11,745 Advanced Micro Devices, Inc. $AMD Shares Purchased by Milestones Administradora de Recursos Ltda.

Milestones Administradora de Recursos Ltda. raised its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 34.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 45,804 shares of the semiconductor manufacturer’s stock after buying an additional 11,745 shares during the period. Advanced Micro Devices comprises about 5.0% of Milestones Administradora de Recursos Ltda.’s portfolio, making the stock its 9th biggest position. Milestones Administradora de Recursos Ltda.’s holdings in Advanced Micro Devices were worth $28,021,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in AMD. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Advanced Micro Devices in the third quarter worth approximately $29,000. JNBA Financial Advisors boosted its holdings in 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 acquiring an additional 30 shares during the last quarter. Downshift Financial LLC boosted its holdings in Advanced Micro Devices by 850.0% in the third quarter. Downshift Financial LLC now owns 57 shares of the semiconductor manufacturer’s stock valued at $35,000 after acquiring an additional 51 shares during the last quarter. Sawyer & Company Inc acquired a new stake in Advanced Micro Devices during the 3rd quarter valued at approximately $37,000. Finally, Bullseye Investment Management LLC acquired a new stake in Advanced Micro Devices during the 2nd quarter valued at approximately $44,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In other news, EVP Mark Papermaster sold 28,811 shares of Advanced Micro Devices stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total value of $13,595,046.57. Following the completion of the sale, the executive vice president owned 1,261,461 shares in the company, valued at $595,245,602.07. The trade was a 2.23% decrease in their position. The transaction 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 Forrest Norrod sold 17,262 shares of Advanced Micro Devices stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $540.70, for a total transaction of $9,333,563.40. Following the completion of the sale, the executive vice president owned 353,317 shares of the company’s stock, valued at $191,038,501.90. This represents a 4.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 231,100 shares of company stock worth $114,867,400. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices Trading Up 3.4%

NASDAQ AMD opened at $552.72 on Thursday. The business has a 50 day simple moving average of $541.00 and a 200 day simple moving average of $481.17. 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 capitalization of $902.30 billion, a P/E ratio of 142.09, a P/E/G ratio of 5.49 and a beta of 2.45. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The business had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same period in the previous year, the company posted $0.48 earnings per share. The firm’s revenue for the quarter was up 50.1% on a year-over-year basis. Research analysts expect that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have issued reports on AMD. TD Cowen restated a “buy” rating on shares of Advanced Micro Devices in a report on Monday. BMO Capital Markets assumed coverage on shares of Advanced Micro Devices in a research note on Thursday, August 20th. They issued an “outperform” rating and a $550.00 price objective on the stock. DA Davidson increased their price objective on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Sanford C. Bernstein reiterated an “outperform” rating and set a $650.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Finally, William Blair reissued a “market perform” rating 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-one have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $606.76.

More Advanced Micro Devices News

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

• Positive Sentiment: Higher analyst price target: Susquehanna raised its AMD target from $550 to $620 and maintained a positive rating, citing continued AI and data-center momentum. Wedbush also reaffirmed an Outperform rating with a $600 target.
• Positive Sentiment: Expanding AI infrastructure footprint: Vultr plans to deploy AMD Instinct MI355X GPUs in a 20-megawatt supercluster in Chennai, India. The project would become India’s largest AMD Instinct deployment and strengthens AMD’s position in enterprise and sovereign AI computing. Vultr and AMD Expand Global Collaboration
• Positive Sentiment: Long-term AI opportunity: Coverage highlighted AMD’s planned $8.2 billion investment in emerging AI applications such as robotics, simulation and physical AI. Analysts also view AMD’s server CPU business as a beneficiary of agentic-AI growth, while Anthropic’s large computing commitments reinforce expectations for sustained infrastructure spending.
• Positive Sentiment: Sector tailwinds: Strong updates from Super Micro Computer and SpaceX helped ease concerns about an AI-spending slowdown, lifting major semiconductor names. AMD also contributed to gains in the Nasdaq-100 and broad-market ETFs. Why Nvidia, AMD and Intel Stocks Are Surging
• Neutral Sentiment: Competitive positioning: Investor coverage continues to compare AMD with Nvidia, emphasizing AMD’s exposure to CPUs, GPUs and data-center infrastructure as potential ways to benefit from an AI buildout that may have several years left to run.
• Negative Sentiment: Valuation and earnings risk: AMD has risen sharply this year and trades at a demanding earnings multiple. Investors are focused on the November 3 quarterly report, with the stock vulnerable to disappointment in revenue growth, margins or AI demand guidance. After a 137% Run, Is AMD Priced for Perfection?
• Negative Sentiment: Insider selling: EVP Forrest Norrod sold 17,262 shares worth about $9.3 million under a pre-arranged Rule 10b5-1 plan. Because he retained a substantial position, the transaction is a limited rather than decisive negative signal.

About Advanced Micro Devices

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

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