5,062 Advanced Micro Devices, Inc. $AMD Shares Bought by Jackson Square Capital LLC

Jackson Square Capital LLC grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 461.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 6,158 shares of the semiconductor manufacturer’s stock after purchasing an additional 5,062 shares during the period. Jackson Square Capital LLC’s holdings in Advanced Micro Devices were worth $3,767,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. BlackRock Inc. lifted its stake 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 during the last quarter. State Street Corp boosted its holdings in Advanced Micro Devices by 2.9% during the second quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock worth $46,606,266,000 after buying an additional 2,149,563 shares in the last quarter. Bank of America Corp DE bought a new stake in Advanced Micro Devices during the second quarter worth approximately $7,022,226,000. Jennison Associates LLC boosted its holdings in Advanced Micro Devices by 5.8% during the second 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 in the last quarter. Finally, Wellington Management Group LLP grew its position 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 during the last quarter. Institutional investors and hedge funds 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: AMD benefited from renewed investor interest in AI infrastructure stocks alongside Nvidia and CoreWeave. The rebound suggests traders viewed the recent pullback as an opportunity, while broader market support from lower oil prices improved risk appetite. Why are Intel and AMD stocks rising on Monday?
• Positive Sentiment: Investors are looking ahead to AMD’s November 3 earnings report. The company is expected to generate approximately $13 billion in third-quarter revenue, representing roughly 41% year-over-year growth, and has exceeded the high end of its own revenue guidance in each of the past two quarters. AMD Stock Is Up Over 140% This Year
• Positive Sentiment: KeyCorp raised its third-quarter 2026 EPS forecast to $1.84 from $1.64 and lifted its FY2027 estimate to $19.17 from $16.81. The firm also increased several 2027 quarterly estimates, reinforcing expectations for accelerating earnings from AMD’s data-center and AI businesses. KeyCorp Expects Higher Earnings for Advanced Micro Devices
• Neutral Sentiment: AMD is being highlighted as a potential long-term AI and high-performance-computing beneficiary. Supporters point to its data-center products, high-precision computing chips used in research and defense applications, and opportunities to gain share from Intel. Advanced Micro Devices stock information
• Negative Sentiment: Risk remains elevated after AMD’s substantial run-up: the stock trades at a very high valuation, and analysts warn that substantial future growth may already be priced in. Concerns about leveraged AI-chip financing, delayed data-center projects and a potential AI spending slowdown could renew pressure on the shares. Spotlight on Levered Chip Financing

Advanced Micro Devices Trading Up 2.6%

Shares of NASDAQ:AMD traded up $13.94 during mid-day trading on Monday, hitting $542.69. The stock had a trading volume of 11,840,819 shares, compared to its average volume of 32,121,559. The company’s 50 day moving average is $537.02 and its 200-day moving average is $474.16. 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 quick ratio of 1.91 and a current ratio of 2.61. The company has a market cap of $885.92 billion, a PE ratio of 139.77, a P/E/G ratio of 5.43 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 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. During the same period in the previous year, the business earned $0.48 EPS. The company’s revenue was up 50.1% on a year-over-year basis. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 6.49 EPS for the current year.

Analyst Ratings Changes

AMD has been the topic of several research reports. Benchmark upped their price target on Advanced Micro Devices from $485.00 to $685.00 and gave the company a “buy” rating in a report on Wednesday, July 22nd. JPMorgan Chase & Co. increased their price objective on Advanced Micro Devices from $385.00 to $550.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. DA Davidson raised their price objective on Advanced Micro Devices from $425.00 to $550.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Melius Research set a $660.00 price objective on Advanced Micro Devices in a research note on Friday, July 24th. Finally, Wells Fargo & Company lifted their target price on Advanced Micro Devices from $615.00 to $700.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $603.51.

Insiders Place Their Bets

In related news, EVP Jean X. Hu sold 15,000 shares of the stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total value of $7,111,200.00. Following the completion of the sale, the executive vice president directly owned 160,979 shares of the company’s stock, valued at approximately $76,316,924.32. This represents a 8.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of the stock in a transaction dated Thursday, August 20th. The stock was 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 directly owned 1,261,461 shares of the company’s stock, valued at approximately $595,245,602.07. This represents a 2.23% 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 have sold a total of 213,838 shares of company stock valued at $105,533,836 over the last quarter. 0.50% of the stock is owned by insiders.

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.