Truist Financial Corp Sells 7,323 Shares of Advanced Micro Devices, Inc. $AMD

Truist Financial Corp lessened its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 315,591 shares of the semiconductor manufacturer’s stock after selling 7,323 shares during the quarter. Truist Financial Corp’s holdings in Advanced Micro Devices were worth $51,059,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. HHM Wealth Advisors LLC raised its stake in Advanced Micro Devices by 2.4% during the 3rd quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock valued at $282,000 after buying an additional 40 shares during the last quarter. HBK Sorce Advisory LLC grew 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 worth $2,169,000 after acquiring an additional 43 shares during the period. Wilmington Savings Fund Society FSB increased its position in Advanced Micro Devices by 0.5% during the third quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock valued at $1,409,000 after acquiring an additional 43 shares during the last quarter. Moseley Investment Management Inc. lifted its holdings in Advanced Micro Devices by 0.5% in the third quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock valued at $1,437,000 after acquiring an additional 44 shares during the period. Finally, OneAscent Family Office LLC boosted its position in Advanced Micro Devices by 2.6% in the third quarter. OneAscent Family Office LLC now owns 1,755 shares of the semiconductor manufacturer’s stock worth $284,000 after purchasing an additional 44 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Down 0.2%

NASDAQ AMD opened at $252.18 on Friday. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. The company has a current ratio of 2.31, a quick ratio of 1.68 and a debt-to-equity ratio of 0.04. The stock has a market cap of $410.56 billion, a PE ratio of 124.84, a P/E/G ratio of 1.05 and a beta of 1.95. The stock’s 50 day moving average is $220.82 and its 200 day moving average is $201.51.

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

Insider Transactions at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $240.12, for a total value of $4,107,972.96. Following the sale, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at approximately $411,686,940.60. The trade was a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Ava Hahn sold 2,442 shares of the stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $234.42, for a total value of $572,453.64. Following the transaction, the senior vice president directly owned 16,359 shares of the company’s stock, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 164,000 shares of company stock worth $36,034,173. 0.06% of the stock is currently owned by company insiders.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Susquehanna reiterated a Buy on AMD with a $300 price target, citing strengthening AI data‑center momentum and multi‑segment growth through 2026 — a reaffirmation that bulls are expecting material upside from AI/server adoption. AMD Buy Rating Reiterated on Strengthening AI Data Center Momentum and Multi-Segment Growth Outlook Through 2026
• Positive Sentiment: Multiple reports highlight an OpenAI chip deal and accelerating traction for AMD’s EPYC CPUs and Instinct GPUs in datacenters — concrete revenue drivers for 2026 that support higher analyst estimates and justify premium multiples if server/AI adoption continues. AMD Lands OpenAI Chip Deal, Highlighting Growing AI Revenue Story
• Positive Sentiment: Analysts and previews (Barchart, Zacks) expect robust Q4 results driven by ~25%+ revenue growth from data‑center demand and AI GPU traction — results that could re‑rate the stock if AMD beats and raises guidance. Can AMD’s Q4 Earnings Report Push the Stock to New Highs? AMD Gears Up to Report Q4 Earnings: Here’s Why the Stock is a Buy
• Positive Sentiment: Microsoft said it will continue buying AI chips from Nvidia and AMD even as it rolls out its own in‑house chips — a signal that hyperscalers will remain multi‑sourced and that AMD can keep capturing datacenter share. Microsoft won’t stop buying AI chips from Nvidia, AMD, even after launching its own, Nadella says
• Neutral Sentiment: Positive Ryzen 7 9850X3D reviews are supporting AMD’s consumer CPU narrative and helped spark a recent short‑term move; useful for revenue diversification but less material than datacenter deals for the stock’s valuation. AMD Stock Jumps Alongside Positive Ryzen 7 9850X3D Reviews
• Neutral Sentiment: Q4 earnings (reporting early Feb) is the immediate catalyst — consensus estimates are elevated, so results matter: an upside surprise could drive another leg higher, while a miss or cautious guidance could trigger profit‑taking. AMD Stock Flirts With Buy Point Ahead Of Q4 Report
• Negative Sentiment: Some sector headlines show short‑term selling/volatility: AMD shares slipped alongside peers on reports about SOCAMM2 memory plans and broader chip‑stock rotations, suggesting sentiment can swing even with positive fundamental news. AMD & Qualcomm (QCOM) Stocks Slip Despite Reported SOCAMM2 AI Plans

Analyst Upgrades and Downgrades

Several research firms have recently commented on AMD. Bank of America reaffirmed a “buy” rating and set a $300.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Wedbush reaffirmed an “outperform” rating and set a $290.00 target price on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, December 29th. Jefferies Financial Group set a $300.00 target price on Advanced Micro Devices and gave the stock a “positive” rating in a report on Monday, October 6th. Finally, Stifel Nicolaus boosted their price target on Advanced Micro Devices from $240.00 to $280.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $281.06.

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.