Advanced Micro Devices, Inc. (NASDAQ:AMD - Get Free Report) EVP Mark Papermaster sold 31,320 shares of Advanced Micro Devices stock in a transaction on Friday, April 24th. The shares were sold at an average price of $350.00, for a total value of $10,962,000.00. Following the completion of the transaction, the executive vice president owned 1,236,037 shares in the company, valued at approximately $432,612,950. The trade was a 2.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Advanced Micro Devices Trading Down 3.4%
Shares of AMD opened at $323.21 on Wednesday. Advanced Micro Devices, Inc. has a 52-week low of $91.87 and a 52-week high of $352.99. The business's fifty day moving average is $226.75 and its 200-day moving average is $226.58. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. The firm has a market cap of $526.94 billion, a price-to-earnings ratio of 121.97, a PEG ratio of 1.21 and a beta of 1.96.
Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping analysts' consensus estimates of $1.32 by $0.21. The business had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.Advanced Micro Devices's quarterly revenue was up 34.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.09 EPS. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 5.78 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the company. Mizuho boosted their price objective on Advanced Micro Devices from $275.00 to $280.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 25th. Northland Securities restated a "market perform" rating and set a $260.00 price objective on shares of Advanced Micro Devices in a research report on Monday. Sanford C. Bernstein boosted their price objective on Advanced Micro Devices from $235.00 to $265.00 and gave the stock a "market perform" rating in a research report on Thursday, April 16th. Stifel Nicolaus boosted their price objective on Advanced Micro Devices from $280.00 to $320.00 and gave the stock a "buy" rating in a research report on Monday, April 20th. Finally, Phillip Securities upgraded Advanced Micro Devices from a "moderate buy" rating to a "strong-buy" rating in a research report on Sunday, February 8th. One analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $295.46.
Get Our Latest Research Report on Advanced Micro Devices
Key Stories Impacting Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Large hyperscaler demand signal — disclosures in coverage point to a major Meta commitment (multi-gigawatt deployment of AMD GPUs), which reduces near-term demand-concentration risk and supports revenue visibility. Meta Invests in AMD Chips
- Positive Sentiment: Product / event roadmap ahead — AMD announced its “Advancing AI 2026” developer event (July 23), a platform to debut next‑gen Instinct GPUs and EPYC roadmaps that could re-accelerate sentiment. Advancing AI 2026 Announcement
- Positive Sentiment: Options and institutional flows show support — market commentary notes heavy institutional ownership and options activity that buys downside protection while leaving upside call exposure, suggesting traders are hedging rather than abandoning positions. AMD MarketBeat Profile
- Neutral Sentiment: Insider sale executed under a 10b5‑1 plan — EVP Mark Papermaster sold ~31,320 shares at ~$350 each; filings show the trade was pre‑arranged, which reduces the negative signal versus opportunistic selling. Papermaster Form 4
- Neutral Sentiment: Key event: Q1 earnings due May 5 — Street consensus expects continued growth and AMD’s history of beats gives the company a path to arrest the pullback, but results will be the near-term price catalyst. Zacks: AMD Earnings Preview
- Neutral Sentiment: Mixed analyst stance — some firms (Citi) remain neutral/hold on valuation grounds; that stabilizes expectations but keeps upside contingent on execution. Citi Hold Note
- Negative Sentiment: OpenAI miss sparks sector selloff — reports that OpenAI missed internal user/revenue targets triggered broad concern about AI infrastructure spending, directly weighing on AMD and other AI‑chip suppliers. That is the primary driver of today’s weakness. Blockonomi: OpenAI Shortfall
- Negative Sentiment: Analyst downgrade and profit‑taking — Northland’s cut to Market Perform ($260 PT) and recent large ARK/other institutional trimming have amplified selling pressure after a rapid rally. Barchart: Analyst Downgrade Yahoo: ARK Sells AMD
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of AMD. Joseph Group Capital Management acquired a new position in Advanced Micro Devices during the 4th quarter worth about $25,000. ORG Wealth Partners LLC lifted its holdings in Advanced Micro Devices by 39.7% during the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer's stock worth $26,000 after buying an additional 46 shares during the period. Koesten Hirschmann & Crabtree INC. lifted its holdings in Advanced Micro Devices by 61.0% during the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock worth $26,000 after buying an additional 61 shares during the period. Sarver Vrooman Wealth Advisors acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at about $27,000. Finally, Cornerstone Financial Management LLC acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at about $27,000. 71.34% of the stock is owned by institutional investors and hedge funds.
About Advanced Micro Devices
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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.
Further Reading
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