4,787 Advanced Micro Devices, Inc. $AMD Shares Purchased by VestGen Advisors LLC

VestGen Advisors LLC grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 23.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,189 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,787 shares during the period. VestGen Advisors LLC’s holdings in Advanced Micro Devices were worth $15,410,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. First Citizens Financial Corp lifted its stake 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 worth $300,000 after purchasing an additional 16 shares in the last quarter. Fearless Solutions LLC dba Best Invest grew its stake in shares of Advanced Micro Devices by 1.5% in the third quarter. Fearless Solutions LLC dba Best Invest now owns 1,174 shares of the semiconductor manufacturer’s stock valued at $718,000 after buying an additional 17 shares in the last quarter. Private Client Services LLC grew its stake 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 valued at $660,000 after buying an additional 18 shares in the last quarter. Box Hill Private Wealth LLC raised its holdings in shares of Advanced Micro Devices by 2.5% during the 3rd quarter. Box Hill Private Wealth LLC now owns 794 shares of the semiconductor manufacturer’s stock valued at $486,000 after buying an additional 19 shares during the period. Finally, Trust Co of the South raised its holdings in shares of Advanced Micro Devices by 1.1% during the 3rd quarter. Trust Co of the South now owns 1,765 shares of the semiconductor manufacturer’s stock valued at $1,080,000 after buying an additional 19 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of AMD opened at $578.44 on Thursday. The firm has a market cap of $944.29 billion, a price-to-earnings ratio of 148.70, a PEG ratio of 5.30 and a beta of 2.45. The stock has a 50 day moving average of $545.58 and a 200-day moving average of $405.90. 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, Inc. has a 52 week low of $188.22 and a 52 week high of $658.52.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its 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 for the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The firm’s revenue was up 50.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.48 earnings per share. As a group, analysts forecast that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.

Advanced Micro Devices News Summary

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

  • Positive Sentiment: AMD will invest $1 billion in Meta’s equity offering as the companies expand their AI infrastructure relationship. Meta is testing AMD Helios rack-scale systems, uses EPYC processors and Instinct GPUs, and plans to deploy a customized Instinct accelerator. The agreement strengthens AMD’s visibility with a major hyperscaler and supports the company’s strategy of competing with Nvidia in AI computing. AMD to Invest $1 Billion in Meta as Companies Expand AI Infrastructure Partnership
  • Positive Sentiment: Investors are positioning ahead of the November 3 earnings report. Expectations call for continued data-center momentum from EPYC server CPUs and Instinct AI accelerators, while AMD’s agreements with Meta and OpenAI covering potentially large GPU deployments reinforce the growth outlook. Dear AMD Stock Fans, Mark Your Calendar for November 3
  • Positive Sentiment: Susquehanna raised its AMD price target to $650 from $620 and maintained a positive rating. Aletheia Capital separately lifted its target to $800 with a Buy rating, reflecting optimism about AI and data-center growth. Susquehanna Adjusts Price Target on Advanced Micro Devices to $650 From $620
  • Neutral Sentiment: AMD also benefited from a broader semiconductor rally after strong results from SK Hynix, lifting sentiment across AI-chip stocks. AMD, Broadcom, and Micron Stocks Lead Chip Sector Higher
  • Negative Sentiment: Valuation remains a key risk. Commentary notes AMD’s rapid run-up, high earnings multiple and increasing competition from Nvidia, while ARK Invest has continued selling AMD shares. Higher TSMC wafer and advanced-packaging prices could also pressure AMD’s margins if costs cannot be passed to customers. Taiwan Semiconductor Flexes Pricing Power on AI’s Frontline

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 70,000 shares of Advanced Micro Devices stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $506.80, for a total transaction of $35,476,000.00. Following the sale, the chief executive officer owned 3,032,156 shares of the company’s stock, valued at $1,536,696,660.80. The trade was a 2.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 the stock in a transaction on 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 directly owned 160,979 shares of the company’s stock, valued at approximately $76,316,924.32. The trade was 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. In the last quarter, insiders have sold 231,100 shares of company stock valued at $114,867,400. Company insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on AMD shares. Citigroup upped their price target on Advanced Micro Devices from $575.00 to $800.00 and gave the stock a “buy” rating in a report on Tuesday, October 6th. DA Davidson increased their price objective on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Mizuho lifted their price objective on shares of Advanced Micro Devices from $580.00 to $705.00 and gave the company an “outperform” rating in a research note on Tuesday, October 6th. KeyCorp set a $650.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Advanced Micro Devices from $385.00 to $550.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $607.57.

Get Our Latest Stock Analysis on AMD

Advanced Micro Devices Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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