Choreo LLC Acquires 3,530 Shares of Advanced Micro Devices, Inc. $AMD

Choreo LLC lifted its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 41,075 shares of the semiconductor manufacturer’s stock after buying an additional 3,530 shares during the period. Choreo LLC’s holdings in Advanced Micro Devices were worth $25,128,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Argentarii LLC lifted its stake in shares of Advanced Micro Devices by 1.1% in the 3rd quarter. Argentarii LLC now owns 3,038 shares of the semiconductor manufacturer’s stock valued at $1,859,000 after purchasing an additional 34 shares during the last quarter. Sterling Financial Planning Inc. bought a new stake in Advanced Micro Devices in the third quarter worth $207,000. Sage Rhino Capital LLC boosted its holdings in Advanced Micro Devices by 5.2% in the third quarter. Sage Rhino Capital LLC now owns 2,273 shares of the semiconductor manufacturer’s stock worth $1,391,000 after purchasing an additional 113 shares in the last quarter. Foundry Financial Group Inc. increased its position in Advanced Micro Devices by 5.6% during the third quarter. Foundry Financial Group Inc. now owns 473 shares of the semiconductor manufacturer’s stock worth $289,000 after buying an additional 25 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC increased its position in Advanced Micro Devices by 4.1% during the third quarter. Financial Network Wealth Advisors LLC now owns 530 shares of the semiconductor manufacturer’s stock worth $324,000 after buying an additional 21 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Mark Papermaster sold 28,811 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the completion of the transaction, the executive vice president owned 1,261,461 shares of the company’s stock, valued at approximately $595,245,602.07. The trade was a 2.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,262 shares of the business’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $540.70, for a total value of $9,333,563.40. Following the transaction, the executive vice president directly owned 353,317 shares of the company’s stock, valued at $191,038,501.90. This represents a 4.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 231,100 shares of company stock valued at $114,867,400 in the last ninety days. Company insiders own 0.50% of the company’s stock.

Advanced Micro Devices Price Performance

NASDAQ AMD opened at $566.42 on Friday. 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 company has a fifty day simple moving average of $547.58 and a 200 day simple moving average of $407.71. The company has a market cap of $924.67 billion, a P/E ratio of 145.61, a P/E/G ratio of 5.94 and a beta of 2.45. Advanced Micro Devices, Inc. has a 1 year low of $188.22 and a 1 year high of $658.52.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. The business had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. Advanced Micro Devices’s revenue was up 50.1% compared to the same quarter last year. During the same period last year, the business posted $0.48 EPS. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on AMD shares. Rosenblatt Securities restated a “buy” rating and set a $700.00 target price on shares of Advanced Micro Devices in a report on Tuesday, September 29th. Stifel Nicolaus boosted their price target on Advanced Micro Devices from $635.00 to $700.00 and gave the stock a “buy” rating in a research report on Monday, October 5th. BMO Capital Markets assumed coverage on Advanced Micro Devices in a research note on Thursday, August 20th. They set an “outperform” rating and a $550.00 price target for the company. Piper Sandler began coverage on Advanced Micro Devices in a report on Tuesday, September 15th. They set an “overweight” rating and a $600.00 price objective on the stock. Finally, Roth Capital increased their price objective on Advanced Micro Devices from $500.00 to $650.00 and gave the company a “buy” rating in a report on Friday, July 24th. Three 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 company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $607.57.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: AMD expanded its partnership with Meta Platforms, including a planned $1 billion investment in Meta and multi-generation co-design of Instinct GPUs, EPYC processors and Helios rack-scale systems. The agreement covers Meta’s gigawatt-scale AI infrastructure and could support significant future chip demand. AMD Meta partnership article
• Positive Sentiment: Meta’s deployment of AMD hardware for AI models, along with reported agreements involving OpenAI and Anthropic, reinforces AMD’s position as a major alternative to Nvidia in the data-center accelerator market. AMD AI partnership article
• Positive Sentiment: Analysts expect AMD’s upcoming third-quarter results and outlook to benefit from continued demand for EPYC server CPUs and Instinct AI accelerators. Susquehanna also raised its price target to $650 and maintained a positive rating. AMD earnings preview
• Neutral Sentiment: AMD is scheduled to report earnings on November 3. After a powerful year-to-date rally, investors will likely focus less on a quarterly beat and more on 2027 data-center revenue expectations, supply availability, margins and forward guidance. AMD valuation and earnings article
• Negative Sentiment: Jefferies warned that AMD’s demanding valuation and potential supply constraints could limit near-term upside, even if the company beats estimates and raises guidance. Taiwan Semiconductor’s higher wafer and advanced-packaging prices also create a potential margin risk for AMD. Jefferies AMD outlook
• Negative Sentiment: Semiconductor stocks came under pressure after Alphabet’s results highlighted the enormous expense of AI infrastructure, while lighter-than-expected spending signals from major technology companies raised concerns about the sustainability and returns of the AI investment cycle. AI infrastructure market reaction
• Negative Sentiment: AMD’s valuation leaves little room for disappointment after its substantial rally, and ARK Invest’s continued reduction of its AMD position adds a modest negative sentiment signal.

Advanced Micro Devices Profile

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.