Advanced Micro Devices, Inc.

NASDAQ Global Select
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Bullish +72

4WEALTH Advisors Inc. Sells 1,320 Shares of Advanced Micro Devices, Inc ...

📉 4WEALTH Advisors Inc. reduced its AMD position by 38% to hold 2,157 shares valued at $423,000.

📈 Brighton Jones LLC increased its stake by 178.2%, now owning 45,956 shares worth $5.55 million.

📈 Schnieders Capital Management raised its position by 361% to own 9,230 shares valued at $1.31 million.

📊 Institutional ownership of AMD remains robust at 71.34% across various major funds.

🎯 Rosenblatt Securities raised its price target to $490 and maintained a 'buy' rating.

🎯 Wells Fargo increased its price target to $615 with an 'overweight' rating.

🎯 Morgan Stanley boosted its target to $410 while assigning an 'equal weight' rating.

💰 AMD reported quarterly revenue of $10.25 billion, a 37.8% increase year-over-year.

💵 Earnings per share reached $1.37, beating analyst consensus estimates by $0.08.

📉 Net margins improved to 13.37% with a return on equity of 9.55%.

🏦 The company maintains a strong balance sheet with a debt-to-equity ratio of 0.04.

📈 Stock price is trading above both its 50-day ($466.47) and 200-day ($305.82) moving averages.

👔 Director Nora Denzel sold $4.5 million in shares, reducing her stake by 9%.

👔 EVP Forrest Eugene Norrod sold $8.4 million in shares under a Rule 10b5-1 plan.

📉 Total insider sales reached $161.87 million over the last three months.

🏆 The consensus analyst rating is 'Moderate Buy' with an average price target of $448.78.

🔍 MarketBeat data shows 32 buy ratings versus only one sell rating for the stock.

💻 AMD operates as a fabless semiconductor designer with products including Ryzen, EPYC, and Radeon.

📅 The company last posted earnings results on Tuesday, May 5th.

📈 Market capitalization stands at $844.36 billion with a P/E ratio of 169.78.

Bullish Signals
  • Brighton Jones LLC significantly increased its position by 178.2% to own nearly 46,000 shares valued at $5.55 million.
  • Schnieders Capital Management raised its stake by 361% to hold 9,230 shares worth $1.31 million.
  • Rosenblatt Securities boosted its price target from $300 to $490 and reaffirmed a 'buy' rating.
  • Wells Fargo & Company raised its price target from $505 to $615 with an 'overweight' rating.
  • Morgan Stanley increased its price target from $360 to $410 while maintaining an 'equal weight' rating.
  • AMD reported quarterly revenue of $10.25 billion, representing a 37.8% year-over-year increase.
  • The company beat earnings per share estimates by $0.08, reporting $1.37 EPS versus the consensus of $1.29.
  • Net margins expanded to 13.37%, demonstrating improved profitability on revenue growth.
  • Analyst consensus is a 'Moderate Buy' with an average price target of $448.78, supported by 32 buy ratings.
  • The stock trades above its 50-day moving average ($466.47) and 200-day moving average ($305.82).
Risk Factors
  • Director Nora Denzel sold 8,626 shares worth $4.5 million, reducing her personal stake by 9%.
  • EVP Forrest Eugene Norrod sold 19,487 shares worth $8.4 million under a pre-arranged trading plan.
  • Corporate insiders collectively sold $161.87 million in stock over the last three months.
Full Analysis
Institutional investors have shown mixed activity regarding Advanced Micro Devices (AMD) in recent quarters. While 4WEALTH Advisors Inc. reduced its position by 38% to hold 2,157 shares worth $423,000, several other funds significantly increased their stakes. Brighton Jones LLC surged its holdings by 178.2% to own nearly 46,000 shares valued at $5.55 million, and Schnieders Capital Management raised its position by 361%. Collectively, institutional ownership remains high at 71.34%, indicating continued strong interest from major capital allocators despite the trimming by some smaller funds. Analyst sentiment for AMD is overwhelmingly positive, with multiple major firms raising price targets and maintaining buy ratings. Rosenblatt Securities boosted its target to $490, Wells Fargo raised its target to $615, and Morgan Stanley increased its target to $410. The consensus rating stands as a 'Moderate Buy' with an average price target of $448.78. Analysts have issued 32 buy ratings compared to only one sell rating, reflecting strong confidence in the company's near-term prospects and valuation. Fundamental performance data supports the bullish analyst outlook, with AMD recently beating earnings expectations. The company reported quarterly revenue of $10.25 billion, a 37.8% year-over-year increase that surpassed the consensus estimate of $9.90 billion. Earnings per share reached $1.37, beating estimates by $0.08, while net margins improved to 13.37%. The stock currently trades at a P/E ratio of 169.78 with a market capitalization of $844.36 billion, trading above its 50-day and 200-day moving averages. Insider trading activity shows some profit-taking but maintains significant insider ownership. Director Nora Denzel sold shares worth approximately $4.5 million, while EVP Forrest Eugene Norrod sold nearly $8.4 million under a pre-arranged trading plan. Despite these sales, insiders collectively own 0.50% of the company's stock, and corporate governance remains intact with a strong balance sheet characterized by a debt-to-equity ratio of just 0.04.