116,139 Advanced Micro Devices, Inc. $AMD Shares Bought by ProShare Advisors LLC

ProShare Advisors LLC lifted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,063,566 shares of the semiconductor manufacturer’s stock after purchasing an additional 116,139 shares during the period. Advanced Micro Devices accounts for approximately 1.8% of ProShare Advisors LLC’s holdings, making the stock its 7th largest holding. ProShare Advisors LLC owned about 0.13% of Advanced Micro Devices worth $1,262,407,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Vise Technologies Inc. bought a new stake in shares of Advanced Micro Devices in the third quarter worth $47,021,000. Investment Partners LTD. purchased a new stake in Advanced Micro Devices during the 3rd quarter valued at about $258,000. Summit Global Investments increased its stake in shares of Advanced Micro Devices by 75.5% in the 3rd quarter. Summit Global Investments now owns 10,404 shares of the semiconductor manufacturer’s stock worth $6,364,000 after purchasing an additional 4,477 shares in the last quarter. Americana Partners LLC raised its stake in Advanced Micro Devices by 8.0% during the 3rd quarter. Americana Partners LLC now owns 9,826 shares of the semiconductor manufacturer’s stock worth $6,011,000 after acquiring an additional 724 shares during the period. Finally, Aprio Wealth Management LLC boosted its holdings in shares of Advanced Micro Devices by 21.3% in the 3rd quarter. Aprio Wealth Management LLC now owns 7,574 shares of the semiconductor manufacturer’s stock valued at $4,633,000 after buying an additional 1,330 shares in the last quarter. 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: AMD’s data-center revenue reportedly nearly doubled, and its Helios rack-scale systems, EPYC processors and Instinct GPUs are being deployed in Meta’s AI infrastructure. The companies also expanded their relationship through a planned $1 billion equity investment and multigeneration chip collaboration. AMD Expands AI Footprint With Meta
• Positive Sentiment: Rackspace selected AMD-powered infrastructure for HGS’s private AI deployment, adding another enterprise use case for AMD’s data-center products. HGS Selects Rackspace Technology for Private AI Infrastructure
• Positive Sentiment: Rakuten Investment Management disclosed a new approximately $283.7 million AMD position, while many large institutions—including JPMorgan, Invesco, FMR and BlackRock—reported adding shares in recent quarters. Rakuten Opens AMD Position
• Positive Sentiment: Analyst targets remain broadly above the current share price, with a reported six-month median target of $512.50 and several targets ranging from $560 to $700.
• Neutral Sentiment: AMD is scheduled to report third-quarter results on Nov. 3. Investors will focus on data-center growth, AI accelerator demand, supply constraints and management’s outlook for 2027.
• Neutral Sentiment: Recent commentary highlights a sharply divided outlook: AMD’s AI growth is accelerating, but its valuation leaves little room for an earnings or guidance disappointment. AMD Earnings Preview
• Negative Sentiment: Intel’s disappointing fourth-quarter forecast, weak PC-market conditions and margin concerns triggered a broad semiconductor selloff. Investors are questioning whether AMD faces similar demand or supply pressures. AMD Shares Slide After Intel Earnings
• Negative Sentiment: Several reports argue AMD is priced more aggressively than NVIDIA despite slower expected growth, making the stock vulnerable to profit-taking before earnings. AMD Reports on Nov. 3
• Negative Sentiment: Insiders have reported 147 open-market sales and no purchases over the past six months, including substantial sales by CEO Lisa Su and other executives. Cathie Wood’s ARK Invest has also continued trimming AMD, adding to near-term sentiment pressure.

Analyst Upgrades and Downgrades

Several research firms have issued reports on AMD. UBS Group reissued an “overweight” rating on shares of Advanced Micro Devices in a research note on Friday, July 24th. Stifel Nicolaus upped their price target on shares of Advanced Micro Devices from $635.00 to $700.00 and gave the company a “buy” rating in a report on Monday, October 5th. Zacks Research downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 1st. JPMorgan Chase & Co. lifted their price objective on Advanced Micro Devices from $385.00 to $550.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Finally, Citigroup boosted their price target on Advanced Micro Devices from $575.00 to $800.00 and gave the stock a “buy” rating in a research note on Tuesday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $607.57.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $504.80 on Friday. The business has a 50 day simple moving average of $548.29 and a two-hundred day simple moving average of $409.20. Advanced Micro Devices, Inc. has a 12 month low of $188.22 and a 12 month high of $658.52. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The stock has a market capitalization of $824.07 billion, a P/E ratio of 129.77, a PEG ratio of 5.18 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The business had revenue of $11.54 billion during the quarter, compared to analysts’ expectations of $11.31 billion. During the same period in the prior year, the company earned $0.48 earnings per share. The business’s revenue was up 50.1% compared to the same quarter last year. As a group, analysts predict that Advanced Micro Devices, Inc. will post 6.50 EPS for the current fiscal year.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Norrod sold 17,262 shares of the firm’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $540.70, for a total value of $9,333,563.40. Following the completion of the sale, the executive vice president owned 353,317 shares in the company, valued at $191,038,501.90. This trade represents a 4.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 70,000 shares of the business’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $506.80, for a total transaction of $35,476,000.00. Following the sale, the chief executive officer owned 3,032,156 shares in the company, valued at $1,536,696,660.80. The trade was a 2.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 231,100 shares of company stock worth $114,867,400 over the last quarter. 0.50% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Profile

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.