Advanced Micro Devices (NASDAQ:AMD) Trading Down 3.6% – Time to Sell?

Posted by George Bondi on Jun 4th, 2026

Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report) shares fell 3.6% during trading on Thursday . The company traded as low as $499.87 and last traded at $523.20. 28,917,141 shares were traded during trading, a decline of 25% from the average session volume of 38,518,813 shares. The stock had previously closed at $542.52.

Key Headlines Impacting Advanced Micro Devices

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

Negative Sentiment: AMD is trading lower after Broadcom’s disappointing AI-related guidance raised worries that hyperscale AI spending may not keep accelerating at the pace investors expected, dragging down the whole chip sector. Why Is AMD Stock Down Today, 6/4/26?
Negative Sentiment: Broadcom’s rout also hit AMD and other semiconductor names, as investors reassessed the AI demand and memory-chip cycle after a fast sector rally. Broadcom rout hits Micron, AMD, others: AI demand, memory-chip cycle under focus
Negative Sentiment: Some traders are also taking profits after AMD’s big month-long surge, with technical readings suggesting the stock had become extended near recent highs. AMD Is Up 55% in a Month and Trouncing Intel
Negative Sentiment: Recent insider selling, including by director Nora Denzel, may be adding to near-term caution around the stock after its strong run. Advanced Micro Devices (NASDAQ:AMD) Director Nora Denzel Sells 1,821 Shares
Neutral Sentiment: Offsetting the weakness, Barclays recently raised its price target on AMD to $665, reflecting continued optimism around rising CPU demand tied to agentic AI. CPU Demand Rapidly Rising Amid Expanding Agentic AI, Says Barclays, Raises PT On Advanced Micro (AMD) To $665
Positive Sentiment: AMD still has strong fundamental momentum, with Wall Street leaning bullish after recent earnings beat expectations and revenue growth remained robust. Why Is Advanced Micro (AMD) Up 28.8% Since Last Earnings Report?

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. HSBC downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating and upped their price objective for the company from $335.00 to $340.00 in a research note on Monday, May 4th. Northland Securities reissued a “market perform” rating and issued a $260.00 price target on shares of Advanced Micro Devices in a report on Monday, April 27th. Wedbush raised their price objective on shares of Advanced Micro Devices from $290.00 to $400.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Royal Bank Of Canada lifted their price objective on shares of Advanced Micro Devices from $325.00 to $400.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 6th. Finally, Seaport Research Partners upgraded shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 target price on the stock in a research note on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $419.86.

Read Our Latest Research Report on AMD

Advanced Micro Devices Trading Down 3.6%

The company has a market cap of $853.13 billion, a P/E ratio of 171.54, a price-to-earnings-growth ratio of 1.53 and a beta of 2.50. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. The firm’s 50-day moving average price is $347.08 and its 200-day moving average price is $261.63.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $9.90 billion. During the same period last year, the firm earned $0.96 EPS. Advanced Micro Devices’s revenue for the quarter was up 37.8% on a year-over-year basis. As a group, equities research analysts expect that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $445.51, for a total transaction of $55,688,750.00. Following the sale, the chief executive officer directly owned 3,021,899 shares in the company, valued at approximately $1,346,286,223.49. The trade was a 3.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 31,320 shares of the stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $350.00, for a total value of $10,962,000.00. Following the sale, the executive vice president directly owned 1,236,037 shares in the company, valued at $432,612,950. This trade represents a 2.47% decrease in their position. 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 339,532 shares of company stock valued at $119,504,341 in the last 90 days. Corporate insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Advanced Micro Devices

Institutional investors and hedge funds have recently modified their holdings of the company. Impax Asset Management Group plc lifted its position in Advanced Micro Devices by 326.5% in the 3rd quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer’s stock worth $8,424,000 after buying an additional 39,861 shares during the last quarter. Jefferies Financial Group Inc. grew its position in Advanced Micro Devices by 6,228.8% during the fourth quarter. Jefferies Financial Group Inc. now owns 308,021 shares of the semiconductor manufacturer’s stock valued at $65,966,000 after acquiring an additional 303,154 shares during the last quarter. Williamson Legacy Group LLC purchased a new position in shares of Advanced Micro Devices during the fourth quarter worth approximately $1,118,000. Thoroughbred Financial Services LLC raised its stake in shares of Advanced Micro Devices by 8.8% during the fourth quarter. Thoroughbred Financial Services LLC now owns 32,827 shares of the semiconductor manufacturer’s stock worth $7,030,000 after acquiring an additional 2,654 shares in the last quarter. Finally, Zweig DiMenna Associates LLC lifted its holdings in shares of Advanced Micro Devices by 127.6% in the 3rd quarter. Zweig DiMenna Associates LLC now owns 72,602 shares of the semiconductor manufacturer’s stock worth $11,746,000 after acquiring an additional 40,708 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Company Profile

(Get 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.