Hennion & Walsh Asset Management Inc. Raises Position in Advanced Micro Devices, Inc. $AMD

Hennion & Walsh Asset Management Inc. raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 21.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 21,324 shares of the semiconductor manufacturer’s stock after buying an additional 3,769 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Advanced Micro Devices were worth $3,450,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in AMD. Pinney & Scofield Inc. increased its position in shares of Advanced Micro Devices by 81.0% during the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 85 shares in the last quarter. Dogwood Wealth Management LLC boosted its stake in Advanced Micro Devices by 2,311.1% during the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 208 shares during the last quarter. Avion Wealth grew its holdings in shares of Advanced Micro Devices by 49.3% during the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 72 shares in the last quarter. West Branch Capital LLC raised its position in shares of Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after buying an additional 214 shares during the last quarter. Finally, Evolution Wealth Management Inc. purchased a new position in shares of Advanced Micro Devices in the second quarter worth about $34,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

AMD has been the subject of several research reports. Mizuho upped their price objective on shares of Advanced Micro Devices from $275.00 to $285.00 and gave the company an “outperform” rating in a research note on Wednesday, November 12th. Wells Fargo & Company upped their price target on Advanced Micro Devices from $300.00 to $345.00 and gave the company an “overweight” rating in a research report on Wednesday, November 12th. Sanford C. Bernstein reiterated a “market perform” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Roth Capital reissued a “buy” rating and set a $300.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $280.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $277.06.

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD unveiled new data‑center GPUs (MI455, MI440X) and previewed the MI500 roadmap at CES, positioning the company to attack smaller enterprise/private data‑center demand and narrow the gap with NVDA. AMD unveils new chips at CES
• Positive Sentiment: AMD rolled out the Ryzen AI 400 Series, Ryzen AI Max+, Ryzen AI Halo developer mini‑PC and the Ryzen 7 9850X3D gaming CPU — expanding addressable markets across AI PCs, edge/embedded and gaming while strengthening software (ROCm) support. These product announcements boost OEM adoption and developer momentum. AMD CES press release
• Positive Sentiment: AMD emphasized ecosystem wins (OEM product launches, partner demos, OpenAI participation) and software bundles (ROCm, Adrenalin AI) that improve developer stickiness and accelerate on‑device AI adoption. These help convert product roadmaps into revenue opportunities. Ecosystem and partner details
• Neutral Sentiment: AMD set its fiscal Q4 and full‑year 2025 earnings release and webcast for Feb. 3 — a near‑term catalyst where management can quantify CES product traction, demand trends and margin outlook. Earnings date announcement
• Negative Sentiment: Short‑term profit‑taking after a blockbuster 2025 gain has triggered selling pressure; several market reports attribute today’s weakness to investors locking in gains rather than new fundamental concerns. Profit‑taking coverage
• Negative Sentiment: Recent insider selling and active institutional rebalancing have amplified downward pressure; heavy insider dispositions can weigh on sentiment even if company outlook remains intact. QuiverQuant insider activity
• Negative Sentiment: Rising memory/pricing dynamics could push GPU costs higher (reported industry price increases), which may pressure OEM pricing, demand elasticity and near‑term margins for GPU products. Memory price/margin risk

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $214.35 on Wednesday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.68 and a current ratio of 2.31. The company has a 50 day moving average price of $224.48 and a 200 day moving average price of $191.17. The stock has a market capitalization of $348.97 billion, a P/E ratio of 106.11, a PEG ratio of 0.94 and a beta of 1.95.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.The company had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. During the same period in the prior year, the firm earned $0.92 earnings per share. The firm’s revenue was up 35.6% compared to the same quarter last year. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $240.12, for a total value of $4,107,972.96. Following the completion of the transaction, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at $411,686,940.60. The trade was a 0.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the sale, the chief executive officer owned 3,277,476 shares in the company, valued at $705,116,186.64. This trade represents a 3.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 178,358 shares of company stock worth $39,229,623 in the last three months. 0.06% of the stock is owned by company insiders.

Advanced Micro Devices Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.