Turtle Creek Wealth Advisors LLC lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 20.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,158 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,922 shares during the period. Turtle Creek Wealth Advisors LLC’s holdings in Advanced Micro Devices were worth $2,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently added to or reduced their stakes in AMD. Brighton Jones LLC raised its position in shares of Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after acquiring an additional 29,438 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after acquiring an additional 234 shares during the period. Sivia Capital Partners LLC grew its position in shares of Advanced Micro Devices by 125.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after acquiring an additional 2,970 shares during the period. United Bank increased its stake in shares of Advanced Micro Devices by 22.0% in the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock valued at $1,881,000 after purchasing an additional 2,392 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its stake in shares of Advanced Micro Devices by 361.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock valued at $1,310,000 after purchasing an additional 7,228 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.
Advanced Micro Devices Price Performance
NASDAQ:AMD opened at $517.82 on Friday. Advanced Micro Devices, Inc. has a 12 month low of $133.50 and a 12 month high of $584.73. The stock has a 50 day moving average of $466.47 and a two-hundred day moving average of $305.82. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The firm has a market cap of $844.36 billion, a P/E ratio of 169.78, a price-to-earnings-growth ratio of 1.59 and a beta of 2.47.
Trending Headlines about Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AMD continues to benefit from strong Wall Street support, with multiple reports citing rising price targets and bullish analyst views on its AI/data center opportunity. What’s Going on With AMD Stock Thursday?
- Positive Sentiment: The company also announced Versal Premium Gen 2 adaptive SoCs for AI, networking, defense, and aerospace markets, underscoring AMD’s push to expand beyond CPUs and GPUs into more specialized high-growth areas. AMD (AMD) Unveils Versal Premium Gen 2 For AI And Aerospace Markets
- Positive Sentiment: Several commentary pieces argue the recent selloff may be a buying opportunity, with some analysts still maintaining very high targets around AMD’s AI-driven growth. Should Investors Buy AMD Stock after the Selloff? Here’s What Wall Street Thinks
- Neutral Sentiment: Broader semiconductor sentiment remains mixed: some articles highlight continued AI-chip strength and long-term demand, while others note the entire chip sector is cooling after a powerful second-quarter rally. Chip stocks that notched record rallies in second quarter start Q3 with a dud
- Negative Sentiment: AMD is being hit by a post-rally pullback and valuation worries, with investors questioning how much upside is left after the stock’s massive AI-driven run. 1 Major Warning Flag AMD and Intel Investors Can’t Afford to Ignore
- Negative Sentiment: The biggest near-term drag appears to be a market reaction to Meta-related AI compute news, which sparked a selloff across chip names and raised concern that AI infrastructure pricing power may be less durable than expected. Why Is AMD Stock Down Today, 7/1/26?
Insider Transactions at Advanced Micro Devices
In related news, Director Nora Denzel sold 8,626 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total value of $4,502,772.00. Following the completion of the transaction, the director directly owned 87,173 shares of the company’s stock, valued at approximately $45,504,306. This represents a 9.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paul Darren Grasby sold 24,376 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $444.39, for a total value of $10,832,450.64. Following the completion of the transaction, the executive vice president owned 105,222 shares in the company, valued at $46,759,604.58. The trade was a 18.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 378,032 shares of company stock worth $161,876,596 in the last quarter. 0.50% of the stock is owned by insiders.
Analysts Set New Price Targets
A number of brokerages have issued reports on AMD. Melius Research set a $540.00 price target on Advanced Micro Devices in a research report on Monday, May 18th. The Goldman Sachs Group upgraded Advanced Micro Devices from a “buy” rating to a “buy” rating in a research report on Friday, June 12th. KeyCorp upped their target price on Advanced Micro Devices from $330.00 to $530.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Benchmark increased their target price on Advanced Micro Devices from $325.00 to $485.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Royal Bank Of Canada lifted their price target on shares of Advanced Micro Devices from $325.00 to $400.00 and gave the company a “sector perform” rating in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $448.78.
View Our Latest Analysis on Advanced Micro Devices
Advanced Micro Devices Company 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.
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