Advanced Micro Devices, Inc. $AMD Shares Sold by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC cut its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 10.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 16,838 shares of the semiconductor manufacturer’s stock after selling 2,009 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Advanced Micro Devices were worth $10,301,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMD. Nvwm LLC lifted its holdings in shares of Advanced Micro Devices by 4.0% in the third quarter. Nvwm LLC now owns 17,481 shares of the semiconductor manufacturer’s stock worth $11,105,000 after buying an additional 666 shares in the last quarter. HBW Advisory Services LLC grew its stake in Advanced Micro Devices by 12.0% during the third quarter. HBW Advisory Services LLC now owns 3,263 shares of the semiconductor manufacturer’s stock valued at $1,996,000 after acquiring an additional 350 shares in the last quarter. KG Capital Management grew its stake in Advanced Micro Devices by 4.5% during the third quarter. KG Capital Management now owns 1,632 shares of the semiconductor manufacturer’s stock valued at $998,000 after acquiring an additional 71 shares in the last quarter. B.A. Schrock Wealth Management Inc. bought a new stake in Advanced Micro Devices during the 3rd quarter worth approximately $880,000. Finally, Howard Financial Services LTD. increased its holdings in Advanced Micro Devices by 17.3% during the 3rd quarter. Howard Financial Services LTD. now owns 2,186 shares of the semiconductor manufacturer’s stock worth $1,337,000 after acquiring an additional 322 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. The Goldman Sachs Group increased their target price on shares of Advanced Micro Devices from $450.00 to $640.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. BMO Capital Markets initiated coverage on shares of Advanced Micro Devices in a research report on Thursday, August 20th. They set an “outperform” rating and a $550.00 price target for the company. DA Davidson upped their price target on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Robert W. Baird set a $1,250.00 price objective on shares of Advanced Micro Devices in a research report on Friday, July 24th. Finally, Argus lifted their price objective on shares of Advanced Micro Devices from $450.00 to $625.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $603.51.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD’s long-term AI opportunity remains a key bullish argument. Analysts point to strong demand for data-center processors and accelerators, improving AI-inference software, and the potential for agentic AI to drive substantial future compute demand. AMD’s Helion rack-scale architecture, developed with an open and modular approach, could broaden its role in AI infrastructure. What Does Advanced Micro Devices AMD Helion Mean For Its AI Ambitions?
• Positive Sentiment: A credit-support agreement connected to Fermi Inc.’s 222-megawatt Texas power lease for Project Matador may help advance AI data-center capacity and could support AMD’s ecosystem and infrastructure ambitions, although related liquidity and lease risks remain. AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
• Neutral Sentiment: TSMC reported record profits and described AI-chip demand as extremely robust, supporting the underlying demand backdrop for AMD. However, TSMC’s shares also weakened, showing that strong operating results are not currently overcoming broader risk aversion in chip stocks. TSMC Posts Record Profit Amid Extremely Robust Demand for AI Chips
• Negative Sentiment: Rising Treasury yields are increasing the discount rate applied to AMD’s future earnings and raising borrowing costs for AI customers. Fears that hyperscalers and other infrastructure buyers may struggle to finance planned projects have triggered a broad semiconductor sell-off. Rate Pressure vs. AI Demand
• Negative Sentiment: AMD’s sharp year-to-date advance and premium valuation have increased profit-taking risk. Reports also highlight extensive insider selling, with no reported open-market purchases in the cited six-month period, potentially reinforcing investor concerns about valuation and expectations. AMD Stock Surges 183% YTD: Time to Hold or Exit?
• Negative Sentiment: Concerns about an AI-spending reset intensified after weakness in AI-financing markets, including a sell-off in CoreWeave bonds. Investors are questioning whether AI demand, competitive pressure and infrastructure spending can justify current chip valuations. AMD Stock Takes a Bigger Hit as Cracks Emerge in the AI Trade

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa Su sold 70,000 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $506.80, for a total transaction of $35,476,000.00. Following the transaction, the chief executive officer directly owned 3,032,156 shares of the company’s stock, valued at approximately $1,536,696,660.80. This trade represents a 2.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the transaction, the executive vice president directly owned 1,261,461 shares in the company, valued at $595,245,602.07. This trade 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. Over the last three months, insiders sold 213,838 shares of company stock valued at $105,533,836. 0.50% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $562.23 on Friday. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $917.82 billion, a PE ratio of 144.53, a price-to-earnings-growth ratio of 5.90 and a beta of 2.45. The business’s 50-day moving average price is $536.11 and its 200-day moving average price is $471.82. Advanced Micro Devices, Inc. has a 12 month low of $188.22 and a 12 month high of $658.52.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. The company had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. Advanced Micro Devices’s revenue for the quarter was up 50.1% compared to the same quarter last year. During the same period last year, the firm posted $0.48 EPS. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.45 EPS for the current fiscal 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.