Key Points
- AMD EVP Paul Darren Grasby sold 24,376 shares on May 8 at an average price of $444.39, totaling about $10.83 million. After the sale, he still held 105,222 shares, and the transaction reduced his ownership by 18.81%.
- AMD reported strong quarterly earnings, posting $1.37 EPS versus $1.29 expected and revenue of $10.25 billion versus $9.90 billion expected. Revenue rose 37.8% year over year, underscoring ongoing growth momentum.
- Analysts remain upbeat on AMD’s AI and data-center prospects, with Mizuho raising its price target to $515 and KeyBanc lifting its target to $530. Still, some firms are more cautious, highlighting continued debate over AMD’s premium valuation.
Advanced Micro Devices, Inc. (NASDAQ:AMD - Get Free Report) EVP Paul Darren Grasby sold 24,376 shares of the firm's stock in a transaction that occurred 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 of the company's stock, valued at approximately $46,759,604.58. This represents a 18.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Paul Darren Grasby also recently made the following trade(s):
- On Wednesday, March 11th, Paul Darren Grasby sold 7,500 shares of Advanced Micro Devices stock. The shares were sold at an average price of $204.87, for a total value of $1,536,525.00.
Advanced Micro Devices Stock Performance
AMD opened at $448.29 on Wednesday. Advanced Micro Devices, Inc. has a 12-month low of $107.67 and a 12-month high of $469.21. The stock has a market cap of $730.98 billion, a price-to-earnings ratio of 146.98, a PEG ratio of 1.41 and a beta of 2.40. The business has a 50 day moving average of $258.93 and a 200-day moving average of $236.36. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04.
Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released 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. The business had revenue of $10.25 billion during the quarter, compared to analysts' expectations 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 for the quarter was up 37.8% compared to the same quarter last year. During the same period last year, the firm posted $0.96 EPS. On average, equities research analysts expect that Advanced Micro Devices, Inc. will post 5.99 earnings per share for the current year.
Key Headlines Impacting Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Mizuho raised its price target on AMD to $515 from $415 and kept an Outperform rating, citing continued agentic AI server demand as a major tailwind. Mizuho Just Hiked AMD Price Target to $515: Agentic AI Server Demand Powers the Bull Case
- Positive Sentiment: KeyBanc also boosted its target to $530 from $330, reinforcing the view that AMD’s strong Q1 results and AI/data-center momentum could support further upside. Was Advanced Micro Devices (AMD) One of the Top “Blue Chip” Stocks Suddenly on Fire in April?
- Positive Sentiment: Recent commentary highlighted AMD’s blowout Q1 earnings, record data-center revenue, and new customer wins such as AI infrastructure deals with Meta Platforms and OpenAI, which strengthen the long-term growth story. AMD MI450 AI Deals With Meta And OpenAI Test Rich Valuation
- Neutral Sentiment: Northland Securities raised its earnings estimates for AMD’s 2027 periods, but kept only a Market Perform rating and a $260 target, showing that not all analysts agree with the stock’s premium valuation.
- Neutral Sentiment: AMD remains a heavily watched AI chip leader, with analysts and investors continuing to debate whether the stock’s valuation can be justified by growth in AI servers and CPUs. AMD Stock Remains a Top Pick for This Top Analyst – Here’s Why
- Negative Sentiment: Several reports said the broader chip trade cooled as investors took profits after a parabolic rally, pressuring AMD along with other semiconductor stocks.
- Negative Sentiment: Market chatter also pointed to insider and Cathie Wood-related selling, which may be adding to investor caution after the stock’s sharp advance.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Advanced Micro Devices by 12.8% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 212 shares of the semiconductor manufacturer's stock worth $43,000 after purchasing an additional 24 shares in the last quarter. Columbia Bank increased its stake in shares of Advanced Micro Devices by 0.7% during the 1st quarter. Columbia Bank now owns 5,188 shares of the semiconductor manufacturer's stock worth $1,055,000 after purchasing an additional 34 shares in the last quarter. Evolution Wealth Management Inc. increased its stake in shares of Advanced Micro Devices by 11.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 352 shares of the semiconductor manufacturer's stock worth $72,000 after purchasing an additional 35 shares in the last quarter. Focused Wealth Management Inc increased its stake in shares of Advanced Micro Devices by 2.7% during the 1st quarter. Focused Wealth Management Inc now owns 1,431 shares of the semiconductor manufacturer's stock worth $291,000 after purchasing an additional 37 shares in the last quarter. Finally, HHM Wealth Advisors LLC increased its stake in shares of Advanced Micro Devices by 2.4% during the 3rd quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer's stock worth $282,000 after purchasing an additional 40 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
AMD has been the topic of several recent analyst reports. Mizuho lifted their price target on Advanced Micro Devices from $415.00 to $515.00 and gave the company an "outperform" rating in a research note on Tuesday. Wolfe Research initiated coverage on Advanced Micro Devices in a research note on Wednesday, May 6th. They issued a "peer perform" rating on the stock. Weiss Ratings upgraded Advanced Micro Devices from a "hold (c)" rating to a "hold (c+)" rating in a research note on Wednesday, May 6th. China Renaissance initiated coverage on Advanced Micro Devices in a research note on Tuesday, January 13th. They issued a "buy" rating and a $291.00 price target on the stock. Finally, UBS Group set a $310.00 price target on Advanced Micro Devices in a research note on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat.com, Advanced Micro Devices has an average rating of "Moderate Buy" and an average price target of $391.54.
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Advanced Micro Devices Company Profile
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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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