Advanced Micro Devices, Inc. $AMD Stake Increased by First Command Advisory Services Inc.

First Command Advisory Services Inc. increased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 261.5% during the third quarter, Holdings Channel reports. The firm owned 3,496 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,529 shares during the quarter. First Command Advisory Services Inc.’s holdings in Advanced Micro Devices were worth $2,139,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. First Citizens Financial Corp raised its position in shares of Advanced Micro Devices by 3.4% during the third quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer’s stock valued at $300,000 after buying an additional 16 shares during the last quarter. Fearless Solutions LLC dba Best Invest boosted its position in shares of Advanced Micro Devices by 1.5% during the third quarter. Fearless Solutions LLC dba Best Invest now owns 1,174 shares of the semiconductor manufacturer’s stock worth $718,000 after acquiring an additional 17 shares during the last quarter. Private Client Services LLC boosted its position in shares of Advanced Micro Devices by 1.7% during the third quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer’s stock worth $660,000 after acquiring an additional 18 shares during the last quarter. Essential Investment Partners LLC grew its stake in Advanced Micro Devices by 40.0% during the third quarter. Essential Investment Partners LLC now owns 63 shares of the semiconductor manufacturer’s stock valued at $39,000 after acquiring an additional 18 shares in the last quarter. Finally, CKW Financial Group grew its stake in Advanced Micro Devices by 1.3% during the third quarter. CKW Financial Group now owns 1,450 shares of the semiconductor manufacturer’s stock valued at $893,000 after acquiring an additional 18 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AMD. Robert W. Baird set a $1,250.00 price target on shares of Advanced Micro Devices in a report on Friday, July 24th. Rosenblatt Securities reissued a “buy” rating and set a $700.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, November 4th. Melius Research set a $650.00 price objective on Advanced Micro Devices in a research report on Wednesday, November 4th. Stifel Nicolaus lifted their target price on Advanced Micro Devices from $700.00 to $725.00 and gave the stock a “buy” rating in a report on Wednesday, November 4th. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $650.00 target price on shares of Advanced Micro Devices in a report on Wednesday, November 4th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus price target of $642.47.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $552.90 on Thursday. The company has a market cap of $906.81 billion, a price-to-earnings ratio of 120.20, a PEG ratio of 4.96 and a beta of 2.49. The firm’s fifty day moving average is $550.43 and its 200 day moving average is $419.05. The company has a quick ratio of 1.93, a current ratio of 2.72 and a debt-to-equity ratio of 0.10. Advanced Micro Devices, Inc. has a 52-week low of $188.22 and a 52-week high of $658.52.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.95 by $0.14. Advanced Micro Devices had a net margin of 16.77% and a return on equity of 14.15%. The business had revenue of $13.38 billion during the quarter, compared to analysts’ expectations of $13.10 billion. During the same period last year, the company posted $1.20 EPS. The business’s revenue was up 44.7% on a year-over-year basis. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.93 EPS for the current fiscal year.

Key Advanced Micro Devices News

Here’s some of the latest news about AMD:

• Positive Sentiment: CoreWeave’s better-than-expected results and improved outlook revived confidence in AI infrastructure spending, lifting chip stocks. Why Advanced Micro Devices Stock Popped Today
• Positive Sentiment: Anthropic’s claim that its Mythos model got Claude running on AMD chips in roughly three days raised the possibility that AI software could become less dependent on Nvidia’s CUDA platform—potentially broadening AMD’s appeal, though adoption remains to be proven. Anthropic’s Mythos claim and Nvidia’s CUDA moat
• Negative Sentiment: Investors still face concerns about AMD’s premium valuation, decelerating data-center growth, weaker free cash flow and rising inventory. These factors could limit the rally if expected AI demand does not translate into sustained earnings and cash generation. Lisa Su Just Delivered Fantastic News for AMD Investors

Insider Activity

In related news, SVP Ava Hahn sold 2,993 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total value of $1,462,649.17. Following the completion of the transaction, the senior vice president owned 26,623 shares of the company’s stock, valued at approximately $13,010,393.87. This trade represents a 10.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 stock was sold at an average price of $474.08, for a total value of $7,111,200.00. Following the completion of the transaction, the executive vice president owned 160,979 shares of the company’s stock, valued at approximately $76,316,924.32. This represents a 8.52% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 230,957 shares of company stock worth $114,799,511. 0.50% of the stock is owned by insiders.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc. (AMD) is a semiconductor company that designs processors, graphics products and adaptive computing solutions. Its products serve data center, personal computing, gaming, embedded and other markets. AMD is a fabless chip designer, relying on third-party manufacturing partners to produce its semiconductors. The company’s product portfolio includes EPYC server processors, Ryzen desktop and laptop processors, Radeon graphics products, Instinct accelerators for data center computing, and adaptive chips and systems used in embedded applications.