Phoenix Financial Ltd. grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 19.5% during the third quarter, Holdings Channel reports. The firm owned 59,794 shares of the semiconductor manufacturer’s stock after purchasing an additional 9,756 shares during the period. Phoenix Financial Ltd.’s holdings in Advanced Micro Devices were worth $9,678,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of AMD. Brighton Jones LLC boosted its stake in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after acquiring an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after purchasing an additional 234 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock worth $758,000 after purchasing an additional 2,970 shares during the last quarter. LVW Advisors LLC bought a new stake in Advanced Micro Devices during the second quarter worth approximately $268,000. Finally, Avior Wealth Management LLC grew its holdings in Advanced Micro Devices by 1.4% during the second quarter. Avior Wealth Management LLC now owns 13,853 shares of the semiconductor manufacturer’s stock valued at $1,966,000 after purchasing an additional 188 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.
Insider Transactions at Advanced Micro Devices
In other news, SVP Ava Hahn sold 2,442 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $234.42, for a total transaction of $572,453.64. Following the sale, the senior vice president directly owned 16,359 shares in the company, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Mark D. Papermaster sold 17,108 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $240.12, for a total value of $4,107,972.96. Following the completion of the transaction, the executive vice president owned 1,714,505 shares of the company’s stock, valued at $411,686,940.60. The trade was a 0.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 164,000 shares of company stock worth $36,034,173 over the last quarter. 0.06% of the stock is owned by company insiders.
Advanced Micro Devices Stock Down 3.2%
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.The business had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. During the same period last year, the business earned $0.92 earnings per share. The firm’s revenue for the quarter was up 35.6% compared to the same quarter last year. On average, equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on AMD. KeyCorp restated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, January 21st. Dbs Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a report on Monday, October 6th. China Renaissance began coverage on shares of Advanced Micro Devices in a report on Tuesday, January 13th. They set a “buy” rating and a $291.00 price target for the company. Susquehanna reaffirmed a “positive” rating and issued a $300.00 price target on shares of Advanced Micro Devices in a research report on Friday, October 31st. Finally, JPMorgan Chase & Co. boosted their price objective on Advanced Micro Devices from $180.00 to $270.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $281.06.
Get Our Latest Analysis on AMD
More Advanced Micro Devices News
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: BofA includes AMD among its top cheap AI/compute chip picks, reinforcing the company’s core narrative as an AI beneficiary and supporting longer-term demand expectations. BofA Names Top 4 AI Chip Stocks That Look Cheap
- Positive Sentiment: Wall Street Zen upgraded AMD to a Buy, adding to recent analyst bullishness that supports upside expectations. Wall Street Zen Upgrades Advanced Micro Devices (NASDAQ:AMD) to Buy
- Positive Sentiment: The Motley Fool lists AMD among three AI chip stocks to buy, echoing thematic investor interest in AI exposure through leading chipmakers. 3 AI Chip Stocks to Buy in January: Nvidia, AMD, and Broadcom Battle for Market Share
- Positive Sentiment: FXEmpire’s technical note says AMD’s bullish structure remains intact near record highs, suggesting the uptrend could resume after any short-term pullback. Advanced Micro Devices (AMD) Price Forecast: Bullish Structure Holds Near Record Highs
- Positive Sentiment: Another Street write-up highlights broad Wall Street conviction (a “strong buy” narrative) driven by AMD’s server CPU and AI tailwinds, which supports medium-term fundamentals. AMD Stock: Why Wall Street Says Strong Buy Right Now
- Neutral Sentiment: AMD is expected to report quarterly earnings on Tuesday, a near-term catalyst that can amplify volatility and explain cautious positioning ahead of the print. Advanced Micro Devices (AMD) Expected to Announce Earnings on Tuesday
- Negative Sentiment: Coverage notes a ~3% pullback earlier this week attributed to sector rotation and profit-taking after a strong run — the main immediate reason traders reduced exposure. AMD Stock Plunges 3% On Monday Amid Sector Rotation And Profit-Taking
- Negative Sentiment: Parallel reports describe the same ~3% drop as short-term profit-taking and rotation out of crowded semiconductor names, underlining sensitivity after the rally. AMD stock plunges 3% on Monday amid sector rotation and profit-taking
- Negative Sentiment: A recap piece notes AMD slid despite fresh price-target increases from some Wall Street analysts, signaling that headlines and technical rotations are currently outweighing upgrades in driving near-term trading. AMD Stock Slips Despite Price Target Increases from Top Wall Street Analysts
Advanced Micro Devices Profile
Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.
Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.
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