Trinity Street Asset Management LLP Buys 15,389 Shares of Advanced Micro Devices, Inc. $AMD

Posted by Brenda Bartman on Jul 1st, 2026

Trinity Street Asset Management LLP lifted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 43.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 50,963 shares of the semiconductor manufacturer’s stock after buying an additional 15,389 shares during the quarter. Advanced Micro Devices accounts for approximately 0.7% of Trinity Street Asset Management LLP’s holdings, making the stock its 21st largest position. Trinity Street Asset Management LLP’s holdings in Advanced Micro Devices were worth $10,367,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AMD. Jefferies Financial Group Inc. raised 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 purchasing an additional 303,154 shares during the period. Williamson Legacy Group LLC bought a new stake in shares of Advanced Micro Devices in the 4th quarter valued at approximately $1,118,000. Thoroughbred Financial Services LLC boosted its holdings in shares of Advanced Micro Devices by 8.8% in the 4th quarter. Thoroughbred Financial Services LLC now owns 32,827 shares of the semiconductor manufacturer’s stock worth $7,030,000 after purchasing an additional 2,654 shares during the period. Valtinson Bruner Financial Planning LLC purchased a new position in shares of Advanced Micro Devices in the 4th quarter worth approximately $1,523,000. Finally, Weaver Consulting Group bought a new position in shares of Advanced Micro Devices during the 4th quarter valued at approximately $246,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Forrest Eugene Norrod sold 19,487 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the transaction, the executive vice president directly owned 324,527 shares of the company’s stock, valued at approximately $140,000,947.80. This trade represents a 5.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total transaction of $57,586,250.00. Following the sale, the chief executive officer directly owned 2,896,899 shares of the company’s stock, valued at $1,334,572,400.31. This represents a 4.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 378,032 shares of company stock worth $161,876,596 over the last 90 days. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices Stock Performance

AMD stock opened at $580.91 on Wednesday. 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 business’s fifty day simple moving average is $456.48 and its two-hundred day simple moving average is $301.41. Advanced Micro Devices, Inc. has a twelve month low of $133.50 and a twelve month high of $584.73. The firm has a market cap of $947.23 billion, a price-to-earnings ratio of 190.46, a PEG ratio of 1.59 and a beta of 2.50.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The firm had revenue of $10.25 billion during the quarter, compared to analyst estimates 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 revenue was up 37.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.96 earnings per share. Analysts predict that Advanced Micro Devices, Inc. will post 6.15 earnings per share for the current year.

More Advanced Micro Devices News

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

Positive Sentiment: Wells Fargo raised its AMD price target to $615 from $505, citing stronger server CPU demand and better long-term visibility. Article Title
Positive Sentiment: More Wall Street firms are turning bullish on AMD as AI infrastructure spending broadens beyond Nvidia and into chip suppliers. Article Title
Positive Sentiment: AMD’s strong AI and data center growth narrative continues to attract momentum buyers and options traders. Article Title
Neutral Sentiment: AMD has seen unusually heavy insider selling over the past six months, which may temper some investor enthusiasm. Article Title

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. TD Cowen increased their price target on Advanced Micro Devices from $500.00 to $600.00 and gave the company a “buy” rating in a report on Monday, June 1st. Mizuho boosted their price objective on shares of Advanced Micro Devices from $515.00 to $615.00 and gave the company an “outperform” rating in a research report on Monday, June 1st. Barclays downgraded shares of Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research note on Friday, June 12th. Needham & Company LLC upgraded shares of Advanced Micro Devices to a “buy” rating in a report on Wednesday, May 6th. Finally, Evercore reaffirmed an “outperform” rating and set a $579.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, May 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $448.78.

Read Our Latest Research Report on Advanced Micro Devices

About Advanced Micro Devices

(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.