2,947 Advanced Micro Devices, Inc. $AMD Shares Sold by Worth Asset Management LLC

Worth Asset Management LLC lowered its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 55.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,329 shares of the semiconductor manufacturer’s stock after selling 2,947 shares during the quarter. Worth Asset Management LLC’s holdings in Advanced Micro Devices were worth $1,425,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. First Citizens Financial Corp lifted its stake in Advanced Micro Devices by 3.4% in the 3rd quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer’s stock worth $300,000 after purchasing an additional 16 shares in the last quarter. Private Client Services LLC increased its holdings in shares of Advanced Micro Devices by 1.7% in the third quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer’s stock worth $660,000 after purchasing an additional 18 shares during the period. Box Hill Private Wealth LLC increased its holdings in shares of Advanced Micro Devices by 2.5% in the third quarter. Box Hill Private Wealth LLC now owns 794 shares of the semiconductor manufacturer’s stock worth $486,000 after purchasing an additional 19 shares during the period. First National Bank of Hutchinson raised its position in shares of Advanced Micro Devices by 0.4% in the second quarter. First National Bank of Hutchinson now owns 5,639 shares of the semiconductor manufacturer’s stock worth $3,276,000 after buying an additional 22 shares in the last quarter. Finally, Delta Asset Management LLC TN boosted its stake in Advanced Micro Devices by 1.5% during the second quarter. Delta Asset Management LLC TN now owns 1,497 shares of the semiconductor manufacturer’s stock valued at $870,000 after buying an additional 22 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Wall Street Zen upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Sunday. Loop Capital raised Advanced Micro Devices to a “strong-buy” rating in a report on Tuesday, June 16th. Barclays cut shares of Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research report on Friday, June 12th. Piper Sandler started coverage on shares of Advanced Micro Devices in a research note on Tuesday, September 15th. They issued an “overweight” rating and a $600.00 target price on the stock. Finally, Wells Fargo & Company lifted their target price on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $576.88.

Advanced Micro Devices Trading Down 0.5%

Shares of Advanced Micro Devices stock traded down $3.07 during trading on Wednesday, reaching $646.35. The company’s stock had a trading volume of 11,973,071 shares, compared to its average volume of 32,613,314. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 52-week low of $188.22 and a 52-week high of $658.52. The firm’s 50-day moving average is $519.28 and its two-hundred day moving average is $452.34. The company has a market cap of $1.06 trillion, a price-to-earnings ratio of 166.39, a PEG ratio of 6.55 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. During the same quarter last year, the company earned $0.48 EPS. The firm’s revenue was up 50.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current year.

More Advanced Micro Devices News

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

• Positive Sentiment: CEO Lisa Su said AMD plans to substantially increase AI-chip supply in 2027 to meet demand, while working with suppliers in Taiwan and South Korea to secure advanced wafer and memory capacity. The comments support expectations for continued data-center growth. AMD plans to substantially increase supply in 2027
• Positive Sentiment: Citi raised its AMD price target to $800 from $575 and maintained a Buy rating, citing the potential for agentic AI—including Meta’s Muse—to drive substantially greater CPU, memory and networking demand. Mizuho also lifted its target to $705, while other analysts remain optimistic ahead of earnings. Why Citi raised its AMD price target
• Positive Sentiment: AMD is exploring deeper partnerships with Samsung Electronics covering memory and foundry services. Such cooperation could help address tight AI-memory supply and reduce manufacturing bottlenecks. AMD explores partnership with Samsung
• Positive Sentiment: Hewlett Packard Enterprise launched four AI servers developed with AMD, providing additional evidence of AMD’s expanding server ecosystem and commercial AI deployments. HPE launches four AI servers with AMD
• Neutral Sentiment: AMD will report fiscal third-quarter 2026 results after the market close on November 3. Investors are focused on whether data-center growth, MI450 demand and margins can justify elevated expectations. AMD third-quarter 2026 earnings date
• Negative Sentiment: After AMD’s roughly 220% one-year surge and move above a $1 trillion valuation, some commentary warns that the stock leaves little room for execution mistakes, particularly because key AI products have not yet shipped at scale.
• Negative Sentiment: Ark Invest made AMD its largest sale in the latest trading round, signaling that at least one high-profile investor is taking profits after the rally. Potential dilution from warrants issued to Meta and OpenAI is another overhang, although the warrants are conditional.

Insider Buying and Selling

In related news, EVP Forrest Norrod sold 17,261 shares of the stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $503.05, for a total transaction of $8,683,146.05. Following the completion of the sale, the executive vice president directly owned 363,317 shares in the company, valued at $182,766,616.85. This represents a 4.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $506.79, for a total value of $12,669,750.00. Following the transaction, the chief executive officer owned 74,211 shares in the company, valued at approximately $37,609,392.69. The trade was a 25.20% 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 213,838 shares of company stock worth $105,533,836 in the last 90 days. 0.50% of the stock is currently owned by company insiders.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded devices and other specialized markets.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics products, and Instinct accelerators designed for artificial intelligence and high-performance computing workloads.