1,408 Advanced Micro Devices, Inc. $AMD Shares Bought by Leelyn Smith LLC

Leelyn Smith LLC raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,743 shares of the semiconductor manufacturer’s stock after buying an additional 1,408 shares during the quarter. Advanced Micro Devices comprises 0.8% of Leelyn Smith LLC’s investment portfolio, making the stock its 27th largest holding. Leelyn Smith LLC’s holdings in Advanced Micro Devices were worth $7,184,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Allen Investment Management LLC increased its position in Advanced Micro Devices by 2.7% during the third quarter. Allen Investment Management LLC now owns 133,786 shares of the semiconductor manufacturer’s stock worth $81,845,000 after acquiring an additional 3,504 shares during the period. AlphaCentric Advisors LLC raised its stake in Advanced Micro Devices by 7.7% during the 3rd quarter. AlphaCentric Advisors LLC now owns 392 shares of the semiconductor manufacturer’s stock valued at $240,000 after purchasing an additional 28 shares during the last quarter. Parallel Advisors LLC raised its stake in Advanced Micro Devices by 1.1% during the 3rd quarter. Parallel Advisors LLC now owns 43,078 shares of the semiconductor manufacturer’s stock valued at $26,353,000 after purchasing an additional 452 shares during the last quarter. W.G. Shaheen & Associates DBA Whitney & Co boosted its holdings in Advanced Micro Devices by 8.2% in the 3rd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 657 shares of the semiconductor manufacturer’s stock valued at $402,000 after purchasing an additional 50 shares during the period. Finally, Guidance Capital Inc. boosted its holdings in Advanced Micro Devices by 10.2% in the 3rd quarter. Guidance Capital Inc. now owns 1,068 shares of the semiconductor manufacturer’s stock valued at $653,000 after purchasing an additional 99 shares during the period. 71.34% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on AMD. Jefferies Financial Group restated a “buy” rating on shares of Advanced Micro Devices in a research report on Thursday, October 29th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $675.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday. HSBC reiterated a “hold” rating and issued a $540.00 target price on shares of Advanced Micro Devices in a research note on Thursday. Raymond James Financial reissued a “strong-buy” rating and set a $649.00 target price on shares of Advanced Micro Devices in a research report on Wednesday. Finally, Mizuho lowered their price target on Advanced Micro Devices from $705.00 to $610.00 and set an “outperform” 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $643.69.

Advanced Micro Devices News Roundup

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 at Advanced Micro Devices

In other news, CEO Lisa Su sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $506.79, for a total value of $12,669,750.00. Following the sale, the chief executive officer directly owned 74,211 shares in the company, valued at approximately $37,609,392.69. This represents a 25.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through 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 that occurred on Tuesday, August 25th. The stock was 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 of the company’s stock, valued at approximately $76,316,924.32. The trade was a 8.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 231,100 shares of company stock valued at $114,867,400. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $449.04 on Friday. The company has a 50-day moving average of $546.81 and a 200-day moving average of $414.98. The company has a market capitalization of $736.46 billion, a price-to-earnings ratio of 97.62, a PEG ratio of 4.56 and a beta of 2.49. Advanced Micro Devices, Inc. has a 52 week low of $188.22 and a 52 week high of $658.52. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.91 and a current ratio of 2.72.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 earnings per share 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 analysts’ expectations of $13.10 billion. During the same quarter in the previous year, the firm posted $1.20 earnings per share. The firm’s revenue for the quarter was up 44.7% on a year-over-year basis. As a group, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 6.59 earnings per share for the current fiscal year.

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.