E Fund Management Hong Kong Co. Ltd. Increases Stake in Advanced Micro Devices, Inc. $AMD

E Fund Management Hong Kong Co. Ltd. increased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 123.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,736 shares of the semiconductor manufacturer’s stock after purchasing an additional 4,277 shares during the period. E Fund Management Hong Kong Co. Ltd.’s holdings in Advanced Micro Devices were worth $1,657,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Joseph Group Capital Management purchased a new stake in shares of Advanced Micro Devices in the 4th quarter valued at $25,000. Koesten Hirschmann & Crabtree INC. boosted its stake in shares of Advanced Micro Devices by 61.0% in the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. Aviso Financial Inc. boosted its stake in shares of Advanced Micro Devices by 400.0% in the 3rd quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after purchasing an additional 160 shares in the last quarter. Delos Wealth Advisors LLC raised its holdings 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 valued at $32,000 after buying an additional 100 shares during the last quarter. Finally, LFA Lugano Financial Advisors SA boosted its position in Advanced Micro Devices by 74.1% during the 3rd quarter. LFA Lugano Financial Advisors SA now owns 235 shares of the semiconductor manufacturer’s stock valued at $38,000 after buying an additional 100 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Down 0.6%

Shares of NASDAQ AMD opened at $445.50 on Thursday. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 12 month low of $107.67 and a 12 month high of $469.21. The firm has a market capitalization of $726.43 billion, a PE ratio of 146.07, a price-to-earnings-growth ratio of 1.34 and a beta of 2.40. The firm has a fifty day simple moving average of $263.87 and a two-hundred day simple moving average of $237.84.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping 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 period in the prior year, the business earned $0.96 EPS. The company’s revenue for the quarter was up 37.8% on a year-over-year basis. Equities analysts expect that Advanced Micro Devices, Inc. will post 6.17 earnings per share for the current year.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Mizuho raised its AMD price target to $515 and kept an Outperform rating, citing strong agentic AI server demand. Mizuho Just Hiked AMD Price Target to $515: Agentic AI Server Demand Powers the Bull Case
• Positive Sentiment: Bank of America lifted its AMD target to $500, reinforcing the bullish view that AI infrastructure spending is still driving upside for the stock. Top Bank of America Analyst Raises AMD Stock Price Target – Here’s Why
• Positive Sentiment: AMD’s strong Q1 beat and record data-center revenue continue to fuel optimism around its AI growth story. Massive News for AMD Stock Investors
• Positive Sentiment: New commentary highlighted AMD’s AI deals with Meta Platforms and OpenAI, suggesting long-term demand for its next-generation MI450 chips. AMD MI450 AI Deals With Meta And OpenAI Test Rich Valuation
• Neutral Sentiment: Northland Securities raised several forward earnings estimates for AMD but kept a Market Perform rating and a $260 target, showing the Street is still divided on valuation.
• Negative Sentiment: Some reports warn that AMD and the broader chip sector may be vulnerable to profit-taking after a parabolic rally.
• Negative Sentiment: Recent insider selling has kept some investors cautious despite the strong AI-driven momentum.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Morgan Stanley increased their price target on shares of Advanced Micro Devices from $360.00 to $410.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Barclays boosted 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. Wells Fargo & Company boosted their price objective on shares of Advanced Micro Devices from $345.00 to $505.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Weiss Ratings upgraded shares of Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Finally, Phillip Securities upgraded shares of Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Two research 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’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $396.95.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 31,320 shares of the company’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $350.00, for a total value of $10,962,000.00. Following the completion of the transaction, the executive vice president directly owned 1,236,037 shares in the company, valued at approximately $432,612,950. This represents a 2.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 85,000 shares of the company’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $198.77, for a total transaction of $16,895,450.00. Following the completion of the transaction, the chief executive officer owned 3,146,006 shares of the company’s stock, valued at $625,331,612.62. This trade represents a 2.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 184,598 shares of company stock worth $49,955,566. 0.50% of the stock is currently owned by corporate insiders.

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.