Prairie Advisory LLC lifted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 100.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,380 shares of the semiconductor manufacturer’s stock after buying an additional 2,195 shares during the period. Prairie Advisory LLC’s holdings in Advanced Micro Devices were worth $2,680,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. purchased a new position in Advanced Micro Devices in the third quarter worth approximately $29,000. JNBA Financial Advisors increased its stake in Advanced Micro Devices by 142.9% during the second quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock worth $30,000 after acquiring an additional 30 shares during the last quarter. Graney & King LLC acquired a new stake in Advanced Micro Devices during the first quarter worth $31,000. Main Street Group LTD purchased a new stake in Advanced Micro Devices in the first quarter valued at $33,000. Finally, Downshift Financial LLC raised its position in Advanced Micro Devices by 850.0% in the third quarter. Downshift Financial LLC now owns 57 shares of the semiconductor manufacturer’s stock valued at $35,000 after purchasing an additional 51 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.
Insider Activity at Advanced Micro Devices
In other Advanced Micro Devices news, EVP Forrest Norrod sold 17,261 shares of Advanced Micro Devices stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $503.05, for a total value of $8,683,146.05. Following the completion of the transaction, the executive vice president directly owned 363,317 shares of the company’s stock, valued at $182,766,616.85. The trade was a 4.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available 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 dated Monday, August 17th. The shares were sold at an average price of $514.91, for a total value of $7,723,650.00. Following the completion of the transaction, the executive vice president directly owned 117,687 shares of the company’s stock, valued at approximately $60,598,213.17. This represents a 11.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 213,838 shares of company stock worth $105,533,836 over the last ninety days. Company insiders own 0.50% of the company’s stock.
Key Advanced Micro Devices News
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Analyst reiterates Buy rating: TD Cowen analyst Joshua Buchalter maintained a $675 price target. He estimates demand for agentic AI could drive AMD’s CPU sales approximately 70% higher next year, effectively expanding the company’s addressable market. Why AMD Stock Popped on Monday
- Positive Sentiment: AI infrastructure optimism: AMD remains a favored way to participate in AI and high-performance computing growth. Its high-precision FP64 processors are used in research, energy, medical and defense applications, including the El Capitan supercomputer. Analysts also view AMD as gaining ground against Intel in PCs. AMD Company Overview
- Positive Sentiment: Upcoming earnings expectations: AMD is expected to report third-quarter results on November 3, with projected revenue of roughly $13 billion, up about 41% year over year. The company has exceeded the high end of its own revenue guidance in each of the past two quarters, raising expectations ahead of the report. AMD Stock Is Up Over 140% This Year
- Neutral Sentiment: Market-driven rebound: AMD’s strength was part of a broader recovery in AI-related shares, with Nvidia, Intel and other semiconductor stocks also rising. This indicates improved sector sentiment but does not by itself confirm company-specific demand.
- Negative Sentiment: Valuation and financing risks remain: AMD’s substantial year-to-date rally leaves the stock priced for strong execution, while commentary around leveraged AI infrastructure financing—highlighted by CoreWeave’s difficulties—could renew concerns about customer spending, margins and the durability of AI demand. Spotlight on Levered Chip Financing
Analyst Ratings Changes
Several equities analysts have recently commented on AMD shares. Jefferies Financial Group set a $650.00 price target on Advanced Micro Devices in a research note on Wednesday, August 5th. Susquehanna raised their price objective on Advanced Micro Devices from $450.00 to $500.00 and gave the stock a “positive” rating in a research report on Thursday, July 30th. Piper Sandler initiated coverage on Advanced Micro Devices in a research report on Tuesday, September 15th. They set an “overweight” rating and a $600.00 price objective for the company. Sanford C. Bernstein restated an “outperform” rating and issued a $650.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Finally, The Goldman Sachs Group upped their target price on shares of Advanced Micro Devices from $450.00 to $640.00 and gave the company a “buy” rating in a research report on Monday, July 6th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus price target of $603.51.
Get Our Latest Research Report on AMD
Advanced Micro Devices Trading Up 2.3%
Shares of AMD traded up $12.27 during midday trading on Monday, hitting $541.02. 12,591,568 shares of the stock were exchanged, compared to its average volume of 32,126,732. Advanced Micro Devices, Inc. has a 52-week low of $188.22 and a 52-week high of $658.52. The stock has a fifty day simple moving average of $537.02 and a 200 day simple moving average of $474.16. The firm has a market cap of $883.20 billion, a P/E ratio of 139.12, a P/E/G ratio of 5.43 and a beta of 2.45. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. The business had revenue of $11.54 billion during the quarter, compared to analysts’ expectations 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 was up 50.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.48 earnings per share. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.49 EPS for the current fiscal year.
Advanced Micro Devices Company Profile
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.
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