Advanced Micro Devices (AMD) stock has surged more than 95% this year as strong demand for AI data centers continues to boost sales of the company’s server CPUs (central processing units) and AI GPUs (graphics processing units). Just today, top Citi analyst Atif Malik raised his price target on AMD stock to $460 from $358 while maintaining a Neutral rating, citing growing demand for AI-driven server CPUs.
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Now, according to TipRanks’ ownership page, public companies and individual investors own 41.83% of AMD. They are followed by ETFs, mutual funds, other institutional investors, and insiders at 29.56%, 16.29%, 11.91%, and 0.41%, respectively.
Digging Deeper into AMD’s Ownership Structure
Looking closely at top shareholders, Vanguard owns the highest stake in AMD at 8.42%. Next up is Vanguard Index Funds, which holds a 6.83% stake in the company.
Among the top ETF holders, the Vanguard Total Stock Market ETF (VTI) owns a 3.18% stake in Advanced Micro Devices stock, followed by the Vanguard S&P 500 ETF (VOO), with a 2.59% stake.
Moving to mutual funds, Vanguard Index Funds holds about 6.83% of AMD. Meanwhile, Fidelity Concord Street Trust owns 1.75% of the company.
Is AMD a Buy or Sell Now?
According to TipRanks, AMD stock has a Moderate Buy consensus rating based on 27 Buys and eight Holds. The average AMD stock price target of $452.30 indicates a possible upside of 7.17% from current levels.
