Advanced Micro Devices, Inc. $AMD Stock: Parkside Investments LLC Lowers Holdings

Parkside Investments LLC cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 15,958 shares of the semiconductor manufacturer’s stock after selling 1,116 shares during the period. Advanced Micro Devices makes up approximately 1.1% of Parkside Investments LLC’s holdings, making the stock its 24th biggest holding. Parkside Investments LLC’s holdings in Advanced Micro Devices were worth $9,762,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMD. Physician Wealth Advisors Inc. boosted its stake in shares of Advanced Micro Devices by 6.7% in the third quarter. Physician Wealth Advisors Inc. now owns 3,008 shares of the semiconductor manufacturer’s stock valued at $1,840,000 after purchasing an additional 188 shares during the period. Carnegie Investment Counsel grew its holdings in Advanced Micro Devices by 0.6% during the 3rd quarter. Carnegie Investment Counsel now owns 9,351 shares of the semiconductor manufacturer’s stock valued at $5,721,000 after purchasing an additional 54 shares in the last quarter. Sulzberger Capital Advisors Inc. acquired a new stake in Advanced Micro Devices during the 3rd quarter valued at $426,000. Robeco Institutional Asset Management B.V. increased its stake in Advanced Micro Devices by 18.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,289,686 shares of the semiconductor manufacturer’s stock worth $788,978,000 after buying an additional 196,525 shares during the period. Finally, Diversify Advisory Services LLC increased its stake in Advanced Micro Devices by 16.4% during the 3rd quarter. Diversify Advisory Services LLC now owns 133,377 shares of the semiconductor manufacturer’s stock worth $74,989,000 after buying an additional 18,802 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on AMD. TD Cowen reiterated a “buy” rating on shares of Advanced Micro Devices in a report on Monday. Royal Bank Of Canada restated a “sector perform” rating and set a $540.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Mizuho raised their target price on Advanced Micro Devices from $580.00 to $705.00 and gave the company an “outperform” rating in a research note on Tuesday, October 6th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research report on Monday, October 5th. Finally, William Blair reiterated a “market perform” rating on shares of Advanced Micro Devices in a research note on Friday, July 24th. Three equities research 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $606.76.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $552.72 on Thursday. The company has a market cap of $902.30 billion, a P/E ratio of 142.09, a PEG ratio of 5.49 and a beta of 2.45. The business has a 50 day moving average of $541.00 and a two-hundred day moving average of $481.17. Advanced Micro Devices, Inc. has a 52 week low of $188.22 and a 52 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.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The firm had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. During the same period in the previous year, the business posted $0.48 EPS. Advanced Micro Devices’s revenue was up 50.1% on a year-over-year basis. As a group, analysts anticipate that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Higher analyst price target: Susquehanna raised its AMD target from $550 to $620 and maintained a positive rating, citing continued AI and data-center momentum. Wedbush also reaffirmed an Outperform rating with a $600 target.
• Positive Sentiment: Expanding AI infrastructure footprint: Vultr plans to deploy AMD Instinct MI355X GPUs in a 20-megawatt supercluster in Chennai, India. The project would become India’s largest AMD Instinct deployment and strengthens AMD’s position in enterprise and sovereign AI computing. Vultr and AMD Expand Global Collaboration
• Positive Sentiment: Long-term AI opportunity: Coverage highlighted AMD’s planned $8.2 billion investment in emerging AI applications such as robotics, simulation and physical AI. Analysts also view AMD’s server CPU business as a beneficiary of agentic-AI growth, while Anthropic’s large computing commitments reinforce expectations for sustained infrastructure spending.
• Positive Sentiment: Sector tailwinds: Strong updates from Super Micro Computer and SpaceX helped ease concerns about an AI-spending slowdown, lifting major semiconductor names. AMD also contributed to gains in the Nasdaq-100 and broad-market ETFs. Why Nvidia, AMD and Intel Stocks Are Surging
• Neutral Sentiment: Competitive positioning: Investor coverage continues to compare AMD with Nvidia, emphasizing AMD’s exposure to CPUs, GPUs and data-center infrastructure as potential ways to benefit from an AI buildout that may have several years left to run.
• Negative Sentiment: Valuation and earnings risk: AMD has risen sharply this year and trades at a demanding earnings multiple. Investors are focused on the November 3 quarterly report, with the stock vulnerable to disappointment in revenue growth, margins or AI demand guidance. After a 137% Run, Is AMD Priced for Perfection?
• Negative Sentiment: Insider selling: EVP Forrest Norrod sold 17,262 shares worth about $9.3 million under a pre-arranged Rule 10b5-1 plan. Because he retained a substantial position, the transaction is a limited rather than decisive negative signal.

Insider Activity

In related news, EVP Paul Grasby sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $514.91, for a total value of $7,723,650.00. Following the sale, the executive vice president directly owned 117,687 shares in the company, valued at $60,598,213.17. The trade was a 11.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Forrest Norrod sold 17,262 shares of the business’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $540.70, for a total value of $9,333,563.40. Following the sale, the executive vice president owned 353,317 shares in the company, valued at approximately $191,038,501.90. The trade was a 4.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 231,100 shares of company stock valued at $114,867,400 over the last quarter. Insiders own 0.50% of the company’s stock.

About Advanced Micro Devices

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.