Advanced Micro Devices, Inc. $AMD Shares Acquired by Candriam S.C.A.

Candriam S.C.A. increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 684,015 shares of the semiconductor manufacturer’s stock after acquiring an additional 25,856 shares during the period. Advanced Micro Devices accounts for approximately 1.9% of Candriam S.C.A.’s portfolio, making the stock its 9th biggest position. Candriam S.C.A.’s holdings in Advanced Micro Devices were worth $419,982,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Cullinan Associates Inc. boosted its stake in shares of Advanced Micro Devices by 6.6% during the 3rd quarter. Cullinan Associates Inc. now owns 3,963 shares of the semiconductor manufacturer’s stock worth $2,424,000 after buying an additional 244 shares during the last quarter. Ethic Inc. grew its holdings in shares of Advanced Micro Devices by 5.7% in the 3rd quarter. Ethic Inc. now owns 182,801 shares of the semiconductor manufacturer’s stock valued at $111,830,000 after acquiring an additional 9,931 shares in the last quarter. Endowment Wealth Management Inc. grew its holdings in shares of Advanced Micro Devices by 3.9% in the 3rd quarter. Endowment Wealth Management Inc. now owns 822 shares of the semiconductor manufacturer’s stock valued at $503,000 after acquiring an additional 31 shares in the last quarter. StoneX Group Inc. increased its position in shares of Advanced Micro Devices by 26.3% in the third quarter. StoneX Group Inc. now owns 15,534 shares of the semiconductor manufacturer’s stock valued at $8,970,000 after acquiring an additional 3,233 shares during the last quarter. Finally, Kornitzer Capital Management Inc. KS increased its position in shares of Advanced Micro Devices by 20.4% in the third quarter. Kornitzer Capital Management Inc. KS now owns 5,450 shares of the semiconductor manufacturer’s stock valued at $3,334,000 after acquiring an additional 925 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $449.04 on Friday. The stock has a market cap of $736.46 billion, a PE ratio of 97.62, a P/E/G ratio of 4.56 and a beta of 2.49. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.91 and a current ratio of 2.72. The firm has a 50-day moving average of $546.81 and a 200-day moving average of $414.98. Advanced Micro Devices, Inc. has a 52-week low of $188.22 and a 52-week high of $658.52.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $1.95 by $0.14. Advanced Micro Devices had a net margin of 16.77% and a return on equity of 14.15%. The business had revenue of $13.38 billion for the quarter, compared to analyst estimates of $13.10 billion. During the same quarter in the prior year, the business earned $1.20 EPS. Advanced Micro Devices’s quarterly revenue was up 44.7% on a year-over-year basis. On average, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.59 EPS for the current year.

Key Advanced Micro Devices News

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

Insider Activity

In other news, SVP Ava Hahn sold 2,993 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $488.69, for a total transaction of $1,462,649.17. Following the completion of the sale, the senior vice president owned 26,623 shares in the company, valued at $13,010,393.87. The trade was a 10.11% 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 Jean X. Hu sold 15,000 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 160,979 shares in the company, valued at $76,316,924.32. The trade was a 8.52% 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. Over the last three months, insiders sold 231,100 shares of company stock valued at $114,867,400. Company insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on AMD. Raymond James Financial reiterated a “strong-buy” rating and set a $649.00 target price on shares of Advanced Micro Devices in a report on Wednesday. Royal Bank Of Canada set a $675.00 price target on Advanced Micro Devices in a research note on Wednesday. Piper Sandler boosted their price target on Advanced Micro Devices from $600.00 to $650.00 and gave the stock an “overweight” rating in a research report on Wednesday. Wolfe Research reissued an “outperform” rating and issued a $650.00 price objective on shares of Advanced Micro Devices in a report on Wednesday. Finally, Roth Capital increased their price objective on Advanced Micro Devices from $500.00 to $650.00 and gave the company a “buy” rating in a report on Friday, July 24th. Three analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $643.69.

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.