Athena Wealth Management LLC Purchases New Holdings in Advanced Micro Devices, Inc. $AMD

Athena Wealth Management LLC acquired a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,402 shares of the semiconductor manufacturer’s stock, valued at approximately $858,000.

A number of other institutional investors and hedge funds have also bought and sold shares of AMD. Southpoint Capital Advisors LP grew its stake in shares of Advanced Micro Devices by 50.0% during the first quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer’s stock valued at $183,087,000 after purchasing an additional 300,000 shares during the last quarter. Boomfish Wealth Group LLC acquired a new position in Advanced Micro Devices during the 1st quarter worth $1,193,000. Dimensional Fund Advisors LP boosted its position in Advanced Micro Devices by 6.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,142,516 shares of the semiconductor manufacturer’s stock valued at $1,045,954,000 after buying an additional 291,165 shares during the last quarter. Lord Abbett & CO. LLC acquired a new stake in shares of Advanced Micro Devices in the 4th quarter valued at $100,834,000. Finally, Ferguson Wellman Capital Management Inc. increased its stake in shares of Advanced Micro Devices by 6,968.7% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 140,313 shares of the semiconductor manufacturer’s stock valued at $85,995,000 after buying an additional 138,328 shares during the period. Institutional investors own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AMD. Wall Street Zen raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Sunday, October 4th. The Goldman Sachs Group boosted their price objective on Advanced Micro Devices from $450.00 to $640.00 and gave the stock a “buy” rating in a report on Monday, July 6th. Mizuho upped their target price on shares of Advanced Micro Devices from $580.00 to $705.00 and gave the company an “outperform” rating in a research report on Tuesday. Stifel Nicolaus raised their target price on shares of Advanced Micro Devices from $635.00 to $700.00 and gave the company a “buy” rating in a research note on Monday. Finally, DA Davidson boosted their price target on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $585.26.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Industry data remains supportive: TSMC reported record quarterly revenue, up 50% year over year, signaling continued demand for AI processors from customers including AMD. Samsung also posted record profits driven by AI-memory demand. TSMC AI demand article
• Positive Sentiment: CEO Lisa Su reportedly met with Samsung and SK Hynix executives to strengthen AI-chip supply relationships. A potential Samsung foundry and memory arrangement could help AMD address constrained supply as data-center demand expands. AMD Samsung partnership article
• Positive Sentiment: Some analysts see additional upside from AMD’s expanding CPU, Instinct GPU and inference-chip businesses. Citi recently raised its target, while BNP Paribas highlighted an opportunity for further growth across AI infrastructure. AMD growth opportunity article
• Neutral Sentiment: AMD is scheduled to report third-quarter results on November 3. The release is likely to be the next major catalyst as investors look for evidence that revenue growth, AI demand and margins can justify the stock’s premium valuation. AMD earnings date article
• Negative Sentiment: Valuation is the central concern. AMD has rallied roughly 200% in 2026 and reached a market capitalization near $1 trillion, leaving investors demanding strong execution and accelerating profits. Commentary warns that the stock may be priced for near-perfect results, while some forecasts suggest 2027 could be more difficult. AMD valuation article
• Negative Sentiment: A broader semiconductor sell-off is also weighing on AMD. Rising Treasury yields and oil prices have increased concerns about inflation and interest rates, pressuring high-growth AI stocks whose valuations depend heavily on future earnings. Semiconductor sell-off article
• Negative Sentiment: ARK Invest reportedly sold approximately $14 million of AMD shares, adding a modest sentiment headwind after the stock’s steep advance. ARK Invest AMD sale article

Insider Activity

In related news, CEO Lisa T. Su sold 25,000 shares of the firm’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $506.79, for a total transaction of $12,669,750.00. Following the sale, the chief executive officer directly owned 74,211 shares in the company, valued at $37,609,392.69. This trade represents a 25.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the completion of the sale, the executive vice president directly owned 1,261,461 shares in the company, valued at $595,245,602.07. This represents a 2.23% decrease in their ownership of the stock. 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 ninety days, insiders sold 213,838 shares of company stock worth $105,533,836. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices Trading Down 1.6%

Advanced Micro Devices stock traded down $10.02 during mid-day trading on Friday, hitting $610.66. 8,362,441 shares of the company’s stock were exchanged, compared to its average volume of 32,476,545. Advanced Micro Devices, Inc. has a fifty-two week low of $188.22 and a fifty-two week high of $658.52. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $996.89 billion, a P/E ratio of 157.02, a PEG ratio of 6.69 and a beta of 2.45. The company’s 50 day simple moving average is $526.31 and its 200-day simple moving average is $458.39.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.04. The company had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The company’s revenue for the quarter was up 50.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.48 earnings per share. On average, equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current year.

Advanced Micro Devices Profile

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.