Paragon Private Wealth Management LLC acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 2,183 shares of the semiconductor manufacturer’s stock, valued at approximately $353,000.
Several other large investors have also recently modified their holdings of AMD. Norges Bank bought a new position in shares of Advanced Micro Devices in the second quarter worth $3,094,662,000. Jennison Associates LLC purchased a new stake in Advanced Micro Devices during the 3rd quarter worth about $626,826,000. Nordea Investment Management AB grew its holdings in Advanced Micro Devices by 203.7% during the 3rd quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock valued at $631,892,000 after buying an additional 2,619,294 shares in the last quarter. Rafferty Asset Management LLC increased its position in shares of Advanced Micro Devices by 56.0% during the second quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer’s stock valued at $961,078,000 after buying an additional 2,430,533 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in shares of Advanced Micro Devices by 1.5% in the second quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer’s stock worth $21,944,673,000 after buying an additional 2,281,508 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Analyst Upgrades and Downgrades
AMD has been the subject of several recent analyst reports. Bank of America reaffirmed a “buy” rating and set a $300.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. The Goldman Sachs Group boosted their target price on Advanced Micro Devices from $150.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday, October 8th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. JPMorgan Chase & Co. boosted their price target on shares of Advanced Micro Devices from $180.00 to $270.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Finally, Melius Research set a $380.00 target price on Advanced Micro Devices in a report on Wednesday, November 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $281.06.
Advanced Micro Devices News Roundup
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: OpenAI selected AMD chips for infrastructure, a high‑visibility design win that validates AMD’s AI roadmap and supports faster AI revenue growth. AMD Lands OpenAI Chip Deal, Highlighting Growing AI Revenue Story
- Positive Sentiment: Piper Sandler raised its price target to $300 and kept an Overweight rating, citing Helios ramp and OpenAI exposure as primary upside drivers ahead of earnings. Piper Sandler Sees Helios Ramp and OpenAI Driving AMD Upside
- Positive Sentiment: Market commentators (including Jim Cramer) say AMD is facing demand it can’t meet, a signal of strong consumption for CPUs/AI accelerators that supports revenue momentum. AMD (AMD) is Facing a Shortage That Can’t Be Met, Says Jim Cramer
- Positive Sentiment: Bank of America and other sell‑side notes list AMD among attractive AI/compute chip investments, reinforcing institutional interest and supporting multiple expansion narratives. BofA Names Top 4 AI Chip Stocks That Look Cheap
- Positive Sentiment: Analyst and preview coverage expect an earnings beat for the upcoming report (growth in data center/AI revenue cited), which could drive further upside if results and guidance beat. Advanced Micro Devices (AMD) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
- Neutral Sentiment: Analysts are comparing AMD and SMCI ahead of Feb. earnings; this debate may shift flows between AI hardware names but doesn’t change AMD’s core fundamentals. AMD vs. SMCI: Which AI Hardware Stock Do Analysts Prefer Ahead of Earnings?
- Neutral Sentiment: Leaked consumer product bundle (Ryzen 7 9850X3D + RAM) surfaced as a potential retail catalyst; helpful for consumer PC demand but less material to near‑term data‑center AI revenue. AMD Stock Gains on Leaked Ryzen 7 9850X3D CPUS & RAM Bundle
- Neutral Sentiment: Reported short‑interest data this reporting cycle appears anomalous (zero shares reported), so short‑interest signals are currently unhelpful. (No actionable change.)
- Negative Sentiment: The stock has been volatile after a strong run — earlier profit‑taking triggered a ~3% drop this week, showing sensitivity to sector rotation even amid positive fundamentals. AMD Stock Plunges 3% On Monday Amid Sector Rotation And Profit-Taking
- Negative Sentiment: Some headlines note the stock slipped despite fresh price‑target increases, highlighting short‑term positioning risk ahead of earnings and the potential for disappointment to trigger more selling. AMD Stock Slips Despite Price Target Increases from Top Wall Street Analysts
Advanced Micro Devices Stock Up 0.3%
Advanced Micro Devices stock opened at $252.03 on Wednesday. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08. The business has a fifty day moving average of $219.31 and a two-hundred day moving average of $200.79. The firm has a market cap of $410.31 billion, a P/E ratio of 124.77, a P/E/G ratio of 1.05 and a beta of 1.95. The company has a quick ratio of 1.68, a current ratio of 2.31 and a debt-to-equity ratio of 0.04.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.The firm had revenue of $9.25 billion during the quarter, compared to analysts’ expectations of $8.76 billion. During the same period in the prior year, the business posted $0.92 EPS. The firm’s quarterly revenue was up 35.6% on a year-over-year basis. On average, analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, SVP Ava Hahn sold 2,442 shares of the stock in a transaction on Friday, January 16th. The stock was sold at an average price of $234.42, for a total transaction of $572,453.64. Following the completion of the sale, the senior vice president owned 16,359 shares in the company, valued at approximately $3,834,876.78. This represents a 12.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Mark D. Papermaster sold 17,108 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $240.12, for a total value of $4,107,972.96. Following the transaction, the executive vice president owned 1,714,505 shares in the company, valued at approximately $411,686,940.60. This trade represents a 0.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 164,000 shares of company stock valued at $36,034,173. Company insiders own 0.06% of the company’s stock.
About Advanced Micro Devices
Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.
Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.
Further Reading
- Five stocks we like better than Advanced Micro Devices
- America’s Next Power Move Starts Underground
- Your Signature Is Missing – Act Before It’s Too Late
- URGENT: Trump Just Triggered AI’s Biggest Disruption Yet
- NEW LAW: Congress Approves Setup For Digital Dollar?
- BSEM: A $25.50 Price Target, and Nasdaq on the Horizon!
Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report).
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.
