Schaper Benz & Wise Investment Counsel Inc. WI lowered its position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 2.8% in the 3rd quarter, Holdings Channel reports. The fund owned 114,162 shares of the semiconductor manufacturer’s stock after selling 3,244 shares during the quarter. Advanced Micro Devices accounts for 4.3% of Schaper Benz & Wise Investment Counsel Inc. WI’s holdings, making the stock its 3rd biggest holding. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Advanced Micro Devices were worth $69,839,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in AMD. Atlas Brown Inc. increased its stake in shares of Advanced Micro Devices by 4.0% during the third quarter. Atlas Brown Inc. now owns 2,104 shares of the semiconductor manufacturer’s stock valued at $1,287,000 after purchasing an additional 80 shares in the last quarter. Sound Income Strategies LLC grew its position in Advanced Micro Devices by 23.5% during the 3rd quarter. Sound Income Strategies LLC now owns 3,952 shares of the semiconductor manufacturer’s stock valued at $2,453,000 after purchasing an additional 751 shares during the last quarter. Decker Wealth Management LLC bought a new stake in shares of Advanced Micro Devices in the 3rd quarter worth $285,000. Bill Few Associates Inc. lifted its position in Advanced Micro Devices by 6.7% during the third quarter. Bill Few Associates Inc. now owns 918 shares of the semiconductor manufacturer’s stock valued at $562,000 after purchasing an additional 58 shares during the period. Finally, Avity Investment Management Inc. boosted its position in Advanced Micro Devices by 70.2% in the third quarter. Avity Investment Management Inc. now owns 73,065 shares of the semiconductor manufacturer’s stock worth $44,698,000 after purchasing an additional 30,128 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the company. Jefferies Financial Group set a $650.00 price target on Advanced Micro Devices in a research note on Wednesday, August 5th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Advanced Micro Devices in a research report on Monday. Wells Fargo & Company raised their target price on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Wall Street Zen upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Sunday, October 4th. Finally, Zacks Research downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average price target of $585.26.
Advanced Micro Devices Price Performance
Advanced Micro Devices stock opened at $608.10 on Friday. Advanced Micro Devices, Inc. has a 12-month low of $188.22 and a 12-month high of $658.52. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The firm has a 50-day moving average price of $528.95 and a 200-day moving average price of $459.44. The firm has a market capitalization of $992.71 billion, a PE ratio of 156.32, a price-to-earnings-growth ratio of 6.39 and a beta of 2.45.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating the consensus estimate of $1.62 by $0.04. The company had revenue of $11.54 billion for the quarter, compared to the consensus estimate 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 firm posted $0.48 EPS. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 6.48 EPS for the current year.
Insider Transactions at Advanced Micro Devices
In related news, 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 transaction of $12,669,750.00. Following the completion of the sale, the chief executive officer directly owned 74,211 shares of the company’s stock, valued at approximately $37,609,392.69. This trade represents a 25.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of the company’s stock in a transaction on Tuesday, August 25th. The shares were 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 in the company, valued at $76,316,924.32. This trade represents 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 90 days, insiders sold 213,838 shares of company stock valued at $105,533,836. Company insiders own 0.50% of the company’s stock.
Key Advanced Micro Devices News
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AI infrastructure demand remains strong. TSMC reported record quarterly revenue, while Samsung also posted exceptionally strong results tied to AI memory demand—supportive read-throughs for AMD’s data-center and accelerator businesses. TSMC quarterly results
- Positive Sentiment: AMD is reportedly exploring a foundry and memory partnership with Samsung, potentially improving access to critical manufacturing and high-bandwidth memory as AI chip supply remains constrained. AMD Samsung partnership
- Positive Sentiment: The partnership with Core Scientific highlights potential demand for AMD-powered AI data centers, while analysts and bullish commentators continue to see upside from CPUs, accelerators and inference chips. Core Scientific and AMD partnership
- Neutral Sentiment: AMD scheduled its third-quarter earnings release for November 3. The report will be an important test of whether accelerating AI demand can justify the stock’s elevated valuation. AMD earnings date
- Negative Sentiment: Valuation concerns are dominating sentiment. AMD was cited as trading near 125 times free cash flow, far above Broadcom’s roughly 46 times, leaving little room for execution missteps or slower growth. AMD versus Broadcom valuation
- Negative Sentiment: A broader market selloff, rising Treasury yields and higher oil prices pressured richly valued technology shares. ARK Invest also sold approximately $14 million of AMD stock, adding a modest negative sentiment signal. ARK Invest AMD sale
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.
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