Gotham Asset Management Adds $12M in Advanced Micro Devices, Inc. ($AMD)

Gotham Asset Management has significantly increased its stake in Advanced Micro Devices, Inc. (NasdaqGS: AMD) according to its latest Form 13F filing with the SEC. As of the reporting period, the firm added 24,312 shares, boosting its holdings by 20% to a total of 144,845 shares. The value of this position is approximately $74 million.

What Changed in Gotham Asset Management's AMD Position

Gotham Asset Management's recent move saw its AMD holdings rise from 120,533 shares to 144,845 shares. This increase of 24,312 shares represents a 20% growth in its position, reflecting a substantial investment in the semiconductor company.

Other Institutional Activity in AMD

In the same period, BlackRock, Inc. trimmed its AMD holdings by 1,954,524 shares, ending with 145,574,284 shares valued at about $29.6 billion. Vanguard Capital Management LLC maintained its position, holding 105,940,266 shares worth $21.5 billion. State Street Corp slightly reduced its stake by 148,056 shares to 74,771,220 shares, valued at $15.2 billion. In contrast, Geode Capital Management, LLC increased its stake by 2,206,241 shares, reaching 39,791,086 shares valued at $8.1 billion.

AMD Stock Snapshot

Shares of AMD traded near $511.12. The company boasts a market cap of $834 billion, with a P/E ratio of 171.67 and a forward P/E of 39.04, indicating robust investor expectations. AMD's beta is 2.49, showing higher volatility compared to the market. The stock's 52-week range is between $115.06 and $546.44, with moving averages at $380.75 (50-day) and $252.21 (200-day).

Recent Earnings

AMD reported revenue of approximately $37.5 billion, with a growth rate of 37.8%. The company's net margin stands at 13.4%, and return on equity is 8.1%. Earnings per share were $2.98. The next earnings report is scheduled for May 5, 2026.

Insider Buying and Selling at Advanced Micro Devices, Inc.

Recent insider transactions include CEO Lisa Su's planned sale of 125,000 shares at an average price of $460.69 on June 10, 2026. Additionally, Su sold 30,000 shares on June 12, 2026. Other notable sales include Nora Denzel's sale of 8,626 shares at $522 on June 2, 2026, and Forrest Eugene Norrod's planned sale of 19,487 shares at $431.40 on May 20, 2026.

Analysts Set New Price Targets

Analysts have been active in setting new price targets for AMD. On June 12, 2026, Citigroup upgraded AMD to a 'buy' with a price target of $575. B of A Securities maintained a 'buy' rating with a $560 target on June 11, 2026. Barclays and TD Cowen both maintained their 'buy' ratings with targets of $665 and $600, respectively, on June 1, 2026. The consensus recommendation is a 'strong buy' with a mean target price of $483.94 based on 48 analyst opinions.

About Advanced Micro Devices, Inc.

Advanced Micro Devices, Inc. is a global semiconductor company based in Santa Clara, California. It operates in sectors like data center, client and gaming, and embedded systems. AMD provides a wide range of products, including microprocessors, GPUs, and AI accelerators, serving various markets such as cloud service providers and system integrators. The company is led by CEO Dr. Lisa T. Su and employs approximately 31,000 people.

Bottom Line

Gotham Asset Management's increased stake in AMD underscores the fund's confidence in the company's growth prospects. As a leading player in the semiconductor industry, AMD's stock performance and financial metrics continue to attract institutional interest. It's important to note that 13F filings reflect holdings as of the reporting period and may not represent current positions.