Transcendent Capital Group LLC Invests $1.89 Million in Advanced Micro Devices, Inc. $AMD

Transcendent Capital Group LLC acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,654 shares of the semiconductor manufacturer’s stock, valued at approximately $1,886,000.

Other institutional investors have also added to or reduced their stakes in the company. ORG Wealth Partners LLC increased its position in shares of Advanced Micro Devices by 39.7% in the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 46 shares during the last quarter. Pinney & Scofield Inc. lifted its position in Advanced Micro Devices by 81.0% during the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 85 shares during the last quarter. Avion Wealth grew its stake in Advanced Micro Devices by 49.3% in the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 72 shares in the last quarter. Evolution Wealth Management Inc. bought a new position in shares of Advanced Micro Devices in the 2nd quarter worth $34,000. Finally, Signature Resources Capital Management LLC raised its position in shares of Advanced Micro Devices by 170.4% during the 3rd quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer’s stock valued at $35,000 after buying an additional 138 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Insider Activity

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the completion of the sale, the executive vice president directly owned 300,348 shares in the company, valued at $68,890,820.76. This represents a 6.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Ava Hahn sold 2,442 shares of the stock in a transaction on Friday, January 16th. The shares were sold at an average price of $234.42, for a total transaction of $572,453.64. Following the sale, the senior vice president directly owned 16,359 shares of the company’s stock, valued at $3,834,876.78. The trade was a 12.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 164,000 shares of company stock valued at $36,034,173. 0.06% of the stock is owned by corporate insiders.

Advanced Micro Devices Trading Up 4.0%

Shares of AMD stock opened at $246.27 on Tuesday. The business has a 50-day moving average of $222.10 and a 200 day moving average of $203.37. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.31 and a quick ratio of 1.68. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08. The stock has a market capitalization of $400.94 billion, a PE ratio of 121.92, a P/E/G ratio of 0.99 and a beta of 1.94.

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

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Street expects an earnings beat driven by CPU, PC and server strength — Wedbush and other firms are bullish on AMD’s Q4 setup and some firms have raised price targets, supporting upside into the report. AMD seen delivering modest Q4 beat on PC and server strength
• Positive Sentiment: Data-center and AI tailwinds: hyperscaler spending and broader AI server growth are lifting demand for EPYC/Instinct and MI350 deployments, which investors view as a durable revenue driver versus legacy CPU markets. Nvidia Is Igniting A 28% Server Boom — With Broadcom And AMD Riding Shotgun
• Positive Sentiment: Options and positioning suggest investors expect upside: call activity and options flow are heavily skewed toward bullish bets ahead of earnings, implying market participants are pricing in a positive surprise. Here’s What Options Traders Expect from Advanced Micro Devices Stock After Earnings
• Positive Sentiment: Analyst conviction and price‑target momentum: multiple firms are reiterating Outperform/Overweight ratings and higher targets (median near $290), bolstering investor confidence. Quiver Quant — Analyst ratings & targets summary
• Neutral Sentiment: Macro/market tailwinds: broader market bounce and improved manufacturing data are helping tech stocks generally, which supports AMD alongside peers during earnings week. Market Indexes Bounce Back to Start a New Trading Week
• Neutral Sentiment: Odd short‑interest data: recent reports show negligible short interest (data anomalies reported), so short-covering is unlikely to be a major driver — treat this as ambiguous.
• Negative Sentiment: Product timing risk: rumors about MI450-series delays introduce execution uncertainty for future GPU ramps; while analysts remain broadly bullish, missed timing could temper forward guidance. Analysts Remain Bullish Despite MI450 Rumors
• Negative Sentiment: Elevated earnings volatility priced in: the options market is implying a sizable post‑earnings move (~8–9%), meaning upside comes with meaningful short‑term risk if AMD disappoints. Options Market Braces for an 8.87% Swing

Wall Street Analyst Weigh In

AMD has been the subject of several research reports. UBS Group upped their target price on shares of Advanced Micro Devices from $300.00 to $330.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Piper Sandler lifted their price target on Advanced Micro Devices from $280.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, January 26th. DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price objective for the company in a report on Wednesday, October 8th. Benchmark raised their price objective on Advanced Micro Devices from $270.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft set a $235.00 target price on Advanced Micro Devices and gave the stock a “hold” rating in a research report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $281.06.

About Advanced Micro Devices

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.