Traynor Capital Management Inc. Acquires 2,331 Shares of Advanced Micro Devices, Inc. $AMD

Traynor Capital Management Inc. increased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 4.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,420 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,331 shares during the quarter. Traynor Capital Management Inc.’s holdings in Advanced Micro Devices were worth $9,614,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in AMD. ORG Wealth Partners LLC boosted its holdings in shares of Advanced Micro Devices by 39.7% during the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 46 shares during the period. Pinney & Scofield Inc. grew its position in shares of Advanced Micro Devices by 81.0% in the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 85 shares during the last quarter. Dogwood Wealth Management LLC increased its stake in shares of Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 208 shares during the period. Avion Wealth grew its position in shares of Advanced Micro Devices by 49.3% during the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 72 shares in the last quarter. Finally, Signature Resources Capital Management LLC increased its holdings in shares of Advanced Micro Devices by 170.4% during the third quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer’s stock worth $35,000 after purchasing an additional 138 shares during the period. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Stock Up 0.3%

Shares of NASDAQ AMD opened at $252.74 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.31 and a quick ratio of 1.68. The stock has a market capitalization of $411.47 billion, a PE ratio of 125.12, a P/E/G ratio of 1.05 and a beta of 1.95. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The business’s fifty day moving average price is $219.90 and its 200-day moving average price is $201.16.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, topping the consensus estimate of $1.17 by $0.03. Advanced Micro Devices had a net margin of 10.32% and a return on equity of 8.04%. The company had revenue of $9.25 billion during the quarter, compared to the consensus estimate of $8.76 billion. During the same period last year, the firm earned $0.92 EPS. Advanced Micro Devices’s revenue for the quarter was up 35.6% on a year-over-year basis. On average, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Transactions at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the completion of the transaction, the executive vice president directly owned 300,348 shares in the company, valued at $68,890,820.76. This trade represents a 6.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $240.12, for a total value of $4,107,972.96. Following the completion of the sale, 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 SEC filing for this sale provides additional information. Insiders sold 164,000 shares of company stock worth $36,034,173 in the last three months. Corporate insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on AMD shares. Truist Financial reduced their price target on Advanced Micro Devices from $279.00 to $277.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Susquehanna reaffirmed a “positive” rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a research note on Friday, October 31st. Bank of America reissued a “buy” rating and set a $300.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. CICC Research upgraded shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price target on the stock in a research report on Friday, November 7th. Finally, Barclays reiterated an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $281.06.

More Advanced Micro Devices News

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

• Positive Sentiment: OpenAI chip deal highlights growing AI revenue stream and validates AMD’s datacenter roadmap — a major fundamental catalyst that helps justify recent multiple expansion and investor optimism. AMD Lands OpenAI Chip Deal, Highlighting Growing AI Revenue Story
• Positive Sentiment: Strong reviews for the Ryzen 7 9850X3D are boosting confidence in AMD’s consumer CPU cycle and could lift client revenue and ASPs. Positive product momentum often feeds the headline reaction ahead of broader earnings. AMD Stock Jumps Alongside Positive Ryzen 7 9850X3D Reviews
• Positive Sentiment: Piper Sandler raised its price target (to $300) and kept an Overweight stance, citing Helios ramp and OpenAI as upside — an institutional upgrade that can attract investor flows. Piper Sandler Sees Helios Ramp and OpenAI Driving AMD Upside
• Positive Sentiment: High-profile bullish commentary (Jim Cramer saying he regrets selling AMD and noting unmet demand) amplifies retail/institutional interest and adds to momentum. Jim Cramer Says “Wish We Had Not Sold AMD for the Charitable Trust”
• Neutral Sentiment: Market chatter and leaks about a Ryzen 7 9850X3D + RAM bundle have lifted sentiment, but impact on near-term revenue is uncertain until broader channel data appears. AMD Stock Gains on Leaked Ryzen 7 9850X3D CPUs & RAM Bundle
• Neutral Sentiment: Speculative pieces predicting a post?earnings rally on Feb. 3 and broader “buy” lists (MarketBeat, The Motley Fool) are momentum drivers but rely on AMD delivering a clean beat/guidance; they are worth watching but not guaranteed. Prediction: AMD Stock Will Soar on Feb. 3
• Neutral Sentiment: Upcoming Q4/earnings season (reports expected Feb. 3) is the immediate event risk: consensus expects continued revenue/EPS growth driven by AI/datacenter — good execution could sustain the rally; a miss would reverse sentiment. AMD Stock Flirts With Buy Point Ahead Of Q4 Report
• Negative Sentiment: Competitive/industry risk: Intel’s recent results and strategic positioning were highlighted as a reminder that AMD faces strong incumbents in data center CPU/GPU markets — continued pressure or better Intel execution could cap upside. Intel’s 21% Sell-Off Looks Ugly—But the Numbers Tell Another Story (AMD)

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.