3,013 Advanced Micro Devices, Inc. $AMD Shares Acquired by Cooper Financial Group

Cooper Financial Group raised its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 27.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,842 shares of the semiconductor manufacturer’s stock after buying an additional 3,013 shares during the period. Cooper Financial Group’s holdings in Advanced Micro Devices were worth $8,468,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in AMD. BlackRock Inc. raised its position in Advanced Micro Devices by 3.1% during the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock valued at $87,311,650,000 after purchasing an additional 4,535,126 shares in the last quarter. State Street Corp boosted its holdings in shares of Advanced Micro Devices by 2.9% in the 2nd quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock worth $46,606,266,000 after purchasing an additional 2,149,563 shares in the last quarter. Bank of America Corp DE bought a new position in shares of Advanced Micro Devices during the 2nd quarter valued at about $7,022,226,000. Jennison Associates LLC lifted its position in Advanced Micro Devices by 5.8% in the 2nd quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer’s stock worth $5,793,388,000 after buying an additional 545,575 shares during the last quarter. Finally, Wellington Management Group LLP boosted its stake in Advanced Micro Devices by 33.9% in the second quarter. Wellington Management Group LLP now owns 9,334,396 shares of the semiconductor manufacturer’s stock worth $5,422,444,000 after buying an additional 2,365,419 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Citi raised its AMD price target by 39% to $800 and maintained a Buy rating. Analyst Atif Malik cited Meta’s Muse AI-agent initiative, which could increase demand for CPUs, GPUs, memory and networking. Other analysts have also raised targets, including Mizuho to $705. Citi’s Price Target Boost Lifts AMD Shares
• Positive Sentiment: CEO Lisa Su said AI-chip demand should remain very strong for years and that AMD plans to substantially increase supply in 2027. Her meetings with suppliers in Taiwan and South Korea, including Samsung, are aimed at securing advanced wafers and memory capacity. AMD plans to substantially increase supply
• Positive Sentiment: AMD is pursuing longer-term AI opportunities through an $8.2 billion acquisition of World Labs, while its expanding partnerships with enterprise-server provider Hewlett Packard Enterprise support broader adoption of AMD-powered AI infrastructure. AMD’s physical AI strategy
• Neutral Sentiment: AMD will report fiscal third-quarter 2026 results on November 3. Investors are likely to focus on whether data-center growth, AI-chip shipments and management’s 2027 supply expansion validate the stock’s expectations. AMD earnings announcement
• Negative Sentiment: Valuation is becoming a major concern. AMD has exceeded many analyst targets after a surge of more than 200% over the past year, while its Helios rack-scale systems and next-generation products still need to ship at scale and produce durable cash flow.
• Negative Sentiment: Rising Treasury yields are pressuring high-growth technology stocks, and broader market weakness is weighing on semiconductor shares. Investors are also monitoring potential dilution from warrants granted to Meta and OpenAI, which could cover up to 320 million shares if exercised.

Advanced Micro Devices Trading Down 0.5%

Shares of NASDAQ:AMD traded down $3.56 during midday trading on Wednesday, hitting $645.86. 18,509,442 shares of the stock traded hands, compared to its average volume of 32,649,955. The stock has a market capitalization of $1.05 trillion, a PE ratio of 166.03, a P/E/G ratio of 6.55 and a beta of 2.45. The business’s 50 day moving average is $523.60 and its two-hundred day moving average is $455.44. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a one year low of $188.22 and a one year high of $658.52.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.04. The company had revenue of $11.54 billion for 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%.Advanced Micro Devices’s quarterly revenue was up 50.1% on a year-over-year basis. During the same period last year, the firm earned $0.48 earnings per share. As a group, research analysts forecast that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have commented on AMD. Robert W. Baird set a $1,250.00 price target on shares of Advanced Micro Devices in a research note on Friday, July 24th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research note on Monday. UBS Group reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a report on Friday, July 24th. BMO Capital Markets started coverage on shares of Advanced Micro Devices in a research report on Thursday, August 20th. They issued an “outperform” rating and a $550.00 target price on the stock. Finally, Melius Research set a $660.00 price target on shares of Advanced Micro Devices in a research note on Friday, July 24th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $576.88.

Insider Activity

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 28,811 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the transaction, the executive vice president directly owned 1,261,461 shares of the company’s stock, valued at approximately $595,245,602.07. The trade was a 2.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Grasby sold 15,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the completion of the sale, 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. In the last ninety days, insiders sold 213,838 shares of company stock valued at $105,533,836. 0.50% of the stock is owned by insiders.

Advanced Micro Devices Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded devices and other specialized markets.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics products, and Instinct accelerators designed for artificial intelligence and high-performance computing workloads.