Proem Advisors LLC Buys Shares of 35,009 Advanced Micro Devices, Inc. $AMD

Posted by Geri Gentry on May 12th, 2026

Proem Advisors LLC bought a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 35,009 shares of the semiconductor manufacturer’s stock, valued at approximately $7,498,000. Advanced Micro Devices accounts for 0.9% of Proem Advisors LLC’s portfolio, making the stock its 14th biggest position.

Other large investors also recently added to or reduced their stakes in the company. Rinkey Investments acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at approximately $316,000. Money Concepts Capital Corp raised its position in shares of Advanced Micro Devices by 30.5% in the 4th quarter. Money Concepts Capital Corp now owns 21,207 shares of the semiconductor manufacturer’s stock valued at $4,542,000 after acquiring an additional 4,952 shares during the period. KLCM Advisors Inc. raised its position in shares of Advanced Micro Devices by 0.6% in the 4th quarter. KLCM Advisors Inc. now owns 12,684 shares of the semiconductor manufacturer’s stock valued at $2,716,000 after acquiring an additional 75 shares during the period. Trek Financial LLC raised its position in shares of Advanced Micro Devices by 476.1% in the 4th quarter. Trek Financial LLC now owns 23,499 shares of the semiconductor manufacturer’s stock valued at $5,033,000 after acquiring an additional 19,420 shares during the period. Finally, AG2R LA Mondiale Gestion D Actifs raised its position in shares of Advanced Micro Devices by 6.2% in the 4th quarter. AG2R LA Mondiale Gestion D Actifs now owns 64,341 shares of the semiconductor manufacturer’s stock valued at $13,779,000 after acquiring an additional 3,779 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AMD shares. Stifel Nicolaus increased their price target on shares of Advanced Micro Devices from $320.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Evercore reiterated an “outperform” rating and issued a $358.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Wedbush increased their price target on shares of Advanced Micro Devices from $290.00 to $400.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Northland Securities reiterated a “market perform” rating and issued a $260.00 price target on shares of Advanced Micro Devices in a research report on Monday, April 27th. Finally, Susquehanna increased their price target on shares of Advanced Micro Devices from $375.00 to $450.00 and gave the company a “positive” rating in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $388.84.

Read Our Latest Analysis on Advanced Micro Devices

Insider Buying and Selling at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the completion of the transaction, the chief executive officer directly owned 3,152,476 shares of the company’s stock, valued at $675,764,755.36. This trade represents a 3.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul Darren Grasby sold 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was 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 represents a 5.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 304,672 shares of company stock valued at $70,135,070 over the last quarter. Insiders own 0.50% of the company’s stock.

Advanced Micro Devices News Summary

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

Positive Sentiment: AMD is benefiting from a broad AI-driven semiconductor rally, with investors rotating into chip stocks tied to data center growth and AI inference demand. AI chip stocks surge as investors refocus on growth
Positive Sentiment: Wall Street is betting on a stronger AI CPU cycle, which supports AMD’s server business and helped push the stock to a new 52-week high. AMD stock hits new high as Wall Street bets on AI CPU supercycle
Positive Sentiment: Recent coverage highlights AMD’s management sounding increasingly confident after earnings, with analysts pointing to a larger server CPU opportunity and continued AI momentum. AMD Stock Remains a Top Pick for This Top Analyst – Here’s Why
Positive Sentiment: AMD’s partnership with Rackspace to build an enterprise AI cloud for regulated industries adds another potential revenue stream and strengthens the company’s AI ecosystem story. AMD Rackspace AI Cloud Deal Targets Regulated Growth And Valuation Questions
Neutral Sentiment: Cathie Wood’s ARK funds have continued trimming AMD, but the selling appears more like portfolio rebalancing than a direct negative on AMD’s fundamentals. Cathie Wood Dumps Another $3 Million In AMD Stock As Ark Invest Trims For Third Day Running, This Is The AI Stock She Is Buying Instead
Neutral Sentiment: Some commentary warns the stock’s sharp run has raised valuation and correction risk, which could limit upside if momentum cools. Machine learning algorithm predicts AMD stock price on May 31, 2026

Advanced Micro Devices Price Performance

NASDAQ AMD opened at $458.79 on Tuesday. The business has a 50 day simple moving average of $253.97 and a 200 day simple moving average of $234.82. Advanced Micro Devices, Inc. has a 52-week low of $106.98 and a 52-week high of $469.22. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. The stock has a market cap of $748.10 billion, a price-to-earnings ratio of 150.42, a PEG ratio of 1.40 and a beta of 2.40.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.08. The company had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The business’s quarterly revenue was up 37.8% on a year-over-year basis. During the same period last year, the business earned $0.96 EPS. Analysts anticipate that Advanced Micro Devices, Inc. will post 5.99 earnings per share for the current fiscal year.

Advanced Micro Devices Profile

(Free Report)

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.