Advanced Micro Devices, Inc. $AMD Stock: Intrua Financial LLC Trims Stake

Posted by Stanley Muller on Nov 1st, 2026

Intrua Financial LLC reduced its position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 80.4% in the 3rd quarter, Holdings Channel reports. The firm owned 2,781 shares of the semiconductor manufacturer’s stock after selling 11,379 shares during the quarter. Intrua Financial LLC’s holdings in Advanced Micro Devices were worth $1,701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Summit Global Investments boosted its stake in Advanced Micro Devices by 75.5% in the third quarter. Summit Global Investments now owns 10,404 shares of the semiconductor manufacturer’s stock worth $6,364,000 after purchasing an additional 4,477 shares in the last quarter. Americana Partners LLC raised its stake in shares of Advanced Micro Devices by 8.0% in the third quarter. Americana Partners LLC now owns 9,826 shares of the semiconductor manufacturer’s stock worth $6,011,000 after acquiring an additional 724 shares during the last quarter. Aprio Wealth Management LLC lifted its position in shares of Advanced Micro Devices by 21.3% during the third quarter. Aprio Wealth Management LLC now owns 7,574 shares of the semiconductor manufacturer’s stock worth $4,633,000 after purchasing an additional 1,330 shares in the last quarter. Kurv Investment Management LLC grew its stake in shares of Advanced Micro Devices by 13.9% during the third quarter. Kurv Investment Management LLC now owns 19,877 shares of the semiconductor manufacturer’s stock valued at $12,160,000 after purchasing an additional 2,427 shares during the last quarter. Finally, Greenup Street Wealth Management LLC grew its stake in shares of Advanced Micro Devices by 32.1% during the third quarter. Greenup Street Wealth Management LLC now owns 593 shares of the semiconductor manufacturer’s stock valued at $363,000 after purchasing an additional 144 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices News Roundup

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

Positive Sentiment: AMD’s data-center revenue reportedly nearly doubled, and its Helios rack-scale systems, EPYC processors and Instinct GPUs are being deployed in Meta’s AI infrastructure. The companies also expanded their relationship through a planned $1 billion equity investment and multigeneration chip collaboration. AMD Expands AI Footprint With Meta
Positive Sentiment: Rackspace selected AMD-powered infrastructure for HGS’s private AI deployment, adding another enterprise use case for AMD’s data-center products. HGS Selects Rackspace Technology for Private AI Infrastructure
Positive Sentiment: Rakuten Investment Management disclosed a new approximately $283.7 million AMD position, while many large institutions—including JPMorgan, Invesco, FMR and BlackRock—reported adding shares in recent quarters. Rakuten Opens AMD Position
Positive Sentiment: Analyst targets remain broadly above the current share price, with a reported six-month median target of $512.50 and several targets ranging from $560 to $700.
Neutral Sentiment: AMD is scheduled to report third-quarter results on Nov. 3. Investors will focus on data-center growth, AI accelerator demand, supply constraints and management’s outlook for 2027.
Neutral Sentiment: Recent commentary highlights a sharply divided outlook: AMD’s AI growth is accelerating, but its valuation leaves little room for an earnings or guidance disappointment. AMD Earnings Preview
Negative Sentiment: Intel’s disappointing fourth-quarter forecast, weak PC-market conditions and margin concerns triggered a broad semiconductor selloff. Investors are questioning whether AMD faces similar demand or supply pressures. AMD Shares Slide After Intel Earnings
Negative Sentiment: Several reports argue AMD is priced more aggressively than NVIDIA despite slower expected growth, making the stock vulnerable to profit-taking before earnings. AMD Reports on Nov. 3
Negative Sentiment: Insiders have reported 147 open-market sales and no purchases over the past six months, including substantial sales by CEO Lisa Su and other executives. Cathie Wood’s ARK Invest has also continued trimming AMD, adding to near-term sentiment pressure.

Advanced Micro Devices Trading Down 10.9%

NASDAQ AMD opened at $504.80 on Friday. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 12 month low of $188.22 and a 12 month high of $658.52. The company has a market capitalization of $824.07 billion, a PE ratio of 129.77, a P/E/G ratio of 5.18 and a beta of 2.45. The stock has a 50-day simple moving average of $548.29 and a 200 day simple moving average of $409.20.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its earnings results 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. The company had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The company’s revenue for the quarter was up 50.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.48 EPS. Research analysts forecast that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Sanford C. Bernstein restated an “outperform” rating and issued a $650.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Zacks Research lowered Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. Roth Capital raised their price target on Advanced Micro Devices from $500.00 to $650.00 and gave the company a “buy” rating in a report on Friday, July 24th. JPMorgan Chase & Co. lifted their price objective on Advanced Micro Devices from $385.00 to $550.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company upped their target price on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and an average target price of $607.57.

View Our Latest Report on Advanced Micro Devices

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Norrod sold 17,262 shares of the company’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $540.70, for a total value of $9,333,563.40. Following the completion of the sale, the executive vice president owned 353,317 shares of the company’s stock, valued at approximately $191,038,501.90. This represents a 4.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 25,000 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $506.79, for a total transaction of $12,669,750.00. Following the completion of the sale, the chief executive officer owned 74,211 shares in the company, valued at approximately $37,609,392.69. This trade represents a 25.20% 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 three months, insiders have sold 231,100 shares of company stock valued at $114,867,400. Corporate insiders own 0.50% of the company’s stock.

About Advanced Micro Devices

(Free Report)

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.