6,084 Advanced Micro Devices, Inc. $AMD Shares Sold by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC lowered its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 11.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,649 shares of the semiconductor manufacturer’s stock after selling 6,084 shares during the period. Advanced Micro Devices accounts for approximately 2.7% of KMG Fiduciary Partners LLC’s investment portfolio, making the stock its 10th biggest holding. KMG Fiduciary Partners LLC’s holdings in Advanced Micro Devices were worth $28,627,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Krilogy Financial LLC grew its holdings in Advanced Micro Devices by 10.4% in the 3rd quarter. Krilogy Financial LLC now owns 14,715 shares of the semiconductor manufacturer’s stock valued at $9,105,000 after buying an additional 1,388 shares in the last quarter. Walker Asset Management LLC increased its position in Advanced Micro Devices by 14.9% during the 3rd quarter. Walker Asset Management LLC now owns 1,540 shares of the semiconductor manufacturer’s stock worth $942,000 after buying an additional 200 shares during the period. RHS Financial LLC lifted its holdings in shares of Advanced Micro Devices by 1.6% during the third quarter. RHS Financial LLC now owns 1,243 shares of the semiconductor manufacturer’s stock worth $760,000 after buying an additional 20 shares in the last quarter. Affinity Capital Advisors LLC lifted its holdings in shares of Advanced Micro Devices by 205.4% during the third quarter. Affinity Capital Advisors LLC now owns 2,587 shares of the semiconductor manufacturer’s stock worth $1,573,000 after buying an additional 1,740 shares in the last quarter. Finally, Lineweaver Wealth Advisors LLC boosted its position in shares of Advanced Micro Devices by 84.4% in the third quarter. Lineweaver Wealth Advisors LLC now owns 1,132 shares of the semiconductor manufacturer’s stock valued at $693,000 after acquiring an additional 518 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Scaleway selected AMD for a new AI supercomputer in Sweden, providing evidence of customer adoption for AMD’s data-center GPUs and supporting its effort to compete with Nvidia in AI infrastructure. Scaleway to build AMD-powered AI supercomputer in Sweden
• Positive Sentiment: AMD’s Helion open rack blueprint combines EPYC CPUs and Instinct GPUs for agentic-AI workloads and is expected to be available in November. The platform could help AMD sell broader rack-scale systems rather than individual chips. AMD unveils Helion open rack blueprint for agentic AI
• Positive Sentiment: Fermi’s shares surged after announcing AMD financial support and a partnership, highlighting potential demand for AMD-powered computing in energy and AI infrastructure projects. Fermi partnership with AMD
• Neutral Sentiment: Market commentators remain constructive on semiconductor demand. Jim Cramer cited strong chip demand, while analysts highlighted AMD’s CPU growth potential; these views support the long-term outlook but do not immediately change earnings estimates. Jim Cramer on semiconductor stocks
• Negative Sentiment: AMD is being pulled lower by sector-wide profit-taking and risk concerns. Investors are worried that tighter financing could slow AI data-center expansion, while China’s growing semiconductor capabilities intensify competition. Why Intel and AMD stocks are falling
• Negative Sentiment: Valuation remains a key risk. After a substantial rally, AMD trades at a very high earnings multiple, leaving the stock vulnerable if AI revenue growth or customer spending falls short of expectations. Reports that a Trump-linked investment team sold AMD shares in August may also weigh on sentiment, although the sale is not a current company fundamental. Trump investment team AMD sale

Wall Street Analyst Weigh In

AMD has been the topic of several research reports. Piper Sandler initiated coverage on shares of Advanced Micro Devices in a research note on Tuesday, September 15th. They issued an “overweight” rating and a $600.00 price target on the stock. Stifel Nicolaus lifted their price objective on shares of Advanced Micro Devices from $635.00 to $700.00 and gave the stock a “buy” rating in a research note on Monday, October 5th. Melius Research set a $660.00 price objective on shares of Advanced Micro Devices in a research note on Friday, July 24th. Loop Capital raised shares of Advanced Micro Devices to a “strong-buy” rating in a report on Tuesday, June 16th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Micro Devices in a report on Monday, October 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $603.51.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $605.53 on Wednesday. The firm has a market cap of $988.51 billion, a PE ratio of 155.66, a price-to-earnings-growth ratio of 6.15 and a beta of 2.45. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The stock’s fifty day moving average price is $532.88 and its two-hundred day moving average price is $466.70. Advanced Micro Devices, Inc. has a one year low of $188.22 and a one year high of $658.52.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. The firm had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The company’s revenue was up 50.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.48 EPS. As a group, research analysts expect that Advanced Micro Devices, Inc. will post 6.45 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Paul Grasby sold 15,000 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the completion of the sale, the executive vice president owned 117,687 shares of the company’s stock, valued at $60,598,213.17. This represents a 11.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jean X. Hu sold 15,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the sale, the executive vice president directly owned 160,979 shares of the company’s stock, valued at $76,316,924.32. This represents a 8.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 213,838 shares of company stock valued at $105,533,836 in the last ninety days. Insiders own 0.50% of the company’s stock.

Advanced Micro Devices Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded devices and other specialized markets.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics products, and Instinct accelerators designed for artificial intelligence and high-performance computing workloads.