Trinity Street Asset Management LLP Makes New Investment in Advanced Micro Devices, Inc. $AMD

Trinity Street Asset Management LLP acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 35,574 shares of the semiconductor manufacturer’s stock, valued at approximately $7,619,000. Advanced Micro Devices accounts for 0.5% of Trinity Street Asset Management LLP’s investment portfolio, making the stock its 21st biggest position.

Several other institutional investors also recently bought and sold shares of the company. HHM Wealth Advisors LLC raised its stake in Advanced Micro Devices by 2.4% during the third quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock worth $282,000 after acquiring an additional 40 shares during the period. HBK Sorce Advisory LLC raised its stake in Advanced Micro Devices by 0.3% during the third quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer’s stock worth $2,169,000 after acquiring an additional 43 shares during the period. Wilmington Savings Fund Society FSB raised its stake in Advanced Micro Devices by 0.5% during the third quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock worth $1,409,000 after acquiring an additional 43 shares during the period. Moseley Investment Management Inc. raised its stake in Advanced Micro Devices by 0.5% during the third quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock worth $1,437,000 after acquiring an additional 44 shares during the period. Finally, OneAscent Family Office LLC raised its stake in Advanced Micro Devices by 2.6% during the third quarter. OneAscent Family Office LLC now owns 1,755 shares of the semiconductor manufacturer’s stock worth $284,000 after acquiring an additional 44 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

More Advanced Micro Devices News

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

• Positive Sentiment: Broad rally + analyst praise: Market commentary notes AMD gained alongside a wider market rally and renewed analyst support, which boosted buying interest. Why Is AMD Stock Up Today 4/8/26?
• Positive Sentiment: AI/data‑center demand thesis: Coverage highlighting “agentic AI” projects and gigawatt‑scale data center deals supports expectations for accelerating data‑center revenue and underpins bullish sentiment. AMD’s Stock Momentum Climbs As ‘Agentic AI’ And Gigawatt Megadeals Fuel Surge
• Positive Sentiment: Analyst support and high targets: Multiple bullish analyst notes (e.g., Wells Fargo reiterating Overweight and other buy-side views) add conviction to the rally and attract momentum flows. Wells Fargo Maintains Overweight Rating for Advanced Micro Devices (AMD)
• Positive Sentiment: Industry validation for hardware demand: Reports that major contract manufacturers and suppliers are seeing strong AI server/memory demand support the view that AMD benefits from a broader hardware boom. Apple’s Silent Partner Just Validated the Hardware Boom (AMD)
• Positive Sentiment: Institutional flows: Fund filings and updates show some institutions adding AMD exposure, which can amplify upward moves. Fund Update: EASTERN BANK Just Disclosed New Holdings
• Neutral Sentiment: Upcoming catalyst — earnings date set: AMD scheduled Q1 FY2026 results for May 5 after the close; this event could produce volatility as investors reset forecasts. AMD to Report Fiscal First Quarter 2026 Financial Results
• Neutral Sentiment: Company investments into AI ecosystem: AMD-backed startup funding (e.g., CHAI AI) signals strategic AI partnerships but is more of a long‑term positive than an immediate revenue driver. CHAI AI – Hiring Engineers in Palo Alto, CA | FAQ
• Negative Sentiment: Insider and high‑profile selling: Notable sales reported (Cathie Wood selling and EVP Mark Papermaster sold shares under a 10b5‑1 plan) create headline risk and can pressure sentiment despite being planned or portfolio moves. Cathie Wood Sells AMD Mark Papermaster Form 4
• Negative Sentiment: Valuation & competitive risks: Some firms trimmed targets (Citigroup cut its target) and analysis points to longer‑term risk from hyperscalers shifting to custom Arm silicon, which could reduce demand for x86‑based server CPUs. Citigroup Lowers AMD Price Target Hyperscalers Shift To Arm Chips What It Means For AMD Valuation

Advanced Micro Devices Price Performance

Shares of AMD opened at $231.82 on Thursday. The firm has a market capitalization of $377.95 billion, a PE ratio of 87.48, a PEG ratio of 0.82 and a beta of 1.96. The company’s 50-day moving average is $208.21 and its 200-day moving average is $216.26. Advanced Micro Devices, Inc. has a fifty-two week low of $78.87 and a fifty-two week high of $267.08. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The company had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. During the same period in the prior year, the firm earned $1.09 earnings per share. The company’s revenue was up 34.1% on a year-over-year basis. Equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,442 shares of the firm’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $234.42, for a total value of $572,453.64. Following the transaction, the senior vice president directly owned 16,359 shares of the company’s stock, valued at $3,834,876.78. This trade represents a 12.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the completion of the sale, the executive vice president owned 289,098 shares in the company, valued at approximately $62,679,337.38. The trade was a 6.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 242,685 shares of company stock worth $50,757,308. Corporate insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Royal Bank Of Canada restated a “sector perform” rating and issued a $230.00 target price on shares of Advanced Micro Devices in a research report on Monday, March 16th. Mizuho increased their price objective on shares of Advanced Micro Devices from $275.00 to $280.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. DA Davidson upgraded shares of Advanced Micro Devices to a “hold” rating in a research report on Friday, February 13th. Morgan Stanley cut their target price on shares of Advanced Micro Devices from $260.00 to $255.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 4th. Finally, Evercore restated an “outperform” rating and issued a $358.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $290.19.

Advanced Micro Devices 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.