Daiwa Securities Group Inc. Acquires 37,358 Shares of Advanced Micro Devices, Inc. $AMD

Daiwa Securities Group Inc. raised its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 513,846 shares of the semiconductor manufacturer’s stock after acquiring an additional 37,358 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Advanced Micro Devices were worth $110,046,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. Sittner & Nelson LLC grew its position in Advanced Micro Devices by 4.9% in the 4th quarter. Sittner & Nelson LLC now owns 2,481 shares of the semiconductor manufacturer’s stock valued at $517,000 after acquiring an additional 115 shares during the last quarter. State of Wyoming grew its position in shares of Advanced Micro Devices by 330.6% during the 4th quarter. State of Wyoming now owns 4,250 shares of the semiconductor manufacturer’s stock worth $910,000 after buying an additional 3,263 shares in the last quarter. Crescent Grove Advisors LLC grew its position in shares of Advanced Micro Devices by 5.6% during the 4th quarter. Crescent Grove Advisors LLC now owns 5,627 shares of the semiconductor manufacturer’s stock worth $1,205,000 after buying an additional 300 shares in the last quarter. TD Asset Management Inc grew its position in shares of Advanced Micro Devices by 5.5% during the 4th quarter. TD Asset Management Inc now owns 1,360,086 shares of the semiconductor manufacturer’s stock worth $291,276,000 after buying an additional 70,856 shares in the last quarter. Finally, Intellectus Partners LLC grew its position in shares of Advanced Micro Devices by 21.7% during the 4th quarter. Intellectus Partners LLC now owns 12,573 shares of the semiconductor manufacturer’s stock worth $2,693,000 after buying an additional 2,244 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Barclays raised its price target on AMD to $665, reinforcing the bullish case that rising CPU demand tied to agentic AI could drive further upside. CPU Demand Rapidly Rising Amid Expanding Agentic AI, Says Barclays, Raises PT On Advanced Micro (AMD) To $665
• Positive Sentiment: Analysts remain constructive on AMD’s AI infrastructure role, with recent reports highlighting strong demand for EPYC and Instinct chips and continued institutional buying support. Why Is Advanced Micro (AMD) Up 28.8% Since Last Earnings Report?
• Positive Sentiment: TSMC reiterated that AI chip demand remains strong and supply will stay tight for years, a favorable backdrop for AMD’s foundry-dependent growth plans. TSMC CEO Warns Chip Supply Won’t Meet AI-Fueled Demand for Years
• Neutral Sentiment: AMD’s recent rally has left the stock extended, and technical commentary notes it is trading near highs with overbought conditions, which can amplify volatility. What Is Going On With AMD Stock On Thursday?
• Negative Sentiment: Broadcom’s disappointing AI guidance dragged down the semiconductor group and triggered short-term selling in AMD shares as investors reassessed the pace of AI demand. Broadcom rout hits Micron, AMD, others: AI demand, memory-chip cycle under focus
• Negative Sentiment: Sentiment was also tempered by reports of insider selling, including director Nora Denzel’s recent share sales near the stock’s highs, which may be viewed as profit-taking after a strong run. Advanced Micro Devices (NASDAQ:AMD) Director Nora Denzel Sells 1,821 Shares

Advanced Micro Devices Price Performance

Shares of AMD stock opened at $523.20 on Friday. Advanced Micro Devices, Inc. has a 1-year low of $114.71 and a 1-year high of $546.44. The stock’s 50-day moving average is $353.43 and its 200 day moving average is $263.57. The company has a market cap of $853.13 billion, a P/E ratio of 171.54, a PEG ratio of 1.60 and a beta of 2.50. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The company had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $9.90 billion. During the same quarter last year, the company earned $0.96 earnings per share. The firm’s revenue for the quarter was up 37.8% compared to the same quarter last year. Research analysts predict that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $445.51, for a total value of $55,688,750.00. Following the completion of the sale, the chief executive officer directly owned 3,021,899 shares in the company, valued at approximately $1,346,286,223.49. This trade represents a 3.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total value of $8,406,691.80. Following the completion of the sale, the executive vice president owned 324,527 shares of the company’s stock, valued at approximately $140,000,947.80. This trade represents a 5.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 339,532 shares of company stock valued at $119,504,341 in the last 90 days. 0.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Weiss Ratings raised Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Rosenblatt Securities increased their price target on Advanced Micro Devices from $300.00 to $490.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Citigroup increased their price target on Advanced Micro Devices from $358.00 to $460.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. The Goldman Sachs Group raised Advanced Micro Devices from a “neutral” rating to a “buy” rating and increased their price target for the stock from $240.00 to $450.00 in a research report on Wednesday, May 6th. Finally, Barclays increased their price target on Advanced Micro Devices from $500.00 to $665.00 and gave the stock an “overweight” rating in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $419.86.

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.