N10 Wealth LLC bought a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 7,030 shares of the semiconductor manufacturer’s stock, valued at approximately $4,301,000. Advanced Micro Devices makes up 1.2% of N10 Wealth LLC’s portfolio, making the stock its 27th biggest position.
A number of other institutional investors have also recently added to or reduced their stakes in the business. ABLE Financial Group LLC lifted its position in Advanced Micro Devices by 10.9% during the 3rd quarter. ABLE Financial Group LLC now owns 4,004 shares of the semiconductor manufacturer’s stock worth $2,449,000 after acquiring an additional 393 shares in the last quarter. Aspen Wealth Management LLC purchased a new position in Advanced Micro Devices in the 3rd quarter worth approximately $217,000. MinichMacGregor Wealth Management LLC boosted its holdings in Advanced Micro Devices by 9.6% in the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 3,161 shares of the semiconductor manufacturer’s stock worth $1,934,000 after acquiring an additional 276 shares during the period. First Citizens Bank & Trust Co. grew its position in Advanced Micro Devices by 211.5% in the third quarter. First Citizens Bank & Trust Co. now owns 68,129 shares of the semiconductor manufacturer’s stock valued at $42,095,000 after acquiring an additional 46,259 shares in the last quarter. Finally, Fearless Solutions LLC dba Best Invest grew its position in Advanced Micro Devices by 1.5% in the third quarter. Fearless Solutions LLC dba Best Invest now owns 1,174 shares of the semiconductor manufacturer’s stock valued at $718,000 after acquiring an additional 17 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the stock. DA Davidson lifted their price objective on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Morgan Stanley boosted their target price on shares of Advanced Micro Devices from $410.00 to $465.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 5th. Susquehanna upped their target price on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the company a “positive” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. raised their price target on shares of Advanced Micro Devices from $385.00 to $550.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Finally, KeyCorp set a $650.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average price target of $603.51.
Key Advanced Micro Devices News
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AMD is narrowing Nvidia’s lead in AI inference through software improvements, according to SemiAnalysis, potentially improving the competitiveness of its existing accelerators without requiring major chip changes. AMD Challenges Nvidia’s AI Inference Lead
- Positive Sentiment: The company introduced its Helios open-rack platform for agentic AI, offering CPU-only and combined CPU/GPU configurations and targeting more cost-efficient AI infrastructure. The initiative could support AMD’s data-center expansion and inference ambitions. AMD Helios Blueprint
- Positive Sentiment: AMD backed Fermi’s initial 222-megawatt Texas data-center lease, with the potential to support up to 650 megawatts. The arrangement may help address power shortages that could otherwise limit deployment of AMD hardware. Fermi Partnership
- Neutral Sentiment: AMD declined along with major chip stocks, weighing on the Nasdaq-100 and broad-market ETFs. Nvidia, Micron, Intel and other semiconductor shares also fell, indicating that much of the move is sector-wide rather than driven by a new AMD-specific earnings issue. QQQ and AMD Market Data
- Negative Sentiment: Investors are taking profits after AMD’s substantial year-to-date advance. Reports highlight a premium valuation, supply constraints and questions about whether future AI infrastructure spending can justify current prices.
- Negative Sentiment: Michael Burry’s bearish positioning against the Nasdaq and chip stocks reinforced concerns that AI-related shares may peak as customers struggle to convert expensive infrastructure investments into profits. Michael Burry Chip Stock Warning
- Negative Sentiment: AMD insider-trading data shows numerous open-market sales and no reported purchases over the past six months. While insider sales can be planned or compensation-related, the pattern adds to the market’s caution around the stock’s elevated valuation.
Advanced Micro Devices Stock Down 5.4%
AMD traded down $32.56 on Wednesday, reaching $572.97. The company’s stock had a trading volume of 12,154,832 shares, compared to its average volume of 32,238,199. Advanced Micro Devices, Inc. has a 1 year low of $188.22 and a 1 year high of $658.52. The business’s 50 day moving average is $532.88 and its 200 day moving average is $466.70. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The stock has a market cap of $935.36 billion, a price-to-earnings ratio of 146.96, a price-to-earnings-growth ratio of 6.15 and a beta of 2.45.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The company had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. During the same period in the previous year, the business earned $0.48 EPS. Advanced Micro Devices’s revenue for the quarter was up 50.1% compared to the same quarter last year. As a group, research analysts forecast that Advanced Micro Devices, Inc. will post 6.45 EPS for the current fiscal year.
Insider Activity at Advanced Micro Devices
In related news, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices 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 owned 160,979 shares in the company, valued at approximately $76,316,924.32. The trade was a 8.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Grasby sold 15,000 shares of Advanced Micro Devices stock in a transaction on Monday, August 17th. The stock was sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the completion of the sale, the executive vice president owned 117,687 shares of the company’s stock, valued at approximately $60,598,213.17. This trade represents a 11.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 213,838 shares of company stock worth $105,533,836. 0.50% of the stock is currently owned by insiders.
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.
Recommended Stories
- Five stocks we like better than Advanced Micro Devices
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
- How a Hurricane Could Help Some Refineries—and Hurt Others
- Intel Bets on Cheaper AI as Foundry Losses Mount
Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report).
Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.
