Strong Retirement Solutions LLC trimmed its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 18.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,016 shares of the semiconductor manufacturer’s stock after selling 2,260 shares during the quarter. Advanced Micro Devices makes up about 3.4% of Strong Retirement Solutions LLC’s portfolio, making the stock its 7th biggest position. Strong Retirement Solutions LLC’s holdings in Advanced Micro Devices were worth $6,127,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. increased its stake in Advanced Micro Devices by 3.1% in the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock worth $87,311,650,000 after purchasing an additional 4,535,126 shares during the period. State Street Corp boosted its stake in shares of Advanced Micro Devices by 2.9% during the second quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock valued at $46,606,266,000 after purchasing an additional 2,149,563 shares during the period. Bank of America Corp DE purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at $7,022,226,000. Jennison Associates LLC grew its holdings in shares of Advanced Micro Devices by 5.8% in the second quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer’s stock worth $5,793,388,000 after purchasing an additional 545,575 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of Advanced Micro Devices by 33.9% in the second quarter. Wellington Management Group LLP now owns 9,334,396 shares of the semiconductor manufacturer’s stock worth $5,422,444,000 after purchasing an additional 2,365,419 shares during the last quarter. 71.34% of the stock is owned by institutional investors.
Insider Buying and Selling
In related news, EVP Paul Grasby sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the completion of the transaction, the executive vice president owned 117,687 shares in the company, valued at $60,598,213.17. The trade was a 11.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jean X. Hu sold 15,000 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following 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 position. 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 have sold 213,838 shares of company stock valued at $105,533,836 over the last three months. Corporate insiders own 0.50% of the company’s stock.
Key Advanced Micro Devices News
- Positive Sentiment: CEO Lisa Su said AMD plans to substantially increase AI-chip supply in 2027 to meet demand, while working with suppliers in Taiwan and South Korea to secure advanced wafer and memory capacity. The comments support expectations for continued data-center growth. AMD plans to substantially increase supply in 2027
- Positive Sentiment: Citi raised its AMD price target to $800 from $575 and maintained a Buy rating, citing the potential for agentic AI—including Meta’s Muse—to drive substantially greater CPU, memory and networking demand. Mizuho also lifted its target to $705, while other analysts remain optimistic ahead of earnings. Why Citi raised its AMD price target
- Positive Sentiment: AMD is exploring deeper partnerships with Samsung Electronics covering memory and foundry services. Such cooperation could help address tight AI-memory supply and reduce manufacturing bottlenecks. AMD explores partnership with Samsung
- Positive Sentiment: Hewlett Packard Enterprise launched four AI servers developed with AMD, providing additional evidence of AMD’s expanding server ecosystem and commercial AI deployments. HPE launches four AI servers with AMD
- Neutral Sentiment: AMD will report fiscal third-quarter 2026 results after the market close on November 3. Investors are focused on whether data-center growth, MI450 demand and margins can justify elevated expectations. AMD third-quarter 2026 earnings date
- Negative Sentiment: After AMD’s roughly 220% one-year surge and move above a $1 trillion valuation, some commentary warns that the stock leaves little room for execution mistakes, particularly because key AI products have not yet shipped at scale.
- Negative Sentiment: Ark Invest made AMD its largest sale in the latest trading round, signaling that at least one high-profile investor is taking profits after the rally. Potential dilution from warrants issued to Meta and OpenAI is another overhang, although the warrants are conditional.
Advanced Micro Devices Stock Down 0.5%
AMD stock traded down $3.07 during trading on Wednesday, hitting $646.35. 11,973,071 shares of the company’s stock traded hands, compared to its average volume of 32,613,314. The firm has a market capitalization of $1.06 trillion, a P/E ratio of 166.39, a PEG ratio of 6.55 and a beta of 2.45. Advanced Micro Devices, Inc. has a 1 year low of $188.22 and a 1 year high of $658.52. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The business has a fifty day simple moving average of $519.28 and a two-hundred day simple moving average of $452.34.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating 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 business had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. During the same quarter last year, the firm earned $0.48 EPS. The business’s revenue for the quarter was up 50.1% on a year-over-year basis. Sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.43 EPS for the current year.
Analyst Ratings Changes
Several equities research analysts have issued reports on the stock. Mizuho boosted their price objective on shares of Advanced Micro Devices from $580.00 to $705.00 and gave the company an “outperform” rating in a research report on Tuesday. Morgan Stanley lifted their price target on shares of Advanced Micro Devices from $410.00 to $465.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 5th. Zacks Research lowered Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 1st. Roth Capital raised their price objective on Advanced Micro Devices from $500.00 to $650.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Finally, BMO Capital Markets initiated coverage on Advanced Micro Devices in a report on Thursday, August 20th. They set an “outperform” rating and a $550.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $576.88.
Check Out Our Latest Stock Report on Advanced Micro Devices
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.
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