971 Advanced Micro Devices, Inc. $AMD Shares Acquired by Burr Financial Services LLC

Burr Financial Services LLC grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 20.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,620 shares of the semiconductor manufacturer’s stock after buying an additional 971 shares during the period. Advanced Micro Devices makes up about 2.1% of Burr Financial Services LLC’s holdings, making the stock its 10th biggest holding. Burr Financial Services LLC’s holdings in Advanced Micro Devices were worth $3,438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in AMD. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Advanced Micro Devices during the third quarter valued at about $29,000. JNBA Financial Advisors increased its position in shares of Advanced Micro Devices by 142.9% during the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 30 shares during the last quarter. Bullseye Investment Management LLC bought a new position in shares of Advanced Micro Devices during the 2nd quarter valued at about $44,000. Luminist Capital LLC purchased a new position in shares of Advanced Micro Devices during the 2nd quarter valued at about $46,000. Finally, BOK Financial Private Wealth Inc. bought a new stake in Advanced Micro Devices in the 2nd quarter worth approximately $53,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on AMD. William Blair reaffirmed a “market perform” rating on shares of Advanced Micro Devices in a research note on Friday, July 24th. Melius Research set a $660.00 price objective on shares of Advanced Micro Devices in a report on Friday, July 24th. Stifel Nicolaus upped their price objective on shares of Advanced Micro Devices from $635.00 to $700.00 and gave the company a “buy” rating in a research note on Monday. Argus increased their target price on shares of Advanced Micro Devices from $450.00 to $625.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Finally, Susquehanna lifted 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. Three analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $585.26.

Advanced Micro Devices Trading Down 3.6%

Advanced Micro Devices stock traded down $23.20 during trading hours on Thursday, reaching $622.66. The stock had a trading volume of 8,939,612 shares, compared to its average volume of 32,524,732. The company has a fifty day simple moving average of $523.60 and a 200-day simple moving average of $455.44. Advanced Micro Devices, Inc. has a 52 week low of $188.22 and a 52 week high of $658.52. The stock has a market cap of $1.02 trillion, a PE ratio of 160.15, a PEG ratio of 6.73 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 announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating 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 company had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. During the same quarter in the previous year, the business earned $0.48 EPS. Advanced Micro Devices’s revenue was up 50.1% compared to the same quarter last year. Analysts forecast that Advanced Micro Devices, Inc. will post 6.43 EPS for the current fiscal year.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Analyst optimism remains a major support. BNP Paribas raised its price target to $960 from $600, while Citi lifted its target to $800 from $575 and maintained a Buy rating. Analysts see additional upside if AMD successfully expands across CPUs, AI accelerators and inference-focused chips. AMD Stock Isn’t Undervalued, but Wall Street May Be Underestimating a Key Opportunity
• Positive Sentiment: AI infrastructure demand continues to look robust. TSMC reported third-quarter revenue of approximately $46.7 billion, up 50% year over year, signaling sustained demand for advanced processors, including AMD products. AMD also expects a substantial increase in manufacturing capacity in 2027 to address demand for AI processors and CPUs. Nvidia, AMD, Intel stocks despite record AI demand
• Positive Sentiment: Supply-chain and strategic partnerships could improve execution. CEO Lisa Su’s meetings with Samsung and SK Hynix reportedly focused on memory supply, foundry cooperation and broader AI collaboration. AMD’s relationship with Core Scientific and AMD-powered servers from Hewlett Packard Enterprise also reinforce the company’s data-center opportunity. AMD CEO says continues to explore foundry partnership with Samsung Electronics
• Neutral Sentiment: Investors now have a clear catalyst. AMD will report fiscal third-quarter results after the market close on November 3, 2026. Results, guidance and commentary on AI accelerator shipments will be important tests of the optimistic price targets. AMD to Report Fiscal Third Quarter 2026 Financial Results
• Negative Sentiment: Valuation and execution risks are limiting enthusiasm. Critics argue that AMD’s valuation already assumes successful large-scale deployment of products such as Helios, while the company must still convert customer commitments into recurring revenue and stronger cash flow. Potential dilution from warrants issued to Meta and OpenAI is another risk.
• Negative Sentiment: Macro pressure is weighing on high-growth technology shares. Rising Treasury yields and concerns that the AI trade has become overextended have pressured AMD and other chip stocks, even after TSMC delivered strong results.

Insider Activity at Advanced Micro Devices

In related news, EVP Jean X. Hu sold 15,000 shares of the firm’s stock in a transaction on 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 owned 160,979 shares of the company’s stock, valued at $76,316,924.32. This trade represents a 8.52% decrease in their ownership of the stock. 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 Paul Grasby sold 15,000 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the transaction, the executive vice president directly owned 117,687 shares in the company, valued at approximately $60,598,213.17. The trade was a 11.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 213,838 shares of company stock valued at $105,533,836 over the last 90 days. Company insiders own 0.50% of the company’s stock.

About Advanced Micro Devices

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.