NorthCrest Asset Manangement LLC Purchases 2,381 Shares of Advanced Micro Devices, Inc. $AMD

NorthCrest Asset Manangement LLC grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 1.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 161,614 shares of the semiconductor manufacturer’s stock after buying an additional 2,381 shares during the period. NorthCrest Asset Manangement LLC’s holdings in Advanced Micro Devices were worth $26,148,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. DeDora Capital Inc. raised its holdings in Advanced Micro Devices by 3.8% during the 3rd quarter. DeDora Capital Inc. now owns 11,272 shares of the semiconductor manufacturer’s stock worth $1,824,000 after purchasing an additional 410 shares during the last quarter. Intrua Financial LLC bought a new stake in shares of Advanced Micro Devices during the third quarter worth approximately $652,000. Xcel Wealth Management LLC raised its stake in shares of Advanced Micro Devices by 6.5% during the third quarter. Xcel Wealth Management LLC now owns 12,463 shares of the semiconductor manufacturer’s stock worth $2,016,000 after buying an additional 766 shares during the last quarter. Formidable Asset Management LLC lifted its holdings in Advanced Micro Devices by 17.4% in the third quarter. Formidable Asset Management LLC now owns 20,538 shares of the semiconductor manufacturer’s stock valued at $3,323,000 after buying an additional 3,042 shares during the period. Finally, Partners Wealth Management LLC bought a new position in Advanced Micro Devices in the third quarter valued at approximately $305,000. Institutional investors own 71.34% of the company’s stock.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the sale, the executive vice president directly owned 300,348 shares of the company’s stock, valued at approximately $68,890,820.76. This represents a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $240.12, for a total transaction 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 approximately $411,686,940.60. This trade represents a 0.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 161,558 shares of company stock worth $35,461,719. Corporate insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group increased their price target on Advanced Micro Devices from $150.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday, October 8th. HSBC raised their target price on Advanced Micro Devices from $185.00 to $310.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Raymond James Financial started coverage on Advanced Micro Devices in a research note on Thursday, November 20th. They issued an “outperform” rating and a $377.00 price target for the company. Jefferies Financial Group set a $300.00 price target on shares of Advanced Micro Devices and gave the company a “positive” rating in a research report on Monday, October 6th. Finally, Benchmark boosted their price objective on shares of Advanced Micro Devices from $270.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average target price of $276.16.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: KeyBanc upgraded AMD to Overweight and set a $270 price target, citing accelerating hyperscaler/server demand and improved visibility for CPUs and AI products — a catalyst for institutional buying. AMD Gets KeyBanc Upgrade as Hyperscaler Demand Accelerates
• Positive Sentiment: Strong analyst sentiment around CES AI processor launches: many firms remain bullish (reported ~75% positive) and consensus targets imply meaningful upside, supporting momentum into the AI cycle. Strong Analyst Sentiment on Advanced Micro Devices (AMD) Amid CES AI Processor Launches Despite Nvidia Competition
• Positive Sentiment: Riot Platforms reported a large AMD-related data‑center deal (reported as ~$1B / lease), and Riot’s stock jumped — market reaction to that partnership highlights demand for AMD-powered AI infrastructure. Riot Platforms stock jumps after $1B AMD AI deal
• Positive Sentiment: Cathie Wood’s ARK disclosed a ~$1.1M purchase of AMD shares, signaling conviction from a high‑profile growth investor and likely encouraging momentum flows. Cathie Wood Invests $1.1M in AMD Stock. Should You Buy too?
• Neutral Sentiment: Several long‑term buy writeups (e.g., The Motley Fool) highlight AMD’s diversified AI/data‑center roadmap and long‑run upside; useful for sentiment but less likely to move intraday price than concrete deals/upgrades. 2 Artificial Intelligence (AI) Stocks to Buy in January and Hold for 10 Years
• Negative Sentiment: Wall Street Zen lowered AMD to a “Hold” — a downgrade from a smaller shop that can weigh on short‑term sentiment despite larger banks remaining constructive. Advanced Micro Devices (NASDAQ:AMD) Lowered to “Hold” Rating by Wall Street Zen
• Negative Sentiment: Reports that the U.S. will impose a 25% tariff on select AI chips (affecting Nvidia and AMD) raise concerns about pricing, customer pushback or margin pressure for AI hardware shipments. Consumer Tech News (Jan 12-16): Trump Imposes 25% Tariff on Nvidia, Eyes Starlink, Pushes $1.5T Military Budget & More
• Negative Sentiment: Data shows heavy insider selling and mixed institutional moves (some large additions and notable reductions), which can temper bullish momentum if perceived as profit‑taking at higher prices. $AMD stock rose 14% this week. Here’s what we see in our data.

Advanced Micro Devices Trading Up 1.7%

Shares of NASDAQ:AMD opened at $231.83 on Monday. The firm has a market cap of $377.43 billion, a price-to-earnings ratio of 114.77, a PEG ratio of 0.97 and a beta of 1.95. 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, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. The company’s fifty day simple moving average is $218.83 and its 200 day simple moving average is $195.49.

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

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.