McGuire Investment Group LLC lowered its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 1.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 221,074 shares of the semiconductor manufacturer’s stock after selling 2,738 shares during the period. Advanced Micro Devices accounts for about 4.1% of McGuire Investment Group LLC’s holdings, making the stock its 4th biggest position. McGuire Investment Group LLC’s holdings in Advanced Micro Devices were worth $35,768,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Wise Wealth Partners bought a new stake in shares of Advanced Micro Devices during the 2nd quarter worth about $343,000. Waterfront Wealth Inc. acquired a new stake in Advanced Micro Devices in the 2nd quarter worth approximately $1,145,000. Parisi Gray Wealth Management bought a new stake in Advanced Micro Devices during the second quarter worth approximately $343,000. Global Retirement Partners LLC acquired a new position in Advanced Micro Devices during the second quarter valued at approximately $4,519,000. Finally, Cornercap Investment Counsel Inc. raised its position in shares of Advanced Micro Devices by 43.3% in the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock valued at $1,738,000 after purchasing an additional 3,702 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts recently issued reports on AMD shares. JPMorgan Chase & Co. upped their price objective on shares of Advanced Micro Devices from $180.00 to $270.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Wedbush restated an “outperform” rating and set a $290.00 price target on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Melius Research set a $380.00 price objective on Advanced Micro Devices in a research note on Wednesday, November 12th. Robert W. Baird set a $300.00 price objective on Advanced Micro Devices in a research report on Wednesday, November 5th. Finally, Wall Street Zen downgraded Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Saturday, December 27th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $277.06.
Advanced Micro Devices Stock Up 4.3%
AMD stock opened at $223.47 on Friday. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08. The company has a market cap of $363.82 billion, a PE ratio of 110.63, a price-to-earnings-growth ratio of 0.95 and a beta of 1.95. The business’s 50-day simple moving average is $226.12 and its 200 day simple moving average is $189.45. The company has a quick ratio of 1.68, a current ratio of 2.31 and a debt-to-equity ratio of 0.04.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $9.25 billion during the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter in the prior year, the firm posted $0.92 EPS. The company’s revenue for the quarter was up 35.6% on a year-over-year basis. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.
Insider Transactions at Advanced Micro Devices
In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $229.37, for a total value of $4,461,246.50. Following the completion of the transaction, the executive vice president owned 300,348 shares in the company, valued at approximately $68,890,820.76. This represents a 6.08% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Mark D. Papermaster sold 17,108 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 181,226 shares of company stock valued at $39,877,820. Company insiders own 0.06% of the company’s stock.
Key Advanced Micro Devices News
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AI/datacenter strength — chipmakers kicked off 2026 higher as hyperscalers keep building out AI datacenters, lifting demand expectations for AMD’s data‑center GPUs and CPUs. Chip stocks rally to start 2026 after third-straight winning year
- Positive Sentiment: Upcoming CES keynote by CEO Lisa Su (Jan. 5) is a near-term catalyst — investors expect product/partnership announcements that could reinforce growth narratives. Dear AMD Stock Fans, Mark Your Calendars for January 5
- Positive Sentiment: Market share gains in consumer/gaming CPUs — December Steam survey data showed AMD share up, supporting the firm’s consumer revenue mix and investor optimism about sustained share gains. AMD Stock Jumps as Its Steam CPU Market Share Soars
- Positive Sentiment: Analyst bullishness and high price targets — multiple firms maintain buy/outperform ratings and Wall Street models project further upside for 2026, which supports demand from institutional buyers. AMD Stock Forecast: Top Analysts Predict a 32% Rally in 2026
- Neutral Sentiment: Unusual options activity — scanners flagged heavy call buying across a wide strike range ($140–$280) and “whale” flows, which can amplify intraday moves but also reflect speculative positioning. AMD stock sees unusual options activity as whale calls dominate
- Neutral Sentiment: Social/media buzz on AI leadership — online chatter and condensed sentiment note strong 2025 performance and optimism about AMD’s AI roadmap; useful for sentiment but noisy as a fundamental signal. Advanced Micro Devices Stock (AMD) Opinions on AI Sector Growth
- Neutral Sentiment: Synopsis pieces and market commentary tie today’s move to the above mix — handy summaries for investors tracking catalysts. Why Is Advanced Micro Devices (AMD) Stock Up Today?
- Negative Sentiment: Heavy insider selling — data shows numerous executive sales (multiple senior officers, including the CEO) over recent months with no insider purchases; this can temper confidence and is a watch item for investors. Advanced Micro Devices Stock (AMD) Opinions on AI Sector Growth
About Advanced Micro Devices
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.
Featured Stories
- Five stocks we like better than Advanced Micro Devices
- A month before the crash
- Do not delete, read immediately
- Bitcoin is down but your income is about to explode
- The $100 Trillion AI Story No One Is Telling You
- Market Panic: Trump Just Dropped a Bomb on Your Stocks
Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report).
Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.
