Rhumbline Advisers Decreases Stake in Advanced Micro Devices, Inc. $AMD

Rhumbline Advisers cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,877,750 shares of the semiconductor manufacturer’s stock after selling 15,349 shares during the quarter. Rhumbline Advisers’ holdings in Advanced Micro Devices were worth $465,591,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. ORG Wealth Partners LLC increased its holdings in Advanced Micro Devices by 39.7% in the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 46 shares in the last quarter. Koesten Hirschmann & Crabtree INC. boosted its stake in shares of Advanced Micro Devices by 61.0% during the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 61 shares in the last quarter. Pinney & Scofield Inc. grew its holdings in shares of Advanced Micro Devices by 81.0% in the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 85 shares during the period. Avion Wealth increased its stake in Advanced Micro Devices by 49.3% in the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 72 shares in the last quarter. Finally, Evolution Wealth Management Inc. acquired a new position in Advanced Micro Devices during the second quarter worth $34,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,108 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the transaction, the executive vice president owned 1,714,505 shares of the company’s stock, valued at $411,686,940.60. This represents a 0.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total value of $4,461,246.50. Following the sale, the executive vice president owned 300,348 shares in the company, valued at $68,890,820.76. This trade represents a 6.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 164,000 shares of company stock valued at $36,034,173. Insiders own 0.06% of the company’s stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: Reports that AMD will adopt LPDDR6 memory for its Medusa Halo chips — a technical upgrade that can improve power and performance for data‑center and AI inference customers — boosted optimism about product competitiveness. AMD Stock Gains on Reports the Chipmaker Will Adopt LPDDR6 Memory
• Positive Sentiment: Bullish analyst views (Bank of America / other commentary) and industry takeaways argue AMD remains well‑positioned in the AI GPU/datacenter stack and could be undervalued relative to growth prospects — supporting a longer‑term constructive case. BoA Star Analyst Thinks NVIDIA and AMD are Undervalued. Which Is the Better Bet?
• Neutral Sentiment: AMD appointed Ariel Kelman as Senior VP & Chief Marketing Officer to lead brand, developer relations and go‑to‑market — a strategic hire that may help commercialization but is not an immediate earnings driver. AMD Hires Ariel Kelman as Chief Marketing Officer
• Neutral Sentiment: Momentum and style‑score writeups (Zacks) highlight strong price strength and earnings growth, which can attract trend‑followers even as fundamentals are re‑priced after recent volatility. Here’s Why Advanced Micro Devices (AMD) is a Strong Momentum Stock
• Negative Sentiment: Shares dropped sharply after Q4: despite beats, AMD’s modest Q1 guidance and commentary about seasonal/datacenter softness triggered an ~11% post‑earnings decline as investors trimmed exposure. This remains the primary near‑term negative catalyst. AMD Plunges 11% Post Q4 Earnings: Buy, Sell or Hold the Stock?
• Negative Sentiment: New pieces questioning downside risk and sell recommendations (Tipranks/Forbes) are amplifying trader caution—heightening volatility as investors debate valuation versus growth sustainability. How Low Could AMD Stock (AMD) Fall?
• Negative Sentiment: Opinion pieces recommending trimming exposure at current levels add selling pressure given AMD’s elevated P/E and high investor expectations — magnifying downside risk if guidance or demand trends weaken. Sell AMD Stock At $215?

Analyst Ratings Changes

Several analysts have weighed in on the company. Benchmark reissued a “buy” rating and issued a $325.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Barclays reiterated an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Stifel Nicolaus increased their price objective on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Advanced Micro Devices in a research report on Monday, December 29th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $345.00 price target on shares of Advanced Micro Devices in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average price target of $290.11.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $213.57 on Wednesday. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08. The firm has a market cap of $348.21 billion, a price-to-earnings ratio of 80.59, a price-to-earnings-growth ratio of 0.81 and a beta of 1.94. The company’s 50-day moving average is $221.82 and its two-hundred day moving average is $205.60. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. The business had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The company’s quarterly revenue was up 34.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.09 earnings per share. Research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Advanced Micro Devices Company Profile

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.