Shikiar Asset Management Inc. Buys 4,220 Shares of Advanced Micro Devices, Inc. $AMD

Shikiar Asset Management Inc. raised its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 23.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,116 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,220 shares during the period. Shikiar Asset Management Inc.’s holdings in Advanced Micro Devices were worth $4,736,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of AMD. Jennison Associates LLC bought a new position in Advanced Micro Devices during the 3rd quarter valued at $626,826,000. Wellington Management Group LLP raised its stake in shares of Advanced Micro Devices by 335.9% during the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock worth $784,330,000 after purchasing an additional 3,735,807 shares during the period. Assenagon Asset Management S.A. raised its stake in shares of Advanced Micro Devices by 104.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer’s stock worth $1,283,096,000 after purchasing an additional 3,059,935 shares during the period. Nordea Investment Management AB raised its stake in shares of Advanced Micro Devices by 203.7% during the 3rd quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock worth $631,892,000 after purchasing an additional 2,619,294 shares during the period. Finally, Rafferty Asset Management LLC raised its stake in shares of Advanced Micro Devices by 56.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer’s stock worth $961,078,000 after purchasing an additional 2,430,533 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Trading Up 4.6%

Shares of Advanced Micro Devices stock opened at $231.82 on Thursday. Advanced Micro Devices, Inc. has a 52-week low of $78.87 and a 52-week high of $267.08. The stock’s 50-day simple moving average is $208.21 and its 200 day simple moving average is $216.26. The stock has a market capitalization of $377.95 billion, a P/E ratio of 87.48, a P/E/G ratio of 0.82 and a beta of 1.96. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. During the same period in the previous year, the business posted $1.09 EPS. The firm’s quarterly revenue was up 34.1% compared to the same quarter last year. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Citigroup lowered their target price on Advanced Micro Devices from $260.00 to $248.00 and set a “neutral” rating on the stock in a research note on Monday. Sanford C. Bernstein set a $235.00 target price on Advanced Micro Devices in a research note on Wednesday, February 4th. Piper Sandler reiterated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Benchmark reiterated a “buy” rating and set a $325.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Finally, Erste Group Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $290.19.

Insiders Place Their Bets

In related news, SVP Ava Hahn sold 2,442 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $234.42, for a total value of $572,453.64. Following the sale, the senior vice president directly owned 16,359 shares in the company, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Mark D. Papermaster sold 3,293 shares of the business’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $225.00, for a total value of $740,925.00. Following the completion of the sale, the executive vice president owned 1,294,466 shares in the company, valued at $291,254,850. This represents a 0.25% 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 a total of 242,685 shares of company stock worth $50,757,308 in the last ninety days. 0.06% of the stock is owned by corporate insiders.

Key Advanced Micro Devices News

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

• Positive Sentiment: Broad rally + analyst praise: Market commentary notes AMD gained alongside a wider market rally and renewed analyst support, which boosted buying interest. Why Is AMD Stock Up Today 4/8/26?
• Positive Sentiment: AI/data‑center demand thesis: Coverage highlighting “agentic AI” projects and gigawatt‑scale data center deals supports expectations for accelerating data‑center revenue and underpins bullish sentiment. AMD’s Stock Momentum Climbs As ‘Agentic AI’ And Gigawatt Megadeals Fuel Surge
• Positive Sentiment: Analyst support and high targets: Multiple bullish analyst notes (e.g., Wells Fargo reiterating Overweight and other buy-side views) add conviction to the rally and attract momentum flows. Wells Fargo Maintains Overweight Rating for Advanced Micro Devices (AMD)
• Positive Sentiment: Industry validation for hardware demand: Reports that major contract manufacturers and suppliers are seeing strong AI server/memory demand support the view that AMD benefits from a broader hardware boom. Apple’s Silent Partner Just Validated the Hardware Boom (AMD)
• Positive Sentiment: Institutional flows: Fund filings and updates show some institutions adding AMD exposure, which can amplify upward moves. Fund Update: EASTERN BANK Just Disclosed New Holdings
• Neutral Sentiment: Upcoming catalyst — earnings date set: AMD scheduled Q1 FY2026 results for May 5 after the close; this event could produce volatility as investors reset forecasts. AMD to Report Fiscal First Quarter 2026 Financial Results
• Neutral Sentiment: Company investments into AI ecosystem: AMD-backed startup funding (e.g., CHAI AI) signals strategic AI partnerships but is more of a long‑term positive than an immediate revenue driver. CHAI AI – Hiring Engineers in Palo Alto, CA | FAQ
• Negative Sentiment: Insider and high‑profile selling: Notable sales reported (Cathie Wood selling and EVP Mark Papermaster sold shares under a 10b5‑1 plan) create headline risk and can pressure sentiment despite being planned or portfolio moves. Cathie Wood Sells AMD Mark Papermaster Form 4
• Negative Sentiment: Valuation & competitive risks: Some firms trimmed targets (Citigroup cut its target) and analysis points to longer‑term risk from hyperscalers shifting to custom Arm silicon, which could reduce demand for x86‑based server CPUs. Citigroup Lowers AMD Price Target Hyperscalers Shift To Arm Chips What It Means For AMD Valuation

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.