McGuire Investment Group LLC lowered its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 8.8% during the third quarter, HoldingsChannel reports. The firm owned 158,882 shares of the semiconductor manufacturer’s stock after selling 15,300 shares during the quarter. Advanced Micro Devices comprises approximately 8.8% of McGuire Investment Group LLC’s portfolio, making the stock its biggest holding. McGuire Investment Group LLC’s holdings in Advanced Micro Devices were worth $97,198,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of AMD. Simplicity Wealth LLC boosted its holdings in shares of Advanced Micro Devices by 21.6% in the third quarter. Simplicity Wealth LLC now owns 32,515 shares of the semiconductor manufacturer’s stock valued at $19,891,000 after acquiring an additional 5,778 shares in the last quarter. Madrona Financial Services LLC raised its holdings in Advanced Micro Devices by 2.3% during the third quarter. Madrona Financial Services LLC now owns 4,189 shares of the semiconductor manufacturer’s stock worth $2,563,000 after purchasing an additional 95 shares in the last quarter. Sowell Financial Services LLC raised its holdings in Advanced Micro Devices by 3.7% during the third quarter. Sowell Financial Services LLC now owns 23,352 shares of the semiconductor manufacturer’s stock worth $14,286,000 after purchasing an additional 840 shares in the last quarter. One Wealth Capital Management LLC lifted its position in Advanced Micro Devices by 161.6% in the third quarter. One Wealth Capital Management LLC now owns 1,664 shares of the semiconductor manufacturer’s stock valued at $1,018,000 after purchasing an additional 1,028 shares during the period. Finally, Ascent Wealth Partners LLC acquired a new stake in Advanced Micro Devices in the third quarter valued at about $367,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Trending Headlines about Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Analyst support is helping sentiment. AMD received an analyst upgrade, while Erste Group raised its FY2027 earnings estimate to $15.05 per share from $14.80. The company’s long-term earnings outlook is being supported by expectations for continued AI accelerator demand. AMD Stock Jumps Following Analyst Upgrade
- Positive Sentiment: AI growth remains the core bullish argument. Articles point to AMD’s hyperscaler contracts, data-center expansion and expected product cycles as potential drivers of substantial future revenue growth. AMD recently reported 50.1% year-over-year revenue growth, and analysts continue to debate whether its AI opportunity is being underestimated. AMD’s Potential May Be Underestimated
- Neutral Sentiment: Today’s strength follows a broad technology rebound. AMD and Intel recovered after a sharp semiconductor sell-off, while AMD also contributed to gains in the Invesco QQQ Trust. This suggests some of the buying reflects sector rotation and short-term dip buying rather than a change in AMD’s fundamentals. Why AMD and Intel Stocks Are Gaining
- Negative Sentiment: Valuation and execution risks remain significant. AMD has already risen sharply this year, and its high earnings multiple leaves little room for disappointment. Investors are focused on whether upcoming earnings and new AI products can validate the expectations embedded in the stock. AMD Stock Price Prediction
- Negative Sentiment: Competitive and macroeconomic pressures could limit upside. Nvidia is expanding into CPU systems traditionally dominated by AMD and Intel, while higher oil prices, interest rates and questions about AI infrastructure spending are weighing on the broader semiconductor trade. Nvidia Enters the CPU Market
Advanced Micro Devices Stock Performance
Advanced Micro Devices stock opened at $516.79 on Monday. The stock has a market cap of $843.64 billion, a PE ratio of 132.85, a P/E/G ratio of 5.30 and a beta of 2.45. The stock has a 50-day moving average price of $541.54 and a 200 day moving average price of $485.30. Advanced Micro Devices, Inc. has a 52 week low of $188.22 and a 52 week high of $658.52. 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 (NASDAQ:AMD – Get Free Report) last released its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same period in the prior year, the firm earned $0.48 EPS. The firm’s quarterly revenue was up 50.1% on a year-over-year basis. Equities research analysts predict that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on AMD shares. Wells Fargo & Company lifted their price objective on Advanced Micro Devices from $615.00 to $700.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Raymond James Financial upgraded Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and lifted their price target for the company from $565.00 to $641.00 in a research note on Tuesday, August 25th. Wall Street Zen raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Sunday, October 4th. Melius Research set a $660.00 price objective on Advanced Micro Devices in a research report on Friday, July 24th. Finally, William Blair reiterated a “market perform” rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $606.76.
Read Our Latest Research Report on Advanced Micro Devices
Insider Buying and Selling at Advanced Micro Devices
In other news, EVP Mark Papermaster sold 28,811 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total value of $13,595,046.57. Following the completion of the transaction, the executive vice president owned 1,261,461 shares of the company’s stock, valued at $595,245,602.07. The trade was a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $9,333,563.40. Following the transaction, the executive vice president directly owned 353,317 shares in the company, valued at $191,038,501.90. The trade was a 4.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders 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
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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