Advanced Micro Devices, Inc. $AMD Shares Bought by Partners Wealth Management LLC

Partners Wealth Management LLC lifted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 793.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 15,758 shares of the semiconductor manufacturer’s stock after purchasing an additional 13,995 shares during the quarter. Advanced Micro Devices makes up about 1.0% of Partners Wealth Management LLC’s portfolio, making the stock its 18th largest holding. Partners Wealth Management LLC’s holdings in Advanced Micro Devices were worth $9,640,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Blueprint Investment Partners LLC bought a new position in Advanced Micro Devices during the third quarter worth $6,680,000. Harbour Trust & Investment Management Co boosted its position in Advanced Micro Devices by 2.4% during the third quarter. Harbour Trust & Investment Management Co now owns 1,869 shares of the semiconductor manufacturer’s stock valued at $1,143,000 after acquiring an additional 43 shares during the last quarter. Bosman Wealth Management LLC grew its holdings in Advanced Micro Devices by 14.4% during the 3rd quarter. Bosman Wealth Management LLC now owns 9,775 shares of the semiconductor manufacturer’s stock worth $5,980,000 after acquiring an additional 1,231 shares during the period. Choreo LLC grew its holdings in Advanced Micro Devices by 9.4% during the 3rd quarter. Choreo LLC now owns 41,075 shares of the semiconductor manufacturer’s stock worth $25,128,000 after acquiring an additional 3,530 shares during the period. Finally, Argentarii LLC raised its position in shares of Advanced Micro Devices by 1.1% in the 3rd quarter. Argentarii LLC now owns 3,038 shares of the semiconductor manufacturer’s stock worth $1,859,000 after acquiring an additional 34 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Lisa Su sold 70,000 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $506.80, for a total value of $35,476,000.00. Following the transaction, the chief executive officer directly owned 3,032,156 shares in the company, valued at $1,536,696,660.80. This trade represents a 2.26% decrease in their position. 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, 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 directly owned 353,317 shares of the company’s stock, valued at approximately $191,038,501.90. The trade was 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. Insiders sold 231,100 shares of company stock worth $114,867,400 over the last quarter. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices Stock Down 2.1%

AMD stock opened at $566.42 on Friday. The stock’s 50 day simple moving average is $547.58 and its 200 day simple moving average is $407.71. Advanced Micro Devices, Inc. has a fifty-two week low of $188.22 and a fifty-two week 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 $924.67 billion, a P/E ratio of 145.61, a price-to-earnings-growth ratio of 5.94 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data 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 firm had revenue of $11.54 billion during the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The company’s revenue for the quarter was up 50.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.48 earnings per share. On average, research analysts expect that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current fiscal year.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD expanded its partnership with Meta Platforms, including a planned $1 billion investment in Meta and multi-generation co-design of Instinct GPUs, EPYC processors and Helios rack-scale systems. The agreement covers Meta’s gigawatt-scale AI infrastructure and could support significant future chip demand. AMD Meta partnership article
• Positive Sentiment: Meta’s deployment of AMD hardware for AI models, along with reported agreements involving OpenAI and Anthropic, reinforces AMD’s position as a major alternative to Nvidia in the data-center accelerator market. AMD AI partnership article
• Positive Sentiment: Analysts expect AMD’s upcoming third-quarter results and outlook to benefit from continued demand for EPYC server CPUs and Instinct AI accelerators. Susquehanna also raised its price target to $650 and maintained a positive rating. AMD earnings preview
• Neutral Sentiment: AMD is scheduled to report earnings on November 3. After a powerful year-to-date rally, investors will likely focus less on a quarterly beat and more on 2027 data-center revenue expectations, supply availability, margins and forward guidance. AMD valuation and earnings article
• Negative Sentiment: Jefferies warned that AMD’s demanding valuation and potential supply constraints could limit near-term upside, even if the company beats estimates and raises guidance. Taiwan Semiconductor’s higher wafer and advanced-packaging prices also create a potential margin risk for AMD. Jefferies AMD outlook
• Negative Sentiment: Semiconductor stocks came under pressure after Alphabet’s results highlighted the enormous expense of AI infrastructure, while lighter-than-expected spending signals from major technology companies raised concerns about the sustainability and returns of the AI investment cycle. AI infrastructure market reaction
• Negative Sentiment: AMD’s valuation leaves little room for disappointment after its substantial rally, and ARK Invest’s continued reduction of its AMD position adds a modest negative sentiment signal.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AMD. William Blair reissued a “market perform” rating on shares of Advanced Micro Devices in a research note on Friday, July 24th. 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. DA Davidson boosted their price target on Advanced Micro Devices from $425.00 to $550.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Jefferies Financial Group restated a “buy” rating on shares of Advanced Micro Devices in a report on Thursday. Finally, Wall Street Zen raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Sunday, October 4th. Three 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 given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $607.57.

Advanced Micro Devices Company 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.