Montag A & Associates Inc. Sells 12,234 Shares of Advanced Micro Devices, Inc. $AMD

Montag A & Associates Inc. cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 33.2% during the 4th quarter, Holdings Channel reports. The fund owned 24,626 shares of the semiconductor manufacturer’s stock after selling 12,234 shares during the period. Montag A & Associates Inc.’s holdings in Advanced Micro Devices were worth $5,274,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Woodard & Co. Asset Management Group Inc. ADV boosted its stake in Advanced Micro Devices by 17.9% during the fourth quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 6,069 shares of the semiconductor manufacturer’s stock worth $1,300,000 after acquiring an additional 921 shares in the last quarter. Kensington Investment Counsel LLC lifted its stake in shares of Advanced Micro Devices by 8.3% in the fourth quarter. Kensington Investment Counsel LLC now owns 3,863 shares of the semiconductor manufacturer’s stock valued at $827,000 after buying an additional 296 shares in the last quarter. VELA Investment Management LLC lifted its stake in shares of Advanced Micro Devices by 954.8% in the fourth quarter. VELA Investment Management LLC now owns 2,099 shares of the semiconductor manufacturer’s stock valued at $450,000 after buying an additional 1,900 shares in the last quarter. Souders Financial Advisors lifted its stake in shares of Advanced Micro Devices by 5.3% in the fourth quarter. Souders Financial Advisors now owns 1,851 shares of the semiconductor manufacturer’s stock valued at $396,000 after buying an additional 93 shares in the last quarter. Finally, Pittenger & Anderson Inc. lifted its stake in shares of Advanced Micro Devices by 20.4% in the fourth quarter. Pittenger & Anderson Inc. now owns 1,685 shares of the semiconductor manufacturer’s stock valued at $361,000 after buying an additional 285 shares in the last quarter. 71.34% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AMD has been the topic of a number of recent research reports. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research note on Monday, February 2nd. KeyCorp reaffirmed an “overweight” rating and issued a $330.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Piper Sandler reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. DA Davidson raised shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and raised their price objective for the company from $220.00 to $375.00 in a research note on Friday, April 24th. Finally, Susquehanna raised their price objective on shares of Advanced Micro Devices from $300.00 to $375.00 and gave the company a “positive” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $300.05.

Advanced Micro Devices Stock Up 1.7%

AMD opened at $360.54 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01. The company’s 50-day moving average is $232.51 and its 200 day moving average is $228.32. Advanced Micro Devices, Inc. has a fifty-two week low of $96.88 and a fifty-two week high of $362.79. The firm has a market capitalization of $587.80 billion, a P/E ratio of 136.05, a PEG ratio of 1.30 and a beta of 2.40.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The company had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. During the same period last year, the firm earned $1.09 earnings per share. The firm’s revenue was up 34.1% on a year-over-year basis. Research analysts expect that Advanced Micro Devices, Inc. will post 5.82 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Paul Darren Grasby sold 7,500 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the transaction, the executive vice president directly owned 129,598 shares of the company’s stock, valued at $26,550,742.26. This trade represents a 5.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Mark D. Papermaster sold 31,320 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president directly owned 1,236,037 shares in the company, valued at $432,612,950. The trade was a 2.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 304,672 shares of company stock valued at $70,135,070 over the last ninety days. Company insiders own 0.50% of the company’s stock.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Riot Platforms expanded its AMD data?center deal (adds ~25 MW / doubles contracted capacity), a visible commercial win that signals more data?center GPU deployments for AMD and helped lift market enthusiasm. Riot jumps 10% as AMD signs additional 25 MW AI deployment: Q1 Earnings
• Positive Sentiment: Leaked timing for AMD’s Ryzen AI “halo” mini?PC has driven retail and trader excitement around new product cadence and edge/desktop AI sales upside. AMD Stock Rallies as a Release Date for the Ryzen AI Halo PC Leaks
• Positive Sentiment: Coverage pieces (e.g., Forbes) argue AMD is breaking into Nvidia’s data?center dominance, reinforcing a narrative of expanding GPU+CPU share in AI infrastructure. That narrative supports a higher long?term multiple if AMD keeps winning design slots. AMD’s AI Coup: Breaking The Nvidia Monopoly
• Positive Sentiment: Susquehanna and other bullish analyst notes ahead of earnings highlight growing data?center demand and recommend buying before May 5, supporting short?term momentum into AMD’s Q1 print. As Data Center Demand Grows, Susquehanna Says You Should Buy AMD Stock Before May 5
• Neutral Sentiment: Wall Street is split: several five?star analysts are divided on valuation and near?term upside even as the stock has rallied sharply, so guidance/metrics in AMD’s upcoming report will matter more than headlines. 5-Star Analysts Are Split on AMD as Stock Soars into Q1 Earnings
• Negative Sentiment: ARK Invest trimmed AMD from its ETF (Cathie Wood reallocated into Meta/Alphabet), signaling at least some active?manager profit taking that can pressure the stock after a big run. Cathie Wood Loads Up on Meta, Alphabet Sells AMD
• Negative Sentiment: Schwab and other strategists warn the semiconductor group faces “overhead supply” risk after a near?50% rally from March lows — a cautionary signal that a pullback or rotation is possible if earnings/guidance disappoint. Schwab Analyst: Chip Stocks Face ‘Overhead Supply’ Risk After 50% Rally Off March Lows
• Negative Sentiment: Royal Bank of Canada bumped its price target to $325 but kept a “sector perform” call; that TP sits below the current quote and can be read as a reminder of valuation risk if momentum fades. RBC Raises AMD Price Target to $325 (Benzinga)

About Advanced Micro Devices

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.