Advanced Micro Devices, Inc. $AMD Shares Newly Purchased by Parametrica Management Ltd

Parametrica Management Ltd purchased a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the third quarter, according to its most recent filing with the SEC. The firm purchased 4,000 shares of the semiconductor manufacturer’s stock, valued at approximately $2,447,000. Advanced Micro Devices accounts for about 1.7% of Parametrica Management Ltd’s portfolio, making the stock its 11th largest position.

Several other institutional investors have also modified their holdings of the company. BlackRock Inc. boosted its position in Advanced Micro Devices by 3.1% during the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock worth $87,311,650,000 after purchasing an additional 4,535,126 shares in the last quarter. State Street Corp grew its holdings in Advanced Micro Devices by 2.9% in the second quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock valued at $46,606,266,000 after purchasing an additional 2,149,563 shares during the last quarter. Bank of America Corp DE acquired a new stake in Advanced Micro Devices in the second quarter valued at $7,022,226,000. Jennison Associates LLC increased its position in shares of Advanced Micro Devices by 5.8% in the second quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer’s stock valued at $5,793,388,000 after buying an additional 545,575 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Advanced Micro Devices by 33.9% in the second quarter. Wellington Management Group LLP now owns 9,334,396 shares of the semiconductor manufacturer’s stock valued at $5,422,444,000 after buying an additional 2,365,419 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $560.26 on Wednesday. The stock has a fifty day moving average of $543.70 and a two-hundred day moving average of $404.03. Advanced Micro Devices, Inc. has a fifty-two week low of $188.22 and a fifty-two week high of $658.52.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. The company had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. During the same period last year, the firm earned $0.48 earnings per share. The business’s revenue was up 50.1% compared to the same quarter last year. Research analysts predict that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Truist Financial lifted their price target on Advanced Micro Devices from $478.00 to $594.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. KeyCorp set a $650.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Zacks Research downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 1st. Melius Research set a $660.00 target price on shares of Advanced Micro Devices in a report on Friday, July 24th. Finally, Stifel Nicolaus lifted their target price on shares of Advanced Micro Devices from $635.00 to $700.00 and gave the stock a “buy” rating in a research report on Monday, October 5th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus target price of $606.76.

More Advanced Micro Devices News

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

• Positive Sentiment: Expanded Meta partnership strengthens AMD’s AI growth narrative. AMD will invest $1 billion in Meta’s equity offering, while Meta is testing AMD Helios rack-scale systems, using EPYC processors and deploying Instinct GPUs for AI workloads. The companies also plan to collaborate on future GPUs, networking and software at gigawatt scale. The agreement provides additional visibility into potential hyperscale demand ahead of AMD’s November 3 earnings report. AMD and Meta partnership announcement
• Positive Sentiment: Analysts see data-center momentum. Rosenblatt named AMD its top semiconductor pick heading into earnings, citing improving server and AI demand. Susquehanna also reportedly raised its price target to $620 from $550, while a new Vultr cloud region will use a 20-megawatt AMD Instinct MI355X supercluster. Rosenblatt semiconductor picks
• Positive Sentiment: Long-term earnings expectations remain bullish. AMD has targeted adjusted EPS above $20 within three to five years of its 2025 analyst day, and CEO Lisa Su has indicated the company expects to significantly exceed that goal. Recent results also showed strong execution, with quarterly revenue up 50.1% year over year and EPS ahead of consensus. AMD long-term earnings outlook
• Neutral Sentiment: Meta’s financing creates both opportunity and scrutiny. Meta’s planned equity raise of up to $95 billion is intended to fund AI infrastructure, with AMD, Nvidia and Broadcom participating or expressing interest in buying shares. Investors welcomed the implied customer commitment, but commentators questioned whether supplier investments could represent circular financing rather than purely organic demand. AMD Meta investment report
• Neutral Sentiment: Upcoming earnings are a significant near-term catalyst. Options markets imply a potentially large move around the November 3 report, increasing the importance of AMD’s data-center revenue, AI GPU demand and forward guidance.
• Negative Sentiment: Valuation and competitive risks remain elevated. Commentary noted that AMD has risen rapidly, trades at a very high earnings multiple and remains substantially smaller than Nvidia in data-center scale and margins. Higher advanced-packaging and wafer costs from TSMC could also pressure AMD’s profitability. AMD valuation and stock information
• Negative Sentiment: Insider selling is a sentiment concern. Reported insider activity showed 147 open-market sales and no purchases during the past six months, including substantial sales by senior executives. Such transactions may reflect diversification, but they provide a counterpoint to the bullish AI narrative.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 70,000 shares of the firm’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $506.80, for a total transaction of $35,476,000.00. Following the sale, the chief executive officer directly owned 3,032,156 shares of the company’s stock, valued at $1,536,696,660.80. This trade represents a 2.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,262 shares of Advanced Micro Devices stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $540.70, for a total transaction of $9,333,563.40. Following the sale, the executive vice president owned 353,317 shares of the company’s stock, valued at approximately $191,038,501.90. This trade represents a 4.66% decrease in their ownership of the stock. 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 a total of 231,100 shares of company stock worth $114,867,400 in the last ninety days. Company insiders own 0.50% of the company’s stock.

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.