Advanced Micro Devices, Inc. $AMD Stock Holdings Lessened by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 11.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 46,649 shares of the semiconductor manufacturer’s stock after selling 6,084 shares during the period. Advanced Micro Devices makes up about 2.7% of KMG Fiduciary Partners LLC’s investment portfolio, making the stock its 10th biggest position. KMG Fiduciary Partners LLC’s holdings in Advanced Micro Devices were worth $28,627,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the business. Southpoint Capital Advisors LP raised its stake in shares of Advanced Micro Devices by 50.0% in the first quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer’s stock worth $183,087,000 after acquiring an additional 300,000 shares during the last quarter. Boomfish Wealth Group LLC bought a new stake in shares of Advanced Micro Devices during the 1st quarter valued at $1,193,000. Dimensional Fund Advisors LP lifted its stake in shares of Advanced Micro Devices by 6.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,142,516 shares of the semiconductor manufacturer’s stock valued at $1,045,954,000 after purchasing an additional 291,165 shares during the period. Ferguson Wellman Capital Management Inc. boosted its holdings in Advanced Micro Devices by 6,968.7% during the third quarter. Ferguson Wellman Capital Management Inc. now owns 140,313 shares of the semiconductor manufacturer’s stock worth $85,995,000 after buying an additional 138,328 shares during the last quarter. Finally, Douglas Lane & Associates LLC increased its stake in Advanced Micro Devices by 2,748.0% in the third quarter. Douglas Lane & Associates LLC now owns 85,952 shares of the semiconductor manufacturer’s stock valued at $52,582,000 after purchasing an additional 82,934 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Advanced Micro Devices news, EVP Mark Papermaster sold 28,811 shares of Advanced Micro Devices stock in a transaction on Thursday, August 20th. The shares were 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 directly owned 1,261,461 shares of the company’s stock, valued at $595,245,602.07. The trade was a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 transaction of $7,111,200.00. Following the completion of the transaction, the executive vice president owned 160,979 shares in the company, valued at approximately $76,316,924.32. This represents a 8.52% decrease in their ownership of the stock. 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. Over the last 90 days, insiders sold 213,838 shares of company stock valued at $105,533,836. 0.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on AMD. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $540.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Argus increased their price objective on shares of Advanced Micro Devices from $450.00 to $625.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Mizuho upped their target price on shares of Advanced Micro Devices from $580.00 to $705.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 6th. Loop Capital upgraded Advanced Micro Devices to a “strong-buy” rating in a report on Tuesday, June 16th. Finally, Morgan Stanley lifted their price target on shares of Advanced Micro Devices from $410.00 to $465.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 5th. Three equities research 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 issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $603.51.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Scaleway selected AMD for a new AI supercomputer in Sweden, providing evidence of customer adoption for AMD’s data-center GPUs and supporting its effort to compete with Nvidia in AI infrastructure. Scaleway to build AMD-powered AI supercomputer in Sweden
• Positive Sentiment: AMD’s Helion open rack blueprint combines EPYC CPUs and Instinct GPUs for agentic-AI workloads and is expected to be available in November. The platform could help AMD sell broader rack-scale systems rather than individual chips. AMD unveils Helion open rack blueprint for agentic AI
• Positive Sentiment: Fermi’s shares surged after announcing AMD financial support and a partnership, highlighting potential demand for AMD-powered computing in energy and AI infrastructure projects. Fermi partnership with AMD
• Neutral Sentiment: Market commentators remain constructive on semiconductor demand. Jim Cramer cited strong chip demand, while analysts highlighted AMD’s CPU growth potential; these views support the long-term outlook but do not immediately change earnings estimates. Jim Cramer on semiconductor stocks
• Negative Sentiment: AMD is being pulled lower by sector-wide profit-taking and risk concerns. Investors are worried that tighter financing could slow AI data-center expansion, while China’s growing semiconductor capabilities intensify competition. Why Intel and AMD stocks are falling
• Negative Sentiment: Valuation remains a key risk. After a substantial rally, AMD trades at a very high earnings multiple, leaving the stock vulnerable if AI revenue growth or customer spending falls short of expectations. Reports that a Trump-linked investment team sold AMD shares in August may also weigh on sentiment, although the sale is not a current company fundamental. Trump investment team AMD sale

Advanced Micro Devices Stock Performance

AMD opened at $605.53 on Wednesday. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 12-month low of $188.22 and a 12-month high of $658.52. The business has a 50 day moving average of $532.88 and a 200-day moving average of $466.70. The stock has a market cap of $988.51 billion, a price-to-earnings ratio of 155.66, a PEG ratio of 6.15 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The business had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same period in the previous year, the firm earned $0.48 EPS. The firm’s revenue was up 50.1% compared to the same quarter last year. On average, equities research analysts expect that Advanced Micro Devices, Inc. will post 6.45 earnings per share for the current year.

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.