Advanced Micro Devices, Inc. $AMD Shares Bought by Summa Corp.

Summa Corp. lifted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 20.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 129,670 shares of the semiconductor manufacturer’s stock after acquiring an additional 21,970 shares during the quarter. Advanced Micro Devices makes up about 9.2% of Summa Corp.’s portfolio, making the stock its 2nd biggest holding. Summa Corp.’s holdings in Advanced Micro Devices were worth $20,979,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in AMD. HBK Sorce Advisory LLC increased its holdings in shares of Advanced Micro Devices by 0.3% in the third quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer’s stock valued at $2,169,000 after purchasing an additional 43 shares during the last quarter. Moseley Investment Management Inc. lifted its stake in shares of Advanced Micro Devices by 0.5% during the 3rd quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock worth $1,437,000 after buying an additional 44 shares during the last quarter. ORG Wealth Partners LLC boosted its holdings in shares of Advanced Micro Devices by 39.7% during the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 46 shares during the period. Crowley Wealth Management Inc. grew its stake in Advanced Micro Devices by 6.3% in the 3rd quarter. Crowley Wealth Management Inc. now owns 792 shares of the semiconductor manufacturer’s stock valued at $128,000 after buying an additional 47 shares during the last quarter. Finally, Berger Financial Group Inc grew its stake in Advanced Micro Devices by 1.1% in the 3rd quarter. Berger Financial Group Inc now owns 4,309 shares of the semiconductor manufacturer’s stock valued at $697,000 after buying an additional 48 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices News Summary

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

• Positive Sentiment: KeyBanc and other Wall Street upgrades boost investor confidence — KeyBanc upgraded AMD to Overweight and raised its 12‑month target to $270, while additional firms (e.g., China Renaissance) published high price targets, signaling stronger near‑term revenue expectations from AI/server demand. New Analyst Forecast: $AMD Given $270 Price Target
• Positive Sentiment: Strategic collaboration with Tata Consultancy Services (TCS) expands enterprise AI go‑to‑market — The Jan. 14 TCS partnership commits joint development of industry GenAI solutions, EPYC/Instinct GPU deployments, and workforce upskilling, which can accelerate AMD hardware adoption across cloud, edge and enterprise workloads. TCS and AMD Announce Strategic Collaboration to Drive AI Adoption at Scale
• Positive Sentiment: Product cadence and edge AI launches support longer‑term TAM expansion — AMD unveiled a new family of x86/Ryzen AI‑oriented chips and leaked Ryzen Pro models, reinforcing momentum across data center, embedded/edge and PC segments. New product flow helps justify optimistic growth models. Advanced Micro Devices (AMD) Launches a New Family of x86 Chips
• Neutral Sentiment: Analyst coverage is broad but varied—many firms keep high targets and bullish notes, supporting sentiment, yet estimates and timeframes differ; this keeps consensus elevated but somewhat mixed on timing. AMD Stock Soars as Top Analysts Maintain High Price Targets
• Neutral Sentiment: Macro/peer upgrade backdrop fuels moves — Upgrades to peers (Intel/Nvidia) and broader tech flows are amplifying AMD’s moves; part of today’s strength is sector momentum rather than company‑specific news alone. Intel Stock Gains. Why the Chip Company and AMD Got Upgrades.
• Negative Sentiment: Insider selling and valuation risks add caution — Multiple insider sales have been reported (no recent insider buys), and AMD’s high P/E / stretched multiples raise vulnerability to sentiment reversals if growth disappoints. Advanced Micro Devices Stock (AMD) Opinions on AI Market Developments
• Negative Sentiment: “AI bubble” and downside scenarios flagged by some analysts and outlets — Commentary warning of AI froth and the stock’s historical volatility could spur profit‑taking after strong rallies. Why AMD Stock Can Fall

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Benchmark raised their price objective on shares of Advanced Micro Devices from $270.00 to $325.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Sanford C. Bernstein reiterated a “market perform” rating and set a $200.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Mizuho boosted their price target on Advanced Micro Devices from $275.00 to $285.00 and gave the company an “outperform” rating in a research note on Wednesday, November 12th. CICC Research raised Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price objective on the stock in a report on Friday, November 7th. Finally, KGI Securities set a $260.00 price objective on Advanced Micro Devices and gave the stock an “outperform” rating in a research report on Monday, October 13th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $277.44.

Advanced Micro Devices Stock Up 6.4%

Shares of NASDAQ AMD opened at $220.97 on Wednesday. The stock has a market capitalization of $359.75 billion, a P/E ratio of 109.39, a PEG ratio of 0.88 and a beta of 1.95. The stock’s fifty day moving average is $219.71 and its 200 day moving average is $193.61. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.68 and a current ratio of 2.31.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.03. The business had revenue of $9.25 billion during the quarter, compared to analysts’ expectations of $8.76 billion. Advanced Micro Devices had a net margin of 10.32% and a return on equity of 8.04%. Advanced Micro Devices’s revenue was up 35.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.92 earnings per share. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,108 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the sale, the executive vice president owned 1,714,505 shares in the company, valued at approximately $411,686,940.60. This trade represents a 0.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the completion of the transaction, the chief executive officer directly owned 3,277,476 shares in the company, valued at $705,116,186.64. This trade represents a 3.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 161,558 shares of company stock valued at $35,461,719. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Company 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.