Advanced Micro Devices, Inc. $AMD Shares Newly Bought by Sterling Manor Financial LLC

Sterling Manor Financial LLC bought a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,552 shares of the semiconductor manufacturer’s stock, valued at approximately $949,000. Advanced Micro Devices comprises about 0.5% of Sterling Manor Financial LLC’s investment portfolio, making the stock its 20th largest position.

A number of other large investors have also made changes to their positions in AMD. LifeWealth Investments LLC boosted its stake in shares of Advanced Micro Devices by 105.6% during the 3rd quarter. LifeWealth Investments LLC now owns 1,914 shares of the semiconductor manufacturer’s stock worth $1,171,000 after acquiring an additional 983 shares during the last quarter. Sowell Financial Services LLC grew its position in shares of Advanced Micro Devices by 3.7% during the 3rd quarter. Sowell Financial Services LLC now owns 23,352 shares of the semiconductor manufacturer’s stock valued at $14,286,000 after acquiring an additional 840 shares during the period. Atticus Wealth Management LLC grew its position in shares of Advanced Micro Devices by 10.0% during the 3rd quarter. Atticus Wealth Management LLC now owns 2,400 shares of the semiconductor manufacturer’s stock valued at $1,468,000 after acquiring an additional 218 shares during the period. Axecap Investments LLC purchased a new stake in shares of Advanced Micro Devices in the 3rd quarter worth $506,000. Finally, Quadrant Capital Group LLC increased its stake in shares of Advanced Micro Devices by 3.8% in the 3rd quarter. Quadrant Capital Group LLC now owns 43,459 shares of the semiconductor manufacturer’s stock worth $26,316,000 after purchasing an additional 1,611 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD opened at $552.72 on Thursday. The firm has a market cap of $902.30 billion, a PE ratio of 142.09, a price-to-earnings-growth ratio of 5.49 and a beta of 2.45. The firm’s 50 day simple moving average is $541.00 and its 200-day simple moving average is $481.17. Advanced Micro Devices, Inc. has a one year low of $188.22 and a one year high of $658.52. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.04. The firm had revenue of $11.54 billion during 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 company’s revenue was up 50.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.48 earnings per share. As a group, equities analysts predict that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.

Key Advanced Micro Devices News

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

• Positive Sentiment: Higher analyst price target: Susquehanna raised its AMD target from $550 to $620 and maintained a positive rating, citing continued AI and data-center momentum. Wedbush also reaffirmed an Outperform rating with a $600 target.
• Positive Sentiment: Expanding AI infrastructure footprint: Vultr plans to deploy AMD Instinct MI355X GPUs in a 20-megawatt supercluster in Chennai, India. The project would become India’s largest AMD Instinct deployment and strengthens AMD’s position in enterprise and sovereign AI computing. Vultr and AMD Expand Global Collaboration
• Positive Sentiment: Long-term AI opportunity: Coverage highlighted AMD’s planned $8.2 billion investment in emerging AI applications such as robotics, simulation and physical AI. Analysts also view AMD’s server CPU business as a beneficiary of agentic-AI growth, while Anthropic’s large computing commitments reinforce expectations for sustained infrastructure spending.
• Positive Sentiment: Sector tailwinds: Strong updates from Super Micro Computer and SpaceX helped ease concerns about an AI-spending slowdown, lifting major semiconductor names. AMD also contributed to gains in the Nasdaq-100 and broad-market ETFs. Why Nvidia, AMD and Intel Stocks Are Surging
• Neutral Sentiment: Competitive positioning: Investor coverage continues to compare AMD with Nvidia, emphasizing AMD’s exposure to CPUs, GPUs and data-center infrastructure as potential ways to benefit from an AI buildout that may have several years left to run.
• Negative Sentiment: Valuation and earnings risk: AMD has risen sharply this year and trades at a demanding earnings multiple. Investors are focused on the November 3 quarterly report, with the stock vulnerable to disappointment in revenue growth, margins or AI demand guidance. After a 137% Run, Is AMD Priced for Perfection?
• Negative Sentiment: Insider selling: EVP Forrest Norrod sold 17,262 shares worth about $9.3 million under a pre-arranged Rule 10b5-1 plan. Because he retained a substantial position, the transaction is a limited rather than decisive negative signal.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Stifel Nicolaus upped their target price on shares of Advanced Micro Devices from $635.00 to $700.00 and gave the stock a “buy” rating in a research report on Monday, October 5th. Zacks Research downgraded Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 1st. UBS Group reissued an “overweight” rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Melius Research set a $660.00 target price on Advanced Micro Devices in a research report on Friday, July 24th. Finally, Robert W. Baird set a $1,250.00 target price on Advanced Micro Devices in a research report on Friday, July 24th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $606.76.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Jean X. Hu sold 15,000 shares of the firm’s 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 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. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,262 shares of Advanced Micro Devices stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $540.70, for a total value of $9,333,563.40. Following the sale, the executive vice president directly owned 353,317 shares of the company’s stock, valued at approximately $191,038,501.90. This trade represents a 4.66% 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 sold a total of 231,100 shares of company stock worth $114,867,400 over the last three months. Corporate insiders own 0.50% of the company’s stock.

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.