Advanced Micro Devices, Inc. $AMD Shares Purchased by QRG Capital Management Inc.

05 May 2026, 08:27 by Teresa Graham · The Cerbat Gem

QRG Capital Management Inc. increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 9.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 209,884 shares of the semiconductor manufacturer’s stock after purchasing an additional 18,669 shares during the quarter. QRG Capital Management Inc.’s holdings in Advanced Micro Devices were worth $44,949,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Joseph Group Capital Management purchased a new stake in Advanced Micro Devices during the fourth quarter worth approximately $25,000. Koesten Hirschmann & Crabtree INC. increased its stake in Advanced Micro Devices by 61.0% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 61 shares during the last quarter. ORG Wealth Partners LLC increased its stake in Advanced Micro Devices by 39.7% in the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 46 shares during the last quarter. Key Capital Management INC purchased a new position in Advanced Micro Devices in the fourth quarter valued at approximately $38,000. Finally, PFS Partners LLC increased its stake in Advanced Micro Devices by 269.2% in the fourth quarter. PFS Partners LLC now owns 192 shares of the semiconductor manufacturer’s stock valued at $41,000 after purchasing an additional 140 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have commented on AMD. Evercore reiterated an “outperform” rating and issued a $358.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Piper Sandler reiterated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. The Goldman Sachs Group increased their price target on shares of Advanced Micro Devices from $210.00 to $240.00 and gave the company a “neutral” rating in a research note on Wednesday, February 25th. Morgan Stanley decreased their target price on 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, Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Micro Devices in a research report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average price target of $303.84.

Read Our Latest Stock Analysis on Advanced Micro Devices

Key Stories Impacting Advanced Micro Devices

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

Positive Sentiment: Major customer and partner traction in AI/data center deployments supports revenue growth prospects — Zyphra announced Zyphra Cloud powered by AMD Instinct MI355X GPUs, which validates demand for AMD accelerators. Zyphra and AMD Partner to Power Zyphra Cloud on AMD Instinct™ MI355X GPUs
Positive Sentiment: Expanded commercial footprint with data-center customers — reports show AMD doubled a data-center deal in the Denver area, signaling more capacity commitments that could lift Data Center revenue if supply keeps pace. AMD doubles data center footprint in deal with Denver-area company
Positive Sentiment: Analysts and previews expect strong Data Center results driven by EPYC/Instinct demand — previews highlight the potential for Q1 upside from AI-driven server and GPU sales. Can Strong Data Center Revenues Boost AMD’s Topline in Q1 Earnings?
Neutral Sentiment: Big earnings event and macro calendar — AMD reports Q1 after the close tomorrow; broad market and Fed speakers mean higher event-driven volatility and options-implied moves are pricing that in. AMD and Pfizer earnings, job openings, Fedspeak: What to Watch
Neutral Sentiment: Options/volatility and investor positioning are elevated — traders are pricing a large post-earnings move, making short-term swings likely regardless of results. AMD Stock Options Traders Are Pricing In a Whopping $55B Price Swing after Earnings
Negative Sentiment: Analyst downgrade and valuation concerns pressured the stock — HSBC cut AMD to Hold citing limited upside after a big rally, prompting selling into the earnings run-up. AMD stock slips as HSBC downgrade flags valuation concerns ahead of earnings
Negative Sentiment: Supply-chain and production limits are a near-term cap on upside — in-depth coverage warns CoWoS packaging bottlenecks and high multiples increase downside risk if AMD can’t quickly scale shipments. The Great Chip Divide: AI Chip War Pivots from Hype to Execution (MarketBeat overview)
Negative Sentiment: Notable insider/investor selling adds selling pressure — high-profile trims (including institutional moves and reported sales by some investors) feed concerns about near-term profit-taking. Cathie Wood Sheds Over $70M in AMD Stock, While Wall Street Remains Divided Ahead of Q1 Results

Insider Buying and Selling

In other news, EVP Paul Darren Grasby sold 7,500 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the completion of the transaction, the executive vice president directly owned 129,598 shares of the company’s stock, valued at approximately $26,550,742.26. This represents a 5.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Mark D. Papermaster sold 31,320 shares of the stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $350.00, for a total value of $10,962,000.00. Following the transaction, the executive vice president directly owned 1,236,037 shares of the company’s stock, valued at approximately $432,612,950. This trade represents a 2.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 304,672 shares of company stock valued at $70,135,070 over the last 90 days. Insiders own 0.50% of the company’s stock.

Advanced Micro Devices Stock Down 5.3%

Advanced Micro Devices stock opened at $341.54 on Tuesday. Advanced Micro Devices, Inc. has a twelve month low of $96.88 and a twelve month high of $362.79. The stock has a 50 day moving average of $232.51 and a two-hundred day moving average of $228.39. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $556.83 billion, a price-to-earnings ratio of 128.88, a PEG ratio of 1.30 and a beta of 2.40.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company had revenue of $10.27 billion during the quarter, compared to analysts’ expectations of $9.65 billion. During the same period last year, the firm earned $1.09 EPS. The firm’s revenue for the quarter was up 34.1% on a year-over-year basis. As a group, research analysts expect that Advanced Micro Devices, Inc. will post 5.82 earnings per share for the current year.

About Advanced Micro Devices

(Free Report)

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.