Central Bank & Trust Co. Increases Stock Holdings in Advanced Micro Devices, Inc. $AMD

Central Bank & Trust Co. grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 43.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,157 shares of the semiconductor manufacturer’s stock after acquiring an additional 951 shares during the quarter. Central Bank & Trust Co.’s holdings in Advanced Micro Devices were worth $1,931,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Advanced Micro Devices during the 3rd quarter worth approximately $29,000. JNBA Financial Advisors grew its stake in shares of Advanced Micro Devices by 142.9% in the second quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock valued at $30,000 after buying an additional 30 shares in the last quarter. Bullseye Investment Management LLC purchased a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $44,000. Luminist Capital LLC purchased a new stake in Advanced Micro Devices during the 2nd quarter worth about $46,000. Finally, BOK Financial Private Wealth Inc. purchased a new position in Advanced Micro Devices in the second quarter valued at $53,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: AI infrastructure demand remains robust. Record results from TSMC and Samsung indicate that hyperscaler capital spending and demand for AI processors, memory and data-center equipment remain strong. This supports AMD’s Instinct GPU and server CPU businesses. Record Profits at Samsung and TSMC Say the AI Trade is Intact
• Positive Sentiment: AMD is expanding its supply-chain and infrastructure partnerships. CEO Lisa Su reportedly met with Samsung and SK Hynix executives to pursue foundry, memory and AI collaboration, potentially helping AMD secure constrained components. AMD is also part of an open Ethernet rack-scale initiative with Arista Networks, Broadcom, Meta and Microsoft. AMD Explores Foundry Partnership With a Korean Technology Company
• Positive Sentiment: Analysts see additional upside if execution improves. Recent commentary highlights potential gains from AMD’s CPUs, AI accelerators, inference products and rack-scale systems. One bullish thesis argues that future margin expansion could exceed current expectations, while Citi and BNP Paribas have pointed to further upside tied to AI deployments. AMD Margin Upside
• Neutral Sentiment: Investors are focused on the November 3 earnings report. The upcoming results will be an important test of whether strong AI-related demand is translating into revenue growth, cash flow and sustainable profitability.
• Negative Sentiment: High valuation is limiting investor tolerance for disappointment. AMD has rallied sharply and trades at a very high earnings multiple, prompting questions about how much future AI growth is already reflected in the stock. Can AMD’s Rally Continue?
• Negative Sentiment: Macro and sector pressures are weighing on AMD. Rising Treasury yields and oil prices have intensified a broad technology and semiconductor selloff, pressuring richly valued growth stocks despite favorable AI-demand indicators. Why AMD Stock Is Down Today
• Negative Sentiment: ARK Invest reduced its AMD position. Cathie Wood’s firm sold approximately 22,500 AMD shares valued at nearly $14 million. While the sale may reflect portfolio rebalancing, it adds to near-term selling pressure and reinforces concerns about profit-taking after the stock’s substantial advance. Cathie Wood Sold AMD Shares

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD traded down $11.32 during trading on Friday, reaching $609.36. The stock had a trading volume of 7,931,828 shares, compared to its average volume of 32,474,164. The firm’s 50 day moving average price is $526.31 and its two-hundred day moving average price is $458.39. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. Advanced Micro Devices, Inc. has a one year low of $188.22 and a one year high of $658.52. The stock has a market cap of $994.77 billion, a PE ratio of 156.88, a P/E/G ratio of 6.69 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. The business had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company’s revenue was up 50.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.48 earnings per share. On average, research analysts forecast that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Susquehanna raised their target price on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the stock a “positive” rating in a research report on Thursday, July 30th. Zacks Research downgraded Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. UBS Group reiterated an “overweight” rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Barclays downgraded Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research report on Friday, June 12th. Finally, KeyCorp set a $650.00 price target on Advanced Micro Devices in a research note on Wednesday, August 5th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average price target of $585.26.

Insider Buying and Selling

In related news, EVP Forrest Norrod sold 17,261 shares of Advanced Micro Devices stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $503.05, for a total value of $8,683,146.05. Following the transaction, the executive vice president owned 363,317 shares in the company, valued at $182,766,616.85. This trade represents a 4.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the sale, the executive vice president owned 160,979 shares in the company, valued at $76,316,924.32. This represents a 8.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 213,838 shares of company stock valued at $105,533,836. 0.50% of the stock is owned by corporate insiders.

Advanced Micro Devices Company 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.