Advanced Micro Devices, Inc. $AMD Shares Bought by Zweig DiMenna Associates LLC

Zweig DiMenna Associates LLC grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 127.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 72,602 shares of the semiconductor manufacturer’s stock after buying an additional 40,708 shares during the quarter. Zweig DiMenna Associates LLC’s holdings in Advanced Micro Devices were worth $11,746,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. ORG Wealth Partners LLC boosted its stake in 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 purchasing an additional 46 shares during the last quarter. Koesten Hirschmann & Crabtree INC. lifted its stake in shares of Advanced Micro Devices by 61.0% in the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 61 shares in the last quarter. Pinney & Scofield Inc. boosted 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 worth $27,000 after acquiring an additional 85 shares during the last quarter. Avion Wealth grew its stake in Advanced Micro Devices by 49.3% during the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after acquiring an additional 72 shares in the last quarter. Finally, Evolution Wealth Management Inc. acquired a new stake in Advanced Micro Devices in the 2nd quarter valued at about $34,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total value of $4,461,246.50. Following the sale, the executive vice president owned 300,348 shares of the company’s stock, valued at $68,890,820.76. This trade represents a 6.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Ava Hahn sold 2,442 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was 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. This represents a 12.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 291,342 shares of company stock worth $62,938,155 over the last 90 days. Corporate insiders own 0.06% of the company’s stock.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD expanded its Helios rack‑scale AI architecture offering in India via a large partnership with Tata Consultancy Services (TCS), targeting enterprise AI deployments (200MW) and positioning AMD to challenge Nvidia in a fast‑growing market — a clear data‑center and AI revenue catalyst. AMD Targets Nvidia’s Turf With Massive Tata Partnership
• Positive Sentiment: Street moves: AMD was upgraded at DA Davidson and several analyst writeups argue there’s substantial upside (one note cites ~40% potential), supporting a higher valuation narrative tied to data‑center and PC strength. Advanced Micro Devices (NASDAQ:AMD) Upgraded at DA Davidson
• Positive Sentiment: AMD continues to appear on lists of top AI names and in bullish analyst/blog coverage highlighting its growth runway in servers and inference — supportive for investor interest and flows into the stock. 10 AI Stocks to Watch: Broadcom, AMD, and More
• Neutral Sentiment: Analyst and market commentary (Zacks, NVTS comparisons) are weighing AMD against peers — useful for context but mixed in directional impact as AMD’s valuation and growth story are debated. The Zacks Analyst Blog NVIDIA, Micron Technology, Palantir and Advanced Micro Devices
• Negative Sentiment: Insider activity: AMD’s CEO sold roughly $26.8M of stock — a headline that can weigh on sentiment even if such sales are routine. Insider Selling: Advanced Micro Devices (NASDAQ:AMD) CEO Sells $26,795,000.00 in Stock
• Negative Sentiment: Product skepticism: at least one analyst cautioned that AMD’s upcoming Instinct MI455 and related roadmap may not yet meet expectations, a factor that could cap near‑term upside if benchmarks or adoption disappoint. ‘It’s Not Good Enough,’ Says Analyst About AMD Stock

Advanced Micro Devices Price Performance

AMD stock opened at $207.32 on Tuesday. The business’s fifty day moving average price is $221.05 and its 200 day moving average price is $206.50. 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 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $338.02 billion, a PE ratio of 78.23, a P/E/G ratio of 0.78 and a beta of 1.94.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The company had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. During the same period in the prior year, the firm earned $1.09 earnings per share. The business’s revenue for the quarter was up 34.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on AMD shares. Piper Sandler increased their price target on Advanced Micro Devices from $280.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, January 26th. Wedbush reaffirmed an “outperform” rating and issued a $290.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. TD Cowen reissued a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, December 2nd. Mizuho upped their price objective on shares of Advanced Micro Devices from $275.00 to $285.00 and gave the company an “outperform” rating in a report on Wednesday, November 12th. Finally, Benchmark reaffirmed a “buy” rating and set a $325.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus price target of $288.17.

Advanced Micro Devices 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.