Leo Wealth LLC bought a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 3,089 shares of the semiconductor manufacturer’s stock, valued at approximately $1,890,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Apollon Wealth Management LLC grew its holdings in shares of Advanced Micro Devices by 2.3% in the third quarter. Apollon Wealth Management LLC now owns 105,353 shares of the semiconductor manufacturer’s stock worth $64,451,000 after purchasing an additional 2,376 shares during the last quarter. Townsend & Associates Inc purchased a new position in shares of Advanced Micro Devices in the third quarter worth $263,000. Tower View Wealth Management LLC increased its stake in shares of Advanced Micro Devices by 1.9% in the third quarter. Tower View Wealth Management LLC now owns 5,995 shares of the semiconductor manufacturer’s stock worth $3,668,000 after buying an additional 111 shares during the period. Kingswood Wealth Advisors LLC increased its stake in shares of Advanced Micro Devices by 3.1% in the third quarter. Kingswood Wealth Advisors LLC now owns 23,331 shares of the semiconductor manufacturer’s stock worth $14,273,000 after buying an additional 699 shares during the period. Finally, Straight Path Wealth Management raised its holdings in Advanced Micro Devices by 25.3% during the 3rd quarter. Straight Path Wealth Management now owns 501 shares of the semiconductor manufacturer’s stock valued at $306,000 after buying an additional 101 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.
Insiders Place Their Bets
In other Advanced Micro Devices news, EVP Jean X. Hu sold 15,000 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the transaction, the executive vice president directly owned 160,979 shares of the company’s stock, valued at approximately $76,316,924.32. The trade was a 8.52% 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 Forrest Norrod sold 17,262 shares of the business’s 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 transaction, the executive vice president directly owned 353,317 shares in the company, valued at approximately $191,038,501.90. The trade was a 4.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 231,100 shares of company stock valued at $114,867,400 over the last quarter. 0.50% of the stock is owned by company insiders.
Advanced Micro Devices Price Performance
Shares of AMD stock opened at $531.28 on Tuesday. 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 fifty-two week low of $188.22 and a fifty-two week high of $658.52. The firm has a market cap of $867.30 billion, a P/E ratio of 136.58, a P/E/G ratio of 5.30 and a beta of 2.45. The business’s 50 day moving average price is $542.28 and its 200-day moving average price is $400.69.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) 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. The company had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The firm’s revenue for the quarter was up 50.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.48 earnings per share. On average, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current year.
Advanced Micro Devices News Roundup
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Meta’s AI financing plan supports demand visibility. Meta plans up to $95 billion in stock-related financing for AI infrastructure, with AMD, Nvidia and Broadcom reportedly considering up to $5 billion in combined purchases of Meta shares. The plan signals continued, large-scale spending by a major AMD customer and AI ecosystem partner. Meta equity offerings article
- Positive Sentiment: Analysts see server CPU growth as a key earnings catalyst. Wedbush identified rising AI-computing demand as a potential driver for AMD’s EPYC server CPU business ahead of the company’s November 3 earnings release. Investors are also focused on whether AMD’s Helios rack-scale AI strategy can expand its opportunity beyond GPUs into CPUs and inference workloads. Wedbush server CPU demand article
- Positive Sentiment: Semiconductor-sector momentum provided additional support. AMD participated in a broader rally following AI-related announcements from Meta and Anthropic, while strong moves in other chip stocks reinforced optimism around AI infrastructure spending. Chip stocks rally article
- Neutral Sentiment: Trading data showed no reported short interest. The October 26 report listed AMD short interest at zero shares and a zero-day short ratio. That could indicate limited short-selling pressure, although the figure may reflect a reporting or data issue rather than a meaningful change in investor positioning.
- Negative Sentiment: Valuation and competitive risks remain significant. Commentary noted that AMD has rallied sharply this year, while Nvidia continues to lead in margins and data-center scale. With AMD trading at a high valuation, investors may demand strong execution and upbeat guidance; competition from Nvidia, Broadcom, Marvell and newer AI-chip companies could limit further gains. AMD and Nvidia valuation article
Wall Street Analysts Forecast Growth
A number of research firms recently commented on AMD. Rosenblatt Securities reiterated a “buy” rating and set a $700.00 price target on shares of Advanced Micro Devices in a report on Tuesday, September 29th. Truist Financial raised their price target on shares of Advanced Micro Devices from $478.00 to $594.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. DA Davidson boosted their price objective on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. KeyCorp set a $650.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research note on Monday, October 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $606.76.
View Our Latest Analysis on AMD
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.
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