Advanced Micro Devices, Inc. $AMD Shares Sold by Richard Bernstein Advisors LLC

Richard Bernstein Advisors LLC trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 44.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,048 shares of the semiconductor manufacturer’s stock after selling 11,150 shares during the period. Richard Bernstein Advisors LLC’s holdings in Advanced Micro Devices were worth $2,273,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in Advanced Micro Devices by 0.9% in the third quarter. Vanguard Group Inc. now owns 155,997,751 shares of the semiconductor manufacturer’s stock worth $25,238,876,000 after acquiring an additional 1,348,892 shares during the last quarter. State Street Corp boosted its stake in Advanced Micro Devices by 0.8% during the 2nd quarter. State Street Corp now owns 72,069,259 shares of the semiconductor manufacturer’s stock valued at $10,226,628,000 after purchasing an additional 581,330 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Advanced Micro Devices by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 36,690,685 shares of the semiconductor manufacturer’s stock valued at $5,181,556,000 after purchasing an additional 514,445 shares in the last quarter. Norges Bank bought a new stake in Advanced Micro Devices during the second quarter worth approximately $3,094,662,000. Finally, Invesco Ltd. increased its stake in Advanced Micro Devices by 6.1% in the 2nd quarter. Invesco Ltd. now owns 12,534,569 shares of the semiconductor manufacturer’s stock worth $1,778,655,000 after purchasing an additional 715,557 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on AMD. KeyCorp reiterated an “overweight” rating and set a $330.00 price target on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Citigroup restated a “neutral” rating on shares of Advanced Micro Devices in a research report on Thursday, January 15th. Wall Street Zen upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 26th. Piper Sandler reiterated an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Finally, Sanford C. Bernstein set a $235.00 price target on Advanced Micro Devices in a research report on Wednesday, February 4th. One investment 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. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $290.53.

Insider Buying and Selling

In other news, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the sale, the chief executive officer directly owned 3,277,476 shares in the company, valued at $705,116,186.64. The trade was a 3.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Ava Hahn sold 2,442 shares of the business’s stock in a transaction 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 completion of the sale, the senior vice president owned 16,359 shares in the company, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 271,892 shares of company stock valued at $58,476,908. 0.06% of the stock is owned by company insiders.

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $202.68 on Tuesday. The company has a market capitalization of $330.45 billion, a P/E ratio of 76.48, a P/E/G ratio of 0.72 and a beta of 1.98. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. The firm has a 50-day moving average price of $217.52 and a two-hundred day moving average price of $209.49. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08.

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

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD and Adeia reached a multi‑year IP license agreement that resolves outstanding litigation and clears the way for AMD to use Adeia’s semiconductor IP — a near‑term risk removal that also unlocks next‑gen 3D V‑Cache and hybrid bonding technology benefits. Adeia Enters into Multi-Year IP License Agreement with AMD
• Positive Sentiment: Product expansion: AMD is extending its Ryzen AI portfolio (new Ryzen AI 400/PRO 400 desktop processors and expanded Ryzen AI Embedded P100 Series), supporting growth in PC and edge AI workloads and strengthening its competitive position versus incumbents. Advanced Micro Devices, Inc. (AMD) Expands Its Ryzen AI Portfolio
• Positive Sentiment: Hyperscaler demand signal: reports say Meta is pursuing multi‑year AI infrastructure deals with Nvidia, AMD and Google — indicative of continued large‑scale AI chip spending that could benefit AMD’s data‑center roadmap. Meta Ramps Up AI Deals And Infrastructure As Valuation Looks Attractive
• Positive Sentiment: Strategic / research interest: institutional buying (Ark Invest additions) and favorable analyst/market commentary are keeping investor attention on AMD’s AI/data‑center upside. 3 AI Stocks Cathie Wood Keeps Buying
• Neutral Sentiment: Quantum/HPC collaboration: Xanadu announced work with AMD to combine photonic quantum software and AMD HPC/AI technologies for aerospace/engineering use cases — strategically interesting for longer‑term TAM expansion but not an immediate revenue driver. Xanadu and AMD Accelerate Quantum Computing for Aerospace and Engineering
• Neutral Sentiment: Valuation/rotation chatter: pieces questioning whether to reassess AMD after a large one‑year run highlight valuation scrutiny and near‑term performance risk despite longer‑term growth prospects. Is It Time To Reassess AMD (AMD) After Its 109.7% One Year Surge?
• Neutral Sentiment: Reported short‑interest data in some feeds shows zero shares (likely a data error), so short‑squeeze signals are not meaningful from the available print.
• Negative Sentiment: Regulatory/export risk: the U.S. is reportedly weighing new AI‑chip export rules that could tie sales to foreign investments in U.S. data centers — a policy path that could complicate AMD’s addressability in certain international markets if adopted. Trump Admin Weighs New Export Rules That Ties Chip Purchase From Likes Of Nvidia, AMD To Investments In US Data Centers: Report

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.