Golden Road Advisors LLC Makes New Investment in Advanced Micro Devices, Inc. $AMD

Golden Road Advisors LLC acquired a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 988 shares of the semiconductor manufacturer’s stock, valued at approximately $201,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Advanced Micro Devices by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock worth $33,949,256,000 after buying an additional 2,525,109 shares during the last quarter. State Street Corp lifted its position in Advanced Micro Devices by 1.5% during the 4th quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer’s stock worth $16,044,712,000 after acquiring an additional 1,094,835 shares during the period. Geode Capital Management LLC grew its stake in shares of Advanced Micro Devices by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock valued at $8,015,897,000 after purchasing an additional 287,525 shares during the last quarter. Norges Bank acquired a new position in shares of Advanced Micro Devices in the fourth quarter valued at approximately $4,929,312,000. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Advanced Micro Devices by 0.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer’s stock valued at $4,352,864,000 after purchasing an additional 55,969 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 6,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $536.33, for a total transaction of $3,217,980.00. Following the completion of the transaction, the executive vice president directly owned 1,233,687 shares in the company, valued at approximately $661,663,348.71. This trade represents a 0.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 company’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 completion of the sale, the director directly owned 87,173 shares in the company, valued at $45,504,306. This trade represents a 9.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 374,739 shares of company stock worth $161,135,671 in the last 90 days. Insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on AMD shares. Barclays downgraded Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a report on Friday, June 12th. The Goldman Sachs Group upped their price objective on shares of Advanced Micro Devices from $450.00 to $640.00 and gave the stock a “buy” rating in a research report on Monday. Rosenblatt Securities lifted their target price on shares of Advanced Micro Devices from $300.00 to $490.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Seaport Research Partners raised shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 price target for the company in a report on Wednesday, May 6th. Finally, Melius Research set a $540.00 price objective on shares of Advanced Micro Devices in a research report on Monday, May 18th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $453.92.

Key Advanced Micro Devices News

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

• Positive Sentiment: Goldman Sachs and Wells Fargo both raised their AMD price targets, citing stronger-than-expected server CPU demand and continued upside from AMD’s EPYC/data center business. Goldman Sachs resets AMD stock price target for the rest of 2026
• Positive Sentiment: AMD announced a new autonomous-driving customer, Turing, and said the startup is using AMD GPUs for part of its AI training, adding another real-world use case for its AI accelerators. AMD Just Scored a New Autonomous Driving Customer. It’s Aiming at Nvidia in Another Arena.
• Positive Sentiment: Recent coverage highlighted AMD’s expanding AI footprint, including Ryzen AI momentum and the stock’s growing appeal as investors look for more upside in data center and AI-related chips. AMD Ryzen Strengthens Agentic AI Footprint: More Upside Ahead?
• Neutral Sentiment: AMD’s recent gains and valuation remain a focal point, with commentary noting the stock has run far enough that investors are debating whether much of the AI upside is already reflected in the share price. Will AMD Be a $1 Trillion Company Before 2026 Is Over?
• Negative Sentiment: The main pressure on AMD came from a broad chip-sector pullback, with tech and AI stocks selling off on profit-taking and worries about stretched valuations. Here’s Why Advanced Micro Devices (AMD) Fell More Than Broader Market
• Negative Sentiment: Michael Burry’s reported short bets against Nvidia, Micron, and AMD added to cautious sentiment around the AI infrastructure trade. Michael Burry Just Revealed His Next Big Short, and It’s a Bet Against Nvidia, Micron, and AMD

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $516.11 on Wednesday. The stock has a fifty day moving average price of $479.06 and a 200 day moving average price of $312.66. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. The stock has a market cap of $841.57 billion, a PE ratio of 169.22, a P/E/G ratio of 1.63 and a beta of 2.47. Advanced Micro Devices, Inc. has a 1 year low of $135.91 and a 1 year high of $584.73.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $9.90 billion. During the same quarter in the prior year, the company earned $0.96 earnings per share. Advanced Micro Devices’s revenue was up 37.8% compared to the same quarter last year. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.15 earnings per share for the current fiscal year.

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.