1,237 Advanced Micro Devices, Inc. $AMD Shares Acquired by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 88.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,640 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,237 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in Advanced Micro Devices were worth $1,615,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. DecisionPoint Financial LLC grew its holdings in Advanced Micro Devices by 79.2% in the 3rd quarter. DecisionPoint Financial LLC now owns 43 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 19 shares during the period. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Advanced Micro Devices during the 3rd quarter worth about $29,000. JNBA Financial Advisors lifted its holdings in shares of 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 acquiring an additional 30 shares during the period. Graney & King LLC acquired a new stake in shares of Advanced Micro Devices in the first quarter worth approximately $31,000. Finally, Main Street Group LTD acquired a new stake in shares of Advanced Micro Devices in the first quarter worth approximately $33,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: AMD is viewed by some analysts as a buy ahead of earnings, with expectations for continued growth in data-center and AI-related products. A strong report or upbeat outlook could help restore confidence after the recent pullback. AMD, ANET, DDOG: 3 Tech Stocks to Buy Ahead of Earnings, According to Analysts
• Positive Sentiment: Institutional positioning provides a bullish signal: Tiger Global reportedly opened a roughly $392 million AMD position in the second quarter. Although ARK Invest reduced its AMD stake by 48%, the chipmaker remained one of ARK’s largest holdings. A $24 Billion Hedge Fund Bought Advanced Micro Devices. Cathie Wood Cut Her Stake 48%. Who’s Right?
• Positive Sentiment: AMD’s shares rebounded alongside Nvidia and Broadcom after Friday’s sector-wide decline, suggesting some investors are treating the sell-off as a buying opportunity ahead of major technology earnings.
• Neutral Sentiment: Tuesday’s results are a major near-term catalyst. Management commentary on AI infrastructure demand, customer spending and memory costs could determine whether the broader AI-chip trade recovers or remains under pressure. AMD, Arista, Supermicro Earnings Previews: Can AI Infrastructure Shake Off Friday’s Rout?
• Negative Sentiment: Intel’s weaker outlook, attributed partly to declining PC shipments, has raised concerns that AMD could also face softness in its PC business. Investors are also questioning AMD’s roughly 130 price-to-earnings ratio and whether AI-related growth already reflects overly optimistic expectations. Intel Has a Massive Warning for AMD Stock Investors

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $504.80 on Monday. The business’s 50-day moving average is $548.29 and its two-hundred day moving average is $409.20. 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, Inc. has a 12 month low of $188.22 and a 12 month high of $658.52. The firm has a market capitalization of $824.07 billion, a PE ratio of 129.77, a price-to-earnings-growth ratio of 5.18 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS 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 company had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. During the same quarter in the previous year, the firm posted $0.48 earnings per share. The firm’s quarterly revenue was up 50.1% on a year-over-year basis. Research analysts predict that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. KeyCorp set a $650.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Weiss Ratings raised Advanced Micro Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. CLSA reiterated an “outperform” rating and set a $710.00 target price on shares of Advanced Micro Devices in a report on Wednesday, September 9th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $540.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Finally, Citigroup increased their target price on shares of Advanced Micro Devices from $575.00 to $800.00 and gave the stock a “buy” rating in a research report on Tuesday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus price target of $607.57.

Insider Buying and Selling at Advanced Micro Devices

In related news, CEO Lisa Su sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $506.79, for a total transaction of $12,669,750.00. Following the transaction, the chief executive officer directly owned 74,211 shares of the company’s stock, valued at approximately $37,609,392.69. The trade was a 25.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 completion of the transaction, the executive vice president owned 1,261,461 shares of the company’s stock, valued at approximately $595,245,602.07. This represents a 2.23% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 231,100 shares of company stock worth $114,867,400. Insiders own 0.50% of the company’s stock.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded markets and other specialized applications.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics processing units, and Instinct accelerators for artificial intelligence and high-performance computing.