Advanced Micro Devices, Inc. $AMD Stock Purchased by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC grew its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1,262.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,636 shares of the semiconductor manufacturer’s stock after purchasing an additional 70,084 shares during the quarter. Advanced Micro Devices makes up approximately 1.3% of Sax Wealth Advisors LLC’s investment portfolio, making the stock its 15th largest position. Sax Wealth Advisors LLC’s holdings in Advanced Micro Devices were worth $46,271,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in AMD. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Advanced Micro Devices in the 3rd quarter worth approximately $29,000. JNBA Financial Advisors grew its position in Advanced Micro Devices by 142.9% during the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 30 shares during the last quarter. Bullseye Investment Management LLC acquired a new position in shares of Advanced Micro Devices in the second quarter valued at about $44,000. Luminist Capital LLC acquired a new position in Advanced Micro Devices during the second quarter valued at $46,000. Finally, BOK Financial Private Wealth Inc. purchased a new stake in shares of Advanced Micro Devices in the second quarter worth about $53,000. Institutional investors own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark Papermaster sold 28,811 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total value of $13,595,046.57. Following the transaction, the executive vice president directly owned 1,261,461 shares of the company’s stock, valued at $595,245,602.07. This represents a 2.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 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 transaction, the executive vice president owned 160,979 shares in the company, valued at $76,316,924.32. This trade 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 ninety days, insiders sold 213,838 shares of company stock valued at $105,533,836. 0.50% of the stock is currently owned by insiders.

Key Advanced Micro Devices News

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

• Positive Sentiment: Scaleway plans to build an AMD-powered AI supercomputer in Sweden, providing a tangible customer win for AMD’s EPYC processors and Instinct accelerators and supporting its expansion beyond Nvidia’s ecosystem. Scaleway to build AMD-powered AI supercomputer in Sweden
• Positive Sentiment: AMD unveiled its Helion open rack-scale platform for agentic AI. The design can support CPU-only systems or combined CPU/GPU configurations, with availability planned for November 2026, potentially broadening AMD’s role in enterprise and hyperscale data centers. AMD unveils Helion open rack blueprint
• Positive Sentiment: CEO Lisa Su said AI inference and agentic applications could drive approximately $1.5 trillion of demand by 2030, reinforcing AMD’s long-term growth opportunity if it can capture more accelerator and infrastructure share. AMD CEO Lisa Su on AI inference demand
• Neutral Sentiment: Reports that President Donald Trump’s investment team sold as much as $5 million of AMD shares in August may weigh on sentiment, but the trade was made by an independent investment team and is not a direct company-specific signal. Trump investment team sold AMD
• Negative Sentiment: AMD is participating in a wider chip-sector decline as investors question AI funding, face rising China competition in advanced memory and reassess the sustainability of heavy data-center spending. Chip stocks extend slide
• Negative Sentiment: OpenAI’s reportedly reduced revenue outlook has prompted investors to revisit assumptions about AI infrastructure demand, creating indirect risk for AMD’s accelerator growth and related projects.
• Negative Sentiment: Recent Helion and other AI infrastructure announcements have not produced immediate revenue, leaving investors focused on execution, customer adoption and the timing of future deployments.
• Negative Sentiment: After a substantial run-up, AMD trades at a very demanding valuation—roughly 151 times earnings and 6.3 times expected growth—raising profit-taking risk and requiring strong earnings growth to justify the share price.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD traded up $3.18 during trading on Tuesday, hitting $597.42. 9,522,541 shares of the company were exchanged, compared to its average volume of 32,296,340. The firm’s fifty day moving average price is $531.14 and its 200 day moving average price is $463.99. The company has a market cap of $975.27 billion, a price-to-earnings ratio of 154.09, a PEG ratio of 6.29 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. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly 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. The company had revenue of $11.54 billion during the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The business’s revenue for the quarter was up 50.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.48 earnings per share. On average, sell-side analysts expect that Advanced Micro Devices, Inc. will post 6.45 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on AMD shares. Piper Sandler assumed coverage on shares of Advanced Micro Devices in a research note on Tuesday, September 15th. They set an “overweight” rating and a $600.00 target price on the stock. Susquehanna upped their price target on Advanced Micro Devices from $450.00 to $500.00 and gave the company a “positive” rating in a research report on Thursday, July 30th. Wedbush reiterated an “outperform” rating and issued a $600.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Royal Bank Of Canada reissued a “sector perform” rating and set a $540.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Finally, 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. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $593.82.

About Advanced Micro Devices

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.