Harfst & Associates Inc. Has $4.72 Million Stock Holdings in Advanced Micro Devices, Inc. $AMD

Posted by Brian Himes on Jun 3rd, 2026

Harfst & Associates Inc. trimmed its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 9.9% during the fourth quarter, Holdings Channel reports. The firm owned 22,031 shares of the semiconductor manufacturer’s stock after selling 2,421 shares during the quarter. Advanced Micro Devices comprises about 0.9% of Harfst & Associates Inc.’s holdings, making the stock its 18th largest position. Harfst & Associates Inc.’s holdings in Advanced Micro Devices were worth $4,718,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of Advanced Micro Devices by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock valued at $33,949,256,000 after purchasing an additional 2,525,109 shares during the period. State Street Corp lifted its stake in shares of Advanced Micro Devices by 2.4% in the 3rd quarter. State Street Corp now owns 73,824,441 shares of the semiconductor manufacturer’s stock valued at $11,944,056,000 after purchasing an additional 1,755,182 shares during the period. Geode Capital Management LLC lifted its stake in shares of Advanced Micro Devices by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock valued at $8,015,897,000 after purchasing an additional 287,525 shares during the period. Norges Bank acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at about $4,929,312,000. Finally, Amundi lifted its stake in shares of Advanced Micro Devices by 17.5% in the 3rd quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer’s stock valued at $2,181,937,000 after purchasing an additional 2,012,865 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $521.54 on Wednesday. Advanced Micro Devices, Inc. has a one year low of $113.28 and a one year high of $527.20. The firm has a market capitalization of $850.42 billion, a price-to-earnings ratio of 171.00, a PEG ratio of 1.50 and a beta of 2.50. The business has a 50-day simple moving average of $333.88 and a 200 day simple moving average of $257.70. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The business had revenue of $10.25 billion during the quarter, compared to analyst estimates of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The firm’s revenue was up 37.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.96 EPS. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Advanced Micro Devices News Roundup

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

Positive Sentiment: AMD’s latest catalyst is the ramp of its 2nm EPYC “Venice” server processor production, which reinforces the company’s role in the data-center AI buildout and supports the bullish move in the shares. Why Advanced Micro Devices (AMD) Is Up 10.4% After Launching 2nm EPYC Venice Production
Positive Sentiment: AMD also gained attention after joining DriveNets’ $410 million funding round, signaling further investment in AI networking infrastructure and broadening its exposure beyond chips alone. AMD Joins DriveNets Funding Round
Positive Sentiment: A top Cowen analyst reiterated a bullish stance after meeting with CEO Lisa Su, which adds to investor confidence that AMD’s AI and server roadmap remains compelling. Top Cowen Analyst Pounds the Table on AMD Stock After Meeting With Lisa Su
Neutral Sentiment: AMD presented at the Bank of America 2026 Global Technology Conference, but no major new financial guidance or product surprise was highlighted in the transcript. Advanced Micro Devices, Inc. (AMD) Presents at Bank of America 2026 Global Technology Conference Transcript
Negative Sentiment: Director Nora Denzel disclosed two recent stock sales, including a larger June 2 transaction, which can weigh on sentiment because insider selling sometimes signals caution or profit-taking after a sharp rally. SEC Form 4 filing
Negative Sentiment: AMD also faces renewed competition after Nvidia’s new RTX Spark PC chip announcement sparked rotation away from AMD and pressured semiconductor peers, raising concerns about market-share competition in PCs and AI devices. NVIDIA Sends Message With RTX Spark: This is What it Says

Analysts Set New Price Targets

A number of research analysts have recently issued reports on AMD shares. Truist Financial set a $478.00 price objective on Advanced Micro Devices in a research note on Wednesday, May 6th. Royal Bank Of Canada boosted their target price on Advanced Micro Devices from $325.00 to $400.00 and gave the company a “sector perform” rating in a research report on Wednesday, May 6th. KeyCorp boosted their target price on Advanced Micro Devices from $330.00 to $530.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Bank of America boosted their target price on Advanced Micro Devices from $450.00 to $500.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Finally, TD Cowen boosted their target price on Advanced Micro Devices from $500.00 to $600.00 and gave the company a “buy” rating in a research report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $419.86.

Read Our Latest Research Report on Advanced Micro Devices

Insider Activity

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer directly owned 3,021,899 shares of the company’s stock, valued at approximately $1,346,286,223.49. The trade was a 3.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total value of $8,406,691.80. Following the sale, the executive vice president directly owned 324,527 shares of the company’s stock, valued at $140,000,947.80. This represents a 5.66% 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. In the last three months, insiders sold 339,532 shares of company stock worth $119,504,341. Company insiders own 0.50% of the company’s stock.

Advanced Micro Devices Company 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.