NewEdge Wealth LLC Sells 6,316 Shares of Advanced Micro Devices, Inc. $AMD

Posted by Brenda Bartman on Jul 25th, 2026

NewEdge Wealth LLC lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 29.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 15,232 shares of the semiconductor manufacturer’s stock after selling 6,316 shares during the quarter. NewEdge Wealth LLC’s holdings in Advanced Micro Devices were worth $3,099,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Daner Wealth Management LLC bought a new position in shares of Advanced Micro Devices in the first quarter worth approximately $221,000. CI Investments Inc. increased its position in shares of Advanced Micro Devices by 6.6% during the first quarter. CI Investments Inc. now owns 886,360 shares of the semiconductor manufacturer’s stock valued at $180,312,000 after acquiring an additional 54,721 shares in the last quarter. Marin Bay Wealth Advisors LLC increased its position in shares of Advanced Micro Devices by 17.0% during the first quarter. Marin Bay Wealth Advisors LLC now owns 1,662 shares of the semiconductor manufacturer’s stock valued at $338,000 after acquiring an additional 241 shares in the last quarter. Insight Advisors LLC PA raised its holdings in Advanced Micro Devices by 0.5% in the 1st quarter. Insight Advisors LLC PA now owns 19,337 shares of the semiconductor manufacturer’s stock worth $3,934,000 after acquiring an additional 94 shares during the last quarter. Finally, a16z Perennial Management L.P. raised its holdings in Advanced Micro Devices by 5.7% in the 1st quarter. a16z Perennial Management L.P. now owns 3,730 shares of the semiconductor manufacturer’s stock worth $759,000 after acquiring an additional 200 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on AMD. William Blair reiterated a “market perform” rating on shares of Advanced Micro Devices in a research note on Friday. TD Cowen boosted their price target on Advanced Micro Devices from $600.00 to $675.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Northland Securities reiterated a “market perform” rating and issued a $260.00 price objective on shares of Advanced Micro Devices in a report on Monday, April 27th. Truist Financial set a $478.00 target price on Advanced Micro Devices in a research report on Wednesday, May 6th. Finally, KeyCorp lifted their price target on shares of Advanced Micro Devices from $530.00 to $725.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $522.43.

Read Our Latest Research Report on Advanced Micro Devices

Insiders Place Their Bets

In related news, Director Nora Denzel sold 8,626 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00. Following the completion of the sale, 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 legal filing with the SEC, which can be accessed through this link. 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 transaction, the chief executive officer directly owned 2,896,899 shares in the company, valued at $1,334,572,400.31. This represents a 4.14% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 310,310 shares of company stock valued at $141,185,456. 0.50% of the stock is currently owned by corporate insiders.

Trending Headlines about Advanced Micro Devices

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

Positive Sentiment: AMD and Cerebras announced a technical partnership to combine Helios and Wafer-Scale Engine technology, aiming for faster, more efficient AI inference and up to 5x higher tokens per second per watt. AMD and Cerebras Announce Industry-Leading Ultra-Low-Latency and High Throughput AI Inference Solution
Positive Sentiment: Wedbush raised its price target to $600, and several other firms also boosted targets after AMD’s Advancing AI 2026 event, signaling stronger Wall Street confidence in AMD’s AI data center growth. AMD price target boosted on strengthening AI outlook
Positive Sentiment: Other commentary highlighted AMD’s new Helios AI rack system, expanded OpenAI and Anthropic-related demand, and multiple bullish analyst notes, all of which support the view that AMD is gaining share in AI infrastructure. AMD plans to invest to up $5 billion into Anthropic as it seeks to cut into Nvidia’s dominance
Neutral Sentiment: Short-interest data showed no meaningful change in practice, with reported short interest listed as zero shares, so this item does not appear to be a real trading catalyst.
Neutral Sentiment: The broader semiconductor sector pulled back on valuation and profit-taking concerns, which may be weighing on AMD even as company-specific AI news remains constructive. Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing?
Negative Sentiment: AMD also appeared in reports about an AI-chip selloff and weaker risk appetite, suggesting some investors are taking profits after the stock’s strong run. AI Memory Stocks Lead Chip Selloff

Advanced Micro Devices Stock Down 3.3%

Shares of AMD stock opened at $521.95 on Friday. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 12 month low of $149.22 and a 12 month high of $584.73. The stock has a market cap of $851.09 billion, a P/E ratio of 171.13, a P/E/G ratio of 1.57 and a beta of 2.47. The company has a 50 day simple moving average of $512.60 and a two-hundred day simple moving average of $340.69.

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. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The business had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. During the same quarter last year, the company posted $0.96 EPS. The company’s revenue was up 37.8% compared to the same quarter last year. On average, research analysts expect that Advanced Micro Devices, Inc. will post 6.25 earnings per share for the current year.

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.