G&S Capital LLC Invests $2.60 Million in Advanced Micro Devices, Inc. $AMD

G&S Capital LLC purchased a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 12,127 shares of the semiconductor manufacturer’s stock, valued at approximately $2,597,000.

A number of other large investors also recently modified their holdings of the business. HHM Wealth Advisors LLC increased its position in shares of Advanced Micro Devices by 2.4% during the third quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock valued at $282,000 after purchasing an additional 40 shares during the period. James J. Burns & Company LLC increased its position in shares of Advanced Micro Devices by 2.3% during the fourth quarter. James J. Burns & Company LLC now owns 1,816 shares of the semiconductor manufacturer’s stock valued at $389,000 after purchasing an additional 40 shares during the period. HBK Sorce Advisory LLC lifted its holdings in Advanced Micro Devices by 0.3% during the 3rd quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer’s stock valued at $2,169,000 after purchasing an additional 43 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its holdings in shares of Advanced Micro Devices by 0.5% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock worth $1,409,000 after acquiring an additional 43 shares in the last quarter. Finally, Moseley Investment Management Inc. grew its holdings in shares of Advanced Micro Devices by 0.5% during the third quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock worth $1,437,000 after purchasing an additional 44 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AMD has been the topic of several research analyst reports. Wedbush restated an “outperform” rating and set a $290.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Wall Street Zen raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Monday, January 26th. Phillip Securities raised Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a research note on Sunday, February 8th. UBS Group set a $310.00 price target on Advanced Micro Devices in a research note on Wednesday, February 4th. Finally, Sanford C. Bernstein upped their price target on Advanced Micro Devices from $235.00 to $265.00 and gave the company a “market perform” rating in a research note on Thursday, April 16th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $292.14.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Stifel raised its price target to $320, signaling stronger Wall Street conviction that AMD can capture accelerating AI compute demand. Why Stifel Just Raised Its AMD Stock Price Target by 14%
• Positive Sentiment: AI infrastructure optimism lifted the semiconductor group; reports note a broad rally in AI chip names (including AMD) as demand outpaces supply. AMD Stock Surges: Why AI Demand Is Fueling A Massive Run
• Positive Sentiment: AMD launched the Ryzen 9 9950X3D2 Dual Edition, a product catalyst that can support consumer/desktop momentum and sentiment. AMD Stock Jumps on the Launch of the Ryzen 9 9950X3D2 Dual Edition
• Positive Sentiment: Analysts have been boosting targets and upgrading coverage as AMD hits record highs, reinforcing upside expectations. Advanced Micro Devices (AMD) Stock Reaches Record Peak as Analysts Boost Targets to $320
• Neutral Sentiment: Institutional inflows are cited as a technical driver supporting momentum, but they can reverse quickly if sentiment shifts. AMD Keeps Rising on Institutional Inflows
• Neutral Sentiment: Bank of America and other outlets highlight AMD as a top AI stock to own into earnings, which supports positioning ahead of the company’s next reports. This Is Why Advanced Micro Devices (AMD) Is a Top AI Stock to Own
• Negative Sentiment: AMD flagged potential sequential gross-margin compression (~200 bps) due to fading one-time gains, China weakness and seasonality — a near-term profit-margin headwind. AMD’s Gross Margin to Contract Sequentially: Is Growth Getting Harder?
• Negative Sentiment: Several pieces warn valuation is stretched versus peers and that other AI chipmakers may offer more upside, which could cap further multiple expansion. 3 AI Chipmakers With Far More Upside Than AMD
• Negative Sentiment: Commentary about rich multiples and whether it’s “too late” to buy could prompt profit-taking among valuation-sensitive investors. At Over $280, Is It Too Late To Buy AMD Stock?

Advanced Micro Devices Stock Up 6.7%

Shares of Advanced Micro Devices stock opened at $303.46 on Thursday. The business’s 50 day simple moving average is $217.01 and its 200 day simple moving average is $223.51. Advanced Micro Devices, Inc. has a 52-week low of $90.12 and a 52-week high of $304.25. The firm has a market cap of $494.74 billion, a PE ratio of 114.51, a P/E/G ratio of 1.03 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 posted 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. The firm had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The business’s revenue was up 34.1% compared to the same quarter last year. During the same period last year, the company earned $1.09 earnings per share. On average, analysts predict that Advanced Micro Devices, Inc. will post 5.78 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total transaction 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 represents a 6.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark D. Papermaster sold 27,109 shares of the company’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $275.00, for a total value of $7,454,975.00. Following the sale, the executive vice president owned 1,267,357 shares of the company’s stock, valued at approximately $348,523,175. This represents a 2.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 273,352 shares of company stock valued at $59,173,070 over the last 90 days. 0.50% of the stock is currently owned by insiders.

Advanced Micro Devices 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.