdom
• Positive Sentiment: New collaborations with major institutions, including Imperial College London, Oriole Networks, and the University of Cambridge, could expand AMD’s footprint in AI, quantum, and supercomputing markets. AMD Commits up to £2 Billion to Accelerate AI Innovation and Research in the United Kingdom
• Positive Sentiment: Multiple articles highlighted renewed momentum in AI chips and AMD’s role as a beneficiary of the broader semiconductor rebound after Friday’s selloff. Broadcom, AMD, Super Micro, and More Stocks That Explain Today’s Market
• Positive Sentiment: Recent commentary and analyst notes argue AMD could still have significant upside, with some bulls pointing to a potential path toward a $1 trillion valuation if AI demand and earnings growth continue. Will AMD Stock Hit a $1 Trillion Market Cap in 2026?
• Neutral Sentiment: Some pieces emphasized that AMD’s valuation has become more demanding after a huge rally, meaning the stock may remain sensitive to execution on AI revenue and margins. AMD’s Bold AI Push Could Unlock Massive Growth, But the Risks Are Also Serious
• Negative Sentiment: One note flagged heavy insider selling over the past six months, which may weigh on sentiment even as operating fundamentals stay strong. AMD Announces £2bn Investment to Accelerate AI Innovation and Research in the UK

Analysts Set New Price Targets

AMD has been the subject of a number of research reports. Zacks Research cut Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 3rd. Erste Group Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. Needham & Company LLC upgraded Advanced Micro Devices to a “buy” rating in a report on Wednesday, May 6th. The Goldman Sachs Group upgraded Advanced Micro Devices from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $240.00 to $450.00 in a report on Wednesday, May 6th. Finally, DA Davidson upped their price objective on Advanced Micro Devices from $375.00 to $425.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and thirteen have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $419.86.

Advanced Micro Devices Trading Up 5.1%

Shares of AMD stock opened at $490.33 on Tuesday. The stock has a market capitalization of $799.53 billion, a PE ratio of 160.76, a P/E/G ratio of 1.37 and a beta of 2.50. Advanced Micro Devices, Inc. has a 1-year low of $115.06 and a 1-year high of $546.44. The business has a 50-day moving average of $364.09 and a 200 day moving average of $266.99. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.08. The company had revenue of $10.25 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 37.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.96 EPS. As a group, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current year.

Insider Activity at Advanced Micro Devices

In related news, EVP Paul Darren Grasby sold 24,376 shares of the stock in a transaction dated Friday, May 8th. The stock was 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 $46,759,604.58. This represents a 18.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Nora Denzel sold 8,626 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00. Following the transaction, the director directly owned 87,173 shares of the company’s stock, valued at $45,504,306. The trade was a 9.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 339,532 shares of company stock worth $119,504,341 over the last three months. Corporate insiders own 0.50% of the company’s stock.

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.