Advanced Micro Devices, Inc. $AMD Holdings Cut by X Square Capital LLC

X Square Capital LLC decreased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 27.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 45,008 shares of the semiconductor manufacturer’s stock after selling 17,259 shares during the period. Advanced Micro Devices makes up about 3.2% of X Square Capital LLC’s investment portfolio, making the stock its 4th biggest position. X Square Capital LLC’s holdings in Advanced Micro Devices were worth $9,639,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Joseph Group Capital Management bought a new stake in shares of Advanced Micro Devices in the fourth quarter worth $25,000. Sarver Vrooman Wealth Advisors bought a new stake in Advanced Micro Devices during the fourth quarter valued at $27,000. Basepoint Wealth LLC bought a new stake in Advanced Micro Devices during the fourth quarter valued at $30,000. Aviso Financial Inc. increased its stake in Advanced Micro Devices by 400.0% during the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after purchasing an additional 160 shares during the last quarter. Finally, Delos Wealth Advisors LLC increased its stake in Advanced Micro Devices by 100.0% during the third quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD announced up to £2 billion in UK investment to expand AI innovation, supercomputing, and research partnerships, which could strengthen its long-term growth story. AMD Commits up to £2 Billion to Accelerate AI Innovation and Research in the United Kingdom
• Positive Sentiment: Mizuho lifted its AMD price target to $615 and kept an Outperform rating, reflecting confidence in continued AI infrastructure demand. Mizuho Raises AMD Target, Citing Continued AI Infrastructure Growth
• Positive Sentiment: AMD is drawing more bullish commentary as investors focus on its AI roadmap, earnings momentum, and potential to become a much larger AI infrastructure beneficiary. Will AMD Stock Hit a $1 Trillion Market Cap in 2026?
• Neutral Sentiment: Recent articles also note broad enthusiasm for AI chipmakers after a sector pullback, but that support is more about market sentiment than AMD-specific fundamentals. Why Is AMD Stock Gaining Monday?
• Negative Sentiment: One risk investors are watching is valuation: after a sharp run-up, some coverage says AMD’s stock now needs exceptionally fast earnings growth to justify current expectations. AMD’s Bold AI Push Could Unlock Massive Growth, But the Risks Are Also Serious

Advanced Micro Devices Stock Up 5.1%

AMD stock opened at $490.33 on Tuesday. Advanced Micro Devices, Inc. has a 52 week low of $115.06 and a 52 week high of $546.44. The company has a market capitalization of $799.53 billion, a price-to-earnings ratio of 160.76, a price-to-earnings-growth ratio of 1.37 and a beta of 2.50. The firm’s 50-day moving average is $364.09 and its two-hundred day moving average is $266.99. 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 (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $9.90 billion. During the same period in the previous year, the firm earned $0.96 EPS. Advanced Micro Devices’s revenue was up 37.8% on a year-over-year basis. On average, analysts forecast that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Weiss Ratings upgraded shares of Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. The Goldman Sachs Group raised shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and boosted their price target for the company from $240.00 to $450.00 in a report on Wednesday, May 6th. DA Davidson boosted their price target on shares of Advanced Micro Devices from $375.00 to $425.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Piper Sandler reissued an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Finally, Susquehanna boosted their price target on shares of Advanced Micro Devices from $375.00 to $450.00 and gave the company a “positive” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $419.86.

Insider Activity at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 31,320 shares of the firm’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $350.00, for a total transaction 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. This trade represents a 2.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the transaction, the director owned 87,173 shares of the company’s stock, valued at approximately $45,504,306. This trade represents a 9.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 339,532 shares of company stock worth $119,504,341 in the last three months. Insiders own 0.50% of the company’s stock.

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.