Integrated Advisors Network LLC lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 15.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,230 shares of the semiconductor manufacturer’s stock after selling 2,196 shares during the quarter. Integrated Advisors Network LLC’s holdings in Advanced Micro Devices were worth $7,482,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Advanced Micro Devices in the 3rd quarter worth approximately $29,000. JNBA Financial Advisors grew its stake in shares of Advanced Micro Devices by 142.9% during the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 30 shares during the period. Graney & King LLC purchased a new position in shares of Advanced Micro Devices during the 1st quarter valued at approximately $31,000. Main Street Group LTD purchased a new position in shares of Advanced Micro Devices during the 1st quarter valued at approximately $33,000. Finally, Downshift Financial LLC increased its holdings in shares of Advanced Micro Devices by 850.0% during the 3rd quarter. Downshift Financial LLC now owns 57 shares of the semiconductor manufacturer’s stock valued at $35,000 after purchasing an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Insider Buying and Selling
In other Advanced Micro Devices news, CEO Lisa T. Su sold 25,000 shares of the stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $506.79, for a total transaction of $12,669,750.00. Following the transaction, the chief executive officer directly owned 74,211 shares of the company’s stock, valued at $37,609,392.69. This trade represents a 25.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the completion of the sale, the executive vice president owned 160,979 shares in the company, valued at approximately $76,316,924.32. This trade represents a 8.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 231,100 shares of company stock worth $114,867,400 in the last 90 days. 0.50% of the stock is owned by insiders.
Advanced Micro Devices Stock Up 3.4%
Shares of AMD opened at $552.72 on Thursday. The firm has a market cap of $902.30 billion, a P/E ratio of 142.09, a PEG ratio of 5.49 and a beta of 2.45. Advanced Micro Devices, Inc. has a 12 month low of $188.22 and a 12 month high of $658.52. The stock’s 50 day moving average is $541.00 and its two-hundred day moving average is $481.17. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The business had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same period in the prior year, the company posted $0.48 EPS. The business’s quarterly revenue was up 50.1% on a year-over-year basis. Analysts predict that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current fiscal year.
Key Advanced Micro Devices News
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Higher analyst price target: Susquehanna raised its AMD target from $550 to $620 and maintained a positive rating, citing continued AI and data-center momentum. Wedbush also reaffirmed an Outperform rating with a $600 target.
- Positive Sentiment: Expanding AI infrastructure footprint: Vultr plans to deploy AMD Instinct MI355X GPUs in a 20-megawatt supercluster in Chennai, India. The project would become India’s largest AMD Instinct deployment and strengthens AMD’s position in enterprise and sovereign AI computing. Vultr and AMD Expand Global Collaboration
- Positive Sentiment: Long-term AI opportunity: Coverage highlighted AMD’s planned $8.2 billion investment in emerging AI applications such as robotics, simulation and physical AI. Analysts also view AMD’s server CPU business as a beneficiary of agentic-AI growth, while Anthropic’s large computing commitments reinforce expectations for sustained infrastructure spending.
- Positive Sentiment: Sector tailwinds: Strong updates from Super Micro Computer and SpaceX helped ease concerns about an AI-spending slowdown, lifting major semiconductor names. AMD also contributed to gains in the Nasdaq-100 and broad-market ETFs. Why Nvidia, AMD and Intel Stocks Are Surging
- Neutral Sentiment: Competitive positioning: Investor coverage continues to compare AMD with Nvidia, emphasizing AMD’s exposure to CPUs, GPUs and data-center infrastructure as potential ways to benefit from an AI buildout that may have several years left to run.
- Negative Sentiment: Valuation and earnings risk: AMD has risen sharply this year and trades at a demanding earnings multiple. Investors are focused on the November 3 quarterly report, with the stock vulnerable to disappointment in revenue growth, margins or AI demand guidance. After a 137% Run, Is AMD Priced for Perfection?
- Negative Sentiment: Insider selling: EVP Forrest Norrod sold 17,262 shares worth about $9.3 million under a pre-arranged Rule 10b5-1 plan. Because he retained a substantial position, the transaction is a limited rather than decisive negative signal.
Analyst Ratings Changes
Several equities analysts recently issued reports on AMD shares. Jefferies Financial Group set a $650.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. KeyCorp set a $650.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. CLSA reaffirmed an “outperform” rating and issued a $710.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, September 9th. Wall Street Zen raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Sunday, October 4th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $650.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $606.76.
Read Our Latest Stock Report on Advanced Micro Devices
About Advanced Micro Devices
Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded markets and other specialized applications.
AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics processing units, and Instinct accelerators for artificial intelligence and high-performance computing.
Featured Stories
- Five stocks we like better than Advanced Micro Devices
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.
