Park Avenue Securities LLC raised its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 6.7% during the third quarter, HoldingsChannel reports. The fund owned 65,831 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,108 shares during the quarter. Park Avenue Securities LLC’s holdings in Advanced Micro Devices were worth $40,273,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Segment Wealth Management LLC grew its holdings in Advanced Micro Devices by 4.2% during the 3rd quarter. Segment Wealth Management LLC now owns 1,901 shares of the semiconductor manufacturer’s stock valued at $1,163,000 after purchasing an additional 76 shares during the last quarter. Verdence Capital Advisors LLC raised its position in Advanced Micro Devices by 10.1% in the 3rd quarter. Verdence Capital Advisors LLC now owns 12,207 shares of the semiconductor manufacturer’s stock worth $7,468,000 after purchasing an additional 1,120 shares during the period. National Wealth Management Group LLC lifted its stake in Advanced Micro Devices by 3.8% in the third quarter. National Wealth Management Group LLC now owns 4,789 shares of the semiconductor manufacturer’s stock worth $2,930,000 after purchasing an additional 175 shares during the last quarter. Aegis Wealth Management Inc. lifted its stake in Advanced Micro Devices by 41.5% in the third quarter. Aegis Wealth Management Inc. now owns 1,153 shares of the semiconductor manufacturer’s stock worth $705,000 after purchasing an additional 338 shares during the last quarter. Finally, Maxi Investments CY Ltd lifted its stake in Advanced Micro Devices by 49.2% in the third quarter. Maxi Investments CY Ltd now owns 19,400 shares of the semiconductor manufacturer’s stock worth $11,868,000 after purchasing an additional 6,400 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on AMD. Raymond James Financial upgraded Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and boosted their target price for the company from $565.00 to $641.00 in a research report on Tuesday, August 25th. UBS Group reiterated an “overweight” rating on shares of Advanced Micro Devices in a report on Friday, July 24th. Royal Bank Of Canada reissued a “sector perform” rating and set a $540.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. JPMorgan Chase & Co. boosted their price objective on Advanced Micro Devices from $385.00 to $550.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Finally, Morgan Stanley upped their price objective on Advanced Micro Devices from $410.00 to $465.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $606.76.
Check Out Our Latest Stock Analysis on Advanced Micro Devices
Advanced Micro Devices Price Performance
Shares of AMD stock opened at $531.28 on Tuesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The company has a market capitalization of $867.30 billion, a P/E ratio of 136.58, a P/E/G ratio of 5.30 and a beta of 2.45. The company’s 50-day simple moving average is $542.28 and its two-hundred day simple moving average is $400.69. Advanced Micro Devices, Inc. has a one year low of $188.22 and a one year high of $658.52.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The business had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same period last year, the company posted $0.48 earnings per share. The company’s quarterly revenue was up 50.1% compared to the same quarter last year. As a group, equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.
Insider Buying and Selling
In other Advanced Micro Devices news, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the completion of the sale, the executive vice president directly owned 160,979 shares of the company’s stock, valued at $76,316,924.32. The trade was a 8.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 70,000 shares of Advanced Micro Devices stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $506.80, for a total value of $35,476,000.00. Following the sale, the chief executive officer directly owned 3,032,156 shares of the company’s stock, valued at approximately $1,536,696,660.80. This trade represents a 2.26% decrease in their ownership of the stock. 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 have sold 231,100 shares of company stock valued at $114,867,400 over the last 90 days. 0.50% of the stock is owned by insiders.
Key Advanced Micro Devices News
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Meta’s AI financing plan supports demand visibility. Meta plans up to $95 billion in stock-related financing for AI infrastructure, with AMD, Nvidia and Broadcom reportedly considering up to $5 billion in combined purchases of Meta shares. The plan signals continued, large-scale spending by a major AMD customer and AI ecosystem partner. Meta equity offerings article
- Positive Sentiment: Analysts see server CPU growth as a key earnings catalyst. Wedbush identified rising AI-computing demand as a potential driver for AMD’s EPYC server CPU business ahead of the company’s November 3 earnings release. Investors are also focused on whether AMD’s Helios rack-scale AI strategy can expand its opportunity beyond GPUs into CPUs and inference workloads. Wedbush server CPU demand article
- Positive Sentiment: Semiconductor-sector momentum provided additional support. AMD participated in a broader rally following AI-related announcements from Meta and Anthropic, while strong moves in other chip stocks reinforced optimism around AI infrastructure spending. Chip stocks rally article
- Neutral Sentiment: Trading data showed no reported short interest. The October 26 report listed AMD short interest at zero shares and a zero-day short ratio. That could indicate limited short-selling pressure, although the figure may reflect a reporting or data issue rather than a meaningful change in investor positioning.
- Negative Sentiment: Valuation and competitive risks remain significant. Commentary noted that AMD has rallied sharply this year, while Nvidia continues to lead in margins and data-center scale. With AMD trading at a high valuation, investors may demand strong execution and upbeat guidance; competition from Nvidia, Broadcom, Marvell and newer AI-chip companies could limit further gains. AMD and Nvidia valuation article
Advanced Micro Devices Company 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.
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