Advanced Micro Devices, Inc. $AMD Shares Bought by Zweig DiMenna Associates LLC

Zweig DiMenna Associates LLC grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 127.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 72,602 shares of the semiconductor manufacturer’s stock after purchasing an additional 40,708 shares during the period. Zweig DiMenna Associates LLC’s holdings in Advanced Micro Devices were worth $11,746,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. HHM Wealth Advisors LLC grew its stake in shares of Advanced Micro Devices by 2.4% during the third quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock worth $282,000 after acquiring an additional 40 shares during the last quarter. HBK Sorce Advisory LLC grew its position in Advanced Micro Devices by 0.3% during the 3rd quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer’s stock worth $2,169,000 after purchasing an additional 43 shares during the last quarter. Wilmington Savings Fund Society FSB increased its stake in Advanced Micro Devices by 0.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock valued at $1,409,000 after purchasing an additional 43 shares in the last quarter. Moseley Investment Management Inc. raised its holdings in shares of Advanced Micro Devices by 0.5% in the third quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock worth $1,437,000 after buying an additional 44 shares during the last quarter. Finally, OneAscent Family Office LLC lifted its stake in shares of Advanced Micro Devices by 2.6% during the third quarter. OneAscent Family Office LLC now owns 1,755 shares of the semiconductor manufacturer’s stock worth $284,000 after buying an additional 44 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the completion of the transaction, the executive vice president directly owned 289,098 shares of the company’s stock, valued at $62,679,337.38. This represents a 6.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the completion of the sale, the chief executive officer directly owned 3,152,476 shares in the company, valued at $675,764,755.36. This represents a 3.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 291,342 shares of company stock worth $62,938,155 in the last ninety days. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $207.32 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01. The stock has a market capitalization of $338.02 billion, a price-to-earnings ratio of 78.23, a PEG ratio of 0.78 and a beta of 1.94. The firm’s 50 day simple moving average is $221.05 and its 200-day simple moving average is $206.50. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. The firm had revenue of $10.27 billion for 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 firm’s quarterly revenue was up 34.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.09 earnings per share. Analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD expanded its Helios rack‑scale AI architecture offering in India via a large partnership with Tata Consultancy Services (TCS), targeting enterprise AI deployments (200MW) and positioning AMD to challenge Nvidia in a fast‑growing market — a clear data‑center and AI revenue catalyst. AMD Targets Nvidia’s Turf With Massive Tata Partnership
• Positive Sentiment: Street moves: AMD was upgraded at DA Davidson and several analyst writeups argue there’s substantial upside (one note cites ~40% potential), supporting a higher valuation narrative tied to data‑center and PC strength. Advanced Micro Devices (NASDAQ:AMD) Upgraded at DA Davidson
• Positive Sentiment: AMD continues to appear on lists of top AI names and in bullish analyst/blog coverage highlighting its growth runway in servers and inference — supportive for investor interest and flows into the stock. 10 AI Stocks to Watch: Broadcom, AMD, and More
• Neutral Sentiment: Analyst and market commentary (Zacks, NVTS comparisons) are weighing AMD against peers — useful for context but mixed in directional impact as AMD’s valuation and growth story are debated. The Zacks Analyst Blog NVIDIA, Micron Technology, Palantir and Advanced Micro Devices
• Negative Sentiment: Insider activity: AMD’s CEO sold roughly $26.8M of stock — a headline that can weigh on sentiment even if such sales are routine. Insider Selling: Advanced Micro Devices (NASDAQ:AMD) CEO Sells $26,795,000.00 in Stock
• Negative Sentiment: Product skepticism: at least one analyst cautioned that AMD’s upcoming Instinct MI455 and related roadmap may not yet meet expectations, a factor that could cap near‑term upside if benchmarks or adoption disappoint. ‘It’s Not Good Enough,’ Says Analyst About AMD Stock

Wall Street Analyst Weigh In

Several research firms recently issued reports on AMD. Mizuho upped their target price on Advanced Micro Devices from $275.00 to $285.00 and gave the company an “outperform” rating in a research report on Wednesday, November 12th. Bank of America reissued a “buy” rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, November 12th. CICC Research raised Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 target price for the company in a report on Friday, November 7th. Phillip Securities upgraded shares of Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a report on Sunday, February 8th. Finally, Morgan Stanley reduced their price target on shares of Advanced Micro Devices from $260.00 to $255.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $288.17.

Advanced Micro Devices 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.