Verity Asset Management Inc. Has $2.31 Million Stake in Advanced Micro Devices, Inc. $AMD

Verity Asset Management Inc. decreased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 50.1% during the 4th quarter, HoldingsChannel reports. The fund owned 10,763 shares of the semiconductor manufacturer’s stock after selling 10,817 shares during the period. Advanced Micro Devices comprises approximately 1.0% of Verity Asset Management Inc.’s portfolio, making the stock its 23rd largest holding. Verity Asset Management Inc.’s holdings in Advanced Micro Devices were worth $2,305,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Joseph Group Capital Management bought a new position in Advanced Micro Devices during the 4th quarter worth $25,000. Koesten Hirschmann & Crabtree INC. raised its position in Advanced Micro Devices by 61.0% during the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 61 shares during the last quarter. ORG Wealth Partners LLC raised its position in Advanced Micro Devices by 39.7% during the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 46 shares during the last quarter. Key Capital Management INC bought a new position in Advanced Micro Devices during the 4th quarter worth $38,000. Finally, PFS Partners LLC raised its position in Advanced Micro Devices by 269.2% during 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 during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Trading Up 1.8%

Shares of AMD stock traded up $6.06 during mid-day trading on Thursday, hitting $343.17. The company’s stock had a trading volume of 10,628,092 shares, compared to its average volume of 38,218,949. The company’s fifty day simple moving average is $229.49 and its 200-day simple moving average is $227.35. Advanced Micro Devices, Inc. has a 52 week low of $96.45 and a 52 week high of $352.99. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. The company has a market cap of $559.49 billion, a PE ratio of 129.85, a P/E/G ratio of 1.21 and a beta of 1.96.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The firm had revenue of $10.27 billion during the quarter, compared to analyst estimates of $9.65 billion. During the same period last year, the company posted $1.09 EPS. The business’s quarterly revenue was up 34.1% on a year-over-year basis. As a group, equities research analysts expect that Advanced Micro Devices, Inc. will post 5.78 earnings per share for the current fiscal year.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Analyst price?target lift — Susquehanna and other boutiques raised targets (Susquehanna to $375), citing EPYC server CPU share gains and an AI?accelerator ramp that underpins the rally. Read More.
• Positive Sentiment: Big?tech capex/earnings support AI chip demand — Earnings and spending guidance from large cloud and social platforms are being interpreted as continued hyperscaler GPU/CPU spending that benefits AMD. Read More.
• Positive Sentiment: Upgraded street forecasts — Erste Group raised FY2026/FY2027 EPS estimates, improving forward earnings visibility. Read More.
• Positive Sentiment: Product roadmap catalyst — AMD announced its “Advancing AI 2026” developer event (July), which could introduce next?gen Instinct GPUs and EPYC updates that re?accelerate sentiment. Read More.
• Neutral Sentiment: Near?term earnings catalyst — Q1 results on May 5 are the clear short?term driver; AMD’s strong history of beats gives a runway for upside but raises execution risk if guidance misses. Read More.
• Neutral Sentiment: Insider sale was pre?arranged — EVP Mark Papermaster sold shares under a 10b5?1 plan; disclosure tempers negative optics but may be noted by traders. Read More.
• Neutral Sentiment: Options and institutional activity — Heavy institutional ownership and option hedging activity suggest investors are protecting gains while retaining upside exposure. Read More.
• Negative Sentiment: OpenAI revenue/user shortfall hit the sector — Reports that OpenAI missed targets sparked a selloff in AI?chip names and directly pressured AMD in recent sessions. Read More.
• Negative Sentiment: Analyst downgrade and profit?taking — Northland cut to Market Perform and some funds (including ARK) trimmed positions after the rapid rally, amplifying near?term selling pressure. Read More. Read More.

Analyst Ratings Changes

Several research analysts recently issued reports on AMD shares. TD Cowen reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Wedbush reaffirmed an “outperform” rating and set a $290.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Rosenblatt Securities reaffirmed a “buy” rating and set a $300.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Piper Sandler reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Finally, Evercore reaffirmed an “outperform” rating and set a $358.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. One equities research 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 MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and an average target price of $297.49.

Insiders Place Their Bets

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the completion of the sale, the executive vice president directly owned 289,098 shares in the company, valued at $62,679,337.38. This trade represents a 6.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, 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 value of $1,536,525.00. Following the completion of the sale, the executive vice president owned 129,598 shares of the company’s stock, valued at approximately $26,550,742.26. This represents a 5.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 304,672 shares of company stock valued at $70,135,070. Insiders own 0.50% of the company’s stock.

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.