Mission Wealth Management LP cut its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 8.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,150 shares of the semiconductor manufacturer’s stock after selling 2,820 shares during the period. Mission Wealth Management LP’s holdings in Advanced Micro Devices were worth $4,878,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in AMD. Atlantic Union Bankshares Corp increased its position in Advanced Micro Devices by 4.3% during the third quarter. Atlantic Union Bankshares Corp now owns 7,487 shares of the semiconductor manufacturer’s stock worth $1,211,000 after acquiring an additional 310 shares during the period. Money Concepts Capital Corp grew its position in Advanced Micro Devices by 14.6% in the 3rd quarter. Money Concepts Capital Corp now owns 16,255 shares of the semiconductor manufacturer’s stock worth $2,630,000 after purchasing an additional 2,070 shares during the last quarter. Guerra Advisors Inc acquired a new stake in Advanced Micro Devices in the 3rd quarter worth $43,000. State of Wyoming bought a new position in shares of Advanced Micro Devices during the 3rd quarter worth about $160,000. Finally, Jones Financial Companies Lllp raised its position in shares of Advanced Micro Devices by 13.5% during the third quarter. Jones Financial Companies Lllp now owns 607,672 shares of the semiconductor manufacturer’s stock valued at $96,902,000 after buying an additional 72,299 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.
Advanced Micro Devices Price Performance
Shares of AMD stock opened at $246.27 on Tuesday. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $267.08. The company has a current ratio of 2.31, a quick ratio of 1.68 and a debt-to-equity ratio of 0.04. The firm’s 50 day moving average is $222.10 and its 200-day moving average is $203.37. The firm has a market capitalization of $400.94 billion, a price-to-earnings ratio of 121.92, a PEG ratio of 0.99 and a beta of 1.94.
Key Stories Impacting Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Street expects an earnings beat driven by CPU, PC and server strength — Wedbush and other firms are bullish on AMD’s Q4 setup and some firms have raised price targets, supporting upside into the report. AMD seen delivering modest Q4 beat on PC and server strength
- Positive Sentiment: Data-center and AI tailwinds: hyperscaler spending and broader AI server growth are lifting demand for EPYC/Instinct and MI350 deployments, which investors view as a durable revenue driver versus legacy CPU markets. Nvidia Is Igniting A 28% Server Boom — With Broadcom And AMD Riding Shotgun
- Positive Sentiment: Options and positioning suggest investors expect upside: call activity and options flow are heavily skewed toward bullish bets ahead of earnings, implying market participants are pricing in a positive surprise. Here’s What Options Traders Expect from Advanced Micro Devices Stock After Earnings
- Positive Sentiment: Analyst conviction and price?target momentum: multiple firms are reiterating Outperform/Overweight ratings and higher targets (median near $290), bolstering investor confidence. Quiver Quant — Analyst ratings & targets summary
- Neutral Sentiment: Macro/market tailwinds: broader market bounce and improved manufacturing data are helping tech stocks generally, which supports AMD alongside peers during earnings week. Market Indexes Bounce Back to Start a New Trading Week
- Neutral Sentiment: Odd short?interest data: recent reports show negligible short interest (data anomalies reported), so short-covering is unlikely to be a major driver — treat this as ambiguous.
- Negative Sentiment: Product timing risk: rumors about MI450-series delays introduce execution uncertainty for future GPU ramps; while analysts remain broadly bullish, missed timing could temper forward guidance. Analysts Remain Bullish Despite MI450 Rumors
- Negative Sentiment: Elevated earnings volatility priced in: the options market is implying a sizable post?earnings move (~8–9%), meaning upside comes with meaningful short?term risk if AMD disappoints. Options Market Braces for an 8.87% Swing
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on AMD. CICC Research raised Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 target price on the stock in a research report on Friday, November 7th. Robert W. Baird set a $300.00 price objective on Advanced Micro Devices in a research report on Wednesday, November 5th. Wolfe Research set a $300.00 price objective on Advanced Micro Devices and gave the company an “outperform” rating in a research report on Tuesday, October 14th. Weiss Ratings restated a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. raised their target price 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 company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $281.06.
Check Out Our Latest Analysis on AMD
Insider Buying and Selling at Advanced Micro Devices
In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the sale, the chief executive officer directly owned 3,277,476 shares in the company, valued at approximately $705,116,186.64. This trade represents a 3.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, 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 sale, the executive vice president owned 300,348 shares in the company, valued at approximately $68,890,820.76. The trade was a 6.08% 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 currently owned by insiders.
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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