Advanced Micro Devices, Inc. $AMD Holdings Boosted by Asset One Wealth Management LLC

Asset One Wealth Management LLC increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,861 shares of the semiconductor manufacturer’s stock after buying an additional 1,789 shares during the period. Advanced Micro Devices comprises approximately 1.3% of Asset One Wealth Management LLC’s portfolio, making the stock its 14th largest position. Asset One Wealth Management LLC’s holdings in Advanced Micro Devices were worth $15,209,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of AMD. International Assets Investment Management LLC raised its stake in Advanced Micro Devices by 4.1% in the 3rd quarter. International Assets Investment Management LLC now owns 32,779 shares of the semiconductor manufacturer’s stock valued at $20,183,000 after purchasing an additional 1,282 shares during the last quarter. Heritage Family Offices LLP raised its holdings in shares of Advanced Micro Devices by 26.4% in the 3rd quarter. Heritage Family Offices LLP now owns 2,507 shares of the semiconductor manufacturer’s stock worth $1,534,000 after buying an additional 523 shares in the last quarter. Allegiance Financial Group Advisory Services LLC lifted its holdings in shares of Advanced Micro Devices by 450.4% in the third quarter. Allegiance Financial Group Advisory Services LLC now owns 2,488 shares of the semiconductor manufacturer’s stock valued at $1,522,000 after purchasing an additional 2,036 shares in the last quarter. Calamos Wealth Management LLC boosted its position in shares of Advanced Micro Devices by 21.4% during the 3rd quarter. Calamos Wealth Management LLC now owns 44,644 shares of the semiconductor manufacturer’s stock worth $27,311,000 after acquiring an additional 7,880 shares in the last quarter. Finally, Calamos Advisors LLC grew its stake in shares of Advanced Micro Devices by 1.1% in the 3rd quarter. Calamos Advisors LLC now owns 546,514 shares of the semiconductor manufacturer’s stock valued at $334,335,000 after buying an additional 5,744 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 28,811 shares of the business’s stock in a transaction dated 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. The trade was a 2.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of the stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total value of $7,111,200.00. Following the completion of the sale, the executive vice president directly owned 160,979 shares of the company’s stock, valued at $76,316,924.32. The trade was a 8.52% decrease in their ownership of the stock. 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 three months. Corporate insiders own 0.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AMD. KeyCorp reaffirmed an “overweight” rating and issued a $725.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday. Piper Sandler boosted their price objective on Advanced Micro Devices from $600.00 to $650.00 and gave the company an “overweight” rating in a research report on Wednesday. JPMorgan Chase & Co. boosted their price objective on shares of Advanced Micro Devices from $550.00 to $575.00 and gave the company a “neutral” rating in a research note on Wednesday. TD Cowen reissued a “buy” rating on shares of Advanced Micro Devices in a report on Monday, October 19th. Finally, Wells Fargo & Company decreased their price target on Advanced Micro Devices from $700.00 to $650.00 and set an “overweight” rating on the stock in a research note on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $643.69.

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD opened at $449.04 on Friday. 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 fifty-two week low of $188.22 and a fifty-two week high of $658.52. The firm’s 50 day simple moving average is $546.81 and its 200 day simple moving average is $414.98. The company has a market capitalization of $733.04 billion, a price-to-earnings ratio of 97.62, a P/E/G ratio of 4.79 and a beta of 2.49.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.95 by $0.14. The company had revenue of $13.38 billion during the quarter, compared to the consensus estimate of $13.10 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. Advanced Micro Devices’s revenue for the quarter was up 44.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.20 earnings per share. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.57 earnings per share for the current year.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD reported record quarterly revenue of $13.38 billion, up 44.7% year over year, and earnings per share of $2.09, beating analyst estimates. Data-center revenue nearly doubled, helped by demand for AI chips. Stock Market Today, Nov. 6: AMD Surges on Record Quarterly Revenue and Stronger Growth Outlook
• Positive Sentiment: Management signaled faster growth ahead, forecasting revenue to rise more than 80% in 2027 and describing AMD’s AI business as poised for further expansion. CEO Lisa Su said the company has good visibility into data-center capacity needs through 2027. Lisa Su Sees AMD’s AI Data Center Business More Than Doubling in 2027
• Positive Sentiment: AMD’s rebound also came as investors bought semiconductor shares after Thursday’s sector-wide rout, suggesting some buyers viewed the selloff as an opportunity. Su pushed back on concerns about AI spending, calling the market’s reaction short-sighted. Chip Stocks Rebound, but Is the AI Selloff Over?
• Negative Sentiment: Some analysts warn that AMD’s premium valuation leaves the stock vulnerable if growth expectations or broader enthusiasm for AI weaken. A recent downgrade cited competition from Nvidia and Arm, as well as potential multiple compression. AMD: This Selloff Isn’t Enough
• Negative Sentiment: Despite the rebound, investors remain concerned about AI-chip valuations, heavy data-center spending, possible regulation and the durability of customer returns. These sector pressures could keep AMD shares volatile. AI Stocks Hit by Midterm Shock and Data-Center Spending Concerns

Advanced Micro Devices Profile

Advanced Micro Devices, Inc (AMD) is a semiconductor company that designs processors, graphics products and adaptive computing solutions. Its products serve data center, personal computing, gaming, embedded and other markets. AMD is a fabless chip designer, relying on third-party manufacturing partners to produce its semiconductors.

The company’s product portfolio includes EPYC server processors, Ryzen desktop and laptop processors, Radeon graphics products, Instinct accelerators for data center computing, and adaptive chips and systems used in embedded applications.